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BFSI

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

BFSI

Standard Chartered collaborated with IATA to launch payment platform

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Standard Chartered, a global banking group has collaborated with the International Air Transport Association (IATA) to introduce a payment platform for India’s airline industry....
Banking

IDFC FIRST Bank partnered with Hero electric for vehicle finance

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IDFC FIRST Bank has collaborated with Hero Electric for offering vehicle finance. The partnership will allow the customers of Hero Electric to avail of...
BFSI

Government in wait-and-watch mode for LIC IPO launch

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Amid Russia and Ukraine crisis, the government will rethink launching Life Insurance Corporation (LIC) IPO. It will closely monitor the deepening crisis before taking...
Finance

Share of small loan rises through small finance banks

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The small finance banks that were established about four years ago are strengthening as they get 8 percent incremental market share while their overall...
NBFC

RBI asks NBFCs to implement core financial services solution

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Implementing the core financial services solution will be mandatory for Non-Banking Financial Companies as per the circular released by the Reserve Bank of India....
Economy

Global economy weaker than expected in 2022

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The global economy has entered 2022 in a weaker position than previously expected because of the new variant of coronavirus which has forced countries...
BFSI

Public sector banks to get Rs 15,000 crore via zero-coupon bonds

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The government has allocated a budget of Rs 15,000 crore for state-run banks this fiscal through non-interest-bearing zero-coupon bonds. This comes even as some...
BFSI

HSBC India registers huge profits from India operations

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Headquartered in London, HSBC has reported a huge profit from its India operations in 2021. The bank issued a statement that it has reported...
BFSI

DBS Bank plans to launch cryptocurrency trading services

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Piyush Gupta, the CEO of DBS Bank has announced at the bank’s Q4 earnings that the bank is looking forward to launching crypto trading...
BFSI

e-RUPI can revolutionized digital payments

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The Reserve Bank of India (RBI) has increased the maximum amount of e-Rupi from Rs 10,000 currently to Rs 1 lakh. Earlier the e-voucher...
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