B2B Infomedia: Originally from Coimbatore, Vasanth brings more than 17 years of experience with a diverse background. He started his career in outbound desktop sales […]
Tag: bfsi
Piramal Capital to sell more loans for Rs 1,669 crore
Piramal Capital & Housing Finance is in talks to sell a stressed loan portfolio worth ₹2,437 crore spread across 14 accounts to JM Financial ARC […]
HSBC relaunches private banking in India
Hong Kong and Shanghai Banking Corp Ltd (HSBC) has relaunched its private banking business in India almost eight years after it closed the division amid […]
RBI rejects three applications for small finance bank licences
The Reserve Bank of India rejected three applications for small finance bank licences saying they “the applicants were not found suitable for granting of in-principle […]
PNB launches UPI Payments with IVR-based UPI 123PAY
State-owned Punjab National Bank (PNB) on Tuesday announced the launch of UPI 123PAY, an IVR-based UPI solution. This offering aligns with the Digital Payment Vision […]
Over 75% of Rs 2,000 notes returned by users to banks
Nearly four-fifths of the ₹2,000-denomination currency notes have been deposited in banks, the central bank said on Monday. It said that ₹2.72 lakh crore worth […]
Bank of Maharashtra clocks 25 per cent loan growth
State-owned Bank of Maharashtra (BoM) on Monday said it has posted a credit growth of 24.93 per cent at Rs 1.75 lakh crore in the […]
JM Financial hits 1st close of ₹600cr for its maiden credit fund
Financial service group JM Financial has hit the first close of its maiden performing credit fund – JM Credit Opportunities Fund – 1 – raising […]
PM ups the ante for co-op; askes it to partner govt for a developed India
Addressing the 17th Indian Cooperative Congress at Pragati Maidan in New Delhi on Saturday, Prime Minister Shri Narendra Modi upped the ante for co-op sector […]
Banks’ net interest margin jumps 46 basis points to 3.3% in March quarter, says report
Banks’ net interest margin (NIM), a key profitability gauge, grew 46 basis points to 3.3 per cent in the January-March quarter, driven by slower deposit […]