Page 20 of Banking, Financial Services and Insurance (BFSI)

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

GST, GST Council Meeting, Nirmala Sitharaman, insurance premiums, insurance companies, online gaming, tax slabs, Rate rationalization, GST notices, GST demand, cross border transaction, petrol & diesel

What can we expect from the 54th GST meeting on September 9? Insurance premiums, online gaming likely to get attention

Experts said that the 54th GST Council meeting is expected to discuss and make announcements on rate rationalisation, reduction in…

August 28, 2024 14:02 IST

SEBI, Securities and Exchange Board of India, SEBI settlement, SEBI regulatory issues, SEBI adjudication, SEBI fines, SEBI compliance, SEBI orders, SEBI proceedings, SEBI regulations, SEBI penalties, SEBI show cause notices, SEBI investigations, SEBI enforcement actions, SEBI directives, SEBI decisions, SEBI charges, SEBI settlement agreements, SEBI news, SEBI settlement, Central Depository Services India Limited, CDSL, Citibank N.A., regulatory disputes, settlement charges, SEBI regulatory violations, CDSL Rs 1.3 crore, Citibank N.A. Rs 40.2 lakh, operational framework violations, defaulted debt securities, Foreign Portfolio Investors rules, FPI breaches, Customer Acquisition Forms, unauthorized replication of signatures, SEBI adjudication proceedings, litigation resolution, SEBI show cause notices, regulatory compliance, financial institutions, settlement agreements, SEBI orders

SEBI Settlement: CDSL and Citibank N.A. pay up to resolve regulatory issues

CDSL paid Rs 1.3 crore, while Citibank N.A. settled its case with a payment of Rs 40.2 lakh.

Updated: August 27, 2024 21:38 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

B2C e-comm funding soars 200% to $1.6 billion in Q2

Analysts attribute this surge in fundraise by some of the bigger players such as Zepto during the June quarter, rapid…

Updated: August 26, 2024 07:36 IST

Nifty Rejig: Trent, BEL to replace Divi’s Lab, LTI Mindtree on Nifty from Sep 30

Bandhan Bank will be excluded from Nifty Bank, while Canara Bank will be included, as part of the periodic review…

Updated: August 23, 2024 22:40 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

banking sector, banks, BFSI, NBFC, insurance companies, AUM, NII, NIM, deposit growth, credit growth, loans, asset quality

Banks clock stable Q1 results: Private banks fare better than PSUs

While private banks posted healthy deposit growth at around 17 per cent YoY, the drag from PSU banks (up

August 21, 2024 13:05 IST

crisil, crisil ratings, arc, Assets under management, asset reconstruction companies

Assets of private ARCs may shrink 10% this fiscal

Crisil Ratings estimates AUM of private ARCs at Rs 1.2-1.25 lakh crore by the end of fiscal 2025, down from…

August 21, 2024 00:30 IST

P2P lenders stare at muted growth post RBI crackdown

The immediate withdrawal facility was marketed under the guise of secondary market transactions.

August 20, 2024 03:00 IST

This is one of the brightest outlooks on private capex for the current financial year.

RBI paper sees 54% growth in private capex

Infrastructure sector continued to attract major share of envisaged capital investment, led by ‘roads & bridges’ and ‘power’ sectors.

Updated: August 19, 2024 23:24 IST

What are the factors affecting your CIBIL score and how can you improve it?

CIBIL score has become an essential gauge for assessing your financial stability. CIBIL is a three-digit number significantly influences your…

August 19, 2024 11:40 IST

bank holidays, Indian bank holidays 2024,bank holiday, bank holidays, bank holiday today, bank holidays 2024, bank holidays list, state wise bank holidays list, bank holiday in india, india bank holiday list, 2024 bank holidays, bank holiday news, bank holidays updates, indian bank holidays, today bank holiday

P2P lending platforms to seek relaxation from RBI

Companies argue that the new rule, which requires funds in the escrow accounts of lenders and borrowers to be cleared…

August 19, 2024 01:40 IST

SEBI chairperson must resign, JPC probe into Adani mega scam, demands Congress

His remarks follow recent accusations by Hindenburg Research, which alleged that SEBI Chairperson Madhabi Buch and her husband had stakes…

Updated: August 17, 2024 16:57 IST

Govt notifies FEMA amendments on cross-border share swaps

The amendments were carried out following the Union Budget announcement on simplifying rules and regulations for foreign direct investment and…

August 17, 2024 05:00 IST

NCD issuances by deposit-taking HFCs set to rise

Major HFCs that raise deposits include LIC Housing Finance, PNB Housing Finance, Can Fin Homes and Sundaram Home Finance.

August 17, 2024 01:30 IST

RBI, Reserve Bank of India, banking, banking news, financial express

RBI tightens norms for P2P lending platforms

In revised guidelines, the RBI said a P2P platform should not promote peer-to-peer lending as an investment product with features…

August 16, 2024 22:14 IST

Related News

H-1B visa cap lottery, H-1B weighted selection process, H-1B visa wage levels, H-1B visa petition fee, foreign workers

US announces new rules for selection of H-1B visa for foreign workers

3 ‘Buy’ recommendations by Motilal Oswal, with up to 18% upside potential

PAK vs BAN Live Score, Pakistan vs Bangladesh Asia