India’s FinTech sector is booming. What shifts like regulatory, tech-driven, or consumer-led, do you see shaping its next big growth phase? India’s FinTech journey is […]
Tag: banks
SBI seeks buyers for its Rs 96,000 crore distressed loans
State Bank of India intends to sell over Rs 96000 crore distressed loans to asset reconstruction companies in a fresh attempt to clean its books. […]
Oracle conducted Financial Services Innovation Exchange to strengthen the Urban Cooperative Banks
B2B Infomedia in association with Oracle has organized Financial Services Innovation Exchange on 26th July 2023, Mumbai focusing Urban Co-operative Banks. The theme of the […]
Bank of Baroda, DBS Bank and Karur Vysya Bank likely to sell their cumulative stake of just over 30% to Canara Bank
Bank of Baroda, DBS Bank and Karur Vysya Bank are likely to sell their cumulative stake of just over 30% in Canbank Computer Services to […]
RBI permits banks to open vostro accounts from 22 countries for trade in rupee
The Reserve Bank has permitted 20 banks operating in the country to open 92 Special Rupee Vostro Accounts (SRVAs) of partner banks from 22 countries […]
Razorpay launches account for Indian exporters, offers savings on overseas bank transfers
Fintech company Razorpay on Wednesday announced the launch of its MoneySaver Export Account to offer up to 50 per cent savings on international bank transfers […]
Banks told to alert customers on frauds related to Mudra loans
The government has asked banks to keep vigil and inform their customers of fraud in Mudra loans. The directive follows multiple instances of frauds related […]
Domestic banks lure techies from top tech companies
Domestic Indian banks, which have fast tracked their efforts to enhance their digital capabilities, are luring top-notch tech talent from leading new age companies and […]
Bandhan Bank looks to sell Rs 500-cr stressed home loans to ARCs
Bandhan Bank invited offers from asset reconstruction companies (ARC) for its Rs 500-crore distressed retail mortgage portfolio to lower the share of bad loans, said […]
Fino Payments looking to upgrade to small finance bank
Fino Payments Bank is keen to become a small finance bank after having completed five years of operations, Managing Director Rishi Gupta said. The Navi […]