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Paving the way for the takeover of PMC Bank, RBI has granted in-principle approval to Financial Services to set up a small finance bank
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Here's a round-up of this week's top personal finance stories on Money Matters
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Since the provisions of the corporate insolvency came into force on Dec 1, 2016, a total of 4,376 processes have commenced till the end of March 2021
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The transaction, indicative to be closed by September this year, will require approval from insurance sector regulator Irdai and banking regulator RBI
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The board of directors will consider the proposal for raising tier-II capital of up to Rs 500 crore at its meeting scheduled to be held on June 23
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Reverse mortgage loan is not a very popular product in India primarily due to low awareness about the product
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SBI news: SBI stated that during the pandemic, fraudsters are exploring newer and newer avenues on swindling people
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The move paves the way for Centrum Financial to takeover crisis-ridden Punjab and Maharashtra Cooperative Bank
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IDBI Bank intends to sell 6,23,23,800 equity shares, constituting approximately 19.18% of the total equity share capital of Asset Reconstruction Co.
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HDFC Bank said the refund will be credited to the customer's repayment bank account and asked customers to get in touch with it in the next 30 days