Tata Sons looks to shed its ‘Upper Layer NBFC’ tag
Tata Sons has been exploring the possibility of being exempted from a Reserve Bank of India (RBI) notification, issued in ...
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Tag: bfsi
UP seeing fast increase in new borrowers: Transunion Cibil
Credit penetration is fast increasing in historically under-banked regions. Uttar Pradesh has shown the strongest improvement in credit health with ...
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RBI OKs Hinduja hiking IndusInd Bank stake
The Reserve Bank of India (RBI) has given in-principle and conditional approval to IndusInd International Holdings Ltd, a Hinduja Group ...
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47.8 cr Jan Dhan accounts opened, says FM Sitharaman
As many as 47.8 crore Jan Dhan accounts have been opened so far, a scheme which was launched in 2014 ...
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Govt unveils new savings scheme for women with 7.5% fixed interest rate for 2 years
A 'Mahila Samman Saving Certificate' with a fixed interest rate of 7.5 per cent for two years was announced on ...
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Govt doubles deposit limit for Senior Citizen Savings Scheme to Rs 30 lakh
Finance Minister Nirmala Sitharaman on Wednesday proposed to double the deposit limit for Senior Citizen Savings Scheme to Rs 30 ...
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No bad news is good news; pvt capex will take one more year to revive: Bankers
Bankers welcomed Finance Minister Nirmala Sitharaman's budget proposals as being growth accretive, and hailed the focus on capital expenditure while ...
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RBI relaxes restrictions on SBM Bank India until March 15
The Reserve Bank on Tuesday relaxed the restrictions on SBM Bank (India) and allowed ATM/POS transactions under Liberalised Remittance Scheme ...
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Gold loan NBFCs seek ‘priority’ sector status
Gold loan non-banking finance companies (NBFCs) have sought 'priority' sector status for eligible gold loans, including microloans, loans to farmers ...
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Keeping a tab on development related to Adani Group: PNB MD
Punjab National Bank (PNB), which has about 7,000 crore of exposure to Adani Group entities, said that it is not ...
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