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…

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…

Top executives of India’s financial inclusion resign

top officials of India Financial Inclusion ,BFILLtd.), has resigned from the company last week, the bank…

Bharti AXA Life registers 33% growth in weighted new biz premium in H1 FY2012

private life insurer Bharti AXA Life Insurance On Monday, its weighted new business premium jumped 33…

View: Dear RBI, don’t penalize consumers and merchants for non-compliance by other stakeholders

Digital transactions in India have increased manifold in the last few years. The Reserve Bank of…

SIPs in Debt Funds – Here’s Why They Are Beneficial for Investors

Setting aside a fixed amount every month especially for saving or investing is the best way…

Fedo launches “Health Savings Account” in partnership with Neo Bank Open

AI powered health-tech company fedo Announced a Declared ‘Health Savings Account’, which Fedo . is called…