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Articles for Banking & Finance

Morgan Stanley Predicts Asian Central Banks To Commence Rate Cuts From Late June

Morgan Stanley warns of potential risks if rate cuts are postponed to the first quarter of 2025 or later, particularly if delays in Fed rate cuts occur and oil prices surge due to supply concerns

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Icra Revises Outlook For Banking Sector To 'Stable' From 'Positive'

The credit rating agency expects credit growth and profitability to moderate in the banking sector

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Demand For Affordable Health Insurance Surges, Employer Policies Insufficient: Report

The study revealed that among the customers choosing affordable plans, 60 per cent are purchasing insurance for the first time

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Central Banks Likely To Cut Rates From June-July, Align With Pre-covid Range: Morgan Stanley

Morgan Stanley says that Asian central banks will wait for the Fed to begin cutting rates in June before they embark on policy easing.

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J&K Bank's mPay Achieves Rs 1000 Cr Daily Transaction Milestone Before Eid

The bank’s mPay channel achieved a remarkable feat by surpassing the Rs 1000 crore milestone in a single day for the first time ever

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HSBC To Divest Argentina Business In Acquisition Agreement

Argentina has been grappling with soaring inflation, hitting a staggering 276.2 per cent last month, making it the world's highest

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RBI's New UPI Features To Enhance Prepaid Wallet Flexibility For UPI Transactions

The financial industry supported this move and said it is a progressive step to boost the adoption of interoperable cash deposits

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Draft Insurance Amendment Bill Streamlines Similar Provisions: Experts

The Draft Bill proposes various changes such as opening up the Insurance and Regulatory Development Authority of India (Irdai) registration to various classes, subclasses and types of Insurers with minimum capital requirements.

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