[ad_1] The NBFC crisis opens opportunities for small financial banks, who finance their business through their own deposits, said Samit Ghosh, MD and CEO of Ujjivan Small Finance Bank, in an interview …
Read More »Data from almost all Pakistani banks "stolen" in a massive cyber security violation
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Read More »The purchase of portfolios by banks could further impede business growth, says the organization NBFC
[ad_1] Non-bank financial corporations can not benefit from portfolio redemptions by banks. Instead, "help" could simply worsen their growth prospects, said a representative of the nonbank financial sector. "Banks buying NBFC portfolios …
Read More »Banks do not have a safe like Uncle Scrooge, it is the depositors money! Another MP defends RBI decisions
[ad_1] The deputy governor's rejoinder was introduced into the conflict between the government and the RBI over several restrictions imposed by the regulator on weak banks. (Image: PTI) Strongly defending the February …
Read More »Live Market: Sensex earns more than 500 points, Nifty just below 10,550; IT, the food banks are lagging behind
[ad_1] <! – Vikas Ecotech grows by 11% after the approval of the split by the NCLT Vikas Ecotech (VEL) has received the authorization of the National Tribunal for Company Law (NCLT) …
Read More »Indian money hidden in Swiss banks fell by 80% between 2014 and 2017, says Piyush Goyal
[ad_1] Mumbai: Finance Minister Piyush Goyal said Tuesday that the amount deposited with the Swiss National Bank has been reduced by 80% between 2014 and 2017, according to a press report Goyal, …
Read More »Huge flow: banks will suffer a 92% haircut in the Adhunik Metaliks case
[ad_1] This is the third large corporation to be resolved under the Insolvency and Bankruptcy Code after Bhushan Steel and Electrosteel Steels The lenders in Adhunik Metaliks (AML) will suffer haircut of …
Read More »LIVE MARKETS: The indices are higher, higher than 10,950; PSU banks win
[ad_1] Market Check Index Current Pt. Change % Change S & P BSE SENSEX 36,399.58 75.81 0.21 S & P BSE SENSEX 50 11,498.91 39.49 0.34 S & P BSE SENSEX Next …
Read More »India needs more private lenders but fewer banks: CEA Arvind Subramanian
[ad_1] Chief Economic Advisor Arvind Subramanian said that India should have more private sector lenders but fewer banks. In an interview with The Times of India, Subramanian said that a healthy system …
Read More »arvind subramanian: Need more private, maybe fewer banks: CEA Arvind Subramanian
[ad_1] NEW DELHI: Chief Economic Advisor Arvind Subramanian officially resigns on July 26 and will head to the Kennedy School of Government at Harvard University, where he will take up his teaching …
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