The Federal Reserve Bank on Friday issued Master Direction on loan transfer, requiring banks and other lending institutions to possess a comprehensive board-approved policy for such transactions. Loan transfers are resorted to by lending institutions for various reasons, starting from liquidity management, rebalancing their exposures or strategic sales. Also, a strong secondary market in loans will help in creating additional avenues for raising […]
After UPI, PhonePe dominates Bharat BillPay with 49% volume share in August
In a first, the National Payments Corporation of India (NPCI) released company-wise data for the month of August 2021 on the Bharat Bill Payment System (BBPS) – the platform that gives interoperable bill payment services for patrons The data shows that after maintaining its lead in monthly United Payments Interface (UPI) transactions, digital payments company […]
Virat Kohli Net Worth 2021: Income, IPL Salary, Assets, Bio
Virat Kohli Net Worth is $110 Million (Rs 810 Crore in 2021). Virat Kohli ranks first within the list of highest-paid Indian cricketers. he’s currently the backbone of team India and also the No. 1 contender for breaking He was handed over India’s Test captaincy after MS Dhoni stepped down because the Test captain in […]