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Agriculture And Allied Industries

Fiscal Year:

First tranche of bank recap bonds likely in December

New Delhi: The Government of India is expected to issue the first tranche of bank recapitalisation bonds worth Rs 1.35 lakh crore (US$ 20.61 billion) during the first week of Decem...

November 14, 2017

HDFC Bank moves closer to top 10 global lenders' league

Mumbai: With a market capitalisation of US$ 71.2 billion, HDFC bank has improved its position to 12th from 22nd in the list of the most valued global banks, thereby moving closer t...

October 30, 2017

NIMs to stay robust in second half of FY18: Federal Bank's Shyam Srinivasan

New Delhi: According to Mr Shyam Srinivasan, managing director and chief executive of Federal Bank, Net Interest Margin's (NIM's) of the bank rose 18 basis points to 3.31 p...

October 17, 2017

Interoperable mobile wallets in 6 months: RBI

New Delhi: The Reserve Bank of India (RBI) has instructed banks and companies to make all know-your-customer (KYC)-compliant prepaid payment instruments (PPIs), like mobile wallets...

October 12, 2017

Fintech firms look to disburse loans, offer digital expertise under Mudra

Mumbai: Financial technology (fintech) companies in India are in talks with the Government of India and the Micro Units Development and Refinance Agency Ltd (MUDRA) to participate ...

September 28, 2017

Outlook for Indian banking system stable: Moody's

Mumbai: Moody's, global rating agency, has given a stable outlook for the Indian banking system, backed by a stable operating environment and better prospects  for asset q...

September 01, 2017

Atal Pension Yojana surges ahead with 62 lacs enrolment

New Delhi: Around 6.2 million people have taken the membership under the Atal Pension Yojana (APY) which offers a guaranteed return of 8 per cent when it matures, according to the ...

August 30, 2017

SBI gears up for expected surge in affordable housing loan demand

Mumbai: India's largest lender, State Bank of India expects a sharp rise in loans for affordable homes and is operationalising extra resources in addition to rolling out a fast...

August 29, 2017
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