Govt has finalised 6 focus areas of growth for the country and has invited around 20 to 25 individuals from the financial space for discussions under the theme of ‘Reforms in financial sector’.
In the first leg, the company will acquire Wall Street Finance’s wholly owned subsidiary Goldman Securities (GSPL) for Rs 5.1 crore.
The bank also plans to make this service available at 75 more branches across the country very soon.
The enterprise plans to augment its pan-India presence by opening 10 new branches and beefing up its existing talent pool by acquiring the right talent from the banking and financial domain.
The business of automated teller machines (ATMs), which was marketed as ‘Any Time Money’ to convey its convenience, is staring at a crisis.
Most companies, particularly small businesses, may be clueless about the enormity of a problem or assess the seriousness of a threat.
Top executives of the payments industry met the regulator and voiced their responses to the suggestions and are now waiting for the final move from the regulator.
Capital Float, which specialises in lending to small and medium enterprises, will use the fresh funds for expanding its lending portfolio to consumer financing.
The bank has shown almost 16% of its total assets being branded as non performing or the ones for which repayments are not happening on time.
PCI, at a closed door meeting of its members on Friday, has also constituted new committees.
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