Bengaluru-based Jana Small Finance Bank’s (SFB) holding companies have raised around ₹1,200 crore of fresh debt from shareholders TPG Capital and Singapore’s sovereign wealth fund […]
Category: BFSI
Manappuram Finance launches digital money lending app
Seeking to tap into the growing digital lending sector, Kerala-based Manappuram Finance Ltd has launched Ma-Money, a new digital lending platform. The objective of introducing […]
Government appoints Ashwani Kumar as MD of UCO Bank
The government on Wednesday appointed Ashwani Kumar as managing director of UCO Bank in place of Soma Sankara Prasad whose terms comes to an end. […]
Bank loans to most sectors rise in April, industry demand muted
Bank lending continued to rise in April as credit demand picked up across sectors barring industry. Non-food credit rose 16.1% in April from 11.4% a […]
12 PSU banks come under National SC Commission’s lens
Twelve public sector banks have come under the National Commission for Scheduled Castes’ scanner for non-implementation of central schemes, low loan disbursal and not filling […]
Crypto transfers to private wallets to now face identification checks
The no-questions-asked regime used by money launderers to freely move cryptocurrencies to ‘private wallets’ is about to end. India’s crypto exchanges are working on a […]
Capital Small Finance Bank eyes Rs 14,000 crore of total business in FY24
Capital Small Finance Bank Limited is looking at its total business rising over Rs 14,000 crore by the end of current financial year on the […]
Yes Bank advertising spend to be 30 pc higher in FY24: Official
Yes Bank is planning to up the ante on marketing and will be spending 30 per cent higher on advertising activities in FY24, a senior […]
Karnataka Bank appoints Veteran Banker Srikrishnan Harihara Sarma as its New MD & CEO
Leading south Indian private bank – Karnataka Bank, is pleased to announce the appointment of Mr. Srikrishnan Harihara Sarma as the new Managing Director & […]
Bank boards, directors need to be vigilant to questionable corporate governance practices: Shaktikanta Das
Questionable corporate governance practices in some banks – from evergreening of loans to CEO dominance – have come to the regulator’s attention and the board […]