Page 520 - Finance News

Bad bank may follow Swiss challenge method for price discovery of assets

Plan aimed at price discovery of assets; IBA working closely with FinMin, RBI

PNB scam case: UK judge to rule on Nirav Modi extradition case on Thursday

Nirav Modi currently remains behind bars in a London prison

India's rich club to grow 75% by 2025 despite pandemic: Knight Frank study

As many as 91% of the ultra-rich are expecting a massive increase in their wealth over the next five years

Global retail banking: A particular breed heading for extinction

When HSBC and Citigroup were expanding, they were offering best-in-class consumer banking. As technology improved, local rivals have overtaken them

'Won't pull out liquidity': RBI tries to calm bond market nerves

Central bank governor welcomes blockchain tech, but voices major concerns on cryptocurrency

Fino Payments Bank says inclusion in commercial bank list to boost biz

Fino Payments Bank on Wednesday said it will be able to improve its business prospects further as the RBI has included it in the category of a scheduled commercial bank

Bank stocks rise as embargo lifted on grant of govt business to pvt banks

An embargo on private sector banks to carry out govt-related transactions, including taxes and pension payments, has been lifted

India's economic recovery to cut bank stress, but Covid hit to be felt: S&P

While the Indian economy is on a mend, the permanent GDP loss stemming from the brunt of the coronavirus is huge at 10 per cent

Punjab & Sind Bank shares advance nearly 5%; hits the upper circuit

The scrip hit its upper trading limit on the NSE as well, with a gain of 4.80 per cent at Rs 17.45

Explained: Why is a rise in bond yields a concern for everyone?

A rise in sovereign bond yields means a rise in the interest rate in the economy

India Ratings upgrades outlook on banking sector to 'stable' for FY22

The rating agency has upgraded its FY21 credit growth estimates to 6.9 per cent from 1.8 per cent

Triggering alarm: Reserve Bank of India's lack of support pushes up yields

The 10-year bond yields continued to rise for the fourth straight session to close at 6.202 per cent from its previous close of 6.135 per cent

MPC minutes: Unwinding high indirect taxes on fuel critical, says Das

Fall in inflation gives MPC room to continue to support growth in economy

Relief for HDFC Bank as SAT stays Sebi directive on Rs 160 cr transfer

Matter pertains to BRH Wealth Kreators share-pledge fiasco; SAT cites lender's financial strength while asserting it won't run away or become insolvent

Monthly collections in retail pools of NBFCs at pre-moratorium level: Icra

Icra said the monthly collections, including overdues in its rated retail loan pools originated largely by NBFCs and HFCs, have reached pre-moratorium levels

Exim Bank extends line of credit worth $50 million to the Maldives

The credit line is for financing of defence projects in the country

Unsecured loans come back to haunt private banks after 13-year gap

ICICI Bank, Axis, among others see rise 'proforma' slippages in Q3

Non-banking lender Kinara Capital secures $10 million from IndusInd Bank

The funds secured have 100 per cent guarantee from the US International Development Finance Corporation

Small loans, big stakes: Why MSMEs are banking on fintech lenders

Speed and flexibility to cater to a wider segment of small borrowers are tilting market in their favour

State Bank of Sikkim under Reserve Bank of India's regulatory purview

The bank, established five years before Sikkim acceded to India in 1973, provides treasury operations for the state government