Tag: Banks

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Soon, banks to add additional KYC verification layers; check details

New KYC updation course of quickly? Banks are engaged on strengthening their KYC (Know Your Customer) requirements by including additional verification layers to...

5-day work week for banks? Here’s what the proposal from United Forum of Bank Unions states | India Business News

5-day week for banks quickly? The United Forum of Bank Unions, a coalition of financial institution worker unions, has written a letter to...

Banks cede microfinance ground to NBFCs

MUMBAI: Banks' share within the excellent loans to microfinance firms has dropped to 31% in Sept 2023 from 40% in Sept 2021. Banks...

Home loan, other loan interest rates revised: List of 8 banks with new rates in January 2024 | India Business News

Loan interest rates: Several banks have lately adjusted their lending rates in January 2024, particularly specializing in the Marginal Cost-Based Lending Rates (MCLR)....

Banks: Bad assets of banks continue to decline, Indian economy remains resilient: RBI report

MUMBAI: Reserve Bank of India on Thursday launched the twenty eighth concern of the Financial Stability Report, December 2023 reflecting the collective evaluation...

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