Browsing: banking & finance

India’s banking, financial services and insurance (BFSI) sector is undergoing digital transformation at a rapid pace and is gaining centrality…

By Salman S HSeveral digital lenders have raised concerns over the banking regulator’s proposal to regulate proprietary underwriting algorithms used…

Indian Overseas Bank (IOB), which recently came out of the prompt corrective action (PCA) by the RBI, says it will…

The administrator of the Rupee Cooperative Bank, CA Sudhir Pandit, met Union minister for state for finance &amp banking Bhagwat…

Bank credit grew at a slower pace of 6 per cent in June compared to 6.4 per cent in the…

HDFC Bank is aiming to hit the credit card issuance run price it had just prior to the embargo issued…

The lifting of the regulatory embargo on issuance of new credit cards by HDFC Bank will provide some relief to…

Private sector life insurer HDFC Life Insurance on Monday reported a 32.97% year-on-year fall in its standalone net profit to…

The Reserve Bank of India (RBI) on Friday extended the threat-based internal audit (RBIA) method for housing finance businesses (HFCs)…

ICICI Bank on Thursday launched digital platform ‘Merchant Stack’ to target more than 2 crore retail merchants in the nation.…