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  • Why do so many MNC banks give up pursuit of retail El Dorado in India?
    on April 17, 2021 at 5:18 am

    A few years later in 2007, ABN Amro, which had acquired Bank of America’s retail business in 1998, sold out to RBS following a global deal. In the last decade, Deutsche Bank, ING, RBS and HSBC sold significant portions of their retail businesses in the country.

  • MFIs better prepared to deal with disruptions due to rising COVID-19 cases: MFIN CEO
    on April 16, 2021 at 4:53 pm

    Over the past year, microfinance institutions (MFIs) have streamlined their processes, trained field staff on COVID-appropriate behaviour and in dealing with lockdowns, and focussed on digitisation, and these steps will help them in managing any kind of situation, Microfinance Institutions Network (MFIN) CEO Alok Misra said.

  • SBI puts up for sale NPA account MSP Metallics
    on April 16, 2021 at 4:46 pm

    “In terms of the bank’s policy on sale of financial assets, in line with the regulatory guidelines, we place the…accounts for sale to ARCs/ Banks/ NBFCs/ FIs, on the terms and conditions indicated there against,” SBI said in a sale notice on its website.

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