A shareholder and two others have approached the court docket in opposition to the board’s determination of rejecting their candidature for the workplace of director,
Tag: Banking & Finance
RBI lays down framework for outsourcing of processes by payment system operators
The duty of addressing the grievances of its prospects shall relaxation with the PSO, together with in respect of the companies supplied by the outsourced
Q1 performance: HDFC Bank profit up 16.1% to Rs 7,730 crore
Different earnings of the financial institution grew 54.3% y-o-y at Rs 6,288.5 crore. The 4 parts of different earnings have been charges and commissions of
RBI announces G-SAP 2.0 auction; includes illiquid paper
The overall trades passed off in an introduced bonds on Thursday is simply 10% of the overall trades of most liquid paper available in the
DBS Bank India grows profitability despite LVB merger impact
LVB was amalgamated into DBIL in November 2020. DBS Financial institution India (DBIL), the wholly-owned subsidiary of DBS Financial institution of Singapore, which has taken
RBI penalises SBI, 13 other banks for non-adherence to NBFC lending rules
The banks have been additionally known as out on not adhering to restrictions and provisions on loans in addition to advances and reporting to the
Equitas SFB’s collection efficiency improves to 83.49% in June
In April, the financial institution had clocked a billing effectivity of 84.68%. Equitas Small Finance Financial institution (ESFB) on Wednesday mentioned its assortment effectivity had
Bajaj Finance sees sharp rise in new loans in June quarter
Bajaj Finance’s consolidated liquidity surplus stood at roughly Rs 10,900 crore. The corporate stated it remained effectively capitalised with capital adequacy ratio (CRAR) of 28.6%
Paytm launches small-ticket instant loans Postpaid Mini to help users manage monthly expenses
With Postpaid Mini, customers must repay the mortgage in a interval of 30-days at 0% curiosity. Paytm this week, introduced the launch of Postpaid Mini,
IIFL Home Finance aims to raise Rs 7,000 crore in FY22
The online curiosity earnings noticed a 15% y-o-y development to Rs 574 crore. Complete earnings elevated 42% in the course of the March quarter to
