
Mallya repeats offer to repay 100% to banks
‘I wish the FM would listen in this time of crisis,’ the beleaguered industrialist tweeted; he has challenged an extradition warrant against him in the U.K.
‘I wish the FM would listen in this time of crisis,’ the beleaguered industrialist tweeted; he has challenged an extradition warrant against him in the U.K.
Allowing fintechs some runway with the eventual goal of bringing parity between them and traditional financial service providers is a tight balancing act.
The performance of banks in rural and MSME lending has been inadequate even after the considerable expansion of the scope of priority-sector loans.
As shopping on mobile phones increases, India’s biggest NBFCs Bajaj Finserv and Bajaj Finance have big plans to expand their digital footprint.
Formerly JRG Securities, Inditrade recently divested its equity broking arm and is now betting big on microfinance and housing finance, with a special focus on empowering women entrepreneurs.
The bank says the 250% quarter-on-quarter increase in slippages is largely due to RBI’s new NPA recognition & resolution norms.