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Articles for Banking

RBI Warns Indian CFOs Against Fraudulent Transactions

Swaminathan J says that there is a need for long-term solutions that address the root causes of the problem

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HDFC Capital Acquires 8% Stake In TruBoard Technologies

This strategic investment will help accelerate technology enhancements, expand market reach, and ensure robust infrastructure and customer support for future growth.

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IRDAI Bans Ads That Promote ULIPs As Investment Products. We Had Warned You Before

High commissions, a complex cost structure and bundling with life insurance makes ULIPs a product that one should avoid

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How Indusind Bank's Public Shareholders May Be losing Out To Promoters

Unlike India's other large banks, all the para banking assets are being acquired by promoter entity IIHL instead of Indusind Bank, which has the same aspirations. Promoters gain but are public shareholders of the bank losing out?

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AI Set To Revolutionise Global Banking, Boosting Profits By $170 Bn By 2028: Report

The report underscores the broader implications of AI as a GPT, likening its potential to the industrial revolution's steam engine and the internet age's transformative power

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Tata AIA Life Introduces Midcap Momentum Index Fund

Tata AIA Life has introduced the Midcap Momentum Index Fund, aimed at capitalizing on India's significant economic growth

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Bitcoin Boom Incoming? Crypto Users Predict 80% Rise By Year's End

Investors are moving their Bitcoin exchanges into personal wallets. This simply indicates bullish sentiment, according to the report

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Indian Rupee To Appreciate Marginally During FY25 To Around 82 Levels: Report

According to the report, the Reserve Bank of India (RBI) interventions are expected to limit any rupee volatility

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RBI's Dividend Transfers To Ease Near-term Deposit Accretion Woes; Medium-term Structural Challenges Will Continue

This transfer, coupled with the subsequent government spending, will bolster the central government's fiscal position, enabling potential additional spending or fiscal consolidation

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High-interest Rates Sacrifice Growth: RBI Monetary Policy Member Varma Favoures Rate Cut

The current real policy rate of 2 per cent (based on projected inflation for 2024-25) is therefore excessive, he says

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