Search For "banks"
N.S. Venkatesh to Spearhead Athachi Finserv
Updated : 1 year, 9 months ago IST
Mumbai (Maharashtra) [India], June 1: N.S. Venkatesh, the highly respected financial professional who headed the Association of Mutual Funds in India (AMFI) as its CEO from 2017 to 2023, besides holding top positions in prestigious banks and financial institutions, is now embarking on a new
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Document reveals how Hamas plundered Gaza banks of millions
Updated : 1 year, 9 months ago IST
The Bank of Palestine is the largest Palestinian bank with branches throughout Judea, Samaria and Gaza.
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Federal Bank and Tata AIA Life Insurance Announce Strategic Bancassurance
Updated : 1 year, 9 months ago IST
Mumbai (Maharashtra) [India], May 31: Federal Bank, a prominent private sector bank in India, announced a Bancassurance tie-up with Tata AIA Life Insurance Co Ltd, one of India's leading life insurance companies. This strategic alliance aims to provide Federal Bank's customers, access to Tat
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Bad loans during UPA stifled credit needs of startups and small businesses
Updated : 1 year, 9 months ago IST
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.
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Insolvency and Bankruptcy Code helped banks to recover from NPA: Nirmala S
Updated : 1 year, 10 months ago IST
Citing the success of the IBC, she mentioned that World Bank, in its 2019 report, noted that India's 2016 insolvency regime reform increased creditor recovery rates from 26.5 to 71.6 cents on the dollar, making India 'by far the best performer in South Asia' and surpassing even the averag
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Newgen Launches LumYn, Gen AI-Powered hyper-personalization platform for b
Updated : 1 year, 10 months ago IST
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.
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Large Indian banks are expected to improve their asset quality in the curr
Updated : 1 year, 10 months ago IST
The cumulative nonperforming loans (NPLs) of India's three largest private and three largest public banks fell to 2.483 trillion Indian rupees in the 12 months ending March 31, marking an 11 per cent decrease from the previous year's Rs 2.791 trillion.
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iBind Systems and Google Cloud Collaborate to Revolutionize Corporate Bank
Updated : 1 year, 10 months ago IST
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
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UAE: MoHAP launches 'Easy Payment Initiative' for customers
Updated : 1 year, 10 months ago IST
The Ministry of Health and Prevention (MoHAP) has launched an "Easy Payment Initiative", allowing customers to pay for Ministry services in installments using credit cards issued by eight local banks. The new initiative aims to offer customers greater financial flexibility and convenience by
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Bank credit growth to stay healthy, but with some moderation: Crisil
Updated : 1 year, 10 months ago IST
Bank credit growth is expected to moderate 200 basis points (100 basis points is equal to 1 percentage point) to 14 per cent this year after an estimated robust growth of 16 per cent last financial year, according to Crisil Ratings.
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Cyclone Remal: Mizoram government orders closure of government offices, sc
Updated : 1 year, 10 months ago IST
The Mizoram government has ordered closure of all government offices on May 28 in view of the inclement weather and the warning issued by the India Meteorological Department (IMD) on "Cyclone Remal."
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Congress is anti-Dalit, anti-reservation: BJP SC Morcha President Lal Sing
Updated : 1 year, 10 months ago IST
"Congress is against Dalits, Constitution and BR Ambedkar. Congress has toppled 73 state governments. Dalits, tribal, backward and women are vote banks for Congress. They are lying that the constitution is under threat and that the reservation will be ended. The Congress party and INDI Al
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