Fintech

India’s new bad bank faces a $27 billion debt mountain

A bad bank slated to open this month in India could help lower one of the world's worst bad-loan piles, but market...

Despite the pandemic, banks see a record profit of 1 lakh Rupees

MUMBAI: In FY21, the banking sector made it’s highest-ever earnings of 1,02,252 crore, despite the economy being hit by the pandemic. This...

SBI will take charge for ATM cash withdrawal, cheque book charges from July 1

For State Bank of India (SBI) customers, The largest commercial bank in India is going to change its...

NARCL and China Huarong’s NPA management lessons for India

China is battling with one of its largest bad banks, China Huarong Asset Management Co. Ltd., as India prepares to launch a...

Latest articles

Debt Recovery Ecosystem in India, Impact of Phygital Debt Collection, and the Way Forward: Mobicule Technologies’ Siddharth Agarwal

In the past few years, India has observed a massive transformation across industries owing to digitisation, new communication channels, and stringent regulatory...

HMD Global Launches Nokia C32: Fashionable Design, Powerful Imaging, and Android 13!

HMD Global, the leading manufacturer of Nokia phones, has announced the launch of the Nokia C32, the latest addition to the popular...

Indian govt likely to reopen semiconductor application worth $10 billion to attract global chip companies

A day after India's IT Minister Ashwini Vaishnaw interacted with the leadership team of  Semiconductor Equipment and Materials International (SEMI), which is the...

Gautam Adani Climbs to Top 20 on Billionaires List with a Net Worth of $64.2 Billion

Indian business tycoon Gautam Adani, chairman of the Adani Group, has achieved a significant milestone by reentering the top 20 on the...