Axis Bank partners with ITC to offer rural lending products to farmers in remote region
Axis Bank on Thursday announced its partnership with ITC Limited to offer the bank’s lending products and services to farmers...
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Enterprise
Indian banks’ gross NPAs likely to touch decadal low of sub-4 per cent by FY24: Study
Bad loans of Indian banks are expected to decline 90 basis points to less than five per cent in FY23...
Read moreBank of Baroda board approves 49 per cent stake divestment in BFSL
The Bank of Baroda board has approved up to 49 per cent divestment in subsidiary BoB Financial Solutions, the company...
Read moreAxis Bank completes buyout of Citi’s India consumer business
Axis Bank, India's fourth-biggest private-sector lender by market value, Wednesday said it has completed the acquisition of Citibank India's consumer...
Read moreSBI enters social loan market; raises $1 bln from overseas markets
State Bank of India on Tuesday said it has concluded a landmark USD 1 billion syndicated social loan, making it...
Read moreAxis Bank completes acquisition of Citibank’s India consumer business
Axis Bank Ltd said on Wednesday it has completed its acquisition of Citibank's India consumer and non-banking finance businesses. The...
Read moreReady to take over Reliance Home Finance by Mar 31: Authum tells SC
Authum Investments and Infrastructure (AII) on Monday told the Supreme Court that it was ready to implement the ₹2,887-crore resolution...
Read moreFirst time in many years, fixed deposit rates turn positive at 8%
As banks' chase for customers to collect cheap deposits is not fructifying, they are forced to offer inflation-beating real interest...
Read morePNB buries ghost of 2018 to fund lab diamonds
On a wintry morning in 2018, one of India's largest high-street lenders, Punjab National Bank (PNB), had woken up to...
Read moreAssets worth Rs 26,000 crore monetised in FY23: NITI Aayog
The government has monetised assets worth ₹26,000 crore during FY23 against the target of ₹1.6 lakh crore for the current...
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