Economic

IndusInd Bank names Viral Damania as CFO

With 27 years of banking experience, Damania was most recently the finance chief...

RBI cancels registration certificate of Datta Finance a...

KinCash app & DoLoan app (Zest Top One Technology Pvt Ltd) and ZestCash app (com...

Walmart-backed PhonePe's losses shrink ahead of anticip...

The company reported a loss of ₹1,996 crore 19.96 billion in the year ended Marc...

PhonePe revenue grows 40% to ₹7,115 cr in FY25

The fintech also turned free cash flow positive, with operations generating ₹1,2...

HSBC says increase in US H-1B visa costs is ‘manageable’

Various HSBC units in the US received H1-B visas for 54 employees in the fiscal ...

BoB introduces person-to-person eRUPI vouchers for secu...

Powered by NPCI’s e-RUPI platform, the solution allows customers to send purpose...

Paysis, India1 payments’ arm targets onboarding 200 len...

Srinivas said currently India1 is the third largest ATM operator in the country ...

Banking system surplus liquidity shrinks to ₹7,072 cror...

 Treasury experts expect temporary pressure due to quarter-end loan disbursements

IRDAI issues warning to Shriram Life over compliance la...

The company has been directed to implement robust systems for compliance, includ...

Financial institutions should have a comprehensive stra...

Says financial institutions must invest in explainable AI frameworks that provid...

US banks lean on India hubs as Trump pledges visa fees

US lenders, including Citigroup Inc., JPMorgan Chase & Co. and Goldman Sachs Gro...

RBI likely intervenes via State banks to support rupee,...

Traders report central bank action after the rupee hits a new record low of 88.4...

SEBI, RBI eyes quicker entry processes for foreign inve...

The changes would include fewer and standardised documentation and less scrutiny...

SMBC picks up additional 4.22% stake in Yes Bank

With this transaction, SMBC has become Yes Bank’s largest shareholder, while SBI...

Karnataka Bank MD targets 80 per cent CD ratio by March...

In its efforts to grow advances, the bank will be restarting retail loan process...

MFIN seeks ₹20,000 crore credit guarantee scheme to rev...

The direct impact of drop in microfinance loans has impacted nearly 45 lakh borr...

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