BW Communities

Articles for Banking & Finance

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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IDFC Progressing Due To Exceptional Goodwill Of Customers, Shareholders: MD & CEO

The letter also sheds light on the bank's commitment to its culture and customer-centric approach

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Cholamandalam Investment Initiates QIP At Rs 1,200.51 Per Share Floor Price

Cholamandalam Investment may offer up to 5 per cent discount on the calculated floor price for its QIP

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Gyanendra Singh Named Chief Technology Officer At Aviva Life Insurance

Prior to joining Aviva India, Singh held the position of CTO at Toffee Insurance

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ADB Initiates Capital Moves To Boost Lending By $100 Bn In Next Decade

ADB has conventionally taken a more conservative approach, maintaining a higher risk-adjusted capital ratio than the World Bank and other multilateral development banks

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95% Of Sebi-penalised Advisers Offer Trading Calls: Study

In contrast, a mere 5 per cent of the enforcement orders are related to advisers offering comprehensive financial advice

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HSBC To Purchase Citigroup's China Wealth Unit

This development is a significant boon for the London-based bank's operations in China, though the financial particulars of the transaction have not been disclosed

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CBIC Chairman Emphasises Vigilance Against Illicit Trade

Government actively exploring advanced tech for risk management and compliance; firms up co-operation on cross border smuggling

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