Mumbai, May 27 -- Life Insurance Corporation of India's board will decide on the proposed stake purchase in a health insurer in the next two to three months. "The discussion is almost at a final stag... Read More
Mumbai, May 27 -- India's decision to establish a new regulatory board with government representation reflects the desire to manage and control the critical digital public infrastructure, including th... Read More
Mumbai, May 22 -- Public sector banks have been gaining market share over their private sector peers in mortgage or home loans, thanks to an aggressive push in tier-3 cities and beyond, and as private... Read More
New Delhi, May 20 -- Banks, non-bank lenders and financial institutions may get to invest up to 10% in the corpus of alternate investment fund (AIF) schemes, in a relief for the sector that faced a ce... Read More
Mumbai, May 14 -- After grappling with slower growth and elevated non-performing assets (NPAs) in its commercial loan portfolio, PNB Housing Finance is shifting its focus to profitability and margin m... Read More
New Delhi, May 10 -- The Reserve Bank of India on 8 May issued consolidated 'digital lending directions' with two new sets of instructions-one for arrangements by digital lenders or lending service pr... Read More
Mumbai, May 9 -- India's leading banks have written off much higher value of loans in the previous fiscal (FY25) as well as in the last quarter of the fiscal compared to FY24. These write-offs have he... Read More
New Delhi, May 9 -- Mumbai: India's leading banks have written off much higher value of loans in the previous fiscal (FY25) as well as in the last quarter of the fiscal compared to FY24. These write-o... Read More
mumbai, May 9 -- India's leading banks have written off much higher value of loans in the previous fiscal year (FY25) as well as in the last quarter of the fiscal compared to FY24. These write-offs ha... Read More
Mumbai, May 6 -- Pressure on Bank of Baroda's margins will continue during the ongoing and second quarters of 2025-26 as the cost of deposits continues to reprice with a lag, according to managing dir... Read More