Finance news

The penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47A(1)(c) read with Section 46(4)(i) of the Banking Regulation Act, 1949, it said.

On-tap licences for small finance banks to see many applicants this year  Business StandardRead more about On-tap licences for small finance banks to see many applicants this year on Business Standard. The on-tap licensing of SFBs comes even as ...

Finance Ministry starts Twitter quiz on Budget 2019  MoneycontrolThe full budget for 2019-20 will be presented in Parliament on July 5 by Finance Minister Nirmala Sitharaman.

Personal Finance App Dave Launches Mobile Banking; Raises $110 Million In Debt  ForbesDave, the personal finance app backed by Mark Cuban is getting into the mobile banking market, launching Dave Banking and announcing it raised $110 ...

Libra: Facebook launches cryptocurrency in bid to shake up global finance  The GuardianDigital currency will let billions of users make transactions, but is already facing opposition from US lawmakers amid privacy concerns.

Meghalaya to seek support of Finance Ministry for hosting  Business StandardRead more about Meghalaya to seek support of Finance Ministry for hosting on Business Standard. The Meghalaya government will soon seek the support of ...

Aye Finance gears up for aggressive pan India expansion  Moneycontrol.comThe fintech lender will be opening 67 new branches to *service* the credit needs of a larger number of Indian micro enterprises.

Aye Finance gears up for aggressive pan India expansion  MoneycontrolThe fintech lender will be opening 67 new branches to *service* the credit needs of a larger number of Indian micro enterprises.

Piramal eyes portfolio of housing finance company  VCCirclePiramal Enterprises Ltd has emerged as the front runner to acquire the portfolio of an embattled housing finance company, two.

Opposition slams Maharashtra government for budget leak on state finance minister's Twitter handle  India TodayLeader of the Opposition in Maharashtra Legislative Council Dhananjay Munde on Tuesday claimed that details of the state budget were leaked on the Twitter ...

Italy's finance minister plays down the idea of a parallel currency  CNBCMarket players have been wary of parliamentary discussions in Rome regarding an alternative for government debt repayments.

15 more Finance Ministry officials forcibly retired over graft charges  The HinduIn another action aimed at cleaning up government *service*, President Ram Nath Kovind on Tuesday ordered the retirement of 15 senior officials of the Ministry of ...

To improve women's access to finance, stop asking them for collateral  World Economic ForumAlmost 80% of women-owned businesses have limited or no access to credit. The reason? They lack collateral. But a new approach by lenders could change ...

Renault-Nissan alliance remains priority for French finance minister Bruno Le Maire  MoneycontrolRenault's alliance with Japanese partner Nissan remains French Finance Minister Bruno Le Maire's priority ahead of any further consolidation with the likes of ...

Is It Time To Buy Banking & Finance Stocks?  GoodreturnsThere is a saying: You either get good prices or good news, you cannot get both. Look at the banking and finance stocks today.

Indiabulls Housing Finance appoints chief risk officer  LivemintMumbai: Indiabulls Housing Finance Ltd said it has appointed a chief risk officer and complied with norms of National Housing Bank (NHB), the housing finance ...