Category: Banking & Financial Services

FM Sitharaman directs Public Sector Banks to launch special drive to garner deposits

Finance and Corporate Affairs Minister Nirmala Sitharaman on Monday advised Public Sector Banks (PSBs) to make concerted efforts to garner

“Fintech is dead. Long live the banks,” said a founder of a large peer-to-peer (P2P) lending company on the recent

The low share of low-cost current account and savings account (CASA) deposits in total deposits may curb domestic fundraising efforts

Indel Money has registered a 20 per cent rise in its revenue from operations in the first quarter of the

DSP Pensions, a recent newcomer to the pension fund management industry, plans to diversify into NPS distribution and will apply

GIC Re, India’s largest re-insurer, has prepped itself for a possible offer-for-sale (OFS) by the Government, with the likelihood of

Finance Minister (FM) Nirmala Sitharaman’s August 19 meeting with heads of public sector banks (PSBs) will focus majorly on the

Muthoot Capital Services Ltd has posted a net profit of ₹11.01 crore in the first quarter of FY25. The total

Karnataka Bank has started accepting GST payments through UPI mode. A media statement said that all the GST-registered users, including

The Reserve Bank is expected to hold its key rates at the forthcoming policy review, but may sound more confident