Karur Vysya Bank (KVB) has extended its presence by inaugurating new branches in Coimbatore, Madurai, and Vizag. The new branches were officially opened as part […]
Tag: Loans
IndusInd Bank rolls out INDIE app for 15 million retail customers
IndusInd Bank has announced the expansion of its flagship digital banking platform, ‘INDIE’, to its entire retail banking customer base, targeting the migration of over […]
U GRO Capital raises Rs 2,500 million from Asian Development Bank
U GRO Capital has raised Rs 2,500 million through Non-Convertible Debentures (NCDs) from Asian Development Bank (ADB). Speaking in this regard, Shachindra Nath, Founder and […]
Technology : A tool for understanding customer expectations
In today’s rapidly evolving business landscape, the key to success lies in understanding and meeting customer expectations. This requires a deep understanding of customer preferences, […]
NBFCs, together with fintechs
B2B Infomedia organised the 15th edition of NBFC and Fintech Conclave and Awards in Chennai on 18th August, 2023. The event saw participation from more […]
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. […]
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 […]
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 […]
IIFL Home Finance raises $50 million loan from US International Development Finance Corp
IIFL Home Finance has raised a $50 million loan from US International Development Finance Corp (DFC) to grow its affordable housing finance portfolio with a […]
Vehicle loans outstanding rise 22 pc in May despite high interest rates
Vehicle loans outstanding increased by 22 per cent year-on-year to Rs 5.09 lakh crore in May, notwithstanding the Reserve Bank’s rate hike spree in 2022-23. […]