The Reserve Bank of India (RBI) has taken the lead in terms of emphasizing on digital banking in the country. It has ushered in several reforms already with many more lined up for the near future. The RBI has already been playing a pro-active role in the current scenario, having cut the key policy repo […]
Banking & Industry News Updates
United Bank of India ties up with Srei Equipment Finance for jointly offering loans
United Bank of India has been making headlines lately for its proposed amalgamation into Punjab National Bank (PNB) along with OBC (Oriental Bank of Commerce) in the near future. The bank has also set the foundation for a pioneering collaboration of sorts, by tying up with NBFC Srei Equipment Finance for offering loans jointly to […]
Do you actually stand to lose your hard-earned savings if your bank fails?
Multiple reforms have been transforming the Indian banking sector in recent times and the Central Government has been striving to bolster performance by infusing more liquidity into the system. Multiple measures have been taken to this effect including greater capital infusion for banks, proposed mergers for better consolidation and performance and so on. Yet, there […]
Bandhan Bank looks to scale up presence in home loan segment
Bandhan Bank has steadily carved a niche for itself in the Indian banking arena. Bandhan Bank’s specialty lies in micro-lending and is planning to increase its overall presence in the home loan category as per reports. This has happened post the portfolio takeover from Gruh Finance in recent times. The loans under Gruh Finance now […]
Doorstep banking to be started by public sector banking entities soon
The public sector banking (PSB) arena is set for a major transformation courtesy several moves made by the Central Government. Along with major capital infusion into ailing PSBs, the Government has taken several other steps with a view towards making the sector more efficient. Several bank mergers have also been proposed in this regard. Doorstep […]
