Search For "banking"
NPST Wins Multiple Awards at the Bharat Fintech Summit for Its Disruptive
Updated : 1 year, 1 month ago IST
Mumbai (Maharashtra) [India], February 12: Network People Services Technologies Ltd. (NPST), a leading provider of digital banking and payment processing solutions, has secured three prestigious accolades at the Bharat Fintech Summit's Fintech & Digital Excellence Awards. This recognitio
Read More
India needs to add USD 4 trn in bank capital to meet 'Viksit Bharat' GDP t
Updated : 1 year, 1 month ago IST
India's banking sector will need to raise USD 4 trillion in capital over the next two decades to support the country's goal of becoming a developed economy, or "Viksit Bharat," by 2047, according to a report by HSBC Mutual Fund.
Read More
IDFC FIRST Bank Introduces Exclusive Package Designed for Senior Citizens
Updated : 1 year, 1 month ago IST
Mumbai (Maharashtra) [India], February 7: IDFC FIRST Bank has unveiled an exclusive and specialised range of banking products and services specifically curated to address the unique financial requirements of the elderly members of the society.
Read More
RBI to look for additional measures other than rate cut to infuse enough l
Updated : 1 year, 1 month ago IST
The Reserve Bank of India (RBI) will have to look for additional measures other than a rate cut to infuse enough liquidity in the banking system according to a report by Emkay Research.
Read More
SBI reports 84% jump in net profit for Q3FY25, strong credit growth and im
Updated : 1 year, 1 month ago IST
The operating profit for the quarter stood at Rs23,551 crore, marking a 15.81 per cent YoY increase. Additionally, the Net Interest Income (NII) grew by 4.09 per cent YoY to Rs41,446 crore, while the Return on Assets (ROA) improved to 1.04 per cent, rising 42 basis points (bps) YoY. The bank
Read More
Crisil Coalition Greenwich Announces 2025 Best Bank and Share Leader Award
Updated : 1 year, 1 month ago IST
New York [US], February 4: Crisil Coalition Greenwich today announced the 2025 Best Bank and Share Leader award winners. Over 60 banks were recognized globally, regionally and by country in the corporate banking segment. J.P. Morgan took top honors as the 2025 Best Bank globally for Corporat
Read More
RBI may use CRR as a regulatory intervention tool rather than liquidity ma
Updated : 1 year, 1 month ago IST
The Reserve Bank of India (RBI) may start using the Cash Reserve Ratio (CRR) more as a regulatory intervention tool rather than just a liquidity management tool in the future, according to a report by the State Bank of India (SBI).
Read More
Tax relief to boost financial savings, consumption for urban Indians: Gold
Updated : 1 year, 1 month ago IST
Multinational investment banking company Goldman Sachs said that the mega tax relief provided for in Budget 2025 will help the urban consumers boost their net household financial savings, besides partly boosting their consumption.
Read More
Big tax relief to boost disposable income, stimulate consumption: Experts
Updated : 1 year, 1 month ago IST
Tax experts, industry observers, and banking leaders have lauded the Union Budget 2025-26 for its focus on economic growth, tax relief, and innovation across sectors.
Read More
L&T Finance Ltd. Launches Knowledgeable AI (KAI), an AI-powered Virtua
Updated : 1 year, 1 month ago IST
Mumbai (Maharashtra) [India], February 1: L&T Finance Limited (LTF), a leading Non-Banking Financial Company (NBFC), is transforming the home loan experience with the launch of Knowledgeable AI (KAI), an AI-powered virtual advisor, on its newly redesigned corporate website (www.ltfinance
Read More
Finance minister to meet NBFCs on March 8 to discuss key issues and greate
Updated : 1 year, 1 month ago IST
The Ministry of Finance on Friday stated that a full-day conclave for Non-Banking Financial Companies (NBFCs) and Micro Finance Institutions (MFIs) will be held on March 8, 2025, in New Delhi.
Read More
Budget Session will have several key economic and policy bills to shape In
Updated : 1 year, 1 month ago IST
A series of important bills are likely to be taken up during the session. These include the Banking Laws (Amendment) Bill, 2024, aimed at strengthening banking regulations and oversight, and the Railways (Amendment) Bill, 2024, which focuses on enhancing the operational efficiency of the Ind
Read More