Category: Finance

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Guest post service is a powerful strategy to enhance your website's organic reach.

Curbs on PMC Bank to continue till December, says RBI

On June 18, the regulator gave CFS an in-principle nod to set up a small finance bank (SFB), saying the approval had been given sp...

Will stay focused on recovering stressed assets in FY22...

Despite Covid-19, the total recovery from advances under collection accounts (AUCA) rose 10% at Rs 10,297 crore in FY21, compared ...

All PSBs, REC to buy stakes in bad bank; Indian Banks’ ...

Not just large lenders but all public-sector banks (PSBs), barring Punjab & Sind Bank, have evinced interest in picking up sta...

Maharashtra State Cooperative Bank reports Rs 369-crore...

The bank’s total income dropped 30% to Rs 2,427 crore, from Rs 3,485 crore. The bank had made provision of Rs 1,012 crore towards ...

HDFC Bank CEO Sashidhar Jagdishan identifies 5 key busi...

During FY21, the net profit of the bank increased by 18.5% year-on-year (y-o-y) to Rs 31,116.5 crore and balance sheet size grew b...

RBI issues norms for dividend distribution by NBFCs

The guidelines also prescribe ceilings on dividend payout ratios for NBFCs. The maximum dividend payout ratio could be 60% for an ...

Pandemic won’t deliver a big shock to banking system: P...

He said as the government was opening up more and more avenues for private investments. The booming stock markets could be a sourc...

Vijay Mallya & PNB cases: ED transfers Rs 9,371-crore a...

Also, this law provides for the attachment of all the assets of the offenders, irrespective of whether these are the proceeds of c...