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Articles for Banking & Finance

Manufacturing Ends 2023 At 18-Month Low Amid Weaker New Orders, Output

The HSBC India Manufacturing Purchasing Managers' Index, produced by S&P Global, dipped to 54.9 in December from November's 56.0

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Kotak Mahindra Bank Appoints Anupam Kaura As Head Of HR

Kaura has over 25 years of experience in leadership roles across Indian and international banking and finance firms

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EbixCash Travel Reports Robust Business Growth

Retains Leadership in Multiple Travel Areas Besides Leadership in Multiple ASEAN Countries

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RBL Bank Offloads Rs 800 Cr In Stressed Credit Card Loans At 97% Discount

RBL Bank's gross non-performing assets stood at Rs 2,441 crore as of 30 September, experiencing a 1.5 per cent increase quarter-on-quarter

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RBI Aims To Cut Banks' NNPA For Dividend Payouts

According to the proposal, feedback on this draft can be submitted until 31 January, with the proposed norms affecting dividend declarations starting from FY25

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UPI Transactions Cross 100 Bn Mark In 2023

Operating alongside other payment processing infrastructure, UPI witnessed 54 per cent year-on-year (YoY) growth in transaction volume and 42 per cent surge in transaction value for December 2023

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Insurance Shifts: A Glimpse Into 2024

Charting the dynamic shifts in the insurance sector in the past year and anticipating transformative innovations in 2024

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RBI Issues Guidelines To Trace Customers With Inoperative Accounts, Unclaimed Deposits

This latest circular applies to all commercial banks (including regional rural banks) and all cooperative banks

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