IL&FS probe: PMLA court grants bail to ABG Shipyard chairman Rishi Aggarwal, wife
A special prevention of money laundering act (PMLA) court on Thursday granted bail to ABG Shipyard chairman, Rishi Agarwal and ...
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Tag: bfsi
Bank of Baroda, Indian Overseas Bank hike lending rates; SBI also nudges up its deposit rates
Bank of Baroda and Indian Overseas Bank have increased their marginal cost of fund-based lending rates (MCLR), following a hike ...
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SBI hikes MCLR-based lending rates by 10 bps
The nation's largest lender State Bank of India on Wednesday marginally increased the short-term lending rates across overnight to three ...
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Jammu and Kashmir Bank likely to sell Rs 303 crore KSK Mahanadi Power debt to ASREC
Jammu and Kashmir Bank is likely to sell its ₹303 crore KSK Mahanadi Power debt to ASREC (India) Pvt Ltd, ...
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RBI greenlights 32 companies’ applications to operate as online payment aggregators
The Reserve Bank of India on Wednesday said that it has granted in-principle approval to 32 payment aggregators including Amazon ...
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Several banks open special vostro accounts for trade in rupee, more countries expressing interest
Several banks, including HDFC Bank and UCO Bank, have opened special vostro accounts to facilitate overseas trade in the rupee ...
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In a first for India, Paytm Payments Bank launches UPI LITE feature
Paytm Payments Bank Limited (PPBL) on Wednesday went live with its UPI LITE, a feature enabled by National Payments Corporation ...
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Goldman Sachs leads India fintech funding while deals dry up
Indian fintech startup InsuranceDekho raised $150 million from a clutch of investors led by Goldman Sachs Asset Management, an unusually ...
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Payment aggregators acting as loan service providers cannot handle funds between the lender and the borrower
The Reserve Bank of India in a set of FAQs on digital lending guidelines has clarified that payment aggregators acting ...
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ICICI Bank signs MoU with European bank BNP Paribas
ICICI Bank on Tuesday signed a Memorandum of Understanding (MoU) with a European bank BNP Paribas in order to cater ...
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