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BFSI

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

News

RBI Directs NPCI to Assess Paytm’s UPI Service Continuation Under TPAP Route Amid Compliance Concerns

News Desk -
The Reserve Bank of India (RBI) has directed the National Payments Corporation of India (NPCI) to carefully assess One97 Communication Limited's application for approval...
Appointment

Bandhan Bank Appoints Rajeev Mantri as Chief Financial Officer

News Desk -
Bandhan Bank has announced the appointment of Rajeev Mantri as its Chief Financial Officer (CFO). The decision was approved by the bank's board on...
News

Japan Commits JPY 232.209 Billion ODA Loan for 9 Projects Across Various Sectors in India

News Desk -
The Government of Japan has committed Official Development Assistance (ODA) loans totalling Japanese Yen (JPY) 232.209 billion for nine crucial projects across various sectors...
Banking

IEPFA, DBS Bank Signed MoU to Enhance Investor Awareness

News Desk -
To enhance investor protection and awareness initiatives, the Investor Education and Protection Fund Authority (IEPFA) under the Ministry of Corporate Affairs (MCA) has inked...
News

Correction in PSU Bank Stocks Likely Due to Higher Valuation Risks, Say Analysts

News Desk -
As the banking sector witnessed heavy buying, leading broader indices towards new heights, analysts caution about potential correction in PSU bank stocks due to...
Banking

Indian Banks Face Growth Slowdown and Profit Margin Amid Lagging Deposits

News Desk -
In the face of higher interest rates and tighter liquidity, Indian banks are navigating a challenging landscape marked by sluggish deposit growth and narrowing...
Banking

RBI Governor Warns Banks Against Complacency: Vigilance Urged

News Desk -
In a recent meeting with MDs and CEOs of both public sector banks and select private lenders, Reserve Bank of India (RBI) Governor Shaktikanta...
News

India and UAE Forge Financial Collaboration, Inaugurate Interlinked Payment Platforms

News Desk -
Prime Minister Narendra Modi and UAE's President Sheikh Mohamed bin Zayed Al Nahyan jointly launched the UPI RuPay card service in Abu Dhabi on...
Banking

Top Banks Revise Loan Interest Rates, Check Now!

News Desk -
In the dynamic landscape of banking, February 2024 has seen several significant shifts in lending rates across various prominent banks. Here's a rundown of...
News

RBI Governor Asserts No Room for Review, Stands Firm on Paytm Payments Bank Decision

News Desk -
In a recent statement, Reserve Bank of India (RBI) Governor Shaktikanta Das emphasized the central bank's unwavering stance regarding its decision against Paytm Payments...
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