The International Finance Corporation (IFC) could double its investments in India in the coming years and also help Indian companies in their global expansion, Riccardo […]
Category: BFSI
HDFC Bank opens 500th branch in Tamil Nadu
HDFC Bank on Thursday announced the launch of its 500th branch in Tamil Nadu in Madurai district. The branch at Arasaradi was inaugurated virtually by […]
Axis Bank and Shriram Housing Finance Announce Partnership Under the Co-Lending Model through Yubi
Axis Bank, India’s third largest private sector bank and Shriram Housing Finance Limited (SHFL), a leading Affordable Housing Finance Company, today announced a strategic partnership […]
IRDAI’s new rules for commission payouts may lead to better pricing
The insurance regulator has introduced new regulations on commission payments to intermediaries and expenses of management for general and health insurance companies. While the Payment […]
UPI Payments: Who will pay extra charge, who won’t?
1.1% fee?Buzz prevailed over the whole country as reports emerged saying that the NPCI will levy a fee of up to 1.1% on prepaid payment […]
No charge on normal UPI transactions for customers, says NPCI
The National Payments Corporation of India (NPCI) on Wednesday issued a clarification about the recently introduced interchange charges, saying the charges are not applicable to […]
PSU bank stocks deliver up to 96% return in FY23. Will the magic repeat in next fiscal?
Beating much-fancied private sector peers by a wide margin, PSU bank stocks have turned out to be the top performing sector of FY22 on the […]
NPCI’s interoperability guidelines to pave way for additional revenues for Paytm Payments Bank: Analysts
Analysts including Morgan Stanley and Citi said that the NPCI’s latest guidelines on interoperability significantly improve the salience of wallets and open avenues for additional […]
Kotak Mahindra Bank arm raises USD 1.25 bn for 2nd special situations fund
A Kotak Mahindra Bank arm on Tuesday announced that it has raised USD 1.25 billion for its second special situations fund. The money raised will […]
Supreme Court verdict on fraud loans may remove hurdles for lenders
Banks will have to set down a proper process, including a platform to hear the views of borrowers and accounts labelled as a fraud, even […]