Page 11 of Banking financial services and insurance bfsi News: Banking financial services and insurance bfsi Latest News, Banking financial services and insurance bfsi Today news, Banking financial services and insurance bfsi Breaking News

banking sector, banks, bank holidays, Mahaparinirwana Diwas, Mumbai, Dr BR Ambedkar, death anniversary, local holiday

SBI seeks RBI relief on inoperative accounts

As per the current norms, a savings or current account is classified inoperative if there is no transaction carried out…

December 5, 2024 02:30 IST

Banking worries! Credit growth falters, may stabilise around 11-12% for FY25, says SBI

The report indicates a sharp decline in both incremental credit and deposits compared to the previous year, pointing to a…

Updated: December 3, 2024 10:46 IST

NBFC, Banking, finance, Housing finance companies, HFC, GDP, economy, fiscal

NBFCs asset growth to moderate to 15-17 per cent over two years

Housing finance companies (HFCs), focusing on the affordable segment, are expected to grow at a faster compound annual growth rate…

December 3, 2024 02:30 IST

PhonePe, Juspay, Reserve Bank of India, RBI, Google Play, Amazon Play, Softbank, Banking

PhonePe discontinues ties with Juspay, to go with direct integration

A payment orchestrator operates the platform which routes these transactions through the right aggregator, depending on higher success rates.

December 3, 2024 01:00 IST

RBI Monetary Policy Meeting Live, RBI Monetary Policy Meet Live Updates, RBI MPC Meet Live, RBI MPC Meeting Live Updates, RBI Monetary Policy Meeting December 2024 Live, RBI Monetary Policy Expectations Live Updates, RBI Monetary Policy Meeting Announcements Live, RBI MPC Repo Rate 2024, RBI MPC Meeting Repo Rate News, shaktikanta Das, Shaktikanta Das Announcements Live, When and where to watch rbi mpc meet, what to expect rbi mpc meet

RBI lifts loan disbursal curbs on Sachin Bansal’s Navi Finserv

In a statement, Navi Finserv said that it has worked to address identified deficiencies, and revamp its processes and systems,…

December 2, 2024 21:20 IST

Net Owned Funds, banking, BFSI, banks, FDI, IRDAI, finance, finance ministry

Govt seeks comments on raising FDI limit to 100% in insurance

The proposal further mentioned that the requirement of Net Owned Funds for foreign reinsurers is also proposed to be reduced…

November 30, 2024 03:15 IST

PSBs, banking, banks, PM Suraksha Bima Yojana, Atal Pension Yojana, finance, bfsi

Credit focus to be strengthened, PSBs to launch new products: Govt

The government has taken several steps in the latest budget including a new credit assessment model for MSMEs based on…

November 27, 2024 01:00 IST

Life insurers may rethink bancassurance strategy

Shares of SBI Life and HDFC Life shed 2-4% a day after Sitharaman’s remarks, as over 60% of their premiums…

November 26, 2024 03:45 IST

HDFC Life Insurance Company, data theft, security protocols, customer data

HDFC Life hit by data breach incident, launches probe

In response, HDFC Life has initiated an information security assessment and data log analysis as immediate measures.

November 26, 2024 02:15 IST

On Monday, the Institute of Chartered Accountants of India (ICAI) launched a new GPT

BUSINESSNEXT launches AI platform AGENTNEXT for BFSI sector

BUSINESSNEXT launches AGENTNEXT, transforming BFSI operations with AI-driven solutions.

Updated: November 25, 2024 10:12 IST

Budget 2025, Budget 2025 Expectations, Nirmala Sitharaman, private consumption, economic growth

The hidden charges in international payments for Indian exporters

Banks charge wire transfer fees ranging from $20 to $75 per transaction for using the SWIFT network. Additional charges include…

November 24, 2024 22:22 IST

banking, Insurance bills, Parliament, banking laws, winter session

Govt lists Waqf Bill,15 others for Parliament winter session

Given that the existing players are not sufficient to cater to the 1.4 billion population, the government will likely introduce…

Updated: November 21, 2024 21:17 IST

banking, insurance sector, Voice bots, BFSI sector, Contact centres, financial disputes, legal guidelines, customer experience, Fraud Detection, automation

Is your banking & insurance contact center falling behind? Voice bots are the key to staying competitive

In an era where 90% of customers expect near-instantaneous responses to their financial inquiries, voice bots have emerged as a…

November 21, 2024 17:20 IST

insurtech, banking, bfsi, Retail health insurance, OPD, IPD, TurtleMint, Insurance Dekho

India insurtech firms make big strides, post 12x revenue growth in 5 years

The report notes that global funding for insurtech has been declining, dropping from a peak of $13.8 billion in 2021…

November 21, 2024 02:45 IST

Almost all banks top Q2 estimates

Higher non-interest income, improved recovery from bad loans, lower provisioning costs and improvement in asset quality have also helped lenders…

November 21, 2024 01:15 IST

GST, funds, TREPS, T-bills, banking, PNB, Karur Vysya Bank, market, funds

Cost of funds fall for smaller banks

An ease in rates of CDs issued by large banks helped smaller peers raise funds from the market at cheaper…

November 21, 2024 00:15 IST

Kapture CX’s new voice bot integrates advanced AI to handle customer queries and outbound sales, supporting over 40 languages for global outreach.

Kapture CX unveils first multilingual voice bot for BFSI sector, promising cost savings and enhanced customer experience

Kapture CX introduces a GenAI-powered multilingual voice bot to improve customer experience and operational efficiency in the BFSI sector.

Updated: November 22, 2024 16:25 IST

IRDAI, banking sector, bankers, insurance, bancassurance channel, distribution solutions, borrowing cost, Viksit Bharat

Avoid mis-selling: Bankers should focus on core job, not selling insurance alone, says IRDAI Chief

“The banca channel is a very useful channel. But of late, a lot of ills have crept into the system.…

November 20, 2024 13:42 IST

Page 11 of Banking, Financial Services and Insurance (BFSI)

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