Search For "banking"
SBI receives 'World's Best Consumer Bank 2025' and 'Best Bank in India 202
Updated : 5 months ago IST
State Bank of India (SBI) received two prestigious accolades from Global Finance, New York at the Global Finance Award Ceremony held during the World Bank/IMF Annual Meetings 2025: World's Best Consumer Bank 2025 and Best Bank in India 2025.
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FINIXX Awards & Summit 2025 Concludes in Mumbai, Celebrating Trailblazers
Updated : 5 months ago IST
Mumbai (Maharashtra) [India], October 23: The FINIXX Awards & Summit 2025 - an initiative of Adgully successfully concluded in Mumbai, bringing together leading voices from across India's banking, insurance, NBFC, fintech, and allied sectors to explore the future of financial services. Held
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L&T Finance Ltd. Records Highest Ever PAT of Rs. 735 Crore, up 5% QoQ and
Updated : 5 months ago IST
Mumbai (Maharashtra) [India], October 22: L&T Finance Ltd. (LTF), one of the leading Non-Banking Financial Companies (NBFCs) in India has recorded the highest ever Profit After Tax (PAT) of Rs. 735 Crore, up 5% Quarter-on-Quarter (QoQ) and 6% Year-on-Year (YoY) for the second quarter ended S
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AI, Credit Democratization and change in deposit profiles to redefine bank
Updated : 5 months ago IST
According to the report, the seven key structural forces that will influence the banking terrain which includes, change in deposit profile, democratization of credit, structural changes accompanied by consolidation, productivity challenges, AI and GenAI transition along with evolving busines
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Markets close higher on strong bank earnings, easing US-China trade tensio
Updated : 5 months ago IST
The Indian stock market on Monday ended in green territory after trading higher, driven by upbeat quarterly results from top lenders in the financial sector and a rebound in global risk appetite following signs of easing US-China trade tensions.
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Goldman Sachs sees improving growth backdrop for India in 2026, expects fu
Updated : 5 months ago IST
Global investment bank Goldman Sachs expects India's economic growth to strengthen in 2026, driven by easing financial conditions, domestic regulatory relaxation, and moderation in external headwinds.
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Over Rs 50,000 cr FDI plans in recent months reflect global confidence in
Updated : 5 months, 1 week ago IST
Union Minister Piyush Goyal has said that the recent surge in Foreign Direct Investment (FDI) in the country reflects the growing attractiveness of the Indian economy to global investors.
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Foreign firms are gradually being allowed to acquire Indian banks: Jairam
Updated : 5 months, 1 week ago IST
"Foreign firms are gradually being allowed to acquire Indian banks. These imprudent moves pose substantial risks. First, Laxmi Vilas Bank was acquired by Singapore's DBS Group. Second, Catholic Syrian Bank was acquired by Canada's Fairfax. Third, Japan's Sumitomo Mitsui Banking Corporatio
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"RAM is focus area for our bank," says PNB ED M Paramasivam
Updated : 5 months, 1 week ago IST
M Paramasivam, Executive Director, Punjab National Bank (PNB) said that the focus area of the bank is strengthening the retail, agriculture, and MSME loan and deposit segments which has resulted into an impressive second quarter financial result.
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Juspay partners with HSBC to build a Full-Stack, Future-Ready Acquiring So
Updated : 5 months, 1 week ago IST
Bengaluru (Karnataka) [India], October 17:HSBC, one of the world's largest banking and financial services organisations, and Juspay, a leading payments infrastructure company, have announced a strategic partnership to launch a first-of-its-kind acquiring platform tailored to the needs of dig
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PSB Xchange Completes Its First Live End-to-End Digital Supply Chain Finan
Updated : 5 months, 1 week ago IST
Mumbai (Maharashtra) [India], October 17: In a significant development for India's banking sector, Central Bank of India (CBI) has successfully completed the first fully digital supply chain finance transaction on the PSB Xchange platform offered by PSB Alliance, a unified multi-lender platf
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Getepay partners with ESAF Small Finance Bank to deploy 'Vega', its next-g
Updated : 5 months, 1 week ago IST
Mumbai (Maharashtra) [India], October 16: Getepay, one of India's fastest-growing payment aggregators, has announced a strategic partnership with ESAF Small Finance Bank (ESAF Bank) for the deployment of Vega, its next-generation payment switch. This partnership marks a significant step forw
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