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Housing experts said the housing markets should continue to respond well to lower home loan rates, stamp duty reduction, and other rebates.

Govt Appoints S Ramann As SIDBI Chairman & Managing Director

Banks Board Bureau, the headhunter for state-owned banks and financial institutions, had recommended his name for the post.

Local Lockdowns: RBI Says No Need For Loan Moratoriums At Present

Das reiterated his comments made last week, expressing hope that the current rise in infections will not lead to an impact on economic growth, stating that factories are functional, vaccination is on and people are better prepared to deal with COVID-19 at present.

Banks Sanction Rs 15 Lakh Crore Under Mudra Yojana In Last 6 Years

Ministry of Finance is committed to provide financial inclusiveness and support to the marginalized and hitherto socio-economically neglected classes.

RBI Keeps Interests Rates Unchanged

The central bank kept the benchmark repurchase rate unchanged at 4 per cent and maintained accommodative policy stance to support growth.

HC Allows China's ByteDance To Operate Indian Bank Accounts

ByteDance approached the HC last month denying all tax evasion allegations and seeking various reliefs, including challenging the provisional attachment order for freezing of its bank accounts in India.

RBI Targets 5.2% Retail Inflation For First Half Of FY22

Reserve Bank of India (RBI) has kept the key repo rate unchanged at 4 per cent to support growth in the current situation.

RBL Bank Targets More SME Borrowers After Tie-Up With UK-Based Biz Solutions Provider Tide

The gross advances were up by 2 per cent y-o-y at Rs 60,012 crore compared to Rs 58,966 crore a year ago.

Indian Outsourcing Has Outshone World In Pandemic; Bofa Added 3k Jobs: Official

The global presence of the bank gave it a lead because, by the time the lockdowns happened in India, it had processes in place on how to operate

Prest Loans Engages Mr. Rajeev Kishore Dubey (Ex CMD-Canara Bank) As Strategic Advisor On Its Advisory Board

Prest Loans is a tech enabled digital NBFC focusing on small businesses and MSME lending. The company has witnessed robust growth in last 4 years building a mixed portfolio of secured and unsecured MSME loans.

After Long Wait, Max Group Sells 13% Stake In Life Insurer Max Life To Axis Bank

The total premium generated through this alliance has aggregated to over Rs 40,000 crore, as per the release. The alliance contributed over 55 per cent of its total sales of Rs 84,724 crore as of December 2020.

RBL Bank Gross Advances Up 5 % At Rs 60,012 Cr As Of Mar'21

Total deposits were up by 9 per cent to Rs 73,123 crore in the period under review, as against Rs 57,812 crore a year ago.

SBI Card Brings Back Former CEO Tewari As Board Director