Search For "bank"
Bajaj Finserv net profit grows 31 pc to Rs 1,769 cr in fourth quarter
Updated : 3 years, 2 months ago IST
Bajaj Finserv has posted a 31 per cent jump in its net profit to Rs 1,769 crore for the quarter ended March 31, 2023, against Rs 1,364 crore in the year-ago period.
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SBI Research highlights how PMMY revolutionised socio-cultural fabric of n
Updated : 3 years, 2 months ago IST
According to SBI Research, MUDRA has created an indelible print on India's rising micro, small and medium enterprises' (MSME) prowess through relentless promoting by a wide array of MLIs which are scheduled commercial banks (SCBs), non-banking finance companies (NBFCs), regional rural banks
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ICICI Bank offers strong network of Rupee Vostro Accounts
Updated : 3 years, 2 months ago IST
This initiative is in line with India's Foreign Trade Policy 2023 and RBI's framework for invoicing, payment, and settlement of exports/imports in INR, in addition to US Dollar, Euro and other currencies, according to a statement from ICICI Bank.
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Enrolments under Atal Pension Yojana cross 5.20-crore mark
Updated : 3 years, 2 months ago IST
As on date, the total assets under management (AUM) in APY is more than Rs 27,200 crore and the scheme has generated investment return of 8.69 per cent since inception of the scheme, according to a statement from the ministry of finance.
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RBI governor says looking at business models of banks more closely
Updated : 3 years, 2 months ago IST
A resilient bank needs to be financially, operationally and organisationally resilient and should have adequate capital buffers to be able to generate earnings even in times of severe macroeconomic shocks, said Reserve Bank of India governor Shaktikanta Das, adding that it has started loo
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Indian banking system not affected by recent instability in advanced econo
Updated : 3 years, 2 months ago IST
The Reserve Bank of India Governor Shaktikanta Das on Thursday said the Indian banking system has remained resilient and has not been affected adversely by the recent crisis seen in the banking system in some advanced economies.
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HTC Global Services and Azentio Software confirm strategic partnership to
Updated : 3 years, 2 months ago IST
Singapore, April 27 (ANI/PRNewswire): HTC Global Services, a US-based information technology and business process outsourcing services company, is proud to announce its strategic alliance with Azentio Software, a leading software products company headquartered in Singapore, to provide cuttin
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Crusto Innovations takes its FMCG Revolution Global with Bankai Ventures
Updated : 3 years, 2 months ago IST
Ahmedabad (Gujarat) [India], April 27 (ANI/PRNewswire): Crusto Innovations is an award-winning FMCG brand known for its innovative and natural products. With so many patents to his name, Nirav Sharma, Founder and CEO of Crusto, saw it as an opportunity to take his quest international.
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Farmers suffer crop losses due to rain in Assam's Morigaon, appeal to govt
Updated : 3 years, 2 months ago IST
Farmers in central Assam's Morigaon district, who took a loan of nearly Rs 3 lakh from the bank to cultivate watermelon and suffered loss owing to a massive hailstorm and rain, have appealed to the state government to help the family.
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Aadhaar authentication transactions climb to 2.31 billion in March
Updated : 3 years, 2 months ago IST
Whether it is Aadhaar-enabled direct fund transfer, Aadhaar Enabled Payment System (AePS) for last-mile banking, authentications, or e-KYC for identity verification, Aadhaar has been playing an important role in supporting Digital India vision and enabling ease of living for residents.
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India's achievements in financial sector clearly go beyond numbers of bank
Updated : 3 years, 2 months ago IST
At the launch of IMF book on India's Financial System, Antoinette M Sayeh said, "The country has impressed the world in fostering financial inclusion through its public digital infrastructure. Just a decade ago, local shops were filled with people buying and selling goods with cash. Today, f
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India jumps six spots to 38 in World Bank's Logistics Performance Index 20
Updated : 3 years, 2 months ago IST
The World Bank has acknowledged India's efforts towards increasing logistics efficiency. On four out of six LPI indicators, India has seen remarkable improvement on the back of various initiatives being implemented over the past few years, according to the ministry of commerce and industry r
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