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Articles for Banking & Finance

RBI Asks JM Financial Group Company To Stop Lending Against Shares

RBI says it followed information provided by SEBI and conducted a limited review of JM Financial Products before giving the order. JM Financial is a financial advisor in the Religare open offer deal, which is under SEBI's probe

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Work-life Balance, Children’s Education Top Priority For Women: Survey

The survey observed a more than two times increase in the average number of life goals of Indian women across both metros and non-metros, slightly higher than men

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NARCL Offers Bid To Buy Debt Of Three Bankrupt Companies

National Asset Reconstruction Company (NARCL) has offered lenders base bids for the bad loan accounts of Sion Panvel Tollways, Hitodi Infra and Morarjee Textile with an overall debt of more than Rs 4,000 crore

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Managing Risk: A Crucial Aspect Of Stock Market Investing

Diversification is also a fundamental risk management technique that involves spreading investments across different asset classes, sectors, and geographic regions

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Loans' Securitisation Originated By SFBs To Cross Rs 10,000 Cr In FY24: Icra

According to the report, Q3FY24 volumes are at a record high of approximately Rs 4,200 crore

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RBI Green-flags Interoperable Payment System For Internet Banking Transactions

The Reserve Bank of India (RBI) has approved NPCI Bharat BillPay to implement an interoperable payment system for Internet banking transactions

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RBI Approves AU Small Finance Bank's Acquisition Of Fincare Small Finance Bank

The acquisition will come into effect from 1 April 2024

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Banks To Secure Account With Extra KYC Verification Layers

The move aims to address concerns about slackened KYC norms by fintech companies, which may increase risks for lenders

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