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BFSI

Bank of Maharashtra tops PSU lenders chart in profit and loan growth in FY23

26/05/2023
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State-owned Bank of Maharashtra (BoM) has emerged as the top performer among public sector lenders in terms of loan and deposit growth in percentage terms […]

BFSI

Strong performance of Indian banks to continue, says S&P analyst

26/05/2023
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S&P Global Ratings on Thursday said Indian banking sector profitability will stabilise at a healthy level, and asset quality will continue to improve. “Indian banks’ […]

BFSI

India’s forex reserves comfortable for next 5-6 years, FTAs to generate surplus: Piyush Goyal

25/05/2023
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India’s free trade agreements (FTA) will help generate surpluses and the country is “comfortable” for the next five-six years in its foreign exchange position, commerce […]

BFSI

Cash withdrawals at ATMs rise 235% since 2016 demonetisation

25/05/2023
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Mumbai: Cash is still king more than 76 months after demonisation. Cash withdrawals from ATM rose 235% to ₹2.84 lakh crore at the end of […]

BFSI

Bankers seek fee on RuPay debit card use

25/05/2023
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India’s high-street banks have reached out to the government seeking a merchant discount rate (MDR) on RuPay debit cards on the grounds that it will […]

‘BRICS bank off to a good start in India, states seeking project funds’

25/05/2023
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India needs a comprehensive country strategy to guide the India-NDB (New Development Bank) partnership as state authorities are now more willing to take funds from […]

Mehsana Urban Co-op Bank crosses business mix of Rs 13,000cr

25/05/2023
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Gujarat based Mehsana Urban Cooperative Bank (Multi-State Scheduled Bank) crossed the business mix of more than Rs 13,000 crore and earned a profit of Rs […]

BFSI
Fintech

Google Pay launches RuPay credit cards support on UPI in India

24/05/2023
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Google Pay in conjunction with the National Payments Corporation of India (NPCI) on Tuesday rolled out support for RuPay credit cards on Unified Payments Interface […]