Budget 2020

PSBs get more retail credit inquiries than private banks during Jul-Aug: Report

Mumbai: The state-run lenders are seeing faster pick up in retail credit inquiries than their private counterparts on quicker reopening of branch network, a report by a credit information company (CIC) said on Tuesday. Despite the inroads done by digital alternatives, through which lenders are receiving inquiries and even disbursing loans online, branch offices continue […]

Budget 2020

Reserve Bank of India looks to sort out e-KYC matter for non-bank lenders

Kolkata: The Reserve Bank of India and the government are working closely on how to allow the Aadhaar-based digital customer authentication facility to non-bank entities to help them to reach out and cater to a wider section of population, two people familiar with the matter said. This assumes significance amid the spread of coronavirus when […]