PayU’s LazyPay, Kissht blocked after IT Ministry’s order
Digital lending platforms LazyPay and Kissht were impacted by the Ministry of Electronics and Information Technology’s (MeitY) latest move banning ...
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Tag: bfsi
NBFC-MFIs dominate microfinance market, says new report
The NBFC-MFIs (non banking finance company-micro finance institutions) group dominated the microfinance market with portfolio share of 35.1% as of ...
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Banks’ exposure to Adani group ‘insufficient’, face limited risk: Fitch
Indian banks' exposure to Adani group is "insufficient in itself" to pose a substantial risk to their credit profiles, Fitch ...
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Moody’s says bank exposure to Adani not large to affect credit quality
Indian banks' exposure to the Adani Group will not materially affect their credit quality since it is less than one ...
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Banking laws recast likely to protect bankers from Lokpal
India is eyeing a significant revamp of the banking laws that includes ring-fencing bankers from the Lokpal Act, stock options ...
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HSBC confident it can serve an aspirational India going global
With Citi India exiting India's retail segment, another foreign lender, HSBC, is firming up plans to grab a bigger share ...
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Don’t see loan exposure to Adani as an issue for SBI, says CreditSights
Research firm CreditSights on Tuesday said that it does not see the loan exposure to Adani Group stocks as an ...
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IL&FS to distribute Rs 3,200 crore to IFIN creditors
IL&FS Group has initiated its largest Interim Distribution pay-out till date - in IL&FS Financial Services Limited (IFIN), an IL&FS ...
Read moreBanks to face margin pressure next fiscal, net interest margin may fall by 10 basis points to 3.45%: Fitch
Banks will face margin pressure next fiscal as they increase the deposit rates to attract funds to support sustained high ...
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Banks want funds in dormant accounts taken as CRR
Banks have reached out to the Reserve Bank of India (RBI) with a suggestion to count funds in unclaimed deposits ...
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