Centre Notifies NaBFID as a ‘Public Financial Institution’
Corporate Affairs Ministry(MCA) has notified the National Bank for Financing Infrastructure and Development (NaBFID) as a ‘Public Financial Institution’ under
Continue reading
Category: Banking & Financial Services
bl interview. NaBFID sees its loan book doubling annually: MD Rajkiran Rai
The newly minted National Bank for Financing Infrastructure and Development (NaBFID), is looking at doubling its loan book annually with
Continue reading
FATF mulls disclosure norms for credit card transactions, step may raise costs for banks
Costs for credit card companies and payment aggregators may go up as the Financial Action Task Force (FATF) is mulling
Continue reading
New offers boost inflows into equity MF schemes
Inflows into equity mutual funds increased 3 per cent last month to ₹38,239 crore against ₹37,113 crore logged in July
Continue reading
Banking system could face liquidity challenges, cautions FICCI-IBA Survey of Banks
The banking system could face liquidity challenges because credit growth is outpacing deposit growth, cautioned a FICCI-IBA Survey of Banks.
Continue reading
Shriram group aims listing insurance businesses in 1-2 years: Umesh Revankar
The Shriram Group is planning to list its insurance arms—Shriram General Insurance and Shriram Life Insurance—in two years as the
Continue reading
RBI slaps monteary penalty on Axis Bank and HDFC Bank
The Reserve Bank of India (RBI) has slapped a monetary penalty of ₹1.91 crore on Axis Bank and ₹1 crore
Continue reading
Star Housing Finance aims to double home loan customer base to 10,000
Star Housing Finance Limited (Star HFL) on Monday said it expects to almost double its base of home loan customers
Continue reading
New entrant Galaxy Health Insurance appoints former New India head as its MD & CEO
Galaxy Health Insurance Company Ltd, a standalone health insurer that received its IRDAI license in March 2024, has appointed G
Continue reading
New Filesadmin.co premium of life insurers grew 22 percent in August to ₹32,644 crore: Life Insurance Council
Life insurers have recorded a 22 per cent growth in new business premium in August 2024, at ₹32,644 crore (from
Continue reading