Nearly 55% of Mizuho’s revenue comes from businesses outside Japan. In Asia, the bank deals in 14 countries, China in the north, India in the west and Australia in the south.
Spotlight News: Established by RBI & Banks, NIBM is now steering working professionals towards a promising BFSI career with its Advanced Programme in Digital Banking
PM Modi had called former RBI Governor Urjit Patel a snake who sits over a hoard of money , says a book. Urjit Patel had resigned as the 24th Governor of RBI in December 2018. Though he cited ‘personal reasons’, the resignation came amid reports of the rift between the RBI and the Modi government.
All panchayats across the country will mandatorily use digital payments for all development work and revenue collection this Independence Day onwards, and will be declared UPI-enabled, a letter issued by the Panchayati Raj Ministry said.
The process of evergreening of loans, a form of zombie lending, is typically a temporary fix for a bank. If an account turns into a non-performing asset (NPA), banks are required to make higher provisions which will impact their profitability.