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Sunday, December 20, 2020

Bank of Baroda completes integration of erstwhile Dena, Vijaya banks with itself

The bank has completed the integration of 1,770 erstwhile Dena Bank branches in December 2020, and had earlier completed the integration of 2,128 erstwhile Vijaya Bank branches in September 2020, the lender said in a release.

from Banking/Finance-Industry-Economic Times https://ift.tt/38mWB7K
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Star Health Insurance aims premium collection of Rs 10,000 cr in FY21

Standalone health insurance player Star Health and Allied Insurance Co Ltd which has been growing at a rate of around 45 per cent year-on-year in the current fiscal, is looking for a premium collection of Rs 10,000 crore in the current fiscal.

from Banking/Finance-Industry-Economic Times https://ift.tt/34uV26F
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PayPal faces Rs 96 lakh penalty for violating India's anti-money laundering processes

PayPal, which began India operations in November 2017, said it was fully committed to follow due processes and is "carefully reviewing the matter".

from Banking/Finance-Industry-Economic Times https://ift.tt/37zSrKD
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Home loan ticket size up to over Rs 26 lakh in 2020 on incentives, non-metro demand growth: Report

Due to the pandemic, people's priorities have changed and they are evaluating their spends and investments very closely, the fintech player said in its third edition of 'BankBazaar Moneymood 2021' report.

from Banking/Finance-Industry-Economic Times https://ift.tt/34vKRhX
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Public sector banks to raise Rs 25,000 crore in next 3 months: DFS Secretary

Public sector banks (PSBs) are planning to raise about ₹25,000 crore through a mix of equity and debt in the next three months to support credit pick

from Business Line - Money & Banking https://ift.tt/37yabG0
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