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Articles for Banking & Finance

Bandhan Bank Names Ratan Kumar Kesh As Executive Director

Ratan Kumar Kesh will be taking over the position from 31 March 2023, for a period of three years

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Kotak Bank’s Shareholders Nod For Uday Kotak To Be Non-executive Director Post MD Term

He would be taking the director role after ending his term as MD and CEO on December 31, 2023, according to the bank’s exchange filing

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NRI Deposits Over $5 Bn Between April 2022 & Jan 2023, Doubles Than FY22

According to Reserve Bank of India statistics, NRI deposits increased to USD 136.81 billion at the end of January 2023 from USD 134.48 billion in December 2022, ending the streak of declining outstanding amounts. It was 139.02 billion in March

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Tata AIA Life Insurance Launches NFO Offerings

Investments in the two NFOs can be made through Tata AIA’s ULIP offerings like Fortune Pro, Wealth Pro, Fortune Maxima and Wealth Maxima

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Current Balance Sheets Of Indian Banks In A Significantly Healthy Shape: HDFC

The Indian banking system has gone through a multiyear cleanup exercise prior to the pandemic, according to the research report

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PSBs' Total Market Cap Rises From Rs 4.52 Lakh Cr In Mar'18 To Rs 10.63 Lakh Cr In Dec'22

According to MoS Karad, the capital adequacy ratio of PSBs has improved significantly from 11.5 per cent in March 2015 to 14.5 per cent in December 2022

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FPIs Invest Rs 11,500 Crore In Indian Equities In March

Considering the collapse of the US-based banks, Silicon Valley Bank and Signature Bank that dented the overall market, chances are the FPIs may take a cautious stance in their approach, said experts

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Indian Banks Are Epitome Of Resilience: SBI Report

When compared with other major countries, India has the least foreign claims, both as a counterparty basis and also as a guarantor basis, the report states

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