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What you need to know about BNPL?
BNPL or Buy Now Pay Later, is a method of payment that allows you to purchase without having to pay immediately
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SBI posts consolidated net profit of Rs 8,890 crore
The bank's net profit on a standalone basis increased by 67% to Rs 6,504 crore as compared to Rs 4,574.16 crore
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Banks looking for a common social, climate framework
Last month, SBI had said the bank was also in the process of identifying climate risks that have the potential to generate a substantive business
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Banks sanction loans worth Rs 63,574 crore through credit outreach programme
The programme was aimed at improving access to funds during the festive season
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Fear of prosecution haunts bankers again after Chaudhuri’s arrest
Loan sanctioning and debt recovery may move at slow pace now
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PSBs told to revise staff accountability norms for NPAs
The guidelines will be implemented from April 2022 for bad loans on or after April 1 that year.
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Two sides of the loan coin
The offtake of credit by industry presents reason for worry simply since credit indicates capex that can generate jobs for sustainable growth.
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Housing, auto loans drive credit growth in September
Lending to major businesses witness sluggish demand
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Fixed deposits: These two banks have revised rates
Fixed deposits: Kotak Mahindra Bank and Fincare Small Finance Bank have recently revised interest rates on FDs.
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RBI eases rules on opening current account
RBI’s decision will help small businesses with bank exposure of less than Rs 5 crore
