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Articles for Banking & Finance

Federal Bank, Avanti Finance To Provide Income Generation Loans Under Co-lending Partnership

The partnership will enable the development of fit-for-purpose loan products that cater to the specific needs of underserved communities, promoting financial inclusion and supporting livelihood sustainability

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While Digital Process Handle Efficiency, Human Interaction Is Necessary For Empathy: Manu Lavanya, Max Life Insurance

In an interview with BW Businessworld, Lavanya, Director & Chief Operations Officer, Max Life Insurance, talks about the intersection of technology and customer service in the insurance industry and more

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Axis Bank Q2 Results: Net Profit Rises 10% On YoY To Rs 5,863.6 Cr

Net profit of Rs 5,863 crore in the second quarter of FY24 from Rs 5,329.8 crore in FY23

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State-run Banks Plan Common Blockchain Platform To Map Clients

The platform will be used to issue letters of credit and facilitate multi-party underwriting and this will allow lenders to make faster decisions and provide a more efficient and secure solution

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Kotak Mutual Fund Launches Kotak Consumption Fund

The scheme opens for public subscription on 25 October and closes on 8 November

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AU Small Finance Bank Launches AU Green Fixed Deposit

This new FD offers an interest rate of up to 8.50 per cent, with a minimum investment requirement of only Rs 5,000

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Deutsche Bank's Q3 Net Profit Declines 8% But Exceeds Expectations

Deutsche Bank's Q3 profit of 1.031 billion euros surpasses expectations, marking its thirteenth consecutive profitable quarter, despite challenges in the investment unit

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US Banking Regulators Revise Retail Lending Rules Amid Criticism

US banking regulators have modernised long-standing regulations to combat redlining and enhance lending in low-income regions

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