Search For "banking"
IIFL Finance Rebrands Seven Existing Branches into All Women Staffed 'Shak
Updated : 1 year ago IST
Mumbai (Maharashtra) [India], March 10: IIFL Finance, one of India's largest non-banking financial companies, has rebranded seven existing branches into all women staffed 'Shakti' branches on the occasion of Women's Day. The seven rebranded branches are located across the Delhi National C
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Indian corporates need Rs 120 lakh cr debt by FY30 for Capex and working c
Updated : 1 year ago IST
The corporate in India will need to raise about Rs 115-125 lakh crore in debt between FY26 and FY30 to fund capital expenditure (capex), working capital, and the financing needs of non-banking financial companies (NBFCs), according to a report by Crisil.
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225 crore Aadhaar authentication transactions, 43 cr e-KYC transactions ca
Updated : 1 year ago IST
Aadhaar continues to drive India's digital transformation, with nearly 225 crore authentication transactions and 43 crore e-KYC transactions carried out in February 2025.
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Federal Bank Signs Vidya Balan: A Bold New Face for Banking
Updated : 1 year ago IST
Mumbai (Maharashtra) [India], March 7: Federal Bank just made history by welcoming Bollywood powerhouse Vidya Balan as its first-ever brand ambassador. This move sets progressive growth narratives for Banking in India.
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Banking Liquidity will come into a strong surplus by March end: UBI report
Updated : 1 year ago IST
The liquidity situation in India's banking sector is expected to improve significantly by the end of March 2025, with a shift towards a strong surplus, according to a research report by Union Bank of India.
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EDB Expands Investment in India to Accelerate AI-Ready, Sovereign Data Inf
Updated : 1 year ago IST
New Delhi [India], March 4: EnterpriseDB ("EDB"), the leading Postgres data and AI company, is expanding its investment in India to support the country's accelerating demand for AI-ready, sovereign data infrastructure. Kevin Dallas, CEO of EDB, recently visited company leaders in India, Japa
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IMF cautioned of systemic risks in India's NBFC sector due to high exposur
Updated : 1 year ago IST
The International Monetary Fund (IMF) has raised concerns about potential financial instability in India due to the concentrated exposure of Non-Banking Financial Companies (NBFCs) to the power and infrastructure sector.
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RBI will have to cut CRR to ease banking liquidity; Mahakumbh leads to sig
Updated : 1 year ago IST
The Reserve Bank of India (RBI) will have to cut the Cash Reserve Ratio (CRR) to ease the prevailing liquidity pressure in the banking sector, according to a report by State Bank of India (SBI) research.
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RBI may have to infuse Rs 1 Lakh crore by March to maintain liquidity: SBI
Updated : 1 year ago IST
The Reserve Bank of India (RBI) may have to inject additional Rs 1 lakh crore into the banking system by March to maintain liquidity at an equilibrium level, according to a report by the State Bank of India (SBI) research.
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India's banking sector on recovery path, credit up to 11.4%, deposit up to
Updated : 1 year ago IST
After witnessing a downward trend since April 2024, credit growth in India has shown signs of recovery, rising to 11.4 per cent in January 2025, compared to 11.2 per cent in December 2024, according to a report by Anand Rathi Research.
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BUSINESSNEXT Launches an Advanced Triple-layer AI-powered Retail Banking C
Updated : 1 year ago IST
Mumbai (Maharashtra) [India], February 28: BUSINESSNEXT, a global leader in composable enterprise solutions for the financial services sector, has introduced triple-layer AI-powered Retail Banking Customer 360, designed to help banks gain deep customer insights and enable autonomous actions
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After strict regulations in 2023 & 2024, RBI's Policy shift boosts Ban
Updated : 1 year ago IST
After a period of strict regulations in 2023 and 2024, the Reserve Bank of India (RBI) has now shifted its stance, benefiting the banking sector in a significant way, according to a report by CLSA Research.
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