In an 'X' post, TMC said the government has "ek hi naara, line mein rahe desh bechara," pointing to past governmental measures including demonetisation, the COVID-19 vaccine rollout, the Special Identification Registration (SIR), and now the LPG shortage. The party described demonetisatio
India's non-bank financial companies (NBFCs) are expected to expand faster than traditional banks over the coming decade as lenders adopt artificial intelligence and expand into new loan segments, according to a research report by Nomura.
The Reserve Bank of India (RBI) has introduced a new set of prudential norms for banks that cap dividend payouts at a maximum of 75 per cent of Profit After Tax (PAT) for most banks, linking profit distribution more closely with capital strength, profitability and regulatory compliance.
Singapore, March 9: Visa (NYSE: V) today announced the launch of Visa Intelligent Authorization, a new capability on the Visa Acceptance Platform that enables acquirers (banks and other financial institutions that process payments for merchants) to modernise their payment processing through
In a press statement, Khaled Mohamed Balama, Governor of the UAE's central bank, said banks, financial institutions, and insurance companies across the United Arab Emirates continue to operate normally and are providing services efficiently and without disruption nationwide.
India took a pioneering step in inland waterway navigation as Union Minister of Ports, Shipping and Waterways (MoPSW), Sarbananda Sonowal, laid the foundation stones for four river lighthouses along the banks of the Brahmaputra River, marking the first time lighthouse infrastructure will
"What is the reason behind the removal of genuine voters' names today? The Election Commission is silent. The full reason for this must be audited and made public. Otherwise, there will be strong protests, and we will hold a dharna on the 6th March," Congress leader Ashutosh Chatterjee to
Roth highlighted Luxembourg's robust financial sector, which comprises 115 banks, an investment portfolio of 8 trillion euros in asset management, and a presence in investment and financial services across around 80 countries. In this context, he expressed his eagerness to further strengt
The report highlighted that the recovery in disbursements was primarily led by NBFC-MFIs, which recorded 10 per cent QoQ and 27 per cent YoY growth by value. Banks also posted a sequential uptick of 13 per cent QoQ, though YoY growth remained negative. Small Finance Banks (SFBs) reported mod
The share markets in the country opened with marginal gains on Thursday, taking positive cues from global markets and overnight gains on Wall Street, as concerns over AI-led disruption eased and investor sentiment improved.
Gurugram (Haryana) [India], February 25: IIRIS Consulting Pvt Ltd today announced the official launch of IntelliTracker, a purpose-built monitoring platform designed to help banks and financial institutions manage fraud-related and law enforcement case lifecycles with structured visibility a
New Delhi [India], February 24: VideoCX.io, India's leading Video KYC and Video Banking platforms and a pioneer of Personal Discussion on Video (Video PD) since 2018, today announced the launch of its AI-powered Video PD module, further strengthening the credit underwriting process across In