Digitisation and proposed ARC for bad loans and development financial institution will help the banking industry reboot. The 25th edition of the BT-KPMG Best Bank Study brings you future ready banks and Fintechs

Apart from HDFC Bank, ICICI Bank and State Bank of India (SBI) ranked second and third, respectively, for showing a quick transformation to serve the citizens through the arterial reach

India Stock Market Highlights Today: ICICI Bank followed by ONGC, HDFC, L&T, SBI, HDFC Bank, IndusInd Bank and Bajaj Finance were among the top gainers on Sensex today. On the other hand, Tech Mahindra, Infosys, HCL Tech, TCS, Nestle India and Maruti were in the red

India Stock Market Highlights: Reliance Industries, followed by HCL Tech, TCS, Asian Paints, Bajaj Auto, Infosys and HUL were among the top losers. On the other hand, ICICI Bank, IndusInd Bank, Bharti Airtel and SBI were among the gainers

Soon after the spread of coronavirus, FM Sitharaman, in a relief to the employees and employers, reduced the mandatory monthly EPF contribution to 10 per cent of the basic salary from 12 per cent for the months of May, June and July

From banking and logistics to governance, the public ledger technology is helping cut cost and time, enhancing efficiencies

Fintechs' ties with banks and NBFCs have come under the Reserve Bank of Indias scanner for shoddy practices. Here is the inside story

When you produce physical gold to the bank, it values the commodity based on its purity and as per the existing market price, and RBI-prescribed LTV, it sanctions you a loan amount

From using technology to sell financial products to being tech companies that use AI, Big Data and analytics for offering customised services, the banking industry will see a major shift

Kishore Biyani is staring at a major debt crisis. Here is why the options for the Future Group Chairman are limited

The financial services sector is witnessing the adoption of new technologies and business model changes, albeit in different and innovative ways

The announcement comes after the Reserve Bank of India extended moratorium on equated monthly instalments (EMIs) of loans by three months till August 31, 2020

Observing the need gap, two start-ups LazyPay and Spocto have launched products that will help you figure if you require the moratorium or not

Coronavirus lockdown has created multiple landmines in the financial services sector. This is how banks and NBFCs are preparing for life post-coronavirus

Yes Bank Crisis: This development comes a day after the Yes Bank's newly appointed administrator, Prashant Kumar reportedly said that the moratorium on withdrawals could be lifted by Saturday

Yes Bank needs between Rs 20,000 - 22,000 crore to revive. SBI's risks will be ring-fenced with maximum exposure of Rs 10,000 crore. Yes Bank will not be merged with SBI but will remain an associate bank

While you will have to make alternative arrangements for the short-term, you must know your money in the YES Bank account is safe

With an innovative credit check and flexible repayment model, NeoGrowth has built a profitable business in digital lending to MSMEs

Agility, fast decision-making and willingness to experiment will help staid and process-oriented sectors such as banking transform

Even as banks lower their NPAs for the year, new areas of stress are emerging that may create headaches for the financial sector and the RBI