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Articles for Banking & Finance

US Lawmakers Call On World Bank To Boost Climate Project Investments

The lawmakers pointed to successful climate projects in various countries, including the expansion of India's solar industry

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RBI Proposes New Rules For Debit, Credit, And Prepaid Cards In Draft Circular

The draft circular suggests that debit or credit cards should not be limited to a specific network and should be usable on any network

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RBI Okays UBS-acuired Credit Suisse To Keep Its Indian Banking License: Report

UBS has enlisted the help of Tom Wipf from Morgan Stanley to assist in overseeing the integration of Credit Suisse Group AG's operations following the bank's emergency takeover

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Bank Lending To NBFCs Rises To 41%

Analysts attribute this trend to the challenges faced by smaller NBFCs in accessing funds from money markets

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RBI Panel Makes Recommendations For Internationalisation Of Rupee; Suggests Short-term, Long-term Measures

The internationalisation of the rupee gathered steam following the Reserve Bank of India's (RBI) announcement of a mechanism to settle payments for international trade in rupees, especially for India's exports. The Reserve Bank of India (RBI) allowed invoicing and payments for international trade in Indian Rupee on 11 July 2022

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Plum Insurance Enters Business Insurance, Targets Startups And SMEs

Plum Insurance, a Tiger Global-backed insurtech firm, has announced its foray into the business insurance segment

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ICICI Bank-Videocon Case: Chanda Kochhar Reportedly Paid Tax For Family Trust During CBI Probe

Chanda Kochhar, Deepak Kochhar, and Videocon Group's promoter, V N Dhoot, have been charged in a loan fraud case amounting to Rs 3,250 crore

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Yes Bank Reports Strong Q1 Growth: Deposits Rise, Advances Up 7.5% YoY

As of June end, Yes Bank's deposits stood at Rs 2.19 lakh crore, marking a 0.9 per cent growth compared to the previous quarter

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