Pragatti Oberoi
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Mahindra Finance To Focus On Affordable Housing As Rural Business Takes A Hit
The ambition is to take its book from the current Rs 7,000–8,000 crore to Rs 20,000 crore in the next three years, Iyer said
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MPC Meeting 2024: RBI Wary Of Growth In Top-Up Loans By Lenders
RBI Governor Das added that such practices of dolling out top-up loans lead to funds being deployed for speculative purposes.
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Pine Labs Launches UPISetu For All Merchant UPI Payments
The product, which has been launched by Setu, has been done in partnership with Axis Bank Ltd. and would aid all forms of UPI payments, even for businesses and developers.
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CS Setty To Take Charge As SBI Chairman From Aug. 28
CS Setty, who is currently the managing director of SBI, will succeed the current chairman Dinesh Kumar Khara, whose term ends.
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RBI Proposes New Rules For Algo-Based Lending
The draft circular laid out the guidelines for all lenders as model outputs are exposed to certain uncertainties and prudence is important.
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SBI Q1 Results Review: Monitoring High Credit Costs, Retail Delinquencies Key, Say Analysts
The public sector lender reported a 0.89% year-on-year rise in net profit to Rs 17,035 crore in the first quarter of fiscal 2025.
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SBI Q1 Results Review: Monitoring High Credit Costs, Retail Delinquencies Key, Say Analysts
The public sector lender reported a 0.89% year-on-year rise in net profit to Rs 17,035 crore in the first quarter of fiscal 2025.
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SBI Q1 Results: Profit Up 0.89%, Total Expenses Rise
The core income for the public sector lender rose 5.7% year-on-year.
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RansomEXX Group Behind Ransomware Attack On C-Edge Technologies, Says CloudSEK
While the situation is evolving, negotiations are ongoing with the ransomware group, the CloudSEK report said.
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RBI Releases Draft Rules For Aadhaar Enabled Payment System
The draft guidelines have been issued for comments and feedback from industry participants, which can be sent by Aug. 31.
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Bank Of Baroda Q1 Results: Profit Rises 9.5% On Lower Provisions
The public sector lender's standalone net profit rose 9.5% year-on-year to Rs 4,458.1 crore in the quarter ended June 2024.
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Bank Of Baroda Q1 Results: Profit Rises 9.5% On Lower Provisions
The public sector lender's standalone net profit rose 9.5% year-on-year to Rs 4,458.1 crore in the quarter ended June 2024.
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Paytm Shifts Nodal Account To Axis Bank, Says Soundbox To Work Beyond March 15
One97 Communications announced that by opening an escrow account, Paytm has shifted its nodal account.
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Paytm Gets Government Nod To Apply For Payment Aggregator License
The government clearance also means that Paytm can now approach the Reserve Bank of India to get the necessary approvals for a payment aggregator license.
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IndusInd Bank Q1 Results Review: Microfinance Book Poses Near-Term Concern, Say Analysts
The stock rose as much as 2.31% in early trade to Rs 1,436 apiece on the NSE.
