Urjit Patel appointed as Chairman of National Institute of Public Finance and Policy
Former Reserve Bank of India (RBI) governor Urjit Patel has been appointed as the Chairman of the National Institute of…
20 JUN 2020
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NBFCs continue to face challenges pertaining to Fund Raising: Crisil
Availability of liquidity with Non-Banking Financial Companies (NBFCs) have not dried up completely over the past two months, said CRISIL…
20 JUN 2020
Microfinance loan portfolio reaches Rs 2,31,788 crore in FY20
The microfinance industry served 5.89 crore unique borrowers through 10.54 crore loan accounts. The industry currently has a total loan…
20 JUN 2020
Hyundai joins hands with HDFC Bank for retail financing
Hyundai Motor India (HMIL) has entered into a partnership with HDFC Bank, to offer industry first online auto retail financing…
20 JUN 2020
PMC Bank Update: RBI doubles withdrawal limit to Rs 1 Lakh
Offering some relief to the customers of the troubled PMC bank, the Reserve Bank of India (RBI) today doubled the…
19 JUN 2020
ICICI Bank sells 3.96% stake in ICICI Lombard General Insurance
India’s largest private sector lender ICICI Bank has sold a 3.96% stake in ICICI Lombard General Insurance Company Ltd for…
19 JUN 2020
Axis Bank’s former Retail Banking Head Pralay Mondal to join CSB Bank
Private sector lender CSB Bank announced the appointment of Pralay Mondal as its President (Retail, SME, Operations and IT). Mondal…
19 JUN 2020
Defer non-essential expenditure by 20%: Finance Ministry to PSBs
The Union Finance Ministry has directed the top executives of all (PSBs) to ensure necessary measures for productive use of…
19 JUN 2020
Centre to launch scheme for migrant workers, lays out Rs 50,000 crore
Prime Minister Narendra Modi will be launching Garib Kalyan Rojgar Abhiyan on June 20 in a bid to offer immediate…
19 JUN 2020
Indian economy to shrink by 4% in FY21: Asian Development Bank
The Asian Development Bank has projected that the Indian economy will shrink by 4% in FY21 as business operations were…
18 JUN 2020
