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Articles for Banking & Finance

Revolutionising Insurance

With this solution, the insurer can expect 3 to 5 per cent savings overall in their claim payout within the first year

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RBI Drafts New Guidelines For Banks To Strengthen Liquidity Buffer

Effective from FY25, these guidelines aim to avert situations similar to the collapse of Silicon Valley Bank by ensuring that banks are well-prepared to handle sudden outflows

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RBI Tightens KYC Norms For Revised DMT; Experts Weigh In

Every transaction by a remitter will now be validated by an additional factor of authentication.

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Federal Bank’s Net Profit Rises To Rs 1,010 Cr In Q1

The bank saw a significant increase in total deposits, which grew by 19.58 per cent and total net advances, which rose by 20.34 per cent

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Comparing The 5 Best Demat Accounts In India: A Comprehensive Guide

If you wish to trade on the Indian stock market, you must open a demat account. However, choosing the right demat account is a must for a seamless investing experience

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Budget 2024-25
Budget 2024: Revised Tax Structures, Increased Standard Deduction To Make The New Tax Regime More Attractive

Revised tax slabs in the new tax regime now benefit the middle class and pensioners, with a 5 per cent rate for incomes between Rs 3-7 lakh and 10 per cent for Rs 7-10 lakh, saving up to Rs 17,500 more

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Life Insurance Sector Urges FM To Lower GST To Boost Accessibility

The life insurance sector, in particular, is expecting the finance ministry to consider lowering Goods and Services Tax (GST) on insurance products

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Fintech Industry Sees Substantial Infusion Of Capital In Q2FY24; Lending Sector Front-runner: Report

India's fintech sector attracted USD 158 million in Q2 2024, led by lending platforms. Pune emerged as the top city for investments, driven by Fibe's USD 65 million funding, according to the report

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