CATEGORY

BFSI

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

Banking

Interest rates of repo rate linked home loans hiked by ICICI Bank, BoB

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The Reserve Bank of India on Wednesday announced a 40 basis points hike in key policy rates. With this hike, banks have also increased...
BFSI

Mahagram launches GramSevak portal to provide doorstep financial services

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A FinTech startup, Mahagram has launched the GramSevak portal to provide doorstep to the citizens residing in rural as well urban areas. People can...
Banking

Kotak Mahindra Bank revised fees for various services

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Kotak Mahindra Bank has revised the fees for various services offered to its savings account customers. These rates are applicable to Edge/Pro/Ace/Platina/Nova/Classic from the...
BFSI

HDFC Bank raised the lending rate by 5 basis points

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HDFC Bank on May 1, 2022, raised its benchmarking lending rate by 5 percent. With an increase in lending rate, the EMI for existing...
Finance

FidyPay collaborates with Yes Bank to boost financial inclusion

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FidyPay, Financial Inclusion, and Digital Payment Company announced its partnership with Yes Bank with an aim to promote digital facilitation to a wide range...
Finance

InsurTech firm Turtlemint raised $120 million

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InsurTech startup Turtlemint raised $120 million in a Series E funding round led by Jungle, Amansa, Nexus Venture Partners. The startup plans to utilize...
Banking

Indian Bank collaborates with Maruti Suzuki for car loans

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Indian Bank has collaborated with Maruti Suzuki India Limited to facilitate hassle-free loans for customers. As per the new loan scheme, Indian Bank will...
NBFC

RBI’s new norms for credit card businesses may affect NBFCs & spare banks

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The Reserve Bank of India has recently issued a circular stating that the finance technology players and non-bank lenders engaged in the business of...
Finance

India plans to introduce e-currency in 2023: Finance Minister

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Nirmala Sitharaman, Minister of Finance and Corporate Affairs of India said India is planning to launch the proposed central bank digital currency (CBDC) in...
Finance

India’s InsurTech funding doubles in last 2 years: Report

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InsurTech funding space in India as well as across the globe is witnessing a strong momentum, delivering a seven-fold growth in the last 5...
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