CreditAccess Grameen signs a $200 million external commercial borrowing deal
India's largest NBFC-MFI CreditAccess Grameen has inked a $200 million external commercial borrowing deal with foreign banks and overseas branches ...
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Tag: bfsi
SIDBI’s net income jumps 71 pc to Rs 3,344 crore in FY23
The Small Industries Development Bank of India (SIDBI) on Tuesday said its net income jumped 71 per cent on-year to ...
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RBI relaxes restrictions on HDFC Credila regarding on-boarding of new customers
Housing Development Finance Corporation (HDFC) on Tuesday said the Reserve Bank of India has relaxed restrictions on its education finance ...
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HDFC-HDFC bank merger likely to be effective July 1
The merger of HDFC Corp with the country's largest private lender HDFC Bank will likely take effect July 1, chairman ...
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RBI in talks with leading global peers to promote digital rupee payments
The Reserve Bank of India (RBI) is in talks with other major global central banks to promote digital rupee for ...
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ICICI Prudential gets notice for alleged GST liability of Rs 492 crore
A central agency tasked with preventing the leakage of Goods and Services Tax (GST) revenue has completed its probe into ...
Read moreS&P raises assessment of Indian banking sector on “strong recovery”
S&P Global Ratings on Tuesday raised its assessment of India's banking sector, citing a "strong recovery" underway in the Indian ...
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Banks told to push foreign trade in Rupee
Banks are being nudged to popularise the settlement of cross-border trade in rupee. While many businesses - driven by commercial ...
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RBI penalises J&K Bank, Bank of Maharashtra, Axis Bank
The Central Bank on Friday imposed a penalty of Rs 2.5 crore on Jammu and Kashmir Bank for non-compliance with ...
Read moreBanks may give up rights to revive housing projects
Many high-street banks will give up their first claims over assets and cash flow in favour of new financiers who ...
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