HDFC Bank to give a digital push to small business loans

Already in its pilot phase, the SmartHub Vyapar programme for merchants will be launched soon. It is an app that bundles all payment platforms - cards, UPI, QR code, tap pay and SMS-based payments.

from Banking/Finance-Industry-Economic Times https://ift.tt/k9b3LfK

Read more »

SBI lines-up 12 NPA accounts for sale to ARCs to recover dues of over ₹820 crore

On March 30, the bank will conduct e-auction of as many as six accounts with a total outstanding of ₹112.05 crore.

from The HinduBusinessLine - Money & Banking https://ift.tt/gSb5No1

Read more »

Govt working on classification of cryptocurrency under GST law

The Goods and Services Tax (GST) law does not clearly state about the classification of cryptocurrency.

from The HinduBusinessLine - Money & Banking https://ift.tt/Ux4zed5

Read more »

SBI lines-up 12 NPA a/cs for sale to ARCs to recover over Rs 820cr dues

Country's largest lender SBI has lined-up a dozen non-performing assets (NPAs) on sale to recover loan dues of over Rs 820 crore, as per the bank's notifications. In various notices on its website, State Bank of India (SBI) has put up a total of 12 bad assets for sale during this month to April 13.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/rxUsKl3

Read more »

SBI lines-up 12 NPA accounts for sale to ARCs to recover dues of over Rs 820 cr

BI said it has placed these accounts for sale to asset reconstruction companies (ARCs)/banks/Non-Banking Financial Companies (NBFCs)/financial institutions (FIs), on the terms and conditions indicated there against.

from Banking/Finance-Industry-Economic Times https://ift.tt/5dqn8BH

Read more »