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German banks are having a second at this time

Commerzbank CEO Martin Zielke and board chairman Stefan Schmittmann offered to resign Friday, bowing to ratcheting power from the financial institution's second-largest shareholder, Cerberus,...

WFH could ‘Uberise’ some bank jobs

MUMBAI: With banks adopting the work-from-home (WFH) model, there is a possibility that some jobs could go the Uber way with employees deciding which...

Federal Bank bets on gold loans to drive credit demand in sluggish economy

MUMBAI: Federal Bank is focusing on safer gold loans amid the COVID-19 pandemic and hopes to grow faster than last year in the segment...

India’s greatest pvt sector lender, HDFC Bank lends Rs 10,800 cr in Q1 FY21

Country’s greatest personal sector lender HDFC Bank has lent Rs 10,800 crore within the first quarter ended June 2020 (Q1Fy21), a duration marked via...

COVID-19 led to massive call for destruction out of the country: Bankers

KOLKATA: The COVID-19 pandemic has led to "demand destruction" within the out of the country markets and it's prone to proceed for the following...

No relief for Mudra Shishu loan borrowers during moratorium

KOLKATA: Mudra Shishu loan debtors choosing moratorium on their current money owed would now not get the two% pastime subvention underneath the Centre’s Covid-19...

Deepak Parekh backs RBI moratorium, requires actual property mortgage restructuring

  Housing Development Finance Corp Ltd (HDFC) chairman Deepak Parekh has referred to as for a one time restructuring of actual property loans to lend...

Niti Aayog plans to rent leader economist

  NEW DELHI: Niti Aayog is making plans to rent a major economist on the think-tank underneath its flexi pool and has sought applications for...

Banking Act modification is credit score certain for depositors, says Moody’s

  MUMBAI: The Indian govt's modification to the Banking Regulation Act, which permits the Reserve Bank of India (RBI) to begin resolution of a susceptible...

UPI payments hit all-time high of 1.34 bn transactions in June

NEW DELHI: Payments on Unified Payments Interface (UPI) in June hit an all-time high of 1.34 billion in terms of volume with transactions worth...

Prospective traders point out urge for food for YES Bank FPO at cut price

  Set to release its follow-on public be offering (FPO) by means of the center of this month, YES Bank is getting an indicative value...

Govt approves scheme to improve liquidity position of NBFCs, says RBI

  The govt has authorized a scheme below which the eligible non-bank lenders might be equipped momentary liquidity thru a unique objective car (SPV) arrange...

Quick

Health insurers feel the brunt as Covid claim amounts...

  Mumbai: India’s health insurance sector is feeling the financial...

Lupin’s recall of metformin formulations in the US to...

Lupin’s recall of Metformin extended-release tablets from the US...

Lockdown effect: Tips to take care of elderly living...

Ensure you are taking care of older people...

Throwback Tuesday: When Abhishek Bachchan watched Tamil model of...

Abhishek Bachchan not too long ago finished 20 superb...

After India, now US says certainly looking at banning...

US Secretary of State Mike Pompeo has mentioned the...

Amazon shares advance deeper into record territory, analysts can’t...

Amazon.com Inc. rallied on Monday, with the stock extending...

Opinion | Accelerating staff intelligence amidst covid-19

The unfold of covid-19 has created an awesome impact...