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Battle for Reliance Nippon Life Insurance: Nippon top brass likely to visit India
  • BFSI
  • Enterprise

Battle for Reliance Nippon Life Insurance: Nippon top brass likely to visit India

  • 28/11/2022
  • 0

The race for acquisition of Reliance Capital’s 51 per cent stake in Reliance Nippon Life Insurance Co (RNLIC) is intensifying, with the top brass of […]

IDBI Bank to continue as ‘Indian private sector bank’ post strategic sale
  • BFSI
  • Enterprise

IDBI Bank to continue as ‘Indian private sector bank’ post strategic sale

  • 28/11/2022
  • 0

IDBI Bank will continue to operate as an ‘Indian private sector bank’ after its strategic sale and the government’s residual 15 per cent stake in […]

No PSU norms for IDBI Bank after stake sale, clarifies govt
  • BFSI
  • Enterprise

No PSU norms for IDBI Bank after stake sale, clarifies govt

  • 28/11/2022
  • 0

New Delhi: The government has clarified that IDBI Bank will not be subject to the requirements applicable to a state-run company after its proposed stake […]

Cash is still king in rural India, UPI favourite in metros
  • BFSI
  • Technology

Cash is still king in rural India, UPI favourite in metros

  • 25/11/2022
  • 0

While the surge in digital banking has made the withdrawal of money from ATMs a passe now, ATM makers like Diebold Nixdorf or ATM operators […]

Canara Bank launches Electronic Bank Guarantee with NeSL
  • BFSI
  • Enterprise

Canara Bank launches Electronic Bank Guarantee with NeSL

  • 25/11/2022
  • 0

On its 117th Founder’s day, Canara Bank launched an Electronic Bank Guarantee (e-BG) in partnership with National E-Governance Services Limited (NeSL). With this Canara Bank […]

Airtel Payments Bank launches face authentication for savings bank accounts
  • BFSI
  • Fintech
  • Technology

Airtel Payments Bank launches face authentication for savings bank accounts

  • 23/11/2022
  • 0

Airtel payments bank has launched face authentication-based savings account opening for customers, becoming the first payments bank to offer the service. Face authentication based e-KYC […]

NBFCs’ asset base scales past Rs 54 lakh crore: MoS Finance
  • BFSI

NBFCs’ asset base scales past Rs 54 lakh crore: MoS Finance

  • 23/11/2022
  • 0

The asset base of non-banking financial companies has scaled past Rs 54 lakh crore as of March 2022, constituting almost a quarter of the balance […]

ICICI Bank launches new products for NRIs at its GIFT City branch
  • BFSI

ICICI Bank launches new products for NRIs at its GIFT City branch

  • 23/11/2022
  • 0

ICICI Bank launched two new products- Loan against Deposits (LAD) and Dollar Bonds for its NRI customers at its branch in GIFT City, the Gujarat-based […]

Test drive over, HDFC Bank plans to go big on EV loans
  • BFSI
  • Enterprise

Test drive over, HDFC Bank plans to go big on EV loans

  • 22/11/2022
  • 0

HDFC Bank is aiming to treble its lending to electric vehicle (EV) purchases in three years after an early test lending is turning out to […]

RBI allows HDFC Bank, Canara Bank to open vostro account for Rupee trade with Russia
  • BFSI

RBI allows HDFC Bank, Canara Bank to open vostro account for Rupee trade with Russia

  • 22/11/2022
  • 0

The Reserve Bank of India (RBI) on Monday allowed HDFC Bank Ltd and Canara Bank Ltd to open a special “vostro account” for trade in […]

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