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Saturday, August 14, 2021

India attracts $2 billion in fintech investment in H1 of 2021: Report

Insurtech has also been gaining popularity among investors

from Business Line - Money & Banking https://ift.tt/3shxexE
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DICGC Act amendment may encourage merger of weak UCBs with stronger banks

DICGC can now defer or vary the time limit for receipt of repayments due to it from the insured bank or the transferee bank

from Business Line - Money & Banking https://ift.tt/3m4yKlE
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Ujjivan SFB plans to apply for reverse merger by early November

Q2 optimistic on business and collections, says MD and CEO

from Business Line - Money & Banking https://ift.tt/3yLNXLL
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Muthoot Finance expects gold loan business to drive bottom line in Q2

“We should be seeing growth in the non-gold business only from the third quarter. Vehicle finance and home loan sector has not picked up so far and is still in difficulty,”George Alexander Muthoot, managing director, Muthoot finance, said.

from Banking & Finance – The Financial Express https://ift.tt/2VSCmMm
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Friday, August 13, 2021

Unbundling of banking services is a reality, says MK Jain, RBI Deputy Governor

He further added that technology is revolutionising the competitive landscape in the financial system.

from Business Line - Money & Banking https://ift.tt/3sbYZHW
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