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Articles for Banking & Finance

IRDAI Broadens Scope Of 'Use and File' For Life Insurance Products

These changes have been implemented to facilitate the insurance industry in promoting insurance penetration

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Tata AIA Offers Highest-ever Bonus Of Rs 1,183 Cr To Policyholders

For policyholders, annual bonus for FY2023 is 37 per cent higher than the previous financial year

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Govt Appoints Swaminathan Janakiraman As RBI Deputy Governor

Janakiraman, who currently serves as the Managing Director of State Bank of India (SBI), will succeed Mahesh Kumar Jain, whose tenure as Deputy Governor is set to conclude on 22 June

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DBS Bank India Marks 37% Net Profit Growth In FY 2022-2023

Overall, the lender’s balance sheet exhibited robust growth at 32 per cent, with total assets reaching to Rs 1.1 lakh core

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NBFCs Prioritise Existing Customers, Reduce Focus On New-to-credit Segment

As a result, several non-banking financial companies (NBFCs) are adjusting their business strategies to focus more on existing-to-credit customers and mitigate asset quality stress

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IBC 2.0 To Streamline Corporate Insolvency Resolution Framework: ICAI

In accordance with the MCA’s discussion paper, IBC 2.0 may contain a full-fledged individual insolvency framework, pre-packaged insolvency for larger corporations, a group insolvency framework, and the use of technology in IBC, according to the governing body of chartered accountants.

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Shaktikanta Das Is Central Bank Governor Of The Year

The RBI demonstrated leadership by launching a CBDC and taking a decisive stance on cryptocurrencies, which influenced other central banks’ approaches

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Shaktikanta Das Receives 'Governor of the Year' Award At London's Central Banking Awards 2023

He has been recognised for his role during Covid-19, the Russia-Ukraine war, and the subsequent fight against inflation

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