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Articles for Banking & Finance

Reduction in provisioning helped few corporate banks report better profitability: Arun Thukral, MD & CEO, Axis Securities

In an interview with BW Businessworld, Arun Thukral, MD & CEO, Axis Securities, talks about mutual funds market and more

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We Expect To See More Innovative Products To Be Launched In 2019: Ritesh Kumar, HDFC ERGO General Insurance Co

In an interview with BW Businessworld, Ritesh Kumar, MD & CEO, HDFC ERGO General Insurance Company, talks about key trends in general insurance space in 2019 and more

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Citigroup Sees $2 Billion More Revenue From Lending In 2019, Shares Rise

Chief Financial Officer John Gerspach pointed to growing revenue from its consumer banking business and a reduced government surcharge for deposit insurance, as drivers for net interest income this year

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Whole Life Term Insurance Is An Ideal Product For The Indian Market: Souvik Jash, Appointed Actuary, Aegon Life

In an interview with BW Businessworld, Souvik Jash, Appointed Actuary, Aegon Life, talks about the trend in 2019 in the life insurance space and more

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Bandhan Bank Q3 Profit Rises 10%, But Asset Quality Worsens

Net profit was Rs 3.31 billion ($46.89 million) for the three months ended Dec. 31, compared to 3 billion rupees a year earlier

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Yes Bank Finalises Potential Candidates For Top Job

The private sector bank will now seek approval from the Reserve Bank of India (RBI) for the CEO appointment, and will make the relevant disclosures after the RBI's approval, the lender said in a statement

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IndusInd Bank Third-Quarter Profit Rises 5 Per Cent

Net profit was 9.85 billion rupees ($139.65 million) for the quarter ended Dec. 31, compared with 9.36 billion rupees a year earlier, the bank said. Interest earned rose 34.4 per cent to 57.63 billion rupees

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RBI Appoints Aadhaar Architect Nandan Nilekani As Chairman Of Panel On Digital Payments

The five-member panel on deepening of digital payments has been constituted with a view to encourage digitisation of payments and enhance financial inclusion through digitisation

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