Page 11 of Banking and Finance News

Standard Chartered India CEO Zarin Daruwala to retire on April 1, 2025; Bank yet to announce successor

Standard Chartered (the group) announces the retirement of Zarin Daruwala, CEO at Standard Chartered, India and South Asia from 1…

October 9, 2024 14:24 IST

According to a report by DBS Bank and CRISIL, 65 per cent of self-employed women in Indian metros have not taken a business loan. (Image Source: Freepik)

Women entrepreneurs desire mentorship, 65% have not taken a business loan: Report

Indian women adopting self-employment as a way forward for growth in their respective careers has become a norm nowadays, along…

October 7, 2024 12:26 IST

RBI, Banking, Banking and Finance, Banking Sector

Demand for short-term govt debt may decline

If the RBI agrees to the request, demand for bonds may fall from an anticipated Rs 4 trillion to around…

September 5, 2024 03:00 IST

Kotak General Insurance rebrands as Zurich Kotak General Insurance following acquisition

The decision was taken after the acquisition of a majority stake by Zurich Insurance Group.

September 3, 2024 17:11 IST

Federal Bank Unveils SmilePay: India's first facial payment system

New era of payments! Simply use facial recognition to complete transactions — no cash, cards, or mobile phones needed

SmilePay offers a seamless and secure way to conduct transactions. The initial rollout of SmilePay is being conducted in collaboration…

August 30, 2024 10:42 IST

10 years of Jan Dhan Yojana: How much money is deposited in 53 crore bank accounts? Know what makes Modi govt's flagship scheme special

10 years of Jan Dhan Yojana: How much money is deposited in 53 crore bank accounts? What makes this scheme so special

Pradhan Mantri Jan Dhan yojana: Average deposit per PMJDY account is Rs 4,352 as on 14th August. There has been…

August 28, 2024 15:01 IST

PNB adds new features to its WhatsApp banking services – Check out these new facilities

PNB has introduced new WhatsApp features allowing customers to download account statements and interest certificates. These additions enhance PNB’s growing…

August 26, 2024 19:30 IST

Bank credit to NBFCs falls to two-year low in June

Growth in the banks’ loan to NBFCs declined to a two-year low of 8.5% in June, down from 36% in…

Updated: August 22, 2024 08:02 IST

GenAI can improve efficiency in the Banking and Finance Sector.

The Power of GenAI – Shaping a New Era of Efficiency in Banking and Finance

Generative AI is revolutionizing the banking and finance sector by enhancing data processing, decision-making, and customer service, leading to smarter…

August 20, 2024 12:12 IST

Unlike traditional fraud involving stolen cards or hacked accounts, this type of deception is committed by the account holders themselves.

What is ‘friendly fraud,’ why consumers exploit chargeback system to avoid payments

Experts say that financial institutions are facing a growing problem where customers wrongly claim legitimate transactions are fraud.

June 7, 2024 15:01 IST

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Ayushman Bharat scheme benefits: Families with senior citizens get Rs 10 lakh health cover — but there's a catch

Ayushman Bharat scheme: Families with parents above 70 get Rs 10 lakh health cover — but here’s a catch

e-Passport launches in India: Check eligibility, how to apply, benefits and everything you need to know

Newspoint: Playing to win

Sports2 hr ago

Jemimah Rodrigues’ unbeaten 127* against Australia in the Women’s World Cup semifinal marked a historic moment for Indian women’s cricket. Her performance, combined with India’s victory over the seven-time champions, is a sign of redemption and inspiration for the team. Rodrigues’ faith in Jesus and her contribution have brought hope and validation for the sport.

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