loans


BoB Board Approves Setting Off Losses Against Share Premium Account

Banking - Published date: .

For fiscal year 2020-21, the bank reported a net profit of Rs 828.95 crore, up 52 per cent from Rs 546.18 crore a year a... Read more

IndusInd Bank Plans To Raise Climate Financing To 3.5% In Two Years

Banking - Published date: .

Private sector IndusInd Bank on Saturday said it will reduce carbon emissions to 50 per cent in next four years and rais... Read more

Punjab National Bank Eyes Three-fold Rise In Profit In Fiscal 2022

Banking - Published date: .

Despite Covid-19, the bank's profit surged over five times during the financial year ended March 2021 Read more

PNB To Transfer Bad Loans Worth Rs 8,000 Crore To NARCL

Banking - Published date: .

In current quarter, the bank expects substantial recovery from DHFL, although there are some issues lingering in NCLAT, ... Read more

Canara Bank Gets Board Approval To Raise Up To Rs 9,000 Cr In FY22

Banking - Published date: .

Stock of Canara Bank closed at Rs 161.85 apiece on the BSE, up by 5.37 per cent. Read more

Axis Bank Awaits Nod To Reclassify 3 Promoters As Public Shareholders

Banking - Published date: .

United India Insurance Company, National Insurance Company and New India Assurance Company will be reclassified as publi... Read more

Mumbai Angels Back Cloud-based Neobank Nemo With Undisclosed Funding Amount

Banking - Published date: .

A brainchild of IIM Ahmedabad alumni, Nemo is creating a unique business that aims to empower Indian MSMEs with the fina... Read more

The Top Five European Companies Shaking Up Fintech.

FinTech - Published date: .

2020 swept in like a tornado, turning every business prediction on its head. We might still be reeling but it’s now cl... Read more

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

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

Private Lender Yes Bank Targets Startup Sector, Ties-up With GVFL

Banking - Published date: .

To broaden its services for the start-up sector, the lender Yes Bank has tied-up with GVFL Limited. Read more

Individual Loan Business Continues To Improve In January-March: HDFC

Banking - Published date: .

Loans worth Rs 7,503 crore were assigned to its banking subsidiary. 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

SBI Payments To Launch YONO Merchant App For Low-cost Payments

Banking - Published date: .

SBI Payments is a subsidiary of India's largest lender State Bank of India 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

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

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

DHFL Resolution: Piramal Claims Its Offer To FD Holders Better Than Oaktree

Banking - Published date: .

Piramal Enterprises claimed that its bid provides better offer to over 55,000 retail fixed deposit holders of the debt-r... 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