Page 18 of Banking, Financial Services and Insurance (BFSI) News

Industry players said there is also a lack of coordination and standardisation among states in terms of land laws, policies…

In FY23, Open had managed to increase revenue by 24% while narrowing losses to Rs 242.2 crore from Rs 249.3…


In FY24, our AUM grew by almost 70% and the industry AUM grew by 34%. In the current year also,…

In contrast, only about 22% of users expressed a willingness to pay transaction fees on UPI transactions, according to a…

The provisions of the IRDAI circular are intended to provide policyholders with faster and more transparent services.

As interest rates are likely to fall, locking money in special deposits with predefined tenures will help depositors align with…

Currency hedging cost is the spot and forward rate differential as percentage of the spot rate.

Long-duration funds are highly sensitive to interest rate changes. Individuals who can tolerate short-term volatility and hold the bonds for…

MIIs have been asked to disclose on their websites (and in their respective annual reports) the details of financial disincentive…

The weighted average domestic term deposit rates (WADTDRs) on fresh and outstanding rupee term deposits increased by 245 bps and…

With liquidity swinging from surplus to deficit, the central bank has also stepped up its efforts to infuse short-term funds…

The restrictions imposed by the central bank had prohibited the company from sanctioning, disbursing, or selling any of its gold…

The Finance Ministry said that India’s performance on the FATF Mutual Evaluation accrues significant advantages to our growing economy, as…

The SA 600, as it exists today, does not permit review of work papers of component auditors by the principal…

The case concerned allegations that certain broking firms, including OPG Securities, were given preferential access to NSE’s co-location facilities through…

According to FIEO, the value of export credit outstanding has come down to Rs 2,17,406 crore in the March 2024…

In the last round of inspections in 2023, NFRA had highlighted that firms were violating the norms, and the regulator…