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1 min read
Union Finance Minister Nirmala Sitharaman reviews performance of RRBs in North East
Union Finance Minister Nirmala Sitharaman chaired a meeting to review the performance of 7 Regional…
ANI
1 min read
Need to increase per capita income to make India 3rd largest economy: Bandhan Bank MD
Bandhan Bank managing director Chandra Shekhar Ghosh on Tuesday said there is a need to increase pe…
PTI
4 mins read
Budget size almost unchanged from interim, shows govt's commitment to fiscal prudence: Experts
According to the Union Budget 2024-25 presented by Finance Minister Nirmala Sitharaman, the total e…
PTI
2 mins read
FM Nirmala Sitharaman likely to meet PSU banks heads on Saturday
Finance minister Niramala Sitharaman is scheduled to meet managing directors of public sector banks…
PTI
3 mins read
OPINION: How new age NBFCs are changing the small ticket business loan landscape in India
As of March 2021, India’s total lending market size stood at ₹156.9 lakh crore, recording around 10…
3 mins read
Banks write off Rs 14.56 lakh crore NPAs in last nine financial years
Scheduled Commercial Banks (SCBs) have recovered an aggregate amount of Rs 2,04,668 crore in wr…
PTI
2 mins read
Raghuram Rajan's warning about Mudra loans last year may be coming true— and now a Citi report confirms it
Many of the working capital loans made to India's small entrepreneurs may be turning bad. MK Jain, …
2 mins read
PSU bank employees to go on two-day strike from Thursday; services likely to be hit
Close to nine lakh employees of various state-run banks will go on a two-day nation-wide strike beg…
PTI
3 mins read
This Indian agency is the first to update its insurance policy that includes same-sex couples and live-in partners
"Everyone should be able to care for those they love," says the agency.
4 mins read
Bank of India, Central Bank of India, Indian Overseas Bank, and Bank of Maharashtra rally by over 19% on hopes of privatisation
While the government has not commented on this development, the four shortlisted banks are leadi…
1 min read
Nearly 3 pc of Mudra loans turn into bad loans: Govt
New Delhi, Dec 3 () The government on Tuesday said close to 3 per cent of Rs 6.04 lakh crore worth …
PTI
5 mins read
Bank unions strongly oppose divestment, a bad bank and threaten to strike
Banking unions aren’t happy with the government’s plans to divest stake in public sector banks (PSB…
1 min read
Unemployed rural-poor to get desi version of ‘Startup India, Standup India’, fulfil entrepreneurial dreams
The Deen Dayal Upadhyay Swaniyojan Yojana will be launched soon in which rural poor will be able to…
2 mins read
Indian startups and small businesses have a reason to cheer, Rs 20,000cr funding to be made available April 8 onwards!
As per the statement issued by the ministry, "Based on the consultation which took place to…
1 min read
PM Modi launches Mudra bank, to benefit 5.8 cr small businesses
Prime Minister Narendra Modi on Wednesday launched Mudra (Micro Units Development and Refinance Age…
2 mins read
Raghuram Rajan reminds India what caused bad loans, warns Mudra loans could be the next wave Of NPAs
“Both MUDRA loans as well as the Kisan Credit Card, while popular, have to be examined more clos…
1 min read
After six years of PMJDY, PM Modi claims it has been a game-changer
"Today, six years ago, the Pradhan Mantri Jan Dhan Yojana was launched with an ambitious aim of …
3 mins read
Agri, small biz, retail loans to be a concern for banks in FY21
Mumbai, Jan 30 () After a prolonged period of troubles with big-ticket exposures, it will be the lo…
PTI
2 mins read
Ensure effective rollout of Rs 3-lakh crore ECLGS for MSMEs: FM to pvt banks
The main objective of the scheme is to provide an incentive to member lending institutions to incre…