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BFSI

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

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...
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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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RBI Plans Interoperable Internet Banking System for Faster Merchant Payments

News Desk -
The Reserve Bank of India (RBI) is gearing up to introduce an interoperable payment system for internet banking, aimed at accelerating fund settlements for...
Finance

Banks Shift Focus from Non-Renewable to Renewable Energy Financing, Embracing ESG Criteria

News Desk -
In a significant shift towards sustainable financing, Indian banks are redirecting their focus from non-renewable energy projects to renewable sources, as indicated by recent...
News

CBDT Allows Trusts and Institutions to Correct Audit Reports by March 31st, 2024

News Desk -
The Central Board of Direct Taxes (CBDT) has granted relief to trusts and institutions regarding the submission of audit reports for the Assessment Year...
News

Government Reviews Foreign Direct Investment Policy on Space Sector

News Desk -
The Government of India has recently conducted a thorough review of the Foreign Direct Investment (FDI) Policy in the Space sector, aiming to foster...
News

UPI Accounts for 80% of India’s Digital Payments: RBI Governor

News Desk -
The Reserve Bank of India (RBI) Governor addressed a distinguished gathering at the Digital Payments Awareness Week celebrations, highlighting the remarkable growth and security...
News

RBI Might Revoke Paytm Payments Bank License; Administrator Likely to be Appointed

News Desk -
With less than two weeks remaining for Paytm Payments Bank Limited (PPBL) to halt its operations, the Reserve Bank of India (RBI) is contemplating...
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