Category: Banking & Financial Services

Bank unions oppose RBI’s decision to allow compromise settlement for wilful defaulters

Two banking associations, AIBOC and AIBEA, opposed the Reserve Bank’s move to allow lenders to settle non-performing loans under a

Fino Payments Bank On Tuesday, it said it had partnered with Sequoia Capital-backed Hubble Financial to offer India’s first spending

Moody’s Investor Services said that the credit quality of Indian banks will remain resilient despite the challenging environment globally due

The total loan portfolio of the microfinance industry increased by 22 percent in FY23 to INR 3.5 crore, serving 6.6

Leading financial technology company Acemoney has launched an all-in-one payment device. It includes Mini ATM, Aadhaar ATM and Point of

Indel Money, a non-bank finance companyconsolidates its presence in western and central India as part of the national expansion plan.

Muthoottu Mini Financiers reported strong double-digit year-on-year growth of 30.58 per cent for FY22-23, recording steady incremental growth from FY

Karnataka Vikas Grameen Bank (KVGB) Launched New Deposit Scheme “Vikas Achadip 400 Days”. Shrikant M Bhandiwad, Chairman, KVGB, Who launched

After waning growth in the third quarter of fiscal 2013, largely due to regulatory changes, the number of digital loan

A memorandum of understanding was signed between the Directorate General for Resettlement (DGR), an arm of the Ministry of Defence,