Wednesday, May 12, 2021
Home > Finance News

Geojit inks pact with Punjab National Bank to offer three-in-one account

and joined hands to tap retail customers, who are aiming to save more and betting big on capital markets amid pay cuts and falling income levels. Both the entities signed an agreement to offer a “three-in-one account”, which will combine savings and demat accounts of the bank with

Read More

Bad bank chief: Government again taps SBI’s talent

(This story originally appeared in on May 12, 2021)MUMBAI: The proposed ‘bad bank’, which will help public sector lenders clean up their loan books, has got its first senior executive — Padmakumar Madhavan Nair. According to sources, Nair, who is chief general manager in charge of stressed assets

Read More

Microfinance institutions want more from RBI

Anticipating fresh erosion of collection efficiency and liquidity following the catastrophic second wave of the coronavirus pandemic, the microfinance sector has lobbied for further financial assistance from the Reserve Bank of India. Industry association Sa-Dhan has sought an emergency credit line for their members of up to 25 per cent

Read More