Category: Banking

How Should India Resolve the Fault Lines in its Shadow Banking System?

India’s shadow banking system is in deep trouble. An imminent crisis has been slowly but surely brewing in the sector for the …

by Hela/ June 16, 2019/ Banking/

China central bank urges calm after Baoshang takeover

China’s central bank sought to calm investors on Sunday after last month’s takeover of Inner Mongolia-based Baoshang Bank, saying regulators …

by Hela/ June 3, 2019/ Banking/

Soon, non-banking companies may verify via eKYC

BENGALURU: Digital finance companies could be allowed to verify customer antecedents through the Aadhaar database, according to a note that envisages grant …

by Hela/ May 17, 2019/ Banking/

Expect banking pack to grow at 36% CAGR: Pankaj Pandey

In FMCG sector, it was not the best set of numbers from HUL. The volume growth of nearly 7% saved …

by Hela/ May 7, 2019/ Banking/

SBI Card raises ₹700 crore from banks, including parent bank to fund growth

Mumbai: SBI Cards and Payment Services Pvt Ltd. (SBI Card), the credit card subsidiary of State Bank of India, has raised₹700 crore from …

by Hela/ May 5, 2019/ Banking/

‘Banks, technology and consumption look attractive for next couple of years’

Further upside in the immediate term may be quite limited and support for Nifty is at 11,400 and 11,100, said …

by Hela/ April 30, 2019/ Banking/

Yes to bank on CEO’s ‘best practices’ philosophy

Mumbai: A whole new philosophy would determine the way Yes BankNSE 0.06 % functions under the new chief executive Ravneet Gill starting with the …

by Hela/ April 29, 2019/ Banking/

SBI rethinking the role of its branches

Mumbai: India’s largest bank State Bank of India (SBI) is planning to optimise costs by rethinking the role of branches, offices to see …

by Hela/ April 28, 2019/ Banking/

Paytm Payments Bank mobile banking market share down to 18% from 26% in Feb

At a time when mobile banking transactions have been witnessing an unprecedented rise, Vijay Shekhar Sharma-led Paytm Payment Bank’s (PPB) …

by Hela/ April 24, 2019/ Banking/

`Give PSU banks autonomy to decide organisational structure’

The banking apex body also recommends incentivisation scheme linked to performance The Banks Board Bureau (BBB), the apex body for …

by Hela/ April 13, 2019/ Banking/

Need ‘systemic reforms’ in banking sector, says Venkaiah Naidu

Farm loan waivers are not long term solutions for farmers Banks have to focus on providing new and improved services …

by Hela/ April 12, 2019/ Banking/

Axis Bank’s new boss is giving it a makeover & investors are happy

Amitabh Chaudhry, as the chief executive of Axis BankNSE -0.77 %, is yet to deliver his first quarterly earnings. But the …

by Hela/ April 3, 2019/ Banking/

Sensex rebounds over 400 points; RIL, banks lead gains

Lifted by strong buying in banking shares and Reliance Industries, Indian markets ended sharply higher today. The Sensex rose 424 …

by Hela/ March 26, 2019/ Banking/

Karnataka Bank reports Rs 13 cr fraud to RBI

Karnataka BankNSE -1.98 % on Saturday said it has reported to regulator RBI about a fraudamounting to Rs 13.26 crore in the fund-based working …

by Hela/ March 23, 2019/ Banking/