Government nominees in PSB boards asked to review reform path

The government has asked its nominees on the boards of public sector banks to actively review…

Life insurers register 15 per cent growth in new biz premiums to Rs 24,916 crore in October

new business premium life income of india Insurance Companies grew by 15.3 percent to Rs 24,916.58…

MFIs faced credit losses of up to 10% in FY 2011 and FY 2012 due to the pandemic

During the two years of the pandemic, microlenders experienced credit losses of up to 10%, but…

SIDBI may revamp Microfinance Equity Fund scheme

Small Industries Development Bank of India Microfinance may reform to support equity fund scheme small and…

Bank credit outpaces deposit growth during busy business cycle

Banks in India are seeing a boom Credit growth in comparison to deposits. Credit growth in…

Kotak Mahindra Bank plans to hire 20 investment bankers to bet on M&A recovery

Kotak Mahindra BankThe investment banking arm is planning to expand its operations by hiring around 20…

Corporate loans surge on capex revival

There has been a clear shift in fresh capital investment led by demand for bank credit…

PSBs on track for re-evaluation, to bridge price gap with private peers

State-owned banks posted record profits in the second quarter amid several years of low bad loans,…

Motilal Oswal Alternatives plans to raise Rs 2,000 crore through 6th Realty Fund

Motilal Oswal Alternatives (MO Alternatives), the alternative investment arm of the Motilal Oswal Group, is planning…

Bank Officers Association protest against HR norms violation by Stanchart; submitted a memorandum to the CEO

all India Bank Officers Confederation (AIBOC) has alleged violation of human resource practices by the foreign…