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Articles for Banking & Finance

RBI, UAE Central Bank Sign MoUs For Cross-border Transactions

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

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Bandhan Bank's Q1 Net Profit Falls 19% To Rs 721 Cr

The drop in profit exceeded analysts' expectations, who had predicted a decline of around 14 per cent

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RBI To Release Guidelines For Banks To Resolve Rupee Trade Issues: Report

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

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Tactical Partnerships Form A Key Pillar Of Our Growth Strategy: Alok Rungta, Future Generali India Life Insurance

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

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Bandhan Bank Q1FY24 Preview: Modest Earnings Expected In Soft Quarter

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

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Tata AIA Life Insurance Launches Small Cap Discovery Fund

The New Fund will offer policyholders the opportunity to generate capital appreciation in the long-term by investing in small-cap market capitalisation stocks

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HDFC Bank Onboards 1 lakh Customers And 1.7 lakh merchants On CBDC Programme

The bank has also launched a UPI QR code interoperable with India's sovereign digital currency

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Target Maturity Funds Help Investors Shift Towards Debt Mutual Funds

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

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