The Nifty index kicked off December with a fresh breakout, experiencing a robust month characterized by bullish activity. It reached a new all-time high of 21,801, showcasing a remarkable gain of over 1,600 points throughout the month.
Rao said, "The banks have played an extremely important role in supporting the growth story of the Indian economy. If we were to analyse the evolution of the Indian banking sector over the last five decades, we could classify this evolution into three distinct phases - post nationalisation,
Mumbai (Maharashtra) [India], December 30: Co-founded by Rohit Maroo and Satish Krishnaswamy, both ex bankers (HDFC Bank), GRAVITY promises to unleash an era of hyper-personalisation in banking space. GRAVITY as a platform is a category first in banking industry. GRAVITY makes all the underl
The Reserve Bank of India (RBI) has cancelled the licence granted to The Botad Peoples Co-operative Bank Ltd., Botad, Gujarat and allowed it to function as a non-banking institution.
New Delhi [India], December 28: eYantra Industries, India's largest B2B merchandising and corporate gifting company, has released its 3rd Annual Corporate Gifting & Trend Report 2023. It covers over 7,000 HR professionals, employees, and founders/CEOs across diverse sectors. The report e
The prestigious event, graced by industry leaders, policymakers, and economists, provided a platform for deep insights and discussions on the challenges facing the banking sector.
The gross non-performing assets (GNPA) ratio of scheduled commercial banks (SCBs) fell to a decadal low of 3.9 per cent at end-March 2023 and further to 3.2 per cent at end-September 2023.
The Summit aimed at sharing the best practices in banking innovations and exploring the areas of cooperation and collaboration in the financial sector and further enriching the economic relationship between India and Nepal.
Mumbai (Maharashtra) [India], December 22: Bank of Maharashtra, a premiere public sector bank in the country, celebrated Maha Parivartan Diwas on 19th December showcasing its commitment to digital innovations to meet diverse needs of its customers. BoM introduced a comprehensive range of cut
New Delhi [India], December 22: In a digital age where convenience is key, AU Small Finance Bank (AU SFB) is already ahead of the curve with its innovative Video Banking feature, providing customers with a swift and seamless way to open Savings Accounts. No more paperwork, no more branch vis
Mumbai (Maharashtra) [India], December 19: In an exclusive conversation between Rajveer Singh from timesnowbusiness.com & Mohit Narayan, Country Head of Soleil Capital Group, who emphasized, "The Rat Hole Miners exemplified the highest form of humanity in the face of adversity. Their unw
Noida (Uttar Pradesh) [India], December 18: Newgen Software, a global provider of low code digital transformation platform, is pleased to announce its partnership with Evalueserve, a provider of AI-enhanced products and managed services. The partnership will enable financial institutions (FI