Economic Times
The Deposit Insurance and Credit Guarantee Corporation (DICGC) has introduced Daava Soochak, an online tool for depositors to track their claim status
Education loans for overseas courses are set to grow rapidly for non-banking financial companies (NBFCs) due to increasing demand for higher education
AU Small Finance Bank and United India Insurance Company have announced a strategic partnership to offer general insurance solutions to the bank's cus
The Reserve Bank of India has imposed penalties on three entities, including Housing and Urban Development Corporation Ltd, for non-compliance with sp
Sanjeev Mehta has resigned as Standard Chartered Bank's Managing Director and Head of Transaction Banking Sales for South Asia after a 17-year tenure.
The Indian banking sector is struggling to attract deposits due to competition from mutual funds offering higher returns. Regulatory restrictions limi
Health Insurance Tax: The GST Council is set to discuss reducing the tax burden on health and life insurance policies, but faces resistance from state
The Supreme Court of India has issued a notice to former ICICI Bank CEO Chanda Kochhar and her husband Deepak Kochhar on a CBI plea against the Bombay
India aims to achieve a $30 trillion GDP by 2047, requiring significant growth in the financial services sector, especially banks. A report by BCG, FI
“A large number of people are breaking out of the real poverty trap, so they’re able to start focusing on providing for the future,” Sanlam Chie
US pension funds and endowments with $1.8 trillion in assets are visiting India to explore investment opportunities in healthcare, energy, and other s
SBI Chairman CS Setty highlighted the limited supply of cybersecurity professionals as a significant challenge. Investments in cybersecurity are incre
The Finance Ministry has directed PSU insurance companies to expedite claim settlements for those affected by heavy rains and floods in Andhra Pradesh
Banks face challenges in attracting deposits due to regulatory restrictions, making mutual funds more appealing. Indian Banks’ Association chairman
The microfinance sector is expected to stabilize by the end of the third quarter, with improvements anticipated from the fourth quarter onward due to
Wells Fargo has expanded its talent attraction strategy in India by launching the Transgender Persons Hiring Program. This initiative aims to enhance
India's digital payments industry is booming, with transaction volumes growing by 42% YoY in FY 2023-24. A PwC report projects a threefold increase in
India's National Investment & Infrastructure Fund plans to raise $4 billion in its largest-ever fundraise early next year. The fund, backed by the Ind
IndusInd International Holdings' ₹9,861-crore acquisition of Reliance Capital faces a new hurdle as the company seeks to adjust over ₹1,000 crore
Banks in India are offering higher interest rates on deposits to attract savers, with more than two-thirds of deposits earning 7% or above by June 202
