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Here’s what a Paytm report tells us about India’s UPI journey in 2022
  • BFSI
  • Enterprise
  • Technology

Here’s what a Paytm report tells us about India’s UPI journey in 2022

  • 29/12/2022
  • 0

With India’s digitalisation picking up pace, the UPI transactions in the nation registered a robust growth. A growth of nearly 25 per cent and 14 […]

Frauds fall nearly 50% at banks: RBI Data
  • BFSI

Frauds fall nearly 50% at banks: RBI Data

  • 28/12/2022
  • 0

Instances of financial frauds is falling in the banking system as institutions have become more aware of the cyber threats, said the RBI report. According […]

RBI clears reappointment of Baskar Babu as Suryoday Small Finance Bank CEO
  • BFSI

RBI clears reappointment of Baskar Babu as Suryoday Small Finance Bank CEO

  • 28/12/2022
  • 0

Suryoday Small Finance Bank on Tuesday said Reserve Bank of India has approved the reappointment of Baskar Babu Ramachandran as the Managing Director & Chief […]

Central Bank of India to raise up to Rs 1,500 crore this fiscal
  • BFSI
  • Enterprise

Central Bank of India to raise up to Rs 1,500 crore this fiscal

  • 27/12/2022
  • 0

State-owned Central Bank of India will raise up to Rs 1,500 crore this fiscal by issuing Basel III compliant bonds. The decision was taken at […]

Credit card spends fall for the first time in six months
  • BFSI
  • Enterprise

Credit card spends fall for the first time in six months

  • 26/12/2022
  • 0

Mumbai: Consumer spending on credit cards fell for the first time since July, signalling an end to the festive season that had begun with Onam. […]

Credit growth far away from being considered ‘exuberant’, says RBI Governor Shakitkanta Das
  • BFSI

Credit growth far away from being considered ‘exuberant’, says RBI Governor Shakitkanta Das

  • 22/12/2022
  • 0

The present credit growth in India is far away from being considered ‘exuberant’ and there is no ‘big gap’ between the credit growth and deposit […]

Need similar regulations for banks and fintechs if underlying activity is same: RBI DG
  • BFSI
  • Financial Inclusion
  • Fintech

Need similar regulations for banks and fintechs if underlying activity is same: RBI DG

  • 22/12/2022
  • 0

Reserve Bank Deputy Governor T Rabi Sankar on Wednesday pitched for similar regulation for both banks and non-bank entities like fintechs if they are undertaking […]

Banks write off loans worth Rs 11.17 lakh crore in last 6 years
  • BFSI
  • Enterprise

Banks write off loans worth Rs 11.17 lakh crore in last 6 years

  • 21/12/2022
  • 0

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 […]

Indian banks may set new credit growth record at Rs 19 lakh crore
  • BFSI

Indian banks may set new credit growth record at Rs 19 lakh crore

  • 20/12/2022
  • 0

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 […]

Microfinance loans up 11 pc to Rs 71,916 cr in Q2 FY23: Report
  • BFSI

Microfinance loans up 11 pc to Rs 71,916 cr in Q2 FY23: Report

  • 19/12/2022
  • 0

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 […]

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