Samara Capital plans to buy insurance broking arm of Aditya Birla Capital: Report

Private Equity Partner of Amazon India, Samara Capital plans to buy the insurance broking arm of…

Indian banks can create a new credit growth record of Rs 19 lakh crore

Indian lenders set to see life on the high credit growthDomestic rating agency crosses Rs 19…

Loans worth Rs 10.09 lakh crore were written off in the last 5 financial years: Nirmala Sitharaman

Union Finance Minister Nirmala Sitharaman informed the Lok Sabha on Monday that scheduled commercial banks have…

Banks exploring rupee trade with Bangladesh, African nations

Sources said banks are looking at the possibility of starting rupee trade with African countries like…

Microfinance loans grow 11% to Rs 71,916 crore in Q2 FY23: Report

micro finance loan Industry data shows that during the second quarter of the current financial year,…

IDFC FIRST Bank announces fee waiver on customer-centric services

Private Sector IDFC First Bank Has announced waiver of charges on several customer-centric services such as…

Yes Bank assigns Rs 48,000 crore stressed asset loan portfolio to JC Flower ARC

yes bank 48,000 crore assignment has been completed stressed asset loan Bank’s portfolio to JC Flowers…

Microfinance NPAs at an all-time high of Rs 36,500 crore as debt restructuring shows stress in the past

tension in microfinance Growth rose for the second consecutive quarter to 12.1% at the end of…

Coordinated efforts made to contain Chinese loan apps: Finance Minister in Rajya Sabha

government departments and reserve Bank of India ,reserve Bank of IndiaTaking coordinated steps to check Chinese…

Bank margins may come under pressure amid deposit rate war

Bank Nifty is trading near lifetime highs, reflecting the fortunes of lenders, which pulled themselves out…