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LIC looking to setup a new fintech arm, says Chairman Siddhartha Mohanty

Insurance behemoth Life Insurance Corporation (LIC) is considering the establishment of a fintech unit. LIC has launched a comprehensive digital transformation project named...

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BUSINESS

RBI Bans Bajaj Finance From Issuing Loans Under Two Products: Will It Impact Borrowers?

RBI has asked Bajaj Finance to immediately stop sanction and disbursal of loans under two lending products; Know its impact The Reserve...

302

FINANCE

Can pensioners also get loans? SBI runs one such scheme, know the details here

SBI runs a special loan scheme for pensioners. This scheme is- State Bank of India Pension Loan Scheme. Under this scheme, pension...

258

BUSINESS

RBI Restricts Bajaj Finance From Sanctioning, Disbursal Of Loans Under Two Schemes

RBI says these supervisory restrictions on Bajaj Finance will be reviewed upon the rectification of the said deficiencies to the satisfaction of...

305

FINANCE

Canara Bank Raises Benchmark Lending Rate Before Diwali, Making Loans Costlier

MCLR is the minimum lending rate below which a bank is not permitted to lend. State-owned Canara Bank has announced a 5...

337

BUSINESS

Bank of Baroda Q2 FY23 results: PAT rises to Rs 4,253 crore, NPA ratio improves

Public sector bank Bank of Baroda on Saturday reported a 28.4 per cent rise in net profit for the quarter ended September...

228

BUSINESS

‘Axis Bank aims to augment small-ticket loans’

Axis Bank is working on augmenting small-ticket loans, crop loans to small and marginal farmers and microfinance business loans for women borrowers...

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FINANCE

HDFC Bank launches XpressWay digital platform for faster loans

HDFC Bank on Friday, October 20, launched XpressWay, a digital platform offering banking products and services, enabling customers to experience the fastest...