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On an average, valuation multiples of fintechs have fallen to 4x in 2023 from 20x in 2021. Similarly, equity funding…
The development has come ahead of Bandhan Bank’s managing director and chief executive officer Chandra Shekhar Ghosh’s retirement from the…
The term of Chandra Shekhar Ghosh, MD and CEO of the bank is coming to end on July 9.
Hinduja Group, the successful resolution applicant of RCap, had sought a 90-day extension to the earlier deadline of May 27…
Concerned with increased dependency of NBFCs on bank borrowings, the RBI, in November last year, increased the risk weight for…
As per the convention, the chairman is appointed from a pool of serving managing directors of SBI.
Launched in 2017, JM Financial Home Loans is a part of the JM Financial group’s retail mortgage segment.
In his first interaction after taking charge on April 29 this year, Rebello tells FE that the NBFC will grow…
Tyagi will take charge from Ritesh Kumar on July 1, 2024
The group is also in discussions with Crisil, Icra and CARE for rating these NCDs, sources close to the development…
Former Reserve Bank of India deputy governor SS Mundra said a risk-based approach may be needed while regulating non-banking financial…
According to the RBI data for sectoral deployment of credit, bank loans to NBFCs comprise 9.4% of the overall non-food…
New life-cycle scheme to allow 50% equity investment till age of 45
As expected, banks experienced some relief from tight liquidity in the first week of this month.
Green deposits are long-term deposits used to fund climate-friendly projects and develop a green financing ecosystem.
However, the return on assets will remain higher than the 20-year sectoral average of 0.75% and the 10-year sectoral average…
Discussion paper says resolution plan shall not extinguish the rights of the creditors to enforce guarantees
Banking return of assets (RoA) is expected to moderate to 1.1-1.2 per cent this fiscal. Per a CRISIL Ratings report,…