Search For "banking"
The Venkatesh Group celebrates 10 years of promoting social entrepreneursh
Updated : 3 years ago IST
New Delhi [India], March 20 (ANI/SRV): The Venkatesh Group, a company committed to promoting social entrepreneurship and supporting people's growth and success, recently marked 10 years of successful business operations. Founded in 2013 with just one employee and office, the group has expand
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Internet, SMS services suspended in Punjab after arrest of close aide of A
Updated : 3 years ago IST
"All mobile internet services, all SMS services (except banking & mobile recharge) and all dongle services provided on mobile networks, except the voice call, in the territorial jurisdiction of Punjab are suspended till March 20 (12:00 hours) in the interest of public safety", said De
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Developments in US banking system drives home importance of prudent asset-
Updated : 3 years ago IST
Reserve Bank of India governor Shaktikanta Das, referring to the Silicon Valley Bank shutdown and its aftereffects, has said the developments in the US banking system have brought to the fore the criticality of banking sector regulation and supervision.
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Startups should opt Indian banks as preferred partners: MoS Chandrasekhar
Updated : 3 years ago IST
Emphasising that the Indian banking system is resilient and strong amid the Silicon Valley Bank-led crisis in the US banking system and contagion effect on some others in a matter of less than a week, Union minister Rajeev Chandrasekhar has said startups should opt Indian banks as their p
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First Republic secures USD 30-bn lifeline from largest US banks
Updated : 3 years ago IST
The USD 30-billion infusion will give the struggling San Francisco lender much-needed cash to meet customer withdrawals and buttress confidence in the US banking system during a tumultuous moment for lenders, CNN Business said.
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"SVB failure puts a question mark on framework of American banking system
Updated : 3 years ago IST
"It's a huge shock, but at the same time, a huge opportunity, I think, for Indian ecosystem, to have its own bank for the money which is being used by Indian startups to be in India," said Saket Dalmia, President, PHD Chambers and Commerce and Industry.
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Nexxo Ventures appoints Narayanan Kannan as CEO of Indipaisa
Updated : 3 years ago IST
Noida (Uttar Pradesh) [India], March 16 (ANI/ATK): Nexxo Ventures, Asia's fast growing digital banking venture firm, today announces the appointment of Narayanan Kannan, as the CEO of its Indian subsidiary Indipaisa with immediate effect.
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Poonawalla Fincorp launches Kya se Wah campaign for its unsecured business
Updated : 3 years ago IST
Pune (Maharashtra) [India], March 15 (ANI/BusinessWire India): Poonawalla Fincorp Limited (erstwhile Magma Fincorp Limited), a Cyrus Poonawalla group promoted non-deposit taking systemically important non-banking finance company has launched the 'Kya se Wah' campaign. With this campaign, Poo
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Banking system remains resilient, solid: US Fed governer Michelle Bowman a
Updated : 3 years ago IST
Last Friday, Silicon Valley Bank was collapsed while on Sunday, Signature Bank too had to be closed.
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Decline in Indian stocks continue on US banking sector crisis contagion
Updated : 3 years ago IST
Stock indices in India continue to decline, pulled down by a sharp dip in almost all sectoral indices, particularly the PSU bank following the collapse of two US banks in a matter of two-to-three days.
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NPST gets extension of order book worth Rs 27.13 crore from existing clien
Updated : 3 years ago IST
Mumbai (Maharashtra) [India], March 14 (ANI/SRV): NPST, a leading and dynamic fintech company, has announced its continued manpower expansion to extend its technical support system within the digital payment ecosystem for Canara Bank. As part of the expansion, Canara Bank has extended the co
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Banks may increase loan interest rate by 100-150 bps in FY24 amid tighteni
Updated : 3 years ago IST
The rating agency opines that the transmission of monetary policy in the banking system could intensify in FY24 driven by the sharp rise in bank's marginal cost of funding.
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