State-run banks are examining the feasibility of setting up more joint ventures among themselves for business and operational efficiency, encouraged by the success of the common property listing …
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Pound hits three-week low after Bank of England says slowing jobs market could prompt rate cut – business live | Business
by eNewsBlogby eNewsBlogKey events Show key events only Please turn on JavaScript to use this feature The euro is also weakening this morning, after Donald Trump that goods imported from …
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Nod for voluntary gold pledge may give a boost to micro and agri sector lending
by eNewsBlogby eNewsBlogKolkata: Banks’ priority sector lending to the farm sector as well as lending to micro enterprises are likely to get a boost with the Reserve Bank of India …
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Mumbai: Public sector banks have increased lending to new as well as lower-rated micro, medium and small enterprises taking advantage of government guarantee schemes, even as industry trends …
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Ahmedabad air crash: Insurers process claims across travel, personal accident, life, and credit-linked covers
by eNewsBlogby eNewsBlogA broad spectrum of insurance claims has been filed following the devastating Air India plane crash in Ahmedabad, ranging from baggage loss and hotel cancellations to personal accident …
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Indian Bank hands over sanction letters worth Rs 1,011 crore to over 3,000 women
by eNewsBlogby eNewsBlogPublic sector Indian Bank has handed over sanction letters worth Rs 1,011 crore to over 3,000 women, extending financial support to Self Help Groups across Tamil Nadu. Ministry …
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The government is working on further stake sale in Life Insurance Corporation (LIC) and the disinvestment department would work out finer details of the transaction, sources said. The …
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Private ARC AUM may drop 4-6% as redemptions outpace acquisitions: Crisil Ratings
by eNewsBlogby eNewsBlogAssets under management (AUM) of private asset reconstruction companies (ARCs), as measured by security receipts (SRs) outstanding, is expected to decline 4-6 per cent to Rs 1.05 lakh …
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IIFL Home Finance, a company focused on the affordable housing segment, on Saturday said it has secured a USD 100 million (about Rs 858 crore) financing from the …
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Banking credit rose 9.5% in the quarter ending June while deposits rose 10.1% in the same period on a year on year basis, data released by the Reserve …