According to the India Retirement Index Study, 59 per cent of Indians prioritise health in retirement planning, reflecting a growing awareness of holistic well-being
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This development is poised to augment customer acquisition, retention, and overall growth, particularly benefiting subscription-based businesses
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The features include allowing digital rupee transactions when a customer is offline and linking the e-rupee to India's popular Unified Payments Interface (UPI)
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This move is seen as a way to counterbalance the outflows in September with the return of these funds, along with other inflows into the banking system
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The growth in UPI transactions is likely to continue with the number of transactions expected to touch 20 billion per month over the next 18 months
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This exchange took place at a price of Rs 94.5 per share, based on available data, involving approximately 0.8 per cent of the total equity of the company
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The bank has appointed Amitava Goswami, who currently oversees branch banking and customer service operations at the bank, as the new Chief Compliance Officer
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The securitisation has witnessed an exponential increase post-covid from merely Rs 87,300 crore in FY2021 to Rs 1,80,600 in FY2023
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