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Banks sanction Rs 1.35 lakh cr concessional loans to 1.5 cr KCC card holder farmers

NEW DELHI: The Finance Ministry on Thursday mentioned banks have coated 1.5 crore farmers below the Kisan Credit Card (KCC) scheme to sanction credit...

Tata Housing provides mounted house mortgage charges for patrons for one yr

New Delhi: Tata Housing on Monday introduced a scheme below which homebuyers must pay a flat 3.99 per cent rate of interest on house...

Vineet Nayyar resigns from IL&FS board on medical grounds

MUMBAI: The board of IL&FS Group on Monday introduced the resignation of Vineet Nayyar because the Executive Vice Chairman. Nayyar, has requested the board...

India should not neglect financial institution recapitalisation regardless of pandemic, says Viral Acharya

MUMBAI: India is neglecting financial institution recapitalisation because it focuses on debt moratoriums and curiosity waivers for debtors amid the COVID-19 pandemic, a former...

Fino Payments Bank so as to add 300 extra factors at BPCL shops in Tamil Nadu

Coimbatore: Fino Payments Bank is planning so as to add one other 300 factors at BPCL shops to its current 1,075 in Tamil Nadu,...

Bank of Baroda, Accenture full know-how integration of former Vijaya Bank’s branches

BENGALURU: Accenture and Bank of Baroda have efficiently accomplished the know-how integration of the previous Vijaya Banks branches with Bank of Baroda a part...

DIVERSIFICATION THROUGH ASSET ALLOCATION

Diversification by means of asset allocation Whenever we consider saving or investing our surplus cash, what are the choices now we have? Bank...

Adani Group, Piramal amongst 4 bidders for DHFL, lenders stare at over Rs 60,000 crore write-off

New Delhi: Adani Group and Piramal Enterprises are among the many 4 entities which have positioned bids for DHFL, the primary monetary providers participant...

Women beneficiaries comprise most variety of a/c holders beneath PMJDY at 55%

New Delhi: More than half of financial institution accounts beneath the Pradhan Mantri Jan-Dhan Yojana (PMJDY) are held by girls beneficiaries, in accordance with...

Shriram Housing Finance 50-60% enhance in mortgage disbursement in FY21

Mumbai: Mortgage lender Shriram Housing Finance is round 50-60 per cent enhance in mortgage disbursement to Rs 1,800 crore within the present monetary...

Higher NPAs hinder financial coverage transmission: RBI paper

MUMBAI: High incidence of non-performing property (NPAs) in banks acts as a significant roadblock in transmission of financial coverage actions of the Reserve Bank,...

Retail cheque funds right down to a trickle in FY20 to 2.96%: RBI information

Mumbai: The aggressive push to a digital funds and settlement system has paid wealthy dividend to the Reserve Bank because the share of paper...
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