Mashreq Global Network looks to ramp up India presence
Mashreq Global Network (MGN), a wholly owned subsidiary of Mashreq Bank, is looking to ramp up its presence in India. ...
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Tag: bfsi
PSBs to set up joint digital platform to connect with fintech companies
Public sector lenders including the State Bank of India will jointly set up a unified cloud-based digital platform to connect ...
Read moreBanks go big on financing green energy
Indian banks are warming up to financing renewable energy projects in line with the government's vision to become more climate ...
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Bank loans to services sector surpass credit to industries
Bank loans to the services sector have surpassed those to the industrial segment for the first time, establishing that the ...
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Indian Overseas Bank elevates Ajay Kumar Srivastava as its MD & CEO
Public sector Indian Overseas Bank has elevated Ajay Kumar Srivastava as its managing director and chief executive officer with effect ...
Read moreBanks open loan taps to top performers among smaller NBFCs
Bank lending to NBFCs rose 31% in September 2022. Rating agency India Ratings has said that with the sharp rise ...
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NBFCs turn to newer asset classes in quest for returns
Non-banking financial companies (NBFCs) have started realigning portfolio strategies for better risk-adjusted returns, with focus on unsecured loans and micro, ...
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Poonawalla Fincorp well capitalised to touch Rs 50,000 cr AUM in 5 years
Poonawalla Fincorp is aiming to build a loan book of ₹50,000 crore in the next five years, chairman Adar Poonawalla ...
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Financial services battle flight of talent to lucrative sectors
Attrition is accelerating in the financial services segment with the total departure of employees in the first nine months of ...
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Central Bank of India to raise up to Rs 1,500 crore this fiscal
State-owned Central Bank of India will raise up to Rs 1,500 crore this fiscal by issuing Basel III compliant bonds. ...
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