In response, CLSA has made a strategic shift in its India focus portfolio, replacing L&T with HCL Tech, and turning more defensive by favouring private banks, IT, insurance, and commodities.
New Delhi [India], June 4: Today marks a significant milestone in the journey of financial inclusivity and cooperative banking with the launch of Infinite Multistate Credit Cooperative Society. As the founder of this ambitious venture, I am immensely proud and excited to present to you an in
New Delhi [India], June 3: Investment banking is one of the most popular choices for university graduates who want to make it big in the world of finance. Although the world of investment banking can be famously gruelling, it does offer the benefit of extremely high salaries, bonuses, and co
The market capitalization of the State Bank of India (SBI) crossed the Rs 8 lakh crore mark on Monday after the bank's shares surged to a record high of Rs 907.
Ajay Bagga, banking and market expert, commented on the market performance, stating, "Monday is witnessing a gap-up opening, but we anticipate further upside on Tuesday as actual trends become clearer."
The bad loans crisis during the Congress-led UPA tenure stifled the credit requirements and dreams of crores of aspirational Indians who wanted to establish start-ups and expand small businesses, alleged Finance Minister and senior BJP leader Nirmala Sitharaman.
According to a press release from the company, the "JioFinance" app offers an integration of digital banking services, including UPI transactions, bill payments, and insurance advisory.
The Board of Hero FinCorp, a non-banking financial company and an associate of Hero MotoCorp, has approved an Initial Public Offering (IPO) for a fresh issue and offer for sale, the company informed the exchange in a filing.
Newgen Software, a global provider of low-code digital transformation platforms, has announced the launch of LumYn, a Gen AI-powered hyper-personalization platform designed specifically for the banking sector.
Bangalore (Karnataka) [India], May 29: iBind Systems, a fintech startup redefining on-boarding in Corporate banking, and Google Cloud (NASDAQ: GOOG) today announced a collaboration that aims to integrate iBind's cutting-edge corporate banking SaaS product with Google Cloud's robust infrastru
The PRAVAAH (Platform for Regulatory Application, Validation and Authorisation) portal will allow any individual or entity to easily apply online for various regulatory approvals, the RBI said in a notification.
According to the press release, this growth, recorded from April 2023 to March 2024, was largely driven by the Engineering and Manufacturing (E&M), Banking, Financial Services and Insurance (BFSI), and technology sectors.