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BFSI

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

News

Mumbai Surpasses Beijing, Crowned Asia’s New Billionaire Capital

News Desk -
In the latest release of the Hurun Global Rich List for 2024, Indian business magnates Mukesh Ambani and Gautam Adani have captured attention with...
News

RBI’s Regulatory Clampdowns to Enhance Compliance, Impact Financial Sector Growth

News Desk -
In a recent report, the Reserve Bank of India's (RBI) stringent measures on select banks and non-banking financial companies (NBFCs) are highlighted as pivotal...
News

NPCI Arm, Banks, and Fintechs in Discussion for Net Banking Synergies for Interoperability

News Desk -
In a bid to enhance banking interoperability, NPCI Bharat Billpay (NBBL) is currently engaged in discussions with banks and fintech firms. This initiative follows...
Banking

RBI Advises Agency Banks to Keep Government Business Branches Open on March 31

News Desk -
In a recent announcement, the Reserve Bank of India (RBI) has advised agency banks to keep all their branches dealing with government business open...
News

India’s Direct Tax Collections Surge by 18.74% in FY 2023-24

News Desk -
India's Gross Direct Tax collections for the Financial Year (FY) 2023-24 have recorded a substantial growth of 18.74%, according to provisional figures released by...
News

RBI Alerts Banks to Heightened Cybersecurity Threats: Action Points Issued After Inspection

News Desk -
In a recent development, the Reserve Bank of India (RBI) has issued a heightened alert to several banks, urging them to fortify their cybersecurity...
Banking

Public Sector Banks Directed to Submit Three-Year Business Plans by March End

News Desk -
The Centre has directed Public-Sector Banks (PSBs) to submit comprehensive business plans outlining their strategies until the fiscal year 2026-2027 (FY27) by the end...
News

Adani Group Set to Invest Over Rs 1.2 Lakh Crore Across Diverse Sectors in FY 2024-25

News Desk -
In a bold move towards bolstering its already expansive portfolio, Adani Group has announced plans to invest more than Rs 1.2 lakh crore across...
News

NHAI Urges Paytm FASTag Users to Obtain Other Bank FASTag by March 15, 2024

News Desk -
In an effort to ensure a smooth travel experience and avoid potential inconveniences at toll plazas, the National Highways Authority of India (NHAI) has...
News

India Signs Trade and Economic Partnership Agreement with EFTA, $100 Billion Investment Promised

News Desk -
India has signed a Trade and Economic Partnership Agreement (TEPA) with the European Free Trade Association (EFTA), which includes Iceland, Liechtenstein, Norway, and Switzerland....
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