FM Sitharaman says many PSBs are now back to normalcy

Finance Minister Nirmala sitharaman said on Sunday banking area, especially public sector banks were in better…

Banks should adopt digitization to take government schemes to the needy: Nirmala Sitharaman

Finance Minister Nirmala Sitharaman said on Sunday that banks, including the private sector, should embrace digitization…

Stripe in discussions with bankers for public listing for 2022

Bandage Inc., digital payment According to people with knowledge of the matter, the company’s final value…

SBI and Bandhan Bank are planning to shift their back office vertical to Kolkata’s fintech hub

Banks want to spread their multiple back office verticals and processing centers and are planning to…

The burden of adopting technology, falling interest margins amidst falling rates affected the profits of ‘banks’

Lenders’ profitability is being impacted due to declining Net Interest Margin (NIM) due to falling rates…

Ujjivan Financial Services appoints Sanjeev Barnwal as Chief Executive Officer

On Thursday it said it has appointed Sanjeev Barnwal as its new Chief Executive Officer. The…

Banks’ NPAs look stable, manageable in June quarter; Need to reform IBC: RBI Governor Shaktikanta Das

Reserve Bank Governor Shaktikanta Das It said on Thursday that the stressed asset position “looks manageable”…

ICICI Lombard ceases to be a subsidiary of ICICI Bank after Bharti AXA merger

On Thursday, General Insurance said its subsidiary is no more as the bank’s stake has come…

Supreme Court stays NCDRC order on payment of Rs 30 lakh by HDFC Bank to customer

NS Supreme court On Thursday, the National Consumer Disputes Redressal Commission (NCDRC) stayed the decision of…

Securitization volumes of NBFCs up in Q1

securitization of loan asset By NBFC According to the rating firm, Q1 ‘2021-22 grew nearly 2.5…