Economic

Banks should play major role in driving Prime Minister’...

Finance Minister says banks will be required to give strong momentum to the infr...

Bandhan Life eyes ₹300 cr new business premium for FY25

Bandhan Life Insurance aims for ₹300 crore new business premium, expanding rapid...

City Union Bank aims to maintain CD ratio at 83-84% and...

The lender plans open around 75-100 branches in the current fiscal, leading to a...

At ₹1,86,284 crore, Mudra loans show marginal dip in H1

However, the full-year disbursals in the current fiscal will show growth driven ...

Savers shift to investors in household financial asset ...

This comes as bank deposit growth lags behind credit growth, leading to a decrea...

Large private banks’ attrition rate falls in FY24

HDFC Bank’s attrition rate lowered by 7 per cent in FY24, while KMB reported the...

AKBEF extend solidarity to striking Federal Bank employ...

AKBEF said that Federal Bank Employees Union has been on the agitational path du...

RBI flags evergreening, unethical lending practices in ...

Lenders have been told to inform RBI about action taken against unethical practi...

Shriram Life to focus on lower-sum policy sales & marke...

The company, a joint venture between Shriram Capital Ltd — the holding company o...

BoB to launch 7 phygital branches as a pilot project

These branches integrate self-service and assisted service models

SBI plans to increase headcount by 10,000 this fiscal

We are strengthening our workforce, both on the technology side as well as on th...

UPI transaction value surges to ₹1,669 lakh crore in fi...

The value of UPI transactions has grown from ₹1 lakh crore to ₹200 lakh crore at...

RBI asks banks to ringfence core business

Banks have to ensure that there is no overlap in lending activities undertaken b...

RBI lifts restriction on gold loan business of IIFL Fin...

The regulator in March barred the NBFC from offering gold loan due to serious vi...

Government securities yield curve set for bull-steepeni...

Bull steepening occurs when short-term interest rates decline faster than long-t...

Lenders to recover about 19% of principal outstanding e...

Over and above this, a portion of the bad debt that has been converted into equi...