Search For "banks"
Public Sector Banks Embrace AI-driven Debt Collection with Spocto X, Boost
Updated : 11 months, 3 weeks ago IST
Mumbai (Maharashtra) [India], April 3: Public Sector Banks (PSBs) are rapidly embracing AI-powered digital solutions to revolutionize debt collections, driven by the urgent need to reduce Non-Performing Assets (NPAs) and enhance recovery outcomes. Leading this transformation is Spocto X-a Yu
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Axis Bank first to go live with a pioneering B2B Collections Solution for
Updated : 11 months, 3 weeks ago IST
Mumbai (Maharashtra) [India], April 3: Axis Bank, one of the largest private sector Banks in India, today announced that it has partnered with a Fortune 500 company in India to provide B2B collections utilising NBBL's Bharat Connect (Erstwhile BBPS). With this, Axis Bank becomes the first Ba
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EPFO teams up with 15 additional banks empanelled for collection of EPFO c
Updated : 11 months, 4 weeks ago IST
Employees' Provident Fund Organisation (EPFO) entered into agreements with 15 additional Public/Private Sector Banks in the presence of Dr Mansukh Mandaviya, Union Minister for Labour & Employment, Youth Affairs & Sports in New Delhi on Tuesday.
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Credit growth of banks expected to reach 13 Pc in FY26 from 11.2 pc in FY2
Updated : 12 months ago IST
The credit growth of India's banking sector is likely to rise to 13 per cent in the financial year 2025-26 (FY26) from the current level of 11.2 per cent, according to a report by Anand Rathi.
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Indian banks expected to see loan growth of 12-14 per cent in FY26: Report
Updated : 12 months ago IST
Indian banks are expected to register loan growth of 12-14 per cent in the financial year 2025-26 (FY26), driven by an increase in deposit inflows, according to a report by Ambit Capital Research.
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Kharge slams Centre for turning banks into "collection agents" to "loot" c
Updated : 12 months ago IST
Congress President Mallikarjun Kharge on Saturday accused the central government of turning banks into "collection agents" by increasing various charges, including ATM withdrawal fees.
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Pro Panja League mega matches held at holy banks of Narmada
Updated : 12 months ago IST
The Pro Panja League hosted mega matches in Badwani, Madhya Pradesh, on the holy banks of the River Narmada.
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"Will help people...": Nirmala Sitharaman's humorous take on AAP's Raghav
Updated : 12 months ago IST
On Wednesday, Union Finance Minister Nirmala Sitharaman praised Aam Aadmi Party (AAP) Rajya Sabha MP Raghav Chadha for raising the issue of the conditions of banks in Parliament.
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Various Options to Get a Business Loan in India
Updated : 1 year ago IST
New Delhi [India], March 25: MSMEs need capital for operational purposes and expansion, where Indian business owners have access to different sources of loans. Banks provide conventional loan products, and NBFCs can offer more accommodating terms. Government schemes focus on MSME financing s
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Understanding the Significance of Fixed Deposit Receipts
Updated : 1 year ago IST
Mumbai (Maharashtra) [India], March 25: Fixed Deposit Receipts (FDRs) have emerged as a cornerstone for reliable investment strategies. These are official documents issued by banks or financial institutions when customers open fixed deposit accounts. The FDR contains essential details such a
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Pakistan: Strike in Gwadar, other cities of Balochistan to support BYC's r
Updated : 1 year ago IST
All businesses, banks, shops and petrol pumps in the city remained shut to protest against the arrests and cases lodged against all BYC women leaders, including Mahrang Baloch, Bebo Baloch and Sammi Deen Baloch.
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RBI says banks cannot impose excessive charges on loan amounts upto Rs 50,
Updated : 1 year ago IST
The Reserve Bank of India (RBI) has made it clear that banks cannot impose excessive charges, particularly on smaller loan amounts under the priority sector lending (PSL) category.
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