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Articles for Banking & Finance

Irdai Approves ‘Bima Sugam’ To Make Buying Policies, Claim-settlement Easier

Bima Sugam functions like an e-commerce digital platform for insurance products

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India Seeks Project Implementation Expertise From MDBs To Draw 2047 Roadmap

On 7 March 2023, the finance ministry had held a meeting with a group of multilateral banks and sought their inputs

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Concealing Loan Use For IPO & NCD Bids Breaches Investor’s Trust: Expert

In case of borrowings, the securities should be fully paid up and clearly identifiable say experts

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Bank Of America Unifies Banking, Investing & Retirement Services In Single App

The updated app features a streamlined Accounts Overview, offering clients a personalised financial snapshot that includes banking, investing and retirement account summaries

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Cashfree Unveils RiskShield To Curb Cyber Payment Frauds

This solution will also assist Indian businesses in reducing chargebacks and disputes

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US Treasury Key Yield Curve Inversion Becomes Longest On Record

This signal is the part of the Treasury yield curve that plots two-year and 10-year yields, which has been inverted since early July 2022.

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Government To Infuse Rs 6,200 Cr In Regional Rural Banks

The performance of RRBs has improved significantly, with a consolidated CRAR (Capital to Risk-weighted Assets Ratio) at an all-time high of 13.83 per cent as of 31 December 2023.

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Turkish Central Bank Surprises Market With 50% Interest Rate Hike

Analysts interpreted the hawkish decision as a demonstration of the central bank's independence from political pressures, especially with local elections just 10 days away

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