Shriram Capital elevates Subhasri as MD & CEO Subhasri, who began her career as an officer in Shriram Group in 1991, currently serves as the joint MD of… By FE BureauAugust 29, 2024 01:00 IST
Paytm gets Finance Ministry nod for ‘downstream investment’ in Paytm Payments Services With this approval in place, PPSL will proceed to resubmit application for its payment aggregator license. By FE BusinessAugust 28, 2024 18:34 IST
Bank Holidays September 2024: Banks to remain closed for 12 days in September 2024; Check the full list of bank holidays here List of Bank Holidays in September 2024: September includes festivals like Ganesh Chaturthi, Onam, and Id-e Milad. During this month,… By Tanya KrishnaAugust 28, 2024 18:08 IST
Challenges await Setty as he takes charge of SBI With deposit growth trailing the credit growth, banks are struggling to mobilise funds from depositors. By Sachin KumarAugust 27, 2024 21:42 IST
SEBI Settlement: CDSL and Citibank N.A. pay up to resolve regulatory issues CDSL paid Rs 1.3 crore, while Citibank N.A. settled its case with a payment of Rs 40.2 lakh. By FE BusinessUpdated: August 27, 2024 21:38 IST
Will expand market: Digital lenders hail launch of ULI Many individuals in these areas are financially active and have credit histories, but their records are not in the form… By Sachin KumarAugust 26, 2024 22:29 IST
Small finance banks to post advances growth by 25-27% this fiscal; segmental, geographical expansion to drive growth SFBs are likely to explore alternative, non-deposit avenues to fund credit growth, amid challenges in mobilizing deposits and their higher… By FE BusinessAugust 26, 2024 16:13 IST
Good news for banking! Kotak gives a green flag for India Inc, says no fresh signs of stress Kotak Institutional Equities said that corporate India continues to be in a healthy shape, with no fresh signs of stress… By Tanya KrishnaAugust 26, 2024 14:32 IST
Bank Holidays in India 2024: Will banks stay shut on Aug 26? Here is a list of bank holidays in August Bank Holidays August 2024: During August, banks remained closed for a total of 13 days due to occasions and festivals… By Tanya KrishnaAugust 26, 2024 10:48 IST
B2C e-comm funding soars 200% to $1.6 billion in Q2 Analysts attribute this surge in fundraise by some of the bigger players such as Zepto during the June quarter, rapid… By Padmini DhruvarajUpdated: August 26, 2024 07:36 IST
‘India’s inflation may already be at 4%’: Ashima Goyal, external member, MPC Inflation is poorly measured in India as well as in any country since technology is changing consumption baskets rapidly, says… By Sachin KumarAugust 26, 2024 00:40 IST
‘It is perhaps best that policy stance be scrapped altogether’: Jayanth Varma, external member, MPC I think India has sufficient monetary autonomy to formulate its monetary policy based on domestic macroeconomic considerations, says Varma. By Sachin KumarAugust 25, 2024 21:13 IST
VRRR auctions get lukewarm response from banks Liquidity surplus has fallen in the current month as the central bank has increased the pace of VRRR auctions to… By Sachin KumarAugust 24, 2024 02:00 IST
Lead time for insolvency resolution increases It takes an average of 680 days to complete the process. By Priyansh VermaAugust 24, 2024 01:15 IST
RBI streamlines payments, allows instant auto top-ups for FASTag and NCMC These top-ups, which occur on a recurring basis but without a set schedule, will now be managed under the e-mandate… By FE OnlineAugust 22, 2024 20:24 IST
Navigating the Dynamics of the Evolving Mutual Fund Industry The Indian mutual fund industry, with assets growing exponentially to Rs 57.26 lakh crore, is on track to reach Rs… By GuestAugust 22, 2024 12:09 IST
Bank credit to NBFCs falls to two-year low in June Growth in the banks’ loan to NBFCs declined to a two-year low of 8.5% in June, down from 36% in… By Sachin KumarUpdated: August 22, 2024 08:02 IST
NBFCs growth to moderate to 13-15% in FY25, says ICRA The NBFC sector will require around Rs 5.6-6 trillion funds in the current fiscal year to meet the AUM growth… By FE BureauAugust 22, 2024 04:00 IST
Senior citizens with an annual income of Rs 10 lakh: Which income tax regime will help you save more?
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