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BFSI

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

Banking

Card-less cash withdrawal via UPI soon at all ATMs and bank branches

Newsdesk -
With an aim to enhance customer experience and prevent instances of fraud, the Reserve Bank of India has mandated interoperable card-less withdrawal across all...
Finance

Demand for travel insurance spikes as international commercial flights resumed

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As international commercial flights have resumed their operations on March 27, the demand for travel insurance has also increased. A huge number of international...
Banking

HDFC Bank plans to raise Rs 50,000 crore through bonds

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The private lender, HDFC Bank said it is seeking board approval for raising Rs 50,000 crore by issuing bonds. Reaffirming the rating of Bank,...
Banking

Union nxt app launched by Union Bank

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The Union Bank of India has launched ‘Union nxt’, a super app under its digital transformation project “Sambhav.” The bank has informed that it...
Finance

Bandhan-led consortium acquires mutual fund business of IDFC

Newsdesk -
Bandhan Financial Holding-led consortium has acquired IDFC Asset Management Company and IDFC AMC Trustee Company for Rs 4,500 crore. The partners of the consortium...
Banking

15 lakh people are now directly or indirectly working at MeitY’s CSC

Newsdesk -
Currently, 15 lakh people are working directly or indirectly working at the Common Service Centres (CSC), under the Digital India Programme across the country....
BFSI

Yes Bank net advances increases by 8.8 percent in FY22

Newsdesk -
The net advances of Yes Bank have increased by 8.8 percent to Rs 181,508 crore in the fiscal ended March 31, 2022, said Yes...
Finance

Vested Finance in Series A funding has raised USD 12 million

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Vested Finance has raised $12 million in Series A funding. The firm is a broking platform that enables Indian investors to invest in the...
Banking

HDFC Bank has updated its UPI terms and conditions

Newsdesk -
HDFC Bank has announced on its official website that the Terms and Conditions for its Unified Interface Payment (UPI) have been updated. A ticker...
Finance

COVID insurance claims worth Rs 17537 crore given to PSU insurers

Newsdesk -
COVID-related health insurance claims worth Rs 17,537 by Public sector insurers have been settled and issued till December 2021. Moreover, 93 percent of the...
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