Open Banking Expands Into SMB Lending, Smaller Banks
Open banking and bank-FinTech collaboration can be an effective way for financial institutions (FIs) to launch new digital products. But the latest initiatives reveal a growing interest […]
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Why co-operative banks don’t want to convert into small finance banks
Conversion as SFBs would require UCBs to give up their universal bank status to become ‘narrow banks’ Urban co-operative banks (UCBs) have not warmed to […]
Govt set to inject Rs 2000 crore into fraud-hit Punjab National Bank by next week
Unless PNB gets fresh capital in time, it may be unable to make the payment because an unprecedented loan-fraud wiped out its profits and pushed […]