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NACH auto-debit bounce rate declines marginally in July
The auto-debit bounce rate marginally decreased after remaining high for the previous three months.
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BoM tops PSU banks chart in terms of loan
Current Account Savings Account (CASA) for BoM saw 22% rise, the highest among the public sector lenders, during the quarter.
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Bankers expect revival of corporate loans amid debt slashes
According to the latest data from the central bank, chunky industrial loans which make up about 30% of nonfood credit, have witnessed lukewarm demand
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Bank credit grows 6.11% in fortnight ended July 30: RBI
Bank advances stood at Rs 102.82 lakh crore and deposits at Rs 141.61 lakh crore in the fortnight ended July 31
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Airtel Payments Bank turns profitable in July: CEO
In a communication to the employees, Anubrata Biswas has said over the last four years, the bank has grown rapidly, doubling every 18 months
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ATM operators wary of RBI’s cash-out penalty
RBI circular that was sent out earlier this week stated that banks should undertake the task of monitoring the availability of cash in ATMs.
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RBI issues draft proposals to liberalise overseas investments norms
The Reserve Bank has sought comments and feedback from stakeholders on the two drafts by August 23, 2021
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Satin Creditcare Network posts Q1 net loss of Rs 81 crore
Net interest income (NII) in June quarter increased to Rs 180 crore from Rs 152 crore in the year-ago period
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Urban cooperative banks may soon see an overhaul in regulations, management
The BoM would have specialists drawn from accountancy, agriculture and rural economy, banking, cooperation, economics, finance, etc.
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Nothing alarming about rise in MSME bad loans: RBI
The stress level among small business borrowers is not very high, says RBI Deputy Governor Mukesh Jain
