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BFSI

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

Finance

Indian Apparel Market to Touch $135bn by 2025, Omnichannel to be Growth driver, Google

Newsdesk -
On day 2 of Masterclass by Google India on Retail  Sector , experts indicate digitisation would gain 400 million online shoppers in the next few years. Bangalore,...
BFSI

The Reserve Bank will launch the first trial of the digital rupee

Newsdesk -
Today, the Reserve Bank of India will launch the digital rupee for the wholesale market as part of its first pilot test programme to...
BFSI

UCO Bank and YES Bank are collaborating with Russian banks to settle rupee trade, according to a government source.

Newsdesk -
Two Indian banks have "joined hands" with Russian lenders under the RBI's framework for the settlement of international trade in rupees, the Reserve Bank...
Banking

Vayana Network and IDBI Bank collaborate on supply chain financing

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On Monday, IDBI Bank said that it has agreed to cooperate with Vayana Network as its first fintech partner to provide end-to-end digitization services. According...
Banking

RBI cancels the License of Pune based Bank

Newsdesk -
The Seva Vikas Co-operative Bank Ltd., with offices in Pune, has had its licence revoked by the Reserve Bank of India (RBI). According to...
BFSI

Retail loans are predicted to expand more quickly by Bank of Baroda.

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According to managing director and chief executive Sanjeev Chaddha, Bank of Baroda (BoB) has maintained its guidance that retail loans will increase more quickly...
BFSI

Finance Minister Nirmala Sitharaman stated “No GST on withdrawal of cash from Banks

Newsdesk -
Nirmala Sitharaman, the finance minister, stated in the Rajya Sabha on Tuesday that there is no GST on cash withdrawals from banks and that...
BFSI

After Merger HDFC Bank will be in the Global 10 Banks

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At present valuation, HDFC Bank will be one of the top ten most valuable banks in the world following its merger with parent HDFC....
BFSI

Three commercial banks have been given permission by the defence ministry to offer financing for international purchases.

Newsdesk -
The Ministry of Defence has assigned three private banks, HDFC Bank, ICICI Banks, and Axis Bank, to provide the Letter of Credit (LOC) and...
NBFC

EnKash launched banking infra API suite to enable financial service providers issue their own cards

Newsdesk -
EnKash, a corporate card and spend management has launched a Card API Suite, CardX. The suite will come with ‘plug-and-play’ integration that will enable...
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