Kolkata: The share of microfinance portfolio turning overdue early rose in April while the later stage portfolio at risk showed improvement, data from CRIF high Mark showed.The portfolio at risk (PAR) for the 1-30 day bucket rose to 0.8% in April from 0.6... See more
Canara Bank has recovered over half of its ₹500 crore exposure to Rajesh Exports and is seeking legal remedies for the balance amount, managing director & chief executive officer Brajesh Kumar Singh said in an exclusive interaction with Atmadip Ray. H... See more
Listen to this article in summarized format FCNR-B) deposits to attract inflows from the Indian diasporaafter Reserve Bank of India's ( RBI) assurance it would bear the entire hedging costs. Some believe the rates offered would match those given to domest... See more
KOLKATA: Banks are likely to offer about 200 basis points higher interest rates on foreign currency non-resident-bank (FCNR-B) deposits to attract inflows from the Indian diaspora after Reserve Bank of India's (RBI) assurance it would bear the entire hedg... See more
Listen to this article in summarized format The most attractive feature of the scheme is the at-par swap arrangement, which provides banks with a concession of at least 280-300 basis points compared with the prevailing market swap cost. The central bank s... See more
