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BFSI

Explore the latest developments, insights, and trends in the BFSI (Banking, Financial Services, and Insurance) sector.

News

GST Collections for July 2024 Released: Available on GST Website

News Desk -
The Goods and Services Tax (GST) collections for July 2024 have been released and are now available on the official GST website (https://www.gst.gov.in). The...
BFSI

RBI Proposes Enhanced Security Framework for Digital Payments

News Desk -
The Reserve Bank of India (RBI) has released a draft framework aimed at bolstering the security of digital payments across the country. The proposed...
Banking

RBI Introduces New Liquidity Coverage Ratio Guidelines to Address Tech-Driven Withdrawal Risks

News Desk -
The Reserve Bank of India (RBI) has issued draft guidelines for banks, mandating them to maintain a higher stock of liquid securities as a...
BFSI

RBI Tightens Regulations on Cash Pay-Out Services

News Desk -
In a move aimed at enhancing financial transparency and security, the Reserve Bank of India (RBI) has announced new regulations for cash pay-out services....
BFSI

FAQs Released by CBDT on New Capital Gains Tax Regime Proposed in Union Budget 2024-25

News Desk -
What are the major changes brought about in the taxation of capital gains by the Finance (No.2) Bill, 2024? The taxation of capital gains...
News

Union Budget 2024-25: Rs 6.22 Lakh Crore Allocated to Ministry of Defence, Highest Among Ministries; 4.79% Higher from FY 2023-24

News Desk -
In the Regular Union Budget of Financial Year (FY) 2024-25, Ministry of Defence (MoD) has been allocated Rs 6,21,940.85 crore (approx. US $75 Billion),...
News

Union Budget 2024: Key Employment Schemes Introduced by Finance Minister Nirmala Sitharaman

News Desk -
In the Union Budget 2024-2025 presented on Tuesday, Finance Minister Nirmala Sitharaman announced several key employment-linked incentives aimed at supporting first-time employees, employers, and...
BFSI

Union Budget 2024-25 Highlights

News Desk -
Minister of Finance and Corporate Affairs Smt Nirmala Sitharaman, while presenting the Union Budget 2024-25 in Parliament today said that India’s inflation continues to...
BFSI

Kotak Bank Unveils Enhanced Kotak811 Mobile Banking App with Advanced Features

News Desk -
Kotak Mahindra Bank has announced a major update to its Kotak811 mobile banking app, promising a revolutionary experience for millions of customers across India....
BFSI

PNB Signs MoU with Steel Authority of India Limited to Offer Concessional Loans to SAIL Employees

News Desk -
To enhance the financial well-being of Steel Authority of India Limited (SAIL) employees, Punjab National Bank (PNB), a public sector bank, has signed MoU...
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