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Articles for Banking & Finance

BFCs, HFCs Securitisation Volumes Increases At Rs 61,000 Cr

The overall securitisation volumes in FY2023 stood at Rs 1,78,000 crore, a healthy 41 per cent expansion over Rs 1,26,000 crore seen in FY2022

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IT Service Outsourcing Regulations To Be Effective From 1 October: RBI

The RBI-regulated financial institutions have been asked to comply with the requirements within 36 months of the renewal dates for agreements that are due for renewal on or after 1 October

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Over 408.2 Mn Loans Of Rs 23.2 Trillion Sanctioned Under PMMY: Finance Ministry

PMMY intends to provide micro-entrepreneurs with convenient collateral-free credit of up to Rs 10 lakh for income-generating activities

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SDK-enabled Payment Gateways – The Next Phase For API Banking & Financial Services

The Indian payment gateway market is expected to grow at a CAGR of 11.6 per cent from 2023 to 2028 to reach USD 2,897.6 million

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Fed Reserve Data Indicates US Banks Seeing Deposits Increase After Record Outflows

Federal Reserve data released on Friday showed deposits at all commercial banks rose to USD 17.35 trillion in the week ended March 29

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India's Banking, Non-banking Financial Service Sectors Remain Healthy: RBI's Das

The central bank decided to keep the key benchmark interest rate - the repo rate - unchanged at 6.5 per cent with readiness to act should the situation so warrant.

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RBI Decides To Keep Repo Rate Unchanged At 6.5%

The Monetary Policy Committee of the central bank decided to pause after a rate hike seen in the previous six consecutive policies

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Sridhar Vembu’s Not Sold On End Of Global Banking Turmoil; JPMorgan’s Dimon Concurs

JPMorgan Chase & Co CEO Jamie Dimon says banking crisis in the US is ongoing and impact will be felt for years

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