Lentra to venture into Indonesia, Philippines, Vietnam

Pune-based digital lending platform Lentra to deploy $60-m funding for overseas expansion

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Banks see record growth in vehicle loans in Q3

The festival demand, proactive marketing tie-ups with auto dealers drive growth

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City Union Bank posts ₹218-crore net in Q3

Interest income grew 16 per cent at ₹1,206 crore as against ₹1,035 crore

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L&T shelves plan to apply for banking licence

The company is now focusing on retail business through its non-banking finance arm

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CUB mBank Plus: How to open fixed deposit in City Union Bank online

Guide to create FD with City Union Bank’s mobile banking app

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Sundaram Home Finance eyes disbursements of over ₹10 crore in small biz loans

Chennai-headquartered company has stepped up presence with the inauguration of an exclusive small business loans branch in Coimbatore

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Interest rate revision needs to be viewed from depositors’ point of view too: Shaktikanta Das

MPC has a mandate to maintain price stability, pointed out the RBI Governor

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BoM launches its own private cloud platform to strengthen digital infra

Also upgrades its mobile banking application

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Barclays likely to sell down exposure to Adani group

Among the lead lenders to fund 2022’s ACC- Ambuja takeover

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Finance Minister urges IMF to develop globally coordinated approach to crypto asset regulations

Sitharaman also thanked IMF for the support that it had been providing to the G20 Indian presidency on various work streams under the G20 FinanceTrack

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India’s new infrastructure lender plans debut $610 million bond

NaBFID wants to test the market in terms of pricing with the small issuance: MD Rai

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RBI to test QR-code based coin vending machines

RBI has announced its decision to extend UPI facility to inbound travellers

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SBI expects home loans in TN to grow to ₹8500 cr in FY23

SBI’s home loan book for Tamil Nadu and Puducherry grew by ₹5,320 crore during April-December 2022

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RBI hikes repo rate by 25 bps to 6.5%

The decision of the MPC was announced by RBI Governor Shaktikanta Das

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South Indian Bank launches wealth management platform

SIB Wealth is aimed at the bank’s high-net-worth individuals

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SBI has 'well-manageable' exposure to Adani Group: CreditSights

SBI's total exposure to Adani group was 0.9% of its total loan book: Chairman Dinesh Kumar Khara

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Sundaram Finance posts 20% rise in Q3 net at ₹243 cr

The company has also declared an interim dividend of ₹12 per share

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Bike Bazaar raises $10 million, closes its Series D round

The compnay would use the funds to penetrate into rural India, in line with the uptick in personal mobility needs

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Kotak Mahindra Bank in fray for stake in IDBI Bank

Likely to retain IDBI Bank as subsidiary

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No systemic risk to the Indian financial system: Uday Kotak

Time to further strengthen Indian underwriting and capacity building, tweeted Kotak

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