Muthoottu Mini Financiers introduces Safe lock Gold Loan facility
Gold loan NBFC Muthoottu Mini Financiers has introduced Safe lock Gold Loan facility that enables customers to avail the benefits...
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BFSI
Indian financial regulators may rebuff Europe demands: Sources
Indian financial market regulators are unlikely to provide their European counterpart supervisory and auditing powers over domestic clearing corporations and...
Read moreCentral bank digital currency could end RBI-ESMA row
The deadlock between the Reserve Bank of India (RBI) and the European Securities and Market Authority (ESMA) over the inspection...
Read moreRBI, CCIL urge Japan to drop inspection clause
The tussle between Indian financial market regulators and their peers in developed countries over ‘extra-territorial jurisdictions’ is playing out on...
Read moreNARCL withdraws offer to acquire GTL
National Asset Reconstruction Company of India (NARCL), the bad bank promoted by the government, has withdrawn its offer to acquire...
Read moreRajnish Khare joins Union Bank of India as Chief Digital Officer
Rajnish Khare has joined as the new Chief Digital Officer (CDO) of Union Bank of India. Khare joined the bank on November...
Read moreLife insurers register 15 pc rise in new biz premium at Rs 24,916 cr in October
The new business premium income of India's life insurance companies rose by 15.3 per cent to Rs 24,916.58 crore in...
Read moreMotilal Oswal Alternates plans to raise Rs 2,000 crore via sixth realty fund
Motilal Oswal Alternates, the alternative investments arm of Motilal Oswal Group, is planning to raise over Rs 2,000 crore through...
Read moreMFIs faced up to a 10% credit loss in FY21 and FY22 due to the pandemic
During the two years of the pandemic, microlenders experienced credit losses of up to 10%, but things are improving lately,...
Read moreSIDBI likely to revamp microfinance equity fund scheme
The Small Industries Development Bank of India may revamp the microfinance equity fund scheme to support the small and medium...
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