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BFSI

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

Banking

ICICI Bank signs MoU with GIFT SEZ to boost global and Indian business

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ICICI Bank announced on Wednesday that it has signed a Memorandum of Understanding (MoU) with GIFT SEZ to promote global as well as Indian...
Banking

FD interest rates of various tenures hiked by Kotak Mahindra Bank

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Kotak Mahindra Bank has hiked the fixed deposit interest rates of various tenures for amounts less than 2 crore. The bank has updated the...
Finance

Online resolution system for payment issue to be implemented by September – NPCI

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The National Payment Corporation of India (NPCI) has asked all banks, payment service providers, and third-party application providers to implement an online dispute resolution...
Banking

Banks proposed RBI to permit cloud adoption

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The high-street banks have proposed the Reserve Bank of India to lay down the rules that allow them to store and analyze data on...
Banking

Scholarship scheme for foreign students launched by Banaras Hindu University

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The Banaras Hindu University has launched a new scholarship scheme for international students. The scheme has been initiated to promote and motivate international students...
Finance

KKR acquires 9.9 percent stake in Shriram General Insurance Company

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KKR & Co, US private equity firm has purchased a 9.9 percent stake in Shriram General in Shriram General Insurance Company for Rs 1,800...
Finance

Home Credit India partners with Pine Labs to boost EMI-led retail loan business

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Focused on a ‘Digital-first’ approach to retail loans business, Home Credit India has partnered with Pine Labs, a leading merchant commerce platform. Through this...
Banking

ICICI Bank extends date of Special Senior Citizen FD scheme

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ICICI Bank has extended the date of the Special Citizen FD scheme, also known as Golden years FD from April 8, 2022, to October...
Banking

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

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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

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