IDBI Bank Sale: Why Fairfax Is Paying Rs 52,878 Crore
New Delhi, Oct 15(APAC Media): The Union Cabinet has approved the sale of a 60.72% stake in IDBI Bank to...
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BFSI
LIC Unveils 3 New Insurance Plans, Here’s What They Offer
Mumbai, October 14 (APAC Media): Life Insurance Corporation of India (LIC) has introduced three new insurance plans covering retirement income,...
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UPI MDR Charges to be Implemented Post Diwali: What Merchants Need to Know
New Delhi, October 13 (APAC Media): The National Payments Corporation of India (NPCI) has decided to introduce the Merchant Discount...
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Josh Software Targets Rural Banking With AI Voice Services
New Delhi, Oct 13(APAC Media): Josh Software has introduced a voice banking service to help banks integrate AI-powered voice interactions...
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RBL Bank Q2 Results: Net Profit Skyrocket 170% YoY to Rs 482 Crore, Beats Estimates
Noida, Oct 12 (APAC Media): RBL Bank on Monday reported a 170 per cent year-on-year jump in consolidated net profit...
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Mutual Fund Outflows Hit ₹1.33 Lakh Crore in September Despite Record SIP Investments of ₹32,490 Crore: AMFI Data
Noida, Oct 12 (APAC Media): India’s mutual fund industry recorded net outflows of ₹1.33 lakh crore in September, reversing the...
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RBI Lifts Repo Rate by 25 Bps to 5.5% Amid Inflation Pressure, West Asia Tensions
Noida, Oct 7 (APAC Media): The Reserve Bank of India (RBI) on Wednesday raised the benchmark repo rate by 25...
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NBFCs Account for 47% of New-to-Credit Loan Originations in India as Credit-Active Consumer Base Grows Nearly 7-Fold: Report
Noida, Oct 5 (APAC Media): Non-banking financial companies (NBFCs) have emerged as a key channel for formal credit in India,...
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5-Day Banking Week: IBA Forms Committee to Review All Saturdays as Bank Holidays
Noida, Sep 30 (APAC Media): The Indian Banks’ Association (IBA) has formed a committee comprising representatives of bank management and...
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“The Next Wave of BFSI Innovation Will Connect Data, Intelligence and Action,” Says Nirav Prajapati, CEO, Ignosis AI
Noida, Sep 30 (APAC Media): AI is increasingly finding its way into India’s banking and financial services sector, from credit...
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