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Articles for Banking & Finance

SBI Authorised To Issue And Encash Electoral Bonds Through 29 Branches

Eligible political parties will have electoral bonds deposited in their accounts and credited on the same day

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BoB Q2 Results Out: Net Profit Rise By 28.4 % To Rs 4.253 Cr

BoB was in focus after the Reserve Bank of India (RBI) on 11 October ordered it to suspend further customer onboarding on its ‘Bob World’ mobile app

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SBI Registers Net Profit At Rs 14,330 Cr, Grows 8.03% YoY

Net interest income(NII) has stood at Rs 39,500 crore, a growth of 3.43 per cent QoQ

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Union Bank Of India Is India’s First Metaverse Bank: CTO Anil Kuril

Anil Kuril, Chief Technology Officer (CTO) at Union Bank of India, speaks with BW Businessworld on the Bank’s digital journey

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RBI Imposes Monetary Penalty On Federal Bank, PNB And Two NBFCs

The penalty has been imposed due to several violations like not strictly adhering to the interest rates as per the pre-disclosed schedule in several term deposit accounts

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IBBI Discussion Paper Proposes Two-Part Resolution Plan For Swift Takeover Of Stressed Firms

The resolution plan proposing to give control to the acquirer so that the sick firm can quickly resume its operations

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Max Life Enhances Customer Experience With AI Enabled WhatsApp Chatbot 'Mili'

The chatbot offers multilingual support and is available in English, Hindi, Gujarati, Marathi, Bengali, Telugu and Tamil

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Fino Payments Bank's PAT Grows 42% YoY

In Q2 FY24, revenue increased 18 per cent year on year to Rs 358.6 crore

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