Banks have written off Rs 11.17 lakh crore bad loans from their books in the last six years till financial year 2021-22, Parliament was informed […]
Tag: bfsi
Indian banks may set new credit growth record at Rs 19 lakh crore
Indian lenders are set to see life high credit growth, surpassing the Rs 19 lakh crore mark in the current fiscal year, domestic rating agency […]
HDFC hikes home loan rates
Housing Development Finance Corp Ltd (HDFC), India’s largest non bank mortgage lender has hiked its retail prime lending rate (RPLR) by 35 basis points effective […]
India plans tax waivers for IDBI Bank buyer
The Indian government is likely to waive some tax norms for the buyer of IDBI Bank in a bid to attract more suitors for a […]
Microfinance loans up 11 pc to Rs 71,916 cr in Q2 FY23: Report
Microfinance loans in the country grew by nearly 11 per cent to Rs 71,916 crore during the second quarter of the current fiscal, industry data […]
Best SHGs to get award in Hyderabad
Not-for-profit resource organisation, APMAS (Andhra Pradesh Mahila Abhivruddhi Society) said it will hold two-day national conference in the city from December 16 (Friday). The event, […]
NBFCs seen growing at 10-12 per cent this fiscal and next
Non-bank financing companies are finally shedding the Covid-era stress and could see a 40 basis point improvement in bad loan numbers, domestic rating agency ICRA […]
Pay your bills on CRED through the Bharat Bill Pay System and get rewarded
Paying your bills is a task that is dreary rather than delightful. With several activities taking up your time throughout the day, it’s taxing to […]
Govt extends deadline for IDBI Bank sale bid submission till January 7
The government has extended the deadline for IDBI Bank privatisation till January 7. The government had invited bids for its sale in October. The government […]
BoB proposes to sell its majority stake in Nainital Bank
State-owned Bank of Baroda (BoB) on Tuesday said it plans to sell its majority stake in Nainital Bank. The board of directors of the bank […]