ICICI Bank Q2 net profit up 30%

Net interest income increased by 25 per cent year-on-year

from Business Line - Money & Banking https://ift.tt/2ZnpEHB

Read more »

Razorpay launches card tokenisation solution in partnership with Mastercard, RuPay and Visa

Almost the entire base of five million businesses using Razorpay’s services will be ready to support tokenised card transactions

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

Read more »

Bitcoin and why its value has rocketed once again

The cryptocurrency soared past its all-time high of $64,895 to the new record of $66,975 following the launch of an ETF

from Business Line - Money & Banking https://ift.tt/3niRA7v

Read more »

Federal Bank net profit surges 50%, asset quality improves

Provisions and contingencies were lower at Rs 245.33 crore, compared with Rs 532.09 crore in the year-ago period. The provision coverage ratio (including technical write-offs) is reported at 79.33%.

from Banking & Finance – The Financial Express https://ift.tt/3jtru0m

Read more »

Must address systemic risk arising out of growing NBFCs: RBI deputy governor M Rajeshwar Rao

The deputy governor observed that there has been a consistent and conscious understanding that a one-size-fits-all approach is not suitable for the NBFC sector, which includes a diverse set of financial intermediaries with different business models serving a heterogenous group of customers and exposed to different risks.

from Banking & Finance – The Financial Express https://ift.tt/3jtj752

Read more »