Government to infuse Rs 42,000 crore in PSU banks by March; next tranche likely in December

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2PUgaOq

Read more »

Whopping 2.38 lakh ATMs could be shut down; what it means for you, why there’s a threat: All you need to know

Last week, the Mumbai-based trade association for outsourcers of cash machines CATMi said that changes in the regulatory landscape have made the business unviable and they could lead to shutting down of 50% of the country's ATMs by March next year.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2Qjoy9v

Read more »

Central Scrutiny Centre: An algorithm will now sniff out risky firms

To make sure sudden defaults don't occur at big companies, the government will use artificial intelligence to sniff out risky companies.

from Banking/Finance-Industry-Economic Times https://ift.tt/2DYXt5L

Read more »

Whopping 2.38 lakh ATMs could be shut down; what it means for you, why there’s a threat: All you need to know

Last week, the Mumbai-based trade association for outsourcers of cash machines CATMi said that changes in the regulatory landscape have made the business unviable and they could lead to shutting down of 50% of the country's ATMs by March next year.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2Qjoy9v

Read more »

PCA banks shunning lumpy corporate loans, switch focus to retail pie

Such lenders are competing with the likes of ICICI Bank and HDFC Bank for home loans and car loans, wresting market share.

from Banking/Finance-Industry-Economic Times https://ift.tt/2Kz96k2

Read more »