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Banking

NBFCs face renewed asset quality risks amid second COVID wave: Fitch Ratings
The rating agency further said that an increase in the rate of infections and broadening of social distancing restrictions pose downside risks to its 12.8% growth projection for the current fiscal
Here’s all you need to know about one-time password
OTP systems provide a mechanism for logging on to a network or service using a unique password
RBI says no need for loan moratoriums at present
The RBI governor said businesses, particularly the private sector ones, are better prepared today to deal with the situation and to continue with their activities
Local lockdowns: RBI says no need for loan moratoriums at present
RBI governor Shaktikanta Das said businesses, particularly the private sector ones, are better prepared today to deal with the situation and to continue with their activities
Banks sanction Rs 15 lakh crore under Mudra Yojana in last six years
The Finance Ministry said that 4.20 crore PMMY loans were sanctioned in 2020-21, and Rs 2.66 lakh crore was allocated in 2020-21 as on March 19, 2021
Are you a payments bank customer? There is an important update for you
Payments banks were launched to provide banking services to the under-served population who who lack banking access
Have you checked out these exciting offers from ICICI Bank & SBI Bank?
If you buy any Lenovo product, a 5% extra discount through MASTEROFFER promo code will be given to ICICI Bank customers
Know what is video KYC and how it it done
Video KYC essentially allows customers to participate in the KYC process over a video call
Personal loans: A look at what the top-10 banks are offering
A personal loan is a short to medium-term loan that bridges the funding requirement that enables you to meet unexpected expenses
SBI cautions customers against online FD fraud; advises not to share bank details
It is strongly recommended that customers don’t share their card details, banking passwords or OTPs with anyone

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