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Articles for Banking & Finance

Bad Bank Chairman Karnam Sekar Reportedly Quit Over Proposals To Merge With IDRCL

The proposal for the consolidation of the two entities was initially put forth by IDRCL, which is led by former State Bank of India Managing Director Diwakar Gupta

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Yes Bank Enables UPI Interoperability for Seamless CBDC

With this move, users will now be able to scan any UPI QR code through the Yes Bank Digital Rupee app and undertake transactions in a seamless manner

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PNB Unveils PNB GST Sahay App For Instant MSME Loans Via GST Invoices

All GST-registered MSME business entities (proprietors) having an active account with PNB are eligible for the PNB GST Sahay service

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SoftBank Vision Growth Fund Sells 1.17% Stake In Zomato for Rs 940 Cr

Strategic Share Sale By SoftBank Vision Growth Fund Bolsters Zomato's Market Dynamics

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New India: Navigating India's Digital Banking Revolution

The experts talk about various facets of digital banking transformation and how can banks strike a balance between adopting cutting-edge technologies and cultivating in-house capabilities

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Reliance Considering Head Hunters To Recruit Jio Insurance CEO

Reliance representatives have held discussions with various firms in recent weeks to explore potential candidates specialising in life, health, and general insurance sectors

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HDFC, HDFC Bank Merger Unlocks Rs 1.5 Tn Gift For NBFCs Like Bajaj Finance & Jio Financial

As per the regulatory guidelines from the Reserve Bank of India (RBI), banks are restricted from having exposure beyond 20 per cent of their Tier 1 capital in a single NBFC and 25 per cent in one NBFC group

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Axis Bank Introduces 'Infinity Savings Account' With No Domestic Transaction Fees

This offering is specifically tailored for digitally astute customers who frequently embrace subscription-based models

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