LIC knocks IRDAI doors for review of Surrender Value Guidelines
Insurance behemoth LIC is understood to have approached insurance regulator IRDAI, seeking a review of final Surrender Value Guidelines issued
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Category: Banking & Financial Services
MFIs see asset quality worsening in Q1FY25
Microfinance institutions (MFI) have seen their asset quality worsening in Q1FY25, with 90-plus days past due (dpd) loans — or
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Nationwide launch of Unified Lending Platform in due course: RBI Governor
The nationwide launch of a technology platform that would enable frictionless credit across sectors, particularly for agricultural and MSME borrowers,
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RBI Governor foresees UPI system as a game-changer in cross-border remittances
India’s real-time payment system — Unified Payments Interface (UPI) system — has the potential to evolve into a cheaper and
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PhonePe grows revenue at 74% y-o-y; turns adjusted PAT positive
Fintech major PhonePe has clocked a profit after tax of ₹197 crore, excluding ESOP costs, in the financial year 2024,
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Aim to maintain credit-deposit ratio between 78-79 per cent: Bank of India MD
Public sector major Bank of India is aiming to grow its deposits at a faster pace than credit, and maintaining
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After UPI success, RBI looking at nationwide launch of Unified Lending Interface
After the success of UPI in the digital payments space, RBI is now looking at a nationwide launch of a
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Suryoday Small Finance Bank plans to stretch maximum FD tenor to over 20 years
Suryoday Small Finance Bank is planning to stretch the maximum tenor of a Fixed Deposit (FD) to over 20 years
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ULI platform to lower credit appraisal time for small, rural borrowers: Das
The Reserve Bank of India’s (RBI) Unified Lending Interface (ULI) will enable consent based flow of digital information, including even
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Expect full recovery of claims made under credit guarantee schemes, interim Bandhan Bank MD says
Private sector lender Bandhan Bank is confident that it will receive full amount of claims made under two credit guarantee
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