IPO-bound India1 Payments sets up 10,000 white-label ATMs

IPO-bound India1 Payment, promoted by Banktec Group of Australia and was formerly known as bti payment,…

Banks write off NPAs of Rs 46,382 crore in the first half

Banks have written off bad loans worth Rs 46,382 crore during the first six months of…

LIC gets RBI nod to increase stake in Kotak Mahindra Bank

life insurance corporation ,LIC) has received approval from reserve Bank of India ,reserve Bank of India)…

New business premium of life insurers to grow by 14% to Rs 3.18 lakh crore in FY22: Study

Domestic’s Total New Business Premium life insurance companies Domestic rating agency Icra said in a report…

RBI imposes fine of Rs 1 crore on Union Bank of India

Reserve (reserve Bank of India) today imposed a monetary penalty of Rs 1 crore for violating…

Over 12k depositors of B’luru-based co-operative bank get Rs 401 cr deposit insurance cover

Over 12,000 depositors based in Bengaluru Sri Guru Raghavendra Sahakara Bank Regular ,SGRSBN) — which closed…

MSMEs, microfinance, unsecured loans to be most affected by new NPA norms for NBFCs: CRISIL

micro finance, MSME And unsecured loan the worst is expected to warm by reserve Bank of…

NBFC AUM likely to grow by 8-10% in FY’23: Report

Non-Banking Financial Companies’ (NBFC, assets under management According to a report by Ratings, helped by improving…

Ather Energy to set up its second plant at Hosur, Tamil Nadu

Ather Energy, backed by India’s largest two-wheeler firm Ltd., is planning to set up its second…

RBI nod to LIC to increase stake in Kotak Mahindra Bank

informed the exchanges on Monday that Life Insurance Corporation of India have received reserve Bank of…