Page 19 of Banking, Financial Services and Insurance (BFSI)

HDFC Bank, HDFC Bank Q2 results, quarter earnings, profit, NII, NIM, asset quality, banking sector

Balancing numbers and serenity: HDFC Bank CFO Srinivasan Vaidyanathan’s journey from finance to philosophy

While some regulatory forbearance was forthcoming, replacing HDFC’s borrowings with bonds of more than Rs 60,000 crore was a big…

Updated: September 23, 2024 16:28 IST

Union Bank of India becomes first major Indian bank to join THIS global initiative

Union Bank of India stands at the forefront of climate risk management in the Indian banking sector, becoming a signatory…

September 9, 2024 12:59 IST

The latest decision follows a January 2023 directive from the Securities Appellate Tribunal (SAT), which ordered SEBI to review the case and examine any collusion between OPG and NSE employees.

SEBI modifies reporting timelines for commercial paper payment obligations

The recent amendment standardises the reporting timeline for both non-convertible securities and commercial papers.

September 7, 2024 11:19 IST

PNB Credit Cards: Cardholders can avail big discounts on Zomato, Blinkit deliveries

PNB Credit Cards: Cardholders can avail discounts up to Rs 500 on Zomato, Blinkit deliveries – Here’s how to use offers

PNB credit card holders can now avail discounts up to Rs 500 on Zomato food delivery & dining and up…

September 6, 2024 16:25 IST

"AI in BFSI boosts customer experiences, akin to how tech elevates Olympic performance."

Going for Gold: AI’s Role in Elevating BFSI Customer Loyalty

“AI in BFSI, much like advanced tech in the Olympics, transforms customer experiences by enhancing performance and efficiency.”

September 5, 2024 17:06 IST

Union Bank of India unveils UPI-enabled cash deposit innovation at Global Fintech Fest 2024

Union Bank of India launches easy cash deposit facility by scanning QR Code with any UPI app

Union Bank of India is leading the way in cutting edge payment products with the launch of this innovation, which…

September 3, 2024 18:58 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

NBFC, AUM, asset quality, education loans, turnaround times, credit underwriting, delinquency

NBFCs’ education loan AUM to cross Rs 60,000 cr this fiscal; asset quality to remain resilient despite country–specific concerns

After reporting a growth of over 80 per cent and 70 per cent in fiscals 2023 and 2024, respectively, NBFCs’…

September 3, 2024 15:36 IST

fintech, fraud prevention, data analytics, e-commerce, digital payments, payment frauds, data protection, financial Institutions, Predictive analytics, pattern recognition

Role of data analytics in fraud prevention for fintech

The growth in digital payments has come with its own set of challenges. The exponential increase in digital payments has…

September 3, 2024 13:18 IST

Deposit Cash at ATMs with UPI: RBI launches new feature – Here’s how to use it

This new UPI interoperable cash deposit (UPI-ICD) feature was recently introduced by RBI Deputy Governor T Rabi Sankar at the…

September 2, 2024 12:47 IST

capital gains, FPI, tax outgo, tax rate, financial assets, REITs, InvITs, buyback, dividend, investor

FPIs enters new phase – Era of higher tax outgo begins

Among the key changes impacting FPI is the increase in tax rates on both short-term and long-term capital gains derived…

September 1, 2024 12:11 IST

LIC's new term insurance plan: Eligibility, premium and benefits

Pay-as-you-go insurance: A boon for Indian consumers?

PYGI is a mode of coverage, where you need to pay for only the time it’s used, like your water…

August 31, 2024 17:38 IST

Jio Financial Services, AGM, demerger, listing, BlackRock, regulatory approval, joint venture, tech infra, assets under management, distribution, financial services, UPI, Reliance Industries

Hopeful of receiving regulatory approvals for business with BlackRock, tech stack ready for market entry: Jio Financial at 1st AGM

Hitesh Sethia, MD & CEO, Jio Financial Services Limited (JFSL), said that the company is excited about the potential of…

August 31, 2024 13:14 IST

IndusInd Bank credit card users alert! Fee structure for wallet and utility transactions revised – Details here

IndusInd Bank has announced some changes pertaining to its fee structure for Wallet Loading and Utility Payment transactions on credit…

August 30, 2024 14:48 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

Fintech innovation hub at GIFT City to become functional by Jan 2025

The hub will focus on three key pillars, the first being the International Fintech Institute, which will be created in…

August 29, 2024 16:05 IST

UPI accounts for over 80% of retail digital payments | THESE key trends to further transform digital payments ecosystem

UPI now accounts for over 80% of the overall retail digital payments in India and is expected to contribute to…

August 28, 2024 18:24 IST

Reserve Bank of India Governor Shaktikanta Das speaks at the Global Fintech Fest, in Mumbai, Wednesday, Aug. 28, 2024. (PTI Photo

‘Financial institutions, fintech must swiftly adopt robust framework to capitalise new opportunities’: RBI Governor at Global Fintech Fest

Digital financial inclusion has unique advantages of scalability, cost effectiveness, the Governor said.

Updated: August 28, 2024 18:48 IST

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Page 19 of Banking, Financial Services and Insurance (BFSI)

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