Rai alleges communication breakdown between Banks Board Bureau and govt     Mon, 19 Mar 2018 22:58:00 +0530

Rai said the BBB was not aware of progress made on reforms as "there has been no further engagement with the government"

NPCI asks banks to reject UPI transactions from non-compliant apps     Mon, 19 Mar 2018 21:54:00 +0530

Circular makes it mandatory for all UPI apps to support transmission of money through VPA, generate QR codes for Bharat QR or UPI QR

CBI charge sheet against ex-Canara Bank CMD in Rs 680-mn loan default case     Mon, 19 Mar 2018 19:10:00 +0530

The agency has alleged that Guptas knew Dubey and used the connection in getting loans

Nirav Modi indirectly challenging PMLA case via his firm: ED to Delhi HC     Mon, 19 Mar 2018 18:03:00 +0530

The company's plea was misconceived and premature, the ED said, adding it was presently at the stage of search and seizure as well as retention of records

Axis Bank customers with balance of Rs 100 mn and above to get 6% interest     Mon, 19 Mar 2018 17:04:00 +0530

New rate will be effective March 19

Rs 129-billion scam fallout: RBI to resolve impasse over PNB liabilities     Mon, 19 Mar 2018 07:00:00 +0530

Finance ministry officials said the central government was not authorised to examine loan accounts above Rs 50 million and hence could not resolve the disputes among banks

Corruption at regulator? Irdai member aided, abetted graft, says SAT     Sun, 18 Mar 2018 07:15:00 +0530

The tribunal has directed Irdai to entrust the matter to an officer other than Joseph for passing a fresh order

PNB scam fallout: Here's why banks must relook at indemnity policies     Sun, 18 Mar 2018 07:05:00 +0530

Given the reluctance to part with data and tendency to minimise the risks, those in the segment say banks need to seriously relook at whether they're covered for a PNB-type case

Low operating expense, high yields to help NBFCs' grow their rural books     Sat, 17 Mar 2018 23:40:00 +0530

Bajaj Finance Limited increased their urban outlet network by 40.3% to 529 stores at the end of December 2017

Rs 91-million Chandri Paper fraud reported to CBI on February 13, says PNB     Sat, 17 Mar 2018 18:46:00 +0530

Fraud had already been declared in respect of the fradulent and unauthorised issuance of two LoUs for Rs 91 million

Farmers protest: Banks give crores to Nirav Modi, what about us? updates     Sat, 17 Mar 2018 16:51:00 +0530

Nirav Modi had acquired land of the farmers by conning them