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PM Modi calls for deeper UPI links with overseas payment systems

New Delhi, Sept. 8 -- Prime Minister Narendra Modi on Tuesday called for the next phase of India's UPI expansion to go beyond making the payment system available overseas and focus on linking UPI with... Read More


LIC@70. Older, savvier, and more ambitious

New Delhi, Aug. 31 -- Remaining India's No. 1 life insurer 70 years since inception and 26 years after the insurance sector was opened to private and foreign players is a remarkable achievement in its... Read More


LIC may raise NSE stake, targets presence in every panchayat

New Delhi, Aug. 30 -- Life Insurance Corporation of India (LIC), one of the largest shareholders in the National Stock Exchange (NSE) with a 10.72 per cent stake, may consider increasing its stake in ... Read More


'Market share is not merely a number', says CS Setty, as SBI eyes Rs.200 lakh crore business by FY30

New Delhi, Aug. 23 -- State Bank of India (SBI), the country's largest lender, has set its sights on its next big landmark - building a Rs.200 lakh crore business franchise. Having already crossed the... Read More


We are MUFG's strong retail arm: Shriram Finance chief Umesh Revankar

New Delhi, Aug. 17 -- Shriram Finance Ltd (SFL) is working on a synergistic relationship with MUFG Bank. The non-banking financial company (NBFC) will fund the clients of the corporates supported by t... Read More


L&T Finance's Lakshya is delivery: Sudipta Roy

New Delhi, Aug. 3 -- L&T Finance expects to complete its transformation into a diversified retail financial services company by 2031, with a strong presence across both urban and rural India. In ... Read More


'We are committed to ensuring financial stability'

New Delhi, July 27 -- Ahead of the upcoming Monetary Policy Committee meeting in August, Reserve Bank of India Governor Sanjay Malhotra sat down withbusinesslineon Sunday for a comprehensive interview... Read More


Saraswat Co-op Bank charts out ambitious plan to double total biz to Rs.2 lakh crore, become a pan-India bank within 6 years

New Delhi, July 23 -- Saraswat Co-operative Bank has chartered out an ambitious growth plan to double its total business (deposits plus advances) to Rs.2 lakh crore and become a pan-India bank within ... Read More


Small Finance Banks seek level playing field in co-lending market

New Delhi, July 10 -- Small finance banks (SFBs) are making a fresh push for being allowed to participate in co-lending arrangements with banks and non-banking financial companies (NBFCs) so that they... Read More


'Small' only in name, not in reach

New Delhi, July 6 -- It has been close to a decade since small finance banks (SFBs) commenced operations. These niche banks, set up to further financial inclusion, have given a good account of themsel... Read More