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BFSI

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

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...
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

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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...
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...
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