Search For "bank"
With clean balance-sheet Indian Banking sector has enough opportunity for
Updated : 1 year, 10 months ago IST
India's banking sector is ready and fit to support the growth of India in the coming years highlights KV Kamath, Chairman, National Bank for Financing Infrastructure & Development in an exclusive conversation with ANI.
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Asian Development Bank approves USD 148.5 million loan for Sikkim to boost
Updated : 1 year, 10 months ago IST
The loan will help strengthen, modernize, and create a climate-proof distribution system to enhance the reliability, quality, and resilience of the electricity supply in the region.
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RBI holds conference for heads of assurance functions at Urban Co-operativ
Updated : 1 year, 10 months ago IST
According to RBI press release, this conference, attended by about 300 participants representing more than 120 UCBs, focused on enhancing the resilience of the financial system through effective assurance functions.
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Zoozle Launches India's First Membership Plan for E-commerce Buyers, Offer
Updated : 1 year, 10 months ago IST
Bangalore (Karnataka) [India], May 16: Zoozle, a leading online e-commerce marketplace in India, has announced the launch of its revolutionary membership plan - a first in the Indian e-commerce landscape. Modeled after successful international concepts like Costco and Sam's Club, Zoozle is s
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RBI warns NBFCs: Avoid algorithm-based credit
Updated : 1 year, 10 months ago IST
Addressing a conference of heads of assurance of NBFCs held in Mumbai, Swaminathan J, Deputy Governor, RBI said that many NBFCs are increasingly turning to rule-based credit engines to accelerate the growth of their lending portfolios. He added with concern that while automation can enhance
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ScreenRoot wins the prestigious UI/UX Digital Agency of the Year 2024 Awar
Updated : 1 year, 10 months ago IST
New Delhi [India], May 16: ScreenRoot, a specialised UI & UX design agency, further solidified its position as an industry leader by winning the 'UI/UX Digital Agency of the Year 2024' award at the Great Indian BFSI Awards. The award highlights ScreenRoot's significant contributions to d
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Tripura Chief Minister Manik Saha attends blood donation camp in Agartala
Updated : 1 year, 10 months ago IST
Dr Saha delineated the indispensable role of blood banks in ensuring a consistent supply of blood units for hospitalised patients, accentuating the societal and medical importance of such donation endeavours. He fervently reiterated that blood transcends religion, caste, and community bar
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RBI's red flag on non-bank lenders raises volatility, Fitch says
Updated : 1 year, 10 months ago IST
The RBI recently clarified that NBFIs should comply with existing regulatory caps on disbursal of loans in cash to below Rs 20,000 (around USD 240). This compares to a higher Rs 200,000 cap on general cash transactions for individuals, which some lenders, the rating agency said, had adopted
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Hot MSME Growth: Top Undervalued Pick in NBFCs
Updated : 1 year, 10 months ago IST
New Delhi [India], May 16: UGRO Capital, a standout player in India's financial landscape, presents a compelling investment opportunity with its unique focus on empowering small and medium-sized enterprises (SMEs). The company's innovative approach, robust financial performance, and strategi
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Rupee112 rolls-out aggressive growth strategy; Targets Rs 1000 crore in re
Updated : 1 year, 10 months ago IST
New Delhi [India], May 16: Having launched its tailor-made and customer-centric innovative financial solutions, Rupee112, an RBI-registered lending non-banking financial company, has rolled out an aggressive growth strategy, targeting Rs1000 crore in revenue and disbursing 3lakh loans by Fy2
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India's PhonePe UPI launched in Sri Lanka
Updated : 1 year, 10 months ago IST
Central Bank of Sri Lanka Governor Nandalal Weerasinghe and India's High Commissioner to Sri Lanka Santosh Jha attended the launch event in Sri Lanka.
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Congress fighting for reservation, Constitution: Congress chief Mallikarju
Updated : 1 year, 10 months ago IST
Hitting back over Prime Minister Narendra Modi's allegation that the Congress wants to reduce the reservation for SCs, STs and OBCs and give it to its "vote bank", Congress chief Mallikarjun Kharge on Wednesday said the Congress has been fighting to protect quotas for these weaker section
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