by OverviewFX | Sep 3, 2024 | Banking & Finance
The aggregate loan loss provisioning by publicly listed banks in the June quarter increased to a four-quarter high led by a select banks including public sector banks (PSBs) such as State Bank of India (SBI) and Central Bank of India and private sector banks such as...
by OverviewFX | Sep 3, 2024 | Banking & Finance
New Delhi, A study by markets regulator Sebi highlighted flipping behaviour among investors in the initial share-sale market with investors (excluding anchor) selling 54 per cent of IPO shares allotted to them by value within a week. The study found a strong...
by OverviewFX | Sep 3, 2024 | Banking & Finance
Lucknow, The Pradhan Mantri Mudra Yojana is benefitting a large chunk of people in Uttar Pradesh, as more than 11 lakh residents have received loans to the tune of Rs 11,000 crore in the financial year 2024-25 alone. The penetration of the Central government scheme...
by OverviewFX | Sep 3, 2024 | Banking & Finance
In response to the growing incidence of payment fraud, payment aggregators are planning to establish a centralized “negative database” to track and prevent fraudulent transactions. This initiative aims to create a repository containing information on...
by OverviewFX | Sep 3, 2024 | Banking & Finance
~ Samriddhi Singh MaharAccording to latest data by the Bombay Stock Exchange, released on the last week of August, private banks HDFC Bank and ICICI Bank and public sector bank SBI lead the race in list of banks with highest market capitalisation.While various metrics...
by OverviewFX | Sep 3, 2024 | Banking & Finance
The financial sector needs a detailed and joint approach to address various challenges faced by MSMEs, Sebi Whole-Time Member Ashwani Bhatia said on Monday. In a special address on ‘Unlocking the True Potential of MSMEs: Financing Options’ session at the...
