Trouble is brewing in the darkest corner of China’s shadow banking

Their concern centers on so-called independent wealth managers, which have expanded rapidly in recent years by selling high-yield products to affluent investors.

published on : 12th October 2019

RBI not looking at liquidity facility for NBFCs, says Deputy Governor NS Vishwanathan

RBI said there will be revamp of its regulatory and supervisory structure and creating a specialized cadre for this.

published on : 8th October 2019

PMC bank scandal points to wider problems in India

The alleged wrongdoing at PMC Bank differs from previous Indian banking scams in that savers are on the hook this time.

published on : 30th September 2019

Now, lock your SBI net banking access to stop fraudsters from swindling your money 

This feature can be used only by retail customers. Corporate users do not have the option to lock their accounts.

published on : 26th September 2019

Vijayawada's traffic violators opt to pay traffic fines through app

`2.54 crore received via Paytm alone, which is nearly 60% of total amount

published on : 24th September 2019

Banking with full communication lockdown: Travails and risks bankers face

Officials hailing from outside the Valley were pulled out in the days leading to the Centre's mega moves in Jammu & Kashmir on August 5.

published on : 23rd September 2019

Banking, FMCG to benefit from corporation tax cut while pharma, IT to remain untouched: Report

The immediate benefit is increased cash flows to corporate India that will be either channelised into debt reduction or incremental investments in increasing capacity.

published on : 22nd September 2019

Fraudsters now take the UPI route to dupe public

Pro Vice-Chancellor was convinced to share two PINs she received as SMS; nearly H2 lakh debited from her account in two transactions

published on : 19th September 2019

NBFCs pulling back on loans to MSMEs: Moody's

According to Moody's, it does not expect LAP lending by NBFCs and HFCs to pick-up significantly in the next few months.

published on : 11th September 2019

Hyderabad pharma firm employee held for duping man

The accused used victim’s mobile phone and internet banking for booking train ticket with IRCTC portal.

published on : 8th September 2019

India to get Swiss banking details of Indians from Sunday

The move, the CBDT said, is a significant step in the government's fight against black money and the era of Swiss bank secrecy will finally be over from September.

published on : 31st August 2019

Xavier Institute of Management Bhubaneswar focuses on Insolvency and Bankruptcy Code in its annual business conclave

The finance association of Xavier Institute of Management, Bhubaneswar (XIMB) organised its annual business conclave on Sunday with a focus on the Insolvency and Bankruptcy Code (IBC).

published on : 26th August 2019

Banking, Financial services apart, Nifty 50 earnings tank in Q1 as slowdown bites harder

Revenues of consumer-facing sectors like automobiles and fast moving consumer goods were impacted by muted volumes owing to low discretionary spends.

published on : 17th August 2019

Banking liquidity in surplus mode for 10th straight week

The banking system liquidity, the lack of which spooked markets just a few months ago, is now in surplus mode for the tenth consecutive week.

published on : 14th August 2019

PNB Housing Finance raises fresh USD 75 million ECB from Sumitomo Mitsui Banking

The landed cost of fully-hedged facility has been much lower than the present domestic pricing for similar tenure.

published on : 6th August 2019
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