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RBI fines Axis, Mannapuram for flouting rules
The fine has been imposed for non-compliance with certain directions issued by the RBI on KYC, 'Loans and Advances – Statutory and Other Restriction
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Bajaj Fin asked to stop two digital lending schemes
RBI has taken this step as the company was found to be not adhering to set guidelines by the
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UCO Bank IMPS hit by tech glitches
The state-owned UCO Bank has suspended its Immediate Payment Service (IMPS) due to some technical glitches. The financial impact due to this is yet to
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Micro lending set to cross Rs 13 lakh cr in FY24
This year’s report besides microfinance also covers macro-economic context and broader progress under financial inclusion
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Pre-approval vs pre-qualification loan
For many, owning a home is a lifetime dream. To turn it into reality, most people rely on home loans for finance.
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HDFC Bank raises lending rates by 0.05%
India’s biggest private sector bank HDFC Bank has raised its lending rates by a marginal 0.05 per cent across select loan tenors. The lenderR
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SBI not worried over unsecured loans
Chairman Dinesh Khara said the loan book of unsecured loans in the bank is better than that of secured loans
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RBI fines PNB, Federal Bank!
The penalty on Punjab National Bank has been imposed for non-compliance with certain provisions related to 'interest rate on advances' and 'customer s
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Q2 growth could surprise everyone: Das
According to Das, the growth momentum in the economy continues to be strong, and that the GDP number for the second quarter will surprise everyone on
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Niti to identify sectors for excellence
The Aayog is selecting the sectors along with their export potential which will lead it to recommend appropriate strategies
