Is the worst over for banking stocks? Check these 4 banks with good one-year upside potentialSince October last year, most banking stocks have faced significant volatility, with 35 out of 41 stocks yielding negative returns. Even as...
RBI clears sale of Tata Communications’ payment arm to Australian fintech FindiThe Reserve Bank of India (RBI) has approved Tata Communications' plan to sell Tata Communications Payment Solutions (TCPSL) to Transaction...
Technical Breakout Stocks: How to trade ICICI Bank and SBI on ThursdayThe S&P BSE Sensex rallied over 400 points while the Nifty50 closed with gains of over 100 points to hit a fresh closing high. Sectorally, ...
RBI in final stages of retail CBDC pilot rolloutOfficials indicated that the platform for CBDC is being hosted by the National Payments Corporation of India and will be similar to the cur...
Urban-Rural remittances up 10-15% in October as weddings add to festive cheerDelhi, Mumbai, Indore, Rajasthan and Gujarat are among the major corridors from where a large chunk of the remittances originates, with the...
BANKIT aims to rope in 1 lakh kirana stores in Telangana, Andhra Pradesh by FY2022The fintech startup said these outlets will include local shops such as medical stores, recharge shops, grocery shops, etc.
BANKIT hired over 40,000 of its 70,000 agents during the pandemic"We onboarded around 3000 to 4000 agents a month, at that point in time," Amit Nigam, Executive Director and COO of BANKIT told ET. "Out of...
Reading helps BANKIT CEO make better life decisionsAmit Nigam dedicates at least 30 minutes daily to reading.
Low smartphone reach coupled with lack of digital literacy hit rural India Covid vaccine driveWhile a shortage of vaccine supplies is blamed for stretching the wait of Kesavan, low smartphone penetration and internet access, and lack...
Migrant workers turn towards banking for employmentBanking correspondence is emerging as a lucrative option for many rural traders.
Merger process major challenge for PSBs in near future: SBI chiefKumar said banks that are in the middle of the merger process need to be careful on information technology integration. "One of the challen...
Banks' daredevilry: Loans without credit scoresThe banks are now turning to digital credit algorithms to identify "good" borrowers who do not have a credit score.
Now, loans without credit scoresKotak Mahindra Bank and IDFC Bank are turning to digital credit algorithms to identify “good“ borrowers who do not have a credit score.
Banks take country roads to grow consumer durables loan portfolioTotal annual growth in consumer durable loans was 50 per cent last August from the year earlier when the rural economy was in a much better...
CCI probes RRBs’ merger promoted by Syndicate Bank, PNB for possible breach of normsThe case is being examined under the combination provision of the Competition Act 2002, the official said, requesting anonymity.
It is not like the historical rally: Ashwani Gujral, Ashwanigujral.com"This is not a private bank/IT rally. This is driven by metal, infrastructure, MNC, auto, pharma and Bank Nifty and CNX IT are not doing al...
- Greek exit from eurozone a major near-term negative for markets: JP Morgan report
The fear of Greece's exit from the eurozone is a major near-term negative for markets, says a JP Morgan report.