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AvenuesAI plans strategic investment in Ratnaafin Capital NBFC to drive AI-led embedded lendingAvenuesAI is planning a minority investment of up to 2.5% in Ratnaafin Capital, a scaled new-age NBFC with a lending book exceeding INR 200...- Top-level rejig hits mid-cap ITs; Fintechs wary of RBI wallet rulesHappy Thursday! Mid-sized IT firms are realigning leadership teams as AI-driven changes force a rethink. This and more in today's ETtech Mo...
- CSB Bank cautious on gold loans, focuses on wholesale business, says MD Pralay MondalCSB Bank, a lender backed by Prem Watsa, is adopting a cautious stance on gold loans following global uncertainties. The bank intends to sh...
- CSB Bank cautious on gold loans, focuses on wholesale business, says MD Pralay MondalCSB Bank is turning cautious on gold loans amid price volatility linked to geopolitical tensions. The lender expects slower growth, shiftin...
- Stocks in news: HDFC Bank, RBL Bank, Dabur, Tata Motors PV, Tata SteelIndian markets experienced significant volatility, closing flat-to-positive after a sharp recovery. Analysts anticipate continued fluctuati...
- RBI buys 4.6-acre Nariman Point land from MMRCL for Rs 3,472 croreThe Reserve Bank of India (RBI) has acquired a 4.61-acre land parcel in Nariman Point from MMRCL for Rs 3,472 crore, marking a significant ...
- Ghar wapsi: Indian startups returning home in drovesIndian startups like Razorpay, Udaan, and Meesho are shifting their headquarters back to India due to improved IPO opportunities, easier co...
- RBI grants white-label ATM licence to Mumbai-based EPSMumbai-based EPS is backed by investors like the UK's Apis Partners and Dutch Entrepreneurial Development Bank FMO. The licence has made it...
- E-rupee worth over Rs 130 crore in circulation: Nirmala SitharamanNine banks, viz., State Bank of India, Bank of Baroda, Union Bank of India, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Yes Bank, IDFC Firs...
- Central Bank of India to close 13% of its branchesCentral Bank of India, a state-owned commercial bank, plans to shut 13% of its branches to improve its financial health, which has been und...
- RBI nod for Ghosh's re-appointment as Bandhan Bank MD and CEO for three yearsOn November 2, 2020, the board of the bank had approved re-appointment of Ghosh as the MD and CEO for a period of five years with effect fr...
- Cross-border capital flows source of financial fragility: Raghuram RajanIn his paper, Rajan said that when monetary policy in source countries tightens, receiving-country exchange rates depreciate, and liquidity...
- P Chidambaram tells banks to cut rates to spur growth"It will be quite easy to achieve the fiscal deficit (target) of 4.8% in 2013-14. We will have to be better than what we have targeted."
- Some new bank licences to be given before March 2014: FMFinance Minister P Chidambaram today expressed hope that some new bank licences would be issued before March next year.
- Bank of Bahrain opens third branch in IndiaBank of Bahrain and Kuwait (BBK) today opened its first branch in Kerala at nearby Aluva, taking its total bank strength in India to three.
- Inflation management needs more prudential steps: Yaga Venugopal ReddyYV Reddy has said that inflation management cannot be left to the monetary authority alone but calls for more prudential measures from the ...
- Inflation management needs more prudential steps: Former RBI governor YV ReddyFormer Reserve Bank governor Yaga Venugopal Reddy has said that inflation management cannot be left to the monetary authority alone.
- UCO Bank eyeing expansion of presence in overseas marketSeeking to expand its presence in overseas markets, state owned-UCO Bank plans to open more branches in the South East Asian region.
- RBI wants RRBs to speed up branch expansionIn step with the Centre’s plans to expand the network of RRBs to every nook and corner of the country, RBI has in-principle cleared nearly ...
- Citibank submits EoI for UWBGlobal banking major Citibank, on Tuesday confirmed that it has submitted an Expression of Interest (EoI) to the Reserve Bank of India.
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