New Delhi [India], December 29 (ANI): Improved asset quality and consequently lower credit provisions can drive better profitability for banks and provide impetus to lenders and rejuvenate their lending decisions, ICRA Ratings has said.
Amaravati (Andhra Pradesh) [India], December 22 (ANI): Andhra Pradesh Chief Minister YS Jagan Mohan Reddy on Tuesday directed the officials to take stringent action against "online call money lenders."
Mumbai (Maharashtra) [India], December 11 (ANI): Indian non-banking financial institutions (NBFIs) will continue to face challenging conditions in 2021 even as the economy is projected to gradually recover, according to Fitch Ratings.
Mumbai (Maharashtra) [India], December 3 (ANI): The Reserve Bank of India (RBI) has asked private sector lender HDFC Bank to halt all its digital launches as well new sourcing of credit card customers temporarily.
Singapore, November 23 (ANI): Last week, news emerged that DBS Bank (DBS), Southeast Asia's largest lender, has proposed to fold Indian Bank Lakshmi Vilas Bank (LVB) into its Indian subsidiary, DBS Bank India Limited (DBSIL).
Mumbai (Maharashtra) [India], November 18 (ANI): The Indian equity benchmark indices was trading in the red on Wednesday afternoon following the Reserve Bank of India on Tuesday unveiled a draft scheme to amalgamate private sector lender Lakshmi Vilas Bank with DBS Bank India.
Mumbai (Maharashtra) [India], November 18 (ANI): The Indian equity benchmark indices opened in the red on Wednesday morning after the Reserve Bank of India (RBI) on Tuesday unveiled a draft scheme to amalgamate private sector lender Lakshmi Vilas Bank (LVB) with DBS Bank India Ltd (DBIL).
Mumbai (Maharashtra) [India], November 17 (ANI): The Reserve Bank of India (RBI) on Tuesday unveiled a draft scheme to amalgamate private sector lender Lakshmi Vilas Bank (LVB) with DBS Bank India Ltd (DBIL).
Mumbai (Maharashtra) [India], October 28 (ANI): The State Bank of India (SBI) signed a loan agreement amounting to up to USD 1 billion with the Japan Bank for International Cooperation (JBIC), a company statement said here on Wednesday.
Mumbai (Maharashtra) [India], October 28 (ANI): The country's largest public sector lender, State Bank of India (SBI), has entered into a partnership with global non-profit education platform-edX to offer Massive Open Online Courses (MOOCs) on the platform from November 2020 onwards, a compa
Mumbai (Maharashtra) [India], October 21 (ANI): Aiming to facilitate and encourage "home buyers to plan their dream house" this festive season, India's largest lender State Bank of India (SBI) on Wednesday announced a concession of as high as 25 basis points (bps) in home loan rates.
Mumbai (Maharashtra) [India], October 13 (ANI): Equity benchmark indices were flat during early hours on Tuesday tracking Asian peers which witnessed downside in early deals.