Category: Banking & Financial Services

Gap between deposit and credit growth continues to be wide: RBI data

Deposits of all scheduled banks declined in the reporting fortnight ended August 23 even as their advances recorded a robust

Reserve Bank of India will not have to pay Goods & Services Tax (GST) on fines, penalty collected from its

Spike in early delinquency of loans, primarily in younger age groups and for unsecured loans, suggest a need for higher

PayGlocal, a leading cross-border payment solutions provider, has received final authorisation from RBI to operate as an online payment aggregator.

ITI Mutual Fund expects the share of retail investors in its total asset under management (AUM) to increase further from

Fully exempting or lowering the GST on health insurance and re-insurance could lead to a revenue loss of up to

Drip Capital, a digital platform for trade finance, has secured $113 million in new funding. This includes $23 million in

With a dismal recovery outlook, haircut taken by debtors under the Insolvency and Bankruptcy Code has increased to 68 per

PNB Housing Finance Ltd’s (PNBHFL) board of directors will meet on September 9 to approve fundraising through Non-Convertible Debentures (NCD)

Bankers have called for the development of innovative products to reclaim deposit customers who have moved to the equity market.