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Lockdown set to hit Bajaj Finance’s FY22 AUM growth
The company said it has taken several measures to reduce its operating expenses and cost of funds to partially mitigate the financ...
RBI gives approval to re-appointment of CS Ghosh as MD ...
Ghosh, who has been one of foremost proponents of microfinance in India, founded Bandhan in 2001 as a not-for-profit enterprise th...
Carlyle-led investment in PNB Housing unfair to minorit...
In a note to institutional investors, SES argued that a rights issue would have been a fairer and better option for raising capita...
Covid woes: Banks’ collection efficiency for micro-loan...
Lenders feel that collection efficiency is likely to be ‘volatile’ in the first quarter of the current fiscal year due to the inte...
SBI likely to transfer Rs 20,000 crore NPAs to National...
These non-performing assets (NPAs) include Essar Power Gujarat, Coastal Energy and Reliance Naval.
RBI extends risk-based internal audit system to housing...
In February this year, RBI had issued a circular mandating the RBIA framework for select non-banking financial companies (NBFCs) a...
IOB net soars 143% to Rs 350 cr in Q4; plans to raise R...
Chennai-based public sector lender Indian Overseas Bank (IOB) on Monday a reported a 143% jump in its net profit to Rs 350 crore f...
RBI proposes removing cap on interest rates for micro-l...
The prescribed ceiling on lending rate for NBFC-MFIs has had an unintended consequence of not allowing competition to play out and...
HDFC Bank mobile app down for 1 hour; issues resolved
The bank’s IT infrastructure is under the Reserve Bank of India (RBI) audit for a series of technical problems reported earlier.
Office OS company wants to make the end of working from...
Envoy started testing Desks in November and has seen a spike in bookings as offices reopen.
Microsoft product vulnerabilities reached a new high of...
56% of all Microsoft critical vulnerabilities could have been mitigated by removing admin rights, according to the 2021 BeyondTrus...
Accenture crowdsources 25 signals of business change
The firm offers an interactive tool to guide companies trying to navigate change in the "era of compressed transformation."