Ujjivan Small Finance Bank plans giant technological strides
Launched in 2015, Ujjivan SFB hired former head of digital initiates at HDFC Bank, Nitin Chugh, as its MD and CEO last December Ujjivan Small […]
Small Banking
Consortium Provides Powerful Innovation Platform for Smaller Banks
Innovation is one of the fundamental requirements for banks and credit unions to remain competitive in the future. While the largest financial institutions have spent […]
Small Business Lending Soars at Banks; Technology Is A Big Reason Why
Approval rates for small business loan applications reached a record high of 27.5% at big banks ($10 billion+ in assets) in April, up one-tenth of a percent […]
Accelerating economic growth, disposable incomes key to banks’ deposit mobilisation
Accelerating the rate of growth of the economy and disposable incomes holds the key to higher deposit mobilisation by the banking system, says an RBI paper. The […]
Central bank cuts reserve ratios for small banks
The central bank announced it will lower reserve requirement ratios for small and medium sized banks which mainly serve local companies. The adjustment is part […]
Lots of PSU banks and smaller private banks suitable M&A candidates: Krishnan ASV, SBICAP Sec
Very clearly, this polarisation has existed for a very long time in the BFSI sector. Well-run NBFCs, that tend to deliver consistent shareholder returns, are […]
Small Business, Big Deal – Lessons Learned from Online Lending Trends
Each April, the New York Federal Reserve releases a survey around business owners’ borrowing preferences. Surveys conducted in the past three years point specifically to […]
We are back with original NBFC avatar rather than a bank avatar: Sanjay Agarwal, AU Small Finance Bank
We were a non-banking finance company (NBFC) for 22 years. It takes some time to understand this platform, the challenge, opportunity as well as the […]
Large banks more efficient, scope for more mergers in the sector: RBI study
The RBI analysis suggests that PSBs scored relatively better than other bank groups. Large banks tended to be more efficient than small banks as they […]
A Small Bank in Germany Is Now Nearly 30% Owned by Crypto Companies
Almost 30 percent of the equity in WEG Bank AG, a previously obscure German bank focused on the real estate industry, is now owned by […]