Banks seek immunity for board members, suggest NaBFID-like shield against arrests
Banks have asked the government for protection against the arbitrary arrest of board members for commercial decisions such as the...
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BFSI
Insurers want NPS tax exemption for their pension schemes, too
The insurance industry is seeking a level-playing field with the National Pension System (NPS) with a tax exemption for annuity...
Read moreJapan’s Credit Saison Company invests Rs 540 crore in its wholly owned Indian subsidiary
Japan’s leading financial services player Credit Saison Company invested Rs 540 crore in its wholly owned local subsidiary, Credit Saison...
Read moreDigital economy push offers hope for multiple players: Mastercard
India's push towards expanding the digital economy offers room for multiple players to grow in the payments ecosystem, said Michael...
Read moreSecuritisation soars 42% to Rs 1.15 lakh crore till December quarter this fiscal, says Crisil
Driven by a 20 per cent rise in the number of originators to 120, securitisation volume jumped 42 per cent...
Read moreWarehousing Development Regulatory Authority signs pact with SBI
Warehousing Development Regulatory Authority (WDRA) has signed a memorandum of understanding with State Bank of India to help farmers in...
Read moreRBI tweaks norms related to share acquisition in banks
India's central bank, the Reserve Bank of India, on Monday tweaked norms related to acquiring shares in banks in a...
Read moreRBI’s new proposal on loan loss provisions to raise bank capital needs
The Indian central bank's discussion paper suggesting banks make provisions on bad loans using an expected credit loss (ECL) method...
Read morePaytm Payments Bank gets final RBI nod to operate as Bharat Bill Payment Operating Unit
Paytm Payments Bank on Monday said it has received final approval from the Reserve Bank of India to operate as...
Read moreIndian Bank expands digital offerings under ‘Project WAVE’ initiative
Public sector Indian Bank has stepped up its offerings on its digital transformation initiative 'Project WAVE' with the launch of...
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