All news

Depository of News

National Housing Bank imposes Rs 80,000 fine on PNB Housing Finance

National Housing Bank (NHB) has imposed a penalty of Rs 80,000 on PNB Housing Finance for not complying with loan disbursement norms in 2015.
Finance

National Housing Bank imposes Rs 80,000 fine on PNB Housing Finance

VK Facebook Twitter Link

Canara Bank to be lead sponsor of bad bank, to pick up 12% stake

Bad bank refers to a financial institution that takes over bad assets of lenders and undertakes resolution.
Finance

Canara Bank to be lead sponsor of bad bank, to pick up 12% stake

VK Facebook Twitter Link

Rupee falls for 6th straight session, settles 2 paise down at 73.31/USD

The domestic currency has lost 51 paise in the six trading sessions to Tuesday.
Finance

Rupee falls for 6th straight session, settles 2 paise down at 73.31/USD

VK Facebook Twitter Link

Manipal Group chief, Rohan Ajila launch consumer-sector focused SPAC in US

GCAC raised this week $170 million in an initial public offering listed in NASDAQ.
Finance

Manipal Group chief, Rohan Ajila launch consumer-sector focused SPAC in US

VK Facebook Twitter Link

Mobile banking application experiencing technical issues, says HDFC Bank

In the past too, the lender, on multiple occasions, has faced outages with regards to mobile banking, internet banking, and other platforms
Finance

Mobile banking application experiencing technical issues, says HDFC Bank

VK Facebook Twitter Link

RBI to focus on growth even as inflation breaches tolerance band: Report

The annual retail inflation rate rose 6.30% year-on-year in May, up from 4.29% in April and sharply above analysts' estimate of 5.30%
Finance

RBI to focus on growth even as inflation breaches tolerance band: Report

VK Facebook Twitter Link

RBI to focus on growth even as inflation breaches tolerance band

The annual retail inflation rate rose 6.30% year-on-year in May, up from 4.29% in April and sharply above analysts' estimate of 5.30%
Finance

RBI to focus on growth even as inflation breaches tolerance band

VK Facebook Twitter Link

SBI Cards raises Rs 500 crore by issuing bonds, allots 5,000 NCDs

The coupon on the bonds is 5.55 per cent per annum. The bonds have been allotted on June 14, 2021.
Finance

SBI Cards raises Rs 500 crore by issuing bonds, allots 5,000 NCDs

VK Facebook Twitter Link

RBI proposes to lift interest rate cap on microfinance institutions

Proposes debt-income cap; common rules for all micro-loan lenders
Finance

RBI proposes to lift interest rate cap on microfinance institutions

VK Facebook Twitter Link

New auditors: Reserve Bank of India clarifies on tenure, eligibility norms

Industry lobbies have called for a review of the circular issued on April 27
Finance

New auditors: Reserve Bank of India clarifies on tenure, eligibility norms

VK Facebook Twitter Link

No more space for monetary steps, tough task ahead for RBI: SBI Report

The report said RBI will face a multiplicity of challenges and a potential inflation uptick that has all the prospects to turn ugly with a marauding global commodity cycle
Finance

No more space for monetary steps, tough task ahead for RBI: SBI Report

VK Facebook Twitter Link

Regulators to look into PNB Housing Fin's plan to raise Rs 4,000 cr

-
Finance

Regulators to look into PNB Housing Fin's plan to raise Rs 4,000 cr

VK Facebook Twitter Link

Rupee falls for 5th straight session, settles 22 paise down at 73.29/USD

The domestic unit has lost 49 paise in the last five trading sessions.
Finance

Rupee falls for 5th straight session, settles 22 paise down at 73.29/USD

VK Facebook Twitter Link

Private equity, venture capital investments fall in May to $3.6 bn: Report

This compares to April's $7.5 billion and the year-ago period's $5.4 billion
Finance

Private equity, venture capital investments fall in May to $3.6 bn: Report

VK Facebook Twitter Link

Indian monetary policy makers seen tolerating high inflation for growth

Data later today might show wholesale prices grew 13.3%, the highest rate in three decades, it's unlikely just yet to fully feed into consumer prices.
Finance

Indian monetary policy makers seen tolerating high inflation for growth

VK Facebook Twitter Link

Bank of Maharashtra plans to raise up to Rs 2,000 cr through QIP

State-run Bank of Maharashtra is looking to raise up to Rs 2,000 crore through qualified institutional placement (QIP) route before July-end, its Managing Director and CEO A S Rajeev said. In April this year, the Pune-based lender had received board approva
Finance

Bank of Maharashtra plans to raise up to Rs 2,000 cr through QIP

VK Facebook Twitter Link

Covid-19 pandemic impact: ICRA downgrades ratings for two MFIs

The rating action factors in the significant increase in delinquencies and the pressure on profitability and growth in light of the Covid-19 pandemic
Finance

Covid-19 pandemic impact: ICRA downgrades ratings for two MFIs

VK Facebook Twitter Link

Home loans grew 76% to Rs 79,043 crore in March quarter, shows data

Property loans also showed 21.9 per cent expansion at Rs 23,418 cr against Rs 19,207 cr in Q4FY20
Finance

Home loans grew 76% to Rs 79,043 crore in March quarter, shows data

VK Facebook Twitter Link

'We're not experts': Supreme Court rejects plea for loan moratorium

These are all in the realm of policy decision. These are issues having financial implications and we are not the experts, the Court said
Finance

