PNB withdraws divestment process in Canara HSBC Life Insurance
Punjab National Bank (PNB) on Wednesday announced that it will discontinue the process of divestment in associate company Canara HSBC ...
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Tag: bfsi
Personal loans account for 96% of all fintech lendings, mostly below Rs 5,000: Report
Despite facing regulatory challenges, fintech lenders continue to expand the credit penetration with loan disbursements growing more than 60% in ...
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SBI 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 ...
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Indian banks unprepared for RBI’s ESG push, survey shows
Indian banks are not prepared to adopt environmental, social and governance (ESG) norms as part of their lending models due ...
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Axis 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 ...
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Capital infusion of Rs 3,000 crore likely in three General Insurers
New Delhi: The government has started a fresh assessment of the capital needs of the three general insurers to help ...
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Ready 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 ...
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First 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 ...
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Assets 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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