It may make sense to invest in FDs of small finance banks only after studying the balance sheet and the fundamentals of such banks
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Gold loan growth at the prominent gold NBFC companies is projected to pick up in the third quarter, as per the report
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The apex bank has asked the scheduled commercial banks to review and modify their payment systems to ensure easier accessibility to persons with disabilities.
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The rating agency Icra says that the organised gold loan market is set to cross Rs 10 trillion in the current fiscal and reach 15 trillion by March 2027
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The gold loan portfolio of non-banking financial companies (NBFCs) to expand by 17-19 per cent in FY25 amidst yield pressure moderation
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The rating agency Icra says that banks’ bond issuances likely to reach Rs 1.2 to 1.3 trillion in FY2025 amid tight liquidity
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Proposed changes in liquidity coverage ratio framework to further moderate the reported liquidity coverage ratio (LCR) and constrain the credit growth for banks
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Children need to be introduced to the concept of saving, spending, and sharing, perhaps by dividing their allowance into these categories
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"No material impact envisaged on the deposit-accepting HFCs, given their adequate on-balance sheet liquidity and their deposits being within the prescribed ceiling," Icra says
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In a meeting in New Delhi on Tuesday, Department of Financial Services (DFS) Secretary Dr. Vivek Joshi chaired a meeting where initiatives such as CKYC, the Jan Samarth portal, Aadhar seeding, and other relevant schemes were reviewed.
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