"There is growing confidence on India and I think the international confidence on India is perhaps at an all-time high," Das told ANI, on the sidelines of the ongoing World Economic Forum in Davos, Switzerland.
The cash deposits increased by 7.35 per cent during the first 11 months of the previous year, reaching around AED635.6 billion at the end of 2022, a growth equivalent to AED46.7 billion.
The cash deposits increased by 7.35 percent during the first 11 months of the previous year, reaching around AED635.6 billion at the end of 2022, a growth equivalent to AED46.7 billion.
The National Statistics Office in its first advance estimates projected the country's economy to grow 7.3 per cent in the current financial year 2023-24, remaining the fastest-growing major economy.
"230 million women received their bank accounts for the first time courtesy of the Jan Dhan Yojna. Of the 400 million loans given out, 70 per cent of beneficiaries were women with women-owned businesses, which means, 280 million women-owned businesses received funds. The NPA was less than 2.
Chennai (Tamil Nadu) [India], January 17: Uncia Technologies today announced the go-live of Uncia Chain, its state-of-the-art Supply Chain Finance platform, at Unity Small Finance Bank Limited (Unity Bank), a new-age, digital-first bank.
First Deputy Managing Director at the International Monetary Fund (IMF), Gita Gopinath, called for a need for a solid information architecture for the banking sector when it comes to funding climate infrastructure projects.
Saleh attributed this success to the effective strategies implemented by the Central Bank of the UAE (CBUAE), establishing frameworks for sustained sector growth
Pune (Maharashtra) [India], January 17: Bajaj Finserv AMC has introduced two new fund offerings, namely Bajaj Finserv Nifty 50 ETF and Bajaj Finserv Nifty Bank ETF, which became available for subscription on January 15, 2024. Marking the company's foray into the ETF market, this strategic in
Over 40 partners associated with the initiative announced more than 50 commitments aimed at boosting impact investment in these markets, potentially unlocking over USD 15 billion in commercial and catalytic capital.
Pune (Maharashtra) [India], January 16: Bank Exchange-Traded Funds (ETFs) have emerged as suitable investment options, gathering attention from savvy investors seeking exposure to the financial sector. These specialized funds offer a unique way to invest in the banking industry, providing se
New Delhi [India], January 16: In the dynamic landscape of India's financial sector, a seismic shift is underway as Banking as a Service (BaaS) takes center stage, eclipsing the erstwhile dominance of traditional banking. The winds of change are evident in the rapid proliferation of neobanks