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RBI asks NBFCs to become part of Unified Lending Interface for better fina
Updated : 1 year, 1 month ago IST
Sanjay Malhotra, Governor, of the Reserve Bank of India (RBI) on Thursday asked Non-Banking Financial Companies (NBFCs) across all layers to become part of the Unified Lending Interface (ULI) being put in place by the Reserve Bank.
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"Well trained": Indian women's team bank on home support ahead of FIH Pro
Updated : 1 year, 1 month ago IST
India will kickstart their campaign with two matches against England on February 15 and 16 followed by clashes against Spain on February 18 and 19. The side will also face challenging opponents in World No. 4 Germany and World No. 1 Netherlands on February 21, 22 and February 24, 25 respecti
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Star Health Insurance Wins 'Best Health Insurance Company of the Year' at
Updated : 1 year, 1 month ago IST
Mumbai (Maharashtra) [India], February 13: Star Health and Allied Insurance Company Ltd. (Star Health Insurance), India's largest retail health insurance provider, has been honored with the prestigious 'Best Health Insurance Company of the Year' award at the InsureNext Global Conclave &
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ED freezes Rs 170 crore of 30 bank accounts in money laundering case linki
Updated : 1 year, 1 month ago IST
The Enforcement Directorate (ED) has frozen movable properties in the form of more than 30 bank account balance of some shell companies to the tune of Rs 170 crore following a raid conducted two days ago in Delhi, Uttar Pradesh, and Haryana in connection with a case of QFX Trade Ltd, the
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India's trade deficit likely to narrow to USD 20.88 bn in Jan from USD 21.
Updated : 1 year, 1 month ago IST
India's merchandise trade deficit is expected to have narrowed to USD 20.88 billion in January 2025, down from USD 21.94 billion in December 2024, according to a report by Union Bank of India.
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3rd Federal Bank Kochi Marathon Champions Sustainability and Athletic Exce
Updated : 1 year, 1 month ago IST
Kochi (Kerala) [India], February 13: The third edition of the Federal Bank Kochi Marathon, organized by Cleosportz, witnessed an overwhelming response as Eight thousands of runners participated in the event held at Marine Drive, Kochi. With a strong emphasis on sustainability and the circula
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RBI's inflation target seems feasible with softened vegetable prices, skew
Updated : 1 year, 1 month ago IST
India's inflation outlook appears favorable, with the possibility of aligning with the Reserve Bank of India's (RBI) 4 per cent target in the coming months, highlighted a report by Bank of Baroda.
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RBI lifts restrictions on Kotak Mahindra Bank from issuing credit cards, a
Updated : 1 year, 1 month ago IST
The Reserve Bank has lifted all restrictions it placed on Kotak Mahindra Bank. On April 24 last year, the RBI imposed certain business restrictions on the private lender.
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Exclusive Benefits and Interest Rates on Home Loans for Bank Employees
Updated : 1 year, 1 month ago IST
New Delhi [India], February 12: Home loans play a crucial role in helping individuals finance the purchase or construction of a house. Bank employees often enjoy exclusive advantages, including reduced interest rates and tailored benefits, making home ownership more accessible. These special
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NPST Wins Multiple Awards at the Bharat Fintech Summit for Its Disruptive
Updated : 1 year, 1 month ago IST
Mumbai (Maharashtra) [India], February 12: Network People Services Technologies Ltd. (NPST), a leading provider of digital banking and payment processing solutions, has secured three prestigious accolades at the Bharat Fintech Summit's Fintech & Digital Excellence Awards. This recognitio
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Banks funding data for Private sector projects shows jump in private capex
Updated : 1 year, 1 month ago IST
Funding for private sector projects has been witnessing significant growth, with bank approvals rising at a compound annual growth rate (CAGR) of 20 per cent since the pre-COVID period. This trend highlights a strong outlook for private capital expenditure (capex), according to a report from
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India needs to add USD 4 trn in bank capital to meet 'Viksit Bharat' GDP t
Updated : 1 year, 1 month ago IST
India's banking sector will need to raise USD 4 trillion in capital over the next two decades to support the country's goal of becoming a developed economy, or "Viksit Bharat," by 2047, according to a report by HSBC Mutual Fund.
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