Banks credit in personal loans too high than degrowth in infra sectors: Assocham
While Indian banks are able to deploy credit over-enthusiastically in retail finance like personal loans, credit card overdrafts, vehicle loans,…
23 MAY 2018
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Government seeks revival plans from 11 PSBs by Friday
The Government has asked 11 public sector banks (PSBs) under the Reserve Bank of India’s prompt corrective action (PCA) framework…
23 MAY 2018
Akamai partners MUFG to unveil blockchain-based payment network
Leading cloud delivery platform Akamai Technologies have joined hands with top financial group MUFG to launch a new blockchain-based online…
23 MAY 2018
Paytm partners UNDP, launches schemes to empower rural women
In a bid to empower the women living in India’s smaller towns and cities, Paytm Payments Bank has launched an…
22 MAY 2018
Banks Board Bureau to shortlist Allahabad Bank CEO, MD
Union Ministry of Finance has directed Banks Board Bureau (BBB) to shortlist candidates for the post of Chief Executive Officer…
22 MAY 2018
India 6th wealthiest country, says report
India is the sixth wealthiest country in the world with a total wealth of $8,230 billion, according to the latest…
22 MAY 2018
Aadhaar helped eradicate 99 lakh fake beneficiaries in Maharashtra
Aadhaar has helped in replacing 99 lakh bogus beneficiaries from Public Distribution System (PDS) with the help of Aadhaar-enabled PDS…
22 MAY 2018
SBI’s Home Loans for NRIs: Eligibility, tenure and Key points
Sensing a sizeable market in Indian diaspora living and working overseas now, the State Bank of India (SBI), India’s largest…
21 MAY 2018
IDBI Bank gets two independent directors on its board
Following the resignation of two board members last week, public lender IDBI Bank has announced the appointment of two new…
21 MAY 2018
PayMate acquires digital lending platform Zaitech
PayMate, a start-up functioning in the business-to-business (B2B) payments space, has acquired digital lending platform Zaitech Technology, signalling its interest…
21 MAY 2018
