Guwahati: The devastating Assam flood is likely to impact the business of the micro-finance institutions (MFI) banks, which have a wider rural reach. Assam forms…
As a result of the conciliatory meeting arranged by Chief Labour Commissioner S C Joshi yielding no resolution, the all-India bank strike scheduled for June 27 remains in effect, according to CH Venkatachalam, General Secretary of AIBEA.
Guwahati: Recording over a two-fold jump in its net profit in the fiscal year ended March 2022, Canara Bank aims to improve its bottom line further with a balanced focus on advances to retail, big and small businesses, coupled with greater focus on digitisation.
Guwahati: Axis Bank, a private sector lender, has increased interest rates on fixed deposits under Rs. 2 crore.
Guwahati: HDFC Bank announced today the signing of a memorandum of understanding with 100X. VC, a premier early-stage venture capital company, to deepen its engagement with the startup ecosystem.
Guwahati: HDFC Bank has announced a full value outward remittance service for trade and retail clients in US Dollar (USD), Euro (EUR), and Pound Sterling (GBP).
Guwahati: Banks of the Kamrup Metro District have sanctioned a total of 3752 loan proposals on June 8. In total, loan proposals to the tune of Rs. 297.79 crores were sanctioned by 34 banks in the district today.
Guwahati: The Reserve Bank of India (RBI) raised the benchmark repo rate by 50 basis points (bps) to 4.90 percent on Wednesday in an effort to curb the country’s surging inflation.
Guwahati: Union Bank of India and Small Industries Development Bank of India (SIDBI) have signed a Memorandum of Understanding (MoU) for a Co-Financing arrangement for MSMEs. Lal Singh, Chief General Manager of Union Bank of India, and Vivek Kumar Malhotra, Chief General Manager of SIDBI, signed the MoU.
Guwahati: Airtel Payments Bank has expanded its digital banking product range by providing its clients with simple access to credit. Bank clients may now apply for a gold loan from Muthoot Finance via the Airtel Thanks app in less than a minute.