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Articles for Banking & Finance

ADB Approves Reforms For $100 Bn Funding Boost

These reforms were introduced as part of an update to ADB's Capital Adequacy Framework (CAF), accompanied by various undisclosed initiatives

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Bank Of Maharashtra's Stock Rises Over 1%, Nearly Doubles In 6 Months

This upward trend began in July after the bank reported strong financial results for the June quarter

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Banks Mull Separate Rating Framework For Startup Risk Profiling

Banks plan separate startup rating framework for quicker credit decisions, with input from regulators and rating agencies

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Termites Destroy Rs 18 Lakh Cash In Bank Locker After A Year

In a tragic incident, a woman from Uttar Pradesh lost Rs 18 lakh, her savings for her daughter's wedding, to termites in a bank locker

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Amid High CPI, RBI Likely To Maintain Same Interest Rate: Experts

Monetary Policy Committee (MPC) meeting is scheduled for 4-6 October 2023

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Bajaj Allianz Life Insurance, South Indian Bank Enter Into Partnership

With this partnership, South Indian Bank’s customers can invest in Bajaj Allianz Life Insurance’s value-packed products across the bank’s 942 branches in the country

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CEO Of Bank That Mistakenly Credited Rs 9,000 Cr To Cab Driver Resigns

Tamilnad Mercantile Bank's CEO, S Krishnan, resigns following Rs 9,000 crore mistaken credit to cab driver

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Weighted Average Lending Rate Of SCB Increases By 3-bps In August: RBI

WALR was 9.44 per cent in July 2023 which increased to 9.47 per cent in August

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