Government extends deadline for submission of IDBI Bank sale bid till January 7

The government has extended the deadline for this IDBI Bank Privatization till 7th January. The government…

HDFC Bank buys 7.75 per cent stake in fintech start-up Mintok for Rs 31.1 crore

One of India’s largest private sector lender HDFC bank acquired a minority stake in Mintok Innovations…

BoB proposes to sell its majority stake in Nainital Bank

state owned Bank of Baroda ,bob) on Tuesday said it plans to sell majority of its…

Nirmala Sitharaman says bad loans worth Rs 10 lakh crore have been written off by banks in the last five financial years

Finance Minister Nirmala Sitharaman Said on Tuesday that the bad debt of Rs 10,09,511 crore has…

IL&FS resolves Rs 56,943 cr debt, brings down entity count to 101

Infrastructure finance firm IL&FS said it has resolved its debt of up to Rs 56,943 crore…

NBFC-MFI group overtakes banks in microfinance lending

NBFC-MFI Group have dominated micro credit distribution Data released by Sa-Dhan shows that they have overtaken…

Gold loan NBFCs see a rise in demand

Gold loans Non-Banking Finance Companies (NBFCs) are witnessing a rise in demand as the prices of…

Pristine Malwa gets court nod for resolution plan of CCD branch

bankruptcy Chennai court has approved a resolution plan Ancient Malwa to Logistics Park Sickle Logistics Limitedis…

PSBs asked to review non-core business

New Delhi: The government has asked state-owned banks to review their non-core businesses and prepare themselves…

RBI imposed penalty on 13 cooperative banks

reserve Bank of India Penalty announced on Monday the 13th co-operative banks For violation of various…