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Federal Bank’s Republic Day Gift!
Federal Bank has hiked interest rates to as much as 8.25 per cent on fixed deposits of 500 days.
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Bull run continues in market
Sensex continues bull run; FIIs buying at 10-month high levels in June’23; BSE announces July 6 meet to mull buyback; Banking sector seeing uptick i
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Major headwinds are persisting for banking sector
Various activities are effectively capex but in accounting terms, some of these activities are considered just as an expense while other are qualitati
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Young first-time borrowers drive the growth of personal loan segment
The personal loans have grown by around 2.3 times in value and 3.8 times by volume.
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MFIs face high financial stress build up amid Covid-19: Report
Non-performing assets (NPAs) have gone up by 8-14% as compared to pre-Covid times for microfinance institutions
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Women save more money than men in Jan Dhan Yojana accounts: Report
The report also calls upon the banks to segregate the data pertaining to Jan Dhan Account in accordance with gender.
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Pressure on retail banking increases amid Covid-19 pandemic
As of March 2021, retail loans were about 29% of the total outstanding across the banks
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RBI cancels licence of Bhagyodaya Friends Urban Co-operative Bank
RBI said the lender does not have adequate capital and earning prospects and as such, it does not comply with the various provisions of the Banking Re
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Stay away from crony lending, focus on high-quality loans: CEA K V Subramanian tells financial institutions
It is extremely critical that the financial sector owns up the responsibility of doing high-quality lending, especially on the infrastructure side, K
