Banks request RBI for more time for new loan provisioning system
Banks have requested the RBI for one more year's time to implement the system of Expected Credit Loss (ECL) for ...
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Tag: bfsi
Banks play safe on lending to airlines after Go Air bump
Indian airlines may find it harder to take loans as banks have become cautious to lend to the sector after ...
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PSU banks raising stakes in interest rate derivatives to diversify risk management
Mumbai: The Reserve Bank of India has often exhorted banks to utilise the domestic derivatives infrastructure to mitigate risk from ...
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Govt panel may ready new list of public sector banks for privatisation
New Delhi: The government may set up a panel to draw up a fresh list of public sector banks that ...
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RuPay is live on CVV-less Payments for Tokenized Cards
RuPay, India’s own homegrown card network serving millions of Indians across every nook and corner, is driven by the idea ...
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Poll freebies to hurt long-term growth, say experts
The freebies promised by the Congress party that swept the Karnataka polls could spur competitive populism in the build-up to ...
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Asset reconstruction companies seek easier settlement guidelines for small loans
Asset reconstruction companies (ARCs) are asking the Reserve Bank of India (RBI) to review the recently prescribed norm that requires ...
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Creditors’ recovery via IBC surges to 36% of admitted claims in FY23
Financial creditors’ recovery from defaulters surged to 36% of admitted claims in FY23 from 23% in the previous fiscal and ...
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ESMA tones down CCIL stand in draft to RBI
The European Securities and Markets Authority (ESMA) has proposed less-stringent rules on inspecting and penalising Indian financial market institutions such ...
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PhonePe will likely go for an India listing, says Walmart CEO Doug McMillon
Walmart president and chief executive officer Doug McMillon has said the performance of its payments company PhonePe has seen a ...
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