Page 14 of Banking, Financial Services and Insurance (BFSI) News

Its borrowing sources include loans from banks, the bonds it issues, and fixed deposits.

The bank accepted bids for Rs. 5,000 Crores at a coupon of 7.12% p.a.

Total expenses of the lender also went up by 40% to Rs 4,994.17 crore in the latest quarter. Of this,…

YES Bank Q2FY25 Earnings Results: Yes Bank is gearing up to release its Q2 earnings results on October 26, 2024.

“The company’s expenses related to the insurance business are above the limits set by IRDAI (Expenses of Management, including Commission…

Being a lender to medium, small, and micro enterprises (MSME), the company only partners with companies which are in the…

The bank’s provisions and contingencies for the quarter rose 73% quarter-on-quarter to Rs 1,820 crore and 87% year-on-year.

The insurance industry is using dynamic pricing to adjust premiums based on individual risk profiles. But the small and medium…

How are CFOs managing economic challenges in the insurance industry. A deep dive into the key risks and how industry…

In bond market parlance, AFS is referred to as a trading book, which means banks can take out their investments…

Avinash Naik, president & chief information officer at Bajaj Allianz General Insurance, said that the insurance industry has accumulated vast…

The Irdai chairman highlighted that the insurance sector manages assets worth Rs 70 lakh crore, and the investment framework has…

Pranav Chawda joined J P Morgan in 2019, and has been heading the commercial banking vertical.

The day-long summit will see a unique confluence of some of the finest minds in the insurance industry who will…

The bank’s shift toward high-net-worth and affluent individuals came after it sold its entire personal loan portfolio, valued at Rs…

BFL’s assets under management grew 29% YoY to Rs 3.73 lakh crore. New loans booked were up 14% to 9.69…

Bajaj Finserv’s IPO app now delivers even more value to investors by offering insights into market performance once shares are…

Experts see this deal as part of a broader trend of foreign banks exiting retail banking in India over the…