Finance


Technology Transformation For Central Banks

FinTech - Published date: .

Role of Central Banks is changing rapidly with need to regulate and supervise new areas like Cryptocurrencies, new payme... Read more

Franklin Templeton Unitholders To Get Rs 2,962 Cr In Second Tranche

Banking - Published date: .

SBI Funds Management (SBI MF) will distribute the next tranche of Rs 2,962 crore to unitholders of Franklin Templeton Mu... Read more

Ozan Welcomes Their New CEO To The Team

FinTech - Published date: .

We’re slowly heading to a final push towards a fully digital world where everything is done online. That includes payi... Read more

SBI Card Sees Over 50% Transaction From Online Payments, Says CEO

Banking - Published date: .

SBI Card has been seeing over 50% of its transactions via online payments such as on groceries, insurance premium, and h... Read more

CAIT Demands MSME Status Restoration For 8 Cr Traders From Service Industry

Banking - Published date: .

The Confederation of All India Traders (CAIT) has demanded restoration of MSME status taken away in 2017 from 8 crore re... Read more

Top 5 Ways Payment Systems Benefit From Blockchain Technology

FinTech - Published date: .

What started as a convenient way to move Bitcoin from one virtual account to another has evolved. Blockchain is now a di... Read more

BNP Paribas Cardif Offloads 5% Stake In SBI Life Via Open Market Sale

Banking - Published date: .

The French insurer held a 5.20 per cent stake in SBI Life before selling a major part of its stake in the company Read more

Reliance Home Finance Defaults On Rs 40 Cr Loan Repayment To P&S Bank

Banking - Published date: .

Reliance Home Finance Ltd (RHFL) on Saturday said it has defaulted on loan of over Rs 40 crore from Punjab & Sind Ba... Read more

LIC Housing Finance Disburses Rs 1,331 Cr Of Loans Via Mobile App

Banking - Published date: .

The firm has disbursed Rs 1,331 crore worth loans through its mobile banking app in the last one year Read more

Cross Industry Value Propositions In Financial Services

FinTech - Published date: .

As financial service providers are moving from product provisioning to needs servicing, we are increasingly witnessing e... Read more

Magma Fincorp To Seek Shareholders Nod For Rs 3,206 Cr Deal With Poonawalla

Banking - Published date: .

Magma Fincorp said it is holding an EGM next month to seek shareholders' approval to the preferential allotment of share... Read more

PNB Receives Loan Rejig Requests Of Only Rs 12,000 Crore, Says PNB MD

Banking - Published date: .

Restructuring sought for corporate loans has been worth Rs 9,000 crore Read more

India's Bad Loan Problem Is Worse Than What Official Numbers Show

Banking - Published date: .

Here's a look at the full extent of India's bad loan problem in selected financiers Read more

TechToPay Offers Advanced Risk Monitoring Technology For Its Merchants And Partners

FinTech - Published date: .

Risk management is the process of tracking and evaluating risk levels in a given organization. The results of the tracki... Read more

Incumbent Banks Need To Reinvent Not Re-engineer

FinTech - Published date: .

The top 10 organizations by market capitalization at the end of 2020, barring a few were very different then the organiz... Read more

Piramal Group Claims Its Bid For DHFL Highest And Compliant With Norms

Banking - Published date: .

Piramal Enterprises on Friday claimed that its bid for resolution of debt-ridden mortgage lender DHFL is highest and ful... Read more

India Can Beat China In Low-cost Manufacturing If Policies Allow: Bhargava

Banking - Published date: .

India has the capability to become a lower-cost producer than China if the industry and the government work together, Ma... Read more

Adani Rise Fuels Criticism Of Concentration Of Capital In Few Hands: Report

Banking - Published date: .

Gautam Adani's mushrooming empire has become a focus of criticism for those who believe that capital is being concentrat... Read more

ICICI Prudential Life Raises Rs 1,200 Crore Through Maiden NCD Sale

Banking - Published date: .

Leading private sector life insurer ICICI Prudential Life on Friday raised Rs 1,200 crore in debt capital through the sa... Read more

BPCL Puts Bina Refinery Expansion Plan On Hold Pending Privatisation

Banking - Published date: .

BPCL wanted to install a residue fluid catalytic cracker at the Mumbai refinery and connect the plant with a new site wh... Read more