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Articles for Banking & Finance

L&T Finance Holdings Granted Approval For Name Change By RoC

Sudipta Roy, Managing Director & CEO of L&T Finance, emphasised that the name change signifies a renewed focus on enhancing customer value and fostering sustainable growth

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HDFC Bank Raises Home Loan Interest Rates By 10-15 Basis Points

This adjustment was attributed to the merger of HDFC Bank and HDFC, effective from 1 July 2023

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In FY 23-24, Over 34% Of Our Customers Were Women: Shaji Varghese, Muthoot FinCorp

In an interview with BW Businessworld, Shaji Varghese, CEO of Muthoot FinCorp, talks about financial inclusion, technology Integration and commitment to serving underserved communities

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HSBC Finalises Sale Of Canadian Unit To Royal Bank Of Canada

HSBC announced in a statement on Friday that the transaction would lead to an approximate gain of USD 4.9 billion being recognised in the first quarter of 2024

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PhonePe Enables Indian Travellers In UAE To Make UPI Payments

In a recent announcement by PhonePe, it was revealed that Mashreq's NEOPAY terminals will now accept UPI apps as a payment option

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Near-term Cheer Likely For Indian Rupee; Headwinds Remain For Rest Of FY25

India's external sector to remain favourable along with front-loaded Indian rupee support

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ED Seizes Rs 32.34 Cr In 580 Bank Accounts Linked To Advertisement Scam In Hyderabad

The investigation was initiated following an FIR lodged by the Cyber Crime police of Hyderabad under various sections of the Information Technology (IT) Act and the IPC against unidentified individuals

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Kotak's Rs 60 Cr BJP Donation Coincided with RBI's Kotak Mahindra Bank Decisions

Newly released electoral bond data by the Election Commission reveals that a Kotak group entity donated Rs 35 crore to the Bharatiya Janata Party (BJP) in the period leading up to the settlement. Notably, Rs 10 crore was contributed shortly before the announcement of the settlement

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