State Bank of India intends to sell over Rs 96000 crore distressed loans to asset reconstruction companies in a fresh attempt to clean its books. […]
Tag: bfsi
Knowing the Customer and their Expectations: Technological Efficacy in Customer Centric Approach
B2B Infomedia: Digital payments have revolutionized the way transactions are conducted in the Indian banking industry. With the rapid advancement of technology and the increasing […]
Oracle conducted Financial Services Innovation Exchange to strengthen the Urban Cooperative Banks
B2B Infomedia in association with Oracle has organized Financial Services Innovation Exchange on 26th July 2023, Mumbai focusing Urban Co-operative Banks. The theme of the […]
Reliance General Insurance gets Rs 200 cr capital infusion from parent
Reliance General Insurance Company Ltd (RGICL) on Monday said it has raised a capital of Rs 200 crore by issuing equity shares to debt-ridden parent […]
Bank of Baroda, DBS Bank and Karur Vysya Bank likely to sell their cumulative stake of just over 30% to Canara Bank
Bank of Baroda, DBS Bank and Karur Vysya Bank are likely to sell their cumulative stake of just over 30% in Canbank Computer Services to […]
RBI permits banks to open vostro accounts from 22 countries for trade in rupee
The Reserve Bank has permitted 20 banks operating in the country to open 92 Special Rupee Vostro Accounts (SRVAs) of partner banks from 22 countries […]
Razorpay launches account for Indian exporters, offers savings on overseas bank transfers
Fintech company Razorpay on Wednesday announced the launch of its MoneySaver Export Account to offer up to 50 per cent savings on international bank transfers […]
India’s Piramal plans to raise $1.5bn for private credit
Piramal Alternatives plans to raise $1.5 billion for investment in India’s high-yield companies via private credit, according to its chief executive officer. The unit of […]
Bandhan Financial Holdings to acquire Aegon Life Insurance
Bandhan Financial Holdings (BFHL) has entered into an agreement to acquire the entire stake of Aegon and Bennett, Coleman & Co. Ltd (BCCL) in Aegon […]
Banks told to alert customers on frauds related to Mudra loans
The government has asked banks to keep vigil and inform their customers of fraud in Mudra loans. The directive follows multiple instances of frauds related […]