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Latest Articles in Banking Finance

ICICI Bank Launches Money2World Platform With New Digital Facilities

Users of ‘Money2World’ can remit funds to 21 currencies for a host of purposes including education, maintenance of close relatives, gift and travel

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CBI Brings Arrested Builder Avinash Bhosale To Delhi For Questioning In Yes Bank Scam Case

The loans sanctioned to Radius Group concerns were siphoned off and became NPA in the books of DHFL with an outstanding liability of Rs 2130 crore, the CBI has alleged

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Indian Overseas Bank Inaugurates Its 49th Regional Office At Mysuru

The office was inaugurated by the bank’s MD & CEO, Partha Pratim Sengupta. Executive Director, Srimathy was also present at the function

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PNB Raises Benchmark Lending Rate By 0.15%; EMIs To Go Up

State-owned PNB raised its marginal cost of funds-based lending rate by 15 basis points or 0.15 per cent across all tenures, a move that will lead to an increase in EMIs for borrowers

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How Is The Interest Rate Hike Going To Affect Your Home Loans? Answers Andromeda

Andromedaloans.com is India's largest distributor of personal loan, home loan, business loan and loans against property

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World Bank To Disburse $700 Mn To Lanka, Re-purpose Existing Loans: Report

Sri Lanka is nearing bankruptcy and has severe shortages of essentials from food, fuel, medicines and cooking gas

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India Cenbank: Banks Need To Arrest Repayment Slippages, Support Credit Growth

With the unwinding of support measures, some restructured accounts might face solvency concerns, with the impact on banks' balance sheets becoming clearer in the upcoming quarters

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Muthoot Finance Reports 6% PAT Growth YoY

Muthoot Finance's consolidated loan assets under management grew 11 per cent YoY to Rs 64,494 crore as at FY22

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Structural Reforms Essential For Sustained, Balanced, Inclusive Growth: RBI

"The inflation trajectory going forward is subject to considerable uncertainty and would primarily depend on the evolving geopolitical situation," the report said

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PayNearby Extends Digital Payment, Banking Services To China And Pak borders

PayNearby has enabled QR codes and Micro ATMs at local shops to upgrade their shops and make them digital-savvy to cater to both locals and tourists

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MUFG Receives Approval To Open GIFT Branch In India

The government has rolled out tax incentives, such as a zero withholding tax and a 10 year corporate tax holiday

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RBI Reduces Net-worth Requirement For Non-bank Bharat Bill Payment Units

Bharat Bill Payment System (BBPS) is an interoperable platform for bill payments and the scope and coverage of BBPS extend to all categories of billers who raise recurring bills

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Govt Committed To Privatisation Of Two Public Sector Banks: Report

According to sources, Central Bank of India and Indian Overseas Bank are likely candidates for privatisation

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