by newsworm | Feb 4, 2025 | Banking, RBI
The Ministry of Finance, Pankaj Chaudhary, informed the Rajya Sabha that as of March 2024, there were 2,664 unique borrowers, excluding individuals and overseas borrowers, classified as wilful defaulters. This number has decreased from 160 in the FY22 to 42 in FY24,... by newsworm | Feb 4, 2025 | Bank of Baroda, Banking
Here is a summary of the content in 400 words: Bank of Baroda, one of India’s leading public sector banks, recognized Mr. Pranav Soorma, an Officer of the Bank and recipient of the prestigious Arjuna Award 2024, for his outstanding achievements in Para... by newsworm | Feb 4, 2025 | Banking, RBI
The Tata Group has made a massive move by selling its 100% stake in Tata Communications Payment Solutions (TCPSL) to Transaction Solutions International (TSI), an Australian fintech company. The Reserve Bank of India (RBI) has approved the deal, valued at Rs 330... by newsworm | Feb 4, 2025 | Au Small Finance Bank, Banking, State Bank of India, Ujjivan Small Finance Bank, Utkarsh Small Finance Bank
Fixed Deposit (FD) schemes are a popular way to save money and earn returns, with the guarantee of getting the principal amount back after a fixed period along with interest. Major banks such as SBI and PNB offer interest rates up to 7%, while small finance banks... by newsworm | Feb 4, 2025 | Banking, IDFC Bank
IDFC First Bank has announced changes to the terms and features of its credit cards, which will take effect on February 20, 2025. The changes include revisions to the Annual Percentage Rate (APR), fuel fee and surcharge waiver, statement and payment due date,...