The Pension Fund Regulatory and Development Authority (PFRDA) has now allowed National Pension System (NPS) subscribers to deposit their contributions through the Unified Payments Interface […]
Category: BFSI
HDFC Life and NKGSB Co-operative Bank enter into corporate tie-up
HDFC Life and NKGSB Co-operative Bank have entered into a corporate tie-up enabling NKGSB Co-operative Bank’s customers to avail life insurance products of HDFC Life, […]
Bank of Baroda launches ‘bob BRO’ savings account
Bank of Baroda has launched the ‘bob BRO’ savings account – a zero-balance savings account for students aged 16 to 25 years. The account provides […]
Digital lending systems need self-regulation
“If you are doing business genuinely, you don’t want unethical creatures to creep in,” quipped Raman Aggarwal, in his Keynote Address at the beginning of […]
Capri Global Capital receives corporate agency licence from IRDAI
Capri Global Capital Limited has received a composite corporate agency licence from the Insurance Regulatory and Development Authority of India (IRDAI) to distribute life, general […]
Shachindra Nath, Founder, Vice Chairman & Managing Director of U GRO Capital Joins the Board of FIDC
Finance Industry Development Council (FIDC) is a Representative Body of NBFCs registered with the Reserve Bank of India. FIDC was formed 19 years ago and […]
RBI increases risk weight by 25% on consumer credit exposure of banks, NBFCs
Consumer credit of commercial banks and NBFCs attracts a risk weight of 100 percent, which now has been revised to 125 percent. The Reserve Bank […]
YES BANK announces the appointment of Mr. Tushar Patankar as Chief Risk Officer
Mumbai, November 21, 2023: YES BANK today announced the appointment of Mr. Tushar Patankar as Chief Risk Officer (CRO). In his role, Mr. Patankar will be […]
Banking space on the verge of major overhaul
Since the beginning of civilisation, credit and debit systems have been a part of our lives. Barter system was the initial way of exchanging goods […]
Shivalik Small Finance Bank appoints Ramesh Thimanna as Chief Information Officer
Shivalik Small Finance Bank has appointed Ramesh Thimanna as its new Chief Information Officer (CIO), the bank revealed on its social media page. According to […]