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Articles for Banking & Finance

Possible Bank Closures On Specified Dates Due To Employee Strikes: Full Details Here

Bank workers nationwide to stage six-day strikes in December, announces AIBEA notification

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Individual Embezzles Rs 1 Cr From Insurance Company

An unnamed individual in Mumbai is accused of siphoning Rs 99.99 lakh from ICICI Lombard General Insurance Company using forged signatures. Police are investigating, and the suspect has been traced to Jharkhand

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Chief Economic Adviser Calls For Transparency In World Bank Governance Indicators

The World Bank's Worldwide Governance Indicators rank 215 countries and territories across six governance dimensions: 'Voice and Accountability,' 'Political Stability and Absence of Violence,' 'Government Effectiveness,' 'Regulatory Quality,' 'Rule of Law' and 'Control of Corruption'

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We Have Strengthened Our Risk Control Unit To Tackle Challenges: MD & CEO, IndiaFirst Life

In an interview with BW Businessworld, Vishakha R.M. shares insights into her journey, challenges faced as a woman leader, and the evolving landscape of the life insurance sector

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Supreme Court Ruling Spurs Promoters To Swiftly Settle Bank Dues

According to reports, promoters of companies, under insolvency proceedings, are expected to settle their pending dues with banks, fearing loss of their personal assets

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UCO Bank Recovers 79% of Erroneously Credited Funds Post Technical Glitch

UCO Bank has reclaimed Rs 649 crore, equivalent to 79%, of funds mistakenly credited to certain accounts through Immediate Payment Service (IMPS)

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NBFC-MFI Financed Rs 1.4 Lakh Cr Loan In Micro-credit Space: Report

NBFC-MFIs have emerged as the largest loan provider of microfinance in India, according to the report

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RBI Directs Bajaj Fin To Stop Loans Under 'eCOM', 'Insta EMI' Products

The decision came since the non-banking financial company(NBFC) did not comply with certain norms set by the RBI

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