With dividends totaling €0.6 billion distributed in May 2023, the overall distributions to shareholders in 2023 surpassed €1 billion
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In a regulatory filing, the bank disclosed that the Capital Issuance Committee, during a meeting on 11 December, endorsed the issue price
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This change in regulations has led industry leaders to provide insights into the changing dynamics of digital lending
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The 'Offline Retail Payments' product facilitates offline transactions for customers and merchants, addressing regions with limited network capabilities and aiming to boost digital payment adoption
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The collaboration marks a significant milestone, expanding Intellect's presence in India's BFSI sector and showcasing the potential of a cognitive enterprise in transforming transaction banking
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This rise in defaults added pressure to the bank's challenges, especially considering its declining capital adequacy ratio, dropping from 12.6 per cent in FY20 to 9.02 per cent in FY22, as per RBI data
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In an environment where interest rates are on the ascent, fixed-income investments require nimbleness in the portfolio. As interest rates increase, bond prices tend to decline, leading to capital losses for bondholders, writes Abhay Kumar, Mutual Fund Distributor
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80 per cent of the respondents are aware of the tax regime they are selecting,Majority prioritise long-term investment, highlights the survey
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