Category: Banking & Financial Services

Canara Bank raises MCLR by 5bps

Canara Bank, India’s second largest public sector bank, has raised the marginal cost of funds-based lending rate (MCLR) by 5

Soon, deposit holders or locker holders can name up to four persons as nominees, according to a new Bill containing

HDFC Bank is an institution which is going to be a long play in the Indian economy, said MD &

In a reflection of the rising cost of deposits amid challenges for mobilising resources and ongoing transmission of the cumulative

Finance Minister Nirmala Sitharaman on Friday introduced in the Lok Sabha the Banking Laws (Amendment) Bill, 2024, which seeks to

The government is scheduled to introduce the Banking Laws (Amendment) Bill, 2024 which seeks to increase the option for nominees

The Reserve Bank of India (RBI) has mandated lenders to report credit information to Credit Information Companies (CICs), including CIBIL

Japanese investment firm Softbank made a more-than-expected loss of $544 million while exiting from Paytm, though it offset part of

The RBI has decided to increase the frequency of reporting of credit information by lenders, including Banks and NBFCs, to

In a bid to protect customers from fraudulent players in the financial services sector, the Reserve Bank of India is