'We're not experts': Supreme Court rejects plea for loan moratorium

VK Facebook Twitter Link

Bank of India allots shares to govt for Rs 3,000 crore capital infusion

State-owned Bank of India on Friday said it has allotted preference shares to the government for Rs 3,000 crore capital infusion. The bank has allotted 42,11,70,854 fresh equity shares of Rs 10 each to the government (promoter) at Rs 71.23 per share, amounti
Finance

Bank of India allots shares to govt for Rs 3,000 crore capital infusion

VK Facebook Twitter Link

Foreign exchange reserves cross $600 billion mark for first time

Forex reserves rose by $6.842 billion in the week ended June 4
Finance

Foreign exchange reserves cross $600 billion mark for first time

VK Facebook Twitter Link

SBI to offer Kavach personal loans at 8.5% for Covid-stressed customers

It is a collateral-free offering under which a maximum of Rs 5 lakh can be extended for 5 years
Finance

SBI to offer Kavach personal loans at 8.5% for Covid-stressed customers

VK Facebook Twitter Link

Rupee slips 1 paisa to close at 73.07 against US dollar as oil rises

The domestic currency has lost 27 paise in the last four trading sessions.
Finance

Rupee slips 1 paisa to close at 73.07 against US dollar as oil rises

VK Facebook Twitter Link

'Not an expert': SC declines to pass order on loan moratorium amid Covid

The top court said the courts are not experts in financial matters
Finance

'Not an expert': SC declines to pass order on loan moratorium amid Covid

VK Facebook Twitter Link

RBI extends Risk Based Internal Audit rules to housing finance companies

RBI extends RBIA rules to all deposit taking HFCs and non-deposit taking HFCs with assets above Rs 5,000 cr with effect from June 30, 2022
Finance

RBI extends Risk Based Internal Audit rules to housing finance companies

VK Facebook Twitter Link

30-day overdues in microfinance loans may double to reach 14-16%: Crisil

Collection efficiency of MFIs likely to drop to 75-80% in May, from 90-95% in March, creating asset quality pressures
Finance

30-day overdues in microfinance loans may double to reach 14-16%: Crisil

VK Facebook Twitter Link

Buffett bets on all-digital banks, but the world still needs Goldman Sachs

Big banks appear to be on the defensive against digital competitors, but they continue to hold the reins to large-scale credit.
Finance

Buffett bets on all-digital banks, but the world still needs Goldman Sachs

VK Facebook Twitter Link

YES Bank board approves fundraising up to Rs 10K crore via debt securities

At the end of March quarter, the lender had a capital adequacy ratio of 17.5 per cent compared to 19.6 per cent as of December 31
Finance

YES Bank board approves fundraising up to Rs 10K crore via debt securities

VK Facebook Twitter Link

RBI's 3rd tranche of open market purchase of Rs 40,000 cr G-Secs on Jun 17

The RBI will be buying bonds of 20 states in the G-SAP, which will be held on June 17.
Finance

RBI's 3rd tranche of open market purchase of Rs 40,000 cr G-Secs on Jun 17

VK Facebook Twitter Link

RBI hikes ATM interchange fee per transaction from Rs 15 to Rs 17

RBI has also said that customers will be eligible for five free transactions
Finance

RBI hikes ATM interchange fee per transaction from Rs 15 to Rs 17

VK Facebook Twitter Link

Reserve Bank of India's third tranche of Rs 40,000 crore OMO on June 17

-
Finance

Reserve Bank of India's third tranche of Rs 40,000 crore OMO on June 17

VK Facebook Twitter Link

Rupee extends losses for third session, breaches 73-mark against US dollar

The currency fell by 9 paise
Finance

Rupee extends losses for third session, breaches 73-mark against US dollar

VK Facebook Twitter Link

SBI-controlled RRBs see four-fold jump in net profit at Rs 1,004 cr in FY21

As a planned strategy to diversify the portfolio, RRBs expanded their housing loans by 20.35 per cent, while gold loans grew 91.73 per cent
Finance

SBI-controlled RRBs see four-fold jump in net profit at Rs 1,004 cr in FY21

VK Facebook Twitter Link

SBI-controlled RRBs see 4-fold jump in net profit at Rs 1,004.28 cr in FY21

As a planned strategy to diversify the portfolio, RRBs expanded their housing loans by 20.35 per cent, while gold loans grew 91.73 per cent
Finance

SBI-controlled RRBs see 4-fold jump in net profit at Rs 1,004.28 cr in FY21

VK Facebook Twitter Link

M K Jain re-appointed as RBI Deputy Governor for a period of two years

Jain was appointed as deputy governor for three years in June 2018
Finance

M K Jain re-appointed as RBI Deputy Governor for a period of two years

VK Facebook Twitter Link

Non-life insurers' premium income rise 11.35% YoY in May to Rs 12,316 cr

Month-on-month, premium income declines 28.84% from April levels
Finance

Non-life insurers' premium income rise 11.35% YoY in May to Rs 12,316 cr

VK Facebook Twitter Link

DBS tops Forbes 'World's Best Banks' list in India for second year in a row

DBS was ranked #1 out of 30 domestic and international banks in India
Finance

DBS tops Forbes 'World's Best Banks' list in India for second year in a row

VK Facebook Twitter Link

India offers huge potential for digital challenger banks, says report

But currency depreciation and local regulations are concerns for foreign investors: Report
Finance

India offers huge potential for digital challenger banks, says report

VK Facebook Twitter Link

Rupee falls for second day, settles 8 paise down at 72.97 against US dollar

This comes amid a lacklustre trend in domestic equities.
Finance

Rupee falls for second day, settles 8 paise down at 72.97 against US dollar

VK Facebook Twitter Link
Contacts | Privacy Policy | Terms of Use
Twitter Facebook