Banking
Debt of worth ₹2-lakh crore looms over new bad bank
The new entity to help speed up decision-making and improve resolving bad loan piles.
Tag
Banking
Banking
Companies
Paytm aims to raise Rs 12,000 crores, declassifies Vijay Shekhar Sharma as promoter
Paytm, an Indian multinational tech company that concentrates on digital wallets, e-commerce, payment systems, and financial services. It is backed…
Banking
Jana Small Finance Bank to extend its overdraft facilities
Jana Small Finance Bank: Under this facility, it can be up to 90 per cent of the FD value can…
Banking
Deutsche Bank faces Rs 2 crore penalty from RBI
Reserve bank of India (RBI) on 12th January imposed Rs 2 crore penalty on Deutsche Bank AG for non-compliance with…
Banking
ICICI Bank launches new ‘IMobile Pay’ app, allows everyone to make transactions
ICICI Bank has launched their new app iMobile Pay. iMobile Pay is a one of a kind platform where users…
Banking
DBS Bank Singapore invests Rs 2500 crore in DBS Bank India
DBS Bank India has received investment funds from DBS Bank Singapore. DBS Bank Singapore has infused about Rs. 2500 crore…
Banking
RBI asks for explanation; concerned with repetitive service outages in HDFC Bank
The Reserve Bank of India (RBI) has approached the largest private sector bank- HDFC Bank asking for an explanation as…
Banking
Digital payments for HDFC bank restored
HDFC bank India’s largest private bank had a technical glitch occur in it’s server for digital payments on Saturday evening.…
Banking
Shareholders to get nothing in LVB and DBS Bank merger
The LVB (Lakshmi Vilas Bank) shareholders will be left with nothing after this merger goes through. Once it’s official, their…
Banking
Canara Bank revises rates for Fixed Deposits (FD)
New interest rate from Canara Bank are applicable from 16th November. For deposits that are below Rs. 2 crore and…