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BFSI

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

Banking

RBI Warns Banks to Heighten Vigilance Against Potential Cyber Attacks

News Desk -
The Reserve Bank of India (RBI) has issued a nationwide alert to banks, urging them to ramp up their cybersecurity measures following credible intelligence...
BFSI

Government Shifts Disinvestment Strategy: Focuses on Value Creation Over Targets

News Desk -
The Central Government is set to continue the strategic shift introduced in the last interim budget by not setting specific disinvestment targets in the...
Economy

RBI Governor Shaktikanta Das Predicts Major Structural Shift in India’s Growth Trajectory

News Desk -
Reserve Bank of India (RBI) Governor Shaktikanta Das has expressed a highly optimistic economic outlook, forecasting that India is on the cusp of a...
BFSI

RBI Appoints Additional Director to Bandhan Bank’s Board

News Desk -
The Reserve Bank of India (RBI) has appointed Arun Kumar Singh, a chief general manager at the RBI, as an additional director to the...
BFSI

HDFC Bank Launches SmartWealth, A Revolutionary Digital Investment Platform

News Desk -
HDFC Bank has unveiled its new digital investment platform, HDFC Bank SmartWealth, aimed at democratizing wealth services and simplifying investment processes for every Indian....
BFSI

GST Council Meet: Nirmala Sitharaman Announces Rate Changes, Exemptions for Various Items

News Desk -
The 53rd GST Council met under the Chairpersonship of Union Minister for Finance & Corporate Affairs, Nirmala Sitharaman in New Delhi. The meeting was...
BFSI

Union Finance Minister Nirmala Sitharaman Holds Pre-Budget Consultation with State Finance Ministers

News Desk -
Union Finance Minister Nirmala Sitharaman chaired a pivotal pre-Budget consultation meeting today with finance ministers from states and union territories. The gathering, aimed at...
BFSI

CERT-In and Mastercard Sign MoU to Enhance Cybersecurity in India’s Financial Sector

News Desk -
The Indian Computer Emergency Response Team (CERT-In), under the Ministry of Electronics and Information Technology, has entered into a strategic partnership with Mastercard to...
News

Gross Direct Tax Collections for the Financial Year 2024-25 Register a Growth of 22.19%

News Desk -
The provisional figures of Direct Tax collections for the Financial Year 2024-25 (as on 17.06.2024) show that Net collections are at Rs. 4,62,664 crore, compared to...
News

Paytm’s UPI Market Share Drops for Fourth Consecutive Month to 8% in May

News Desk -
Paytm's share of India's Unified Payments Interface (UPI) market has fallen for the fourth consecutive month, reflecting the company's ongoing struggles following a significant...
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