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BFSI

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

BFSI

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

Newsdesk -
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

Newsdesk -
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

Newsdesk -
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...
News

BFSI sector shines in Q3 FY22

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The Banking, financial services and insurance (BFSI has outperformed in Q3FY22, with increased loan growth and disbursements and asset quality and recovery and upgrades...
BFSI

e-RUPI can revolutionized digital payments

Newsdesk -
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...
BFSI

IDBI Bank rejig operations aligned with private lenders

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IDBI Bank is restructuring its operations and bought them in line with non-PSU lenders. The bank made significant changes in its internal structure and...
Finance

Banks increases share of commercial vehicle loans

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Private Banks have increased their share of the commercial vehicle business since its growth remains sluggish as the economy has lost steam. Finance companies...
Finance

DMI Finance set to provide digital personal loans to Google Pay users

Newsdesk -
DMI Finance has announced to provide digital loans to Google Pay users. The eligible users are pre-qualified on the basis they perfectly fulfill the...
BFSI

Government announced IDBI Bank sale process

Newsdesk -
The Centre is set to the privatization of IDBI Bank in February 2022, with its advisor KPMG connecting with number of suitors. The virtual...
Finance

LIC IPO will popularize India on global scale

Newsdesk -
Life Insurance Corporation (LIC) entering the stock market is news of celebration for the investors. LIC IPO is very crucial for the government as...
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