BFSI Weekly Newsletter: November 10, 2015, Volume 02, Issue 44 | ||||||||||
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The rising defaults in the education loans have raised an alarm for RBI Governor Raghuram Rajan, who told the 6th Delhi Economics Conclave recently “Loans should be devised in a flexible manner, providing options like automotive moratorium...”
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Investments in financial technology (fintech) across Asia-Pacific increased to nearly $3.5 billion in first nine months of 2015. The largest share of 2015 Asia-Pacific fintech investment deals were in payments (40 per cent) and lending... Read More
A global not-for profit organisation, Efma has launched the seventh annual study of ‘Innovation in Retail Banking‘, which highlights that 84 per cent of retail banks have increased their investments in disruptive technologies...
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New private sector IDFC Bank is looking to fill up the space, which has been a constraint for the PSBs. The inability of the state-run banks to expand their balance-sheet due to capital constrains creates an opportunity for the new private banks... Read More
The State Bank of India net profit rose to 25 per cent to Rs. 3879.07 crore for the second quarter ended September 30, 2015. The total income of the bank increased from Rs.41,833.36 crore for the quarter ended September 30, 2014... Read More
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