These agreements focus on promoting the use of local currencies for cross-border transactions and integrating their payment systems, specifically the Unified Payments Interface (UPI) with the Instant Payment Platform (IPP) of UAE
Read More
The drop in profit exceeded analysts' expectations, who had predicted a decline of around 14 per cent
Read More
In May, Russia’s Foreign Minister Sergei Lavrov said talks were underway with India to exchange billions of rupees that have accumulated in Indian banks for other currencies
Read More
In an exclusive interview with BW Businessworld, Alok Rungta, Deputy CEO and CFO, Future Generali India Life Insurance, shares the company’s strategies for sustained growth, partnerships, risk management, and customer-centricity
Read More
Even though Bandhan Bank’s loans saw a 5.5 per cent decline QoQ and its deposit growth remained lacklustre, the bank remains optimistic and stated their loan and deposit growth numbers in FY24 will be above industry levels at around 20 per cent
Read More
The New Fund will offer policyholders the opportunity to generate capital appreciation in the long-term by investing in small-cap market capitalisation stocks
Read More
The bank has also launched a UPI QR code interoperable with India's sovereign digital currency
Read More
The growth in AUM is being driven by a number of factors, including the rising popularity of mutual funds among investors, the increasing number of mutual fund schemes available, and the strong performance of the stock market
Read More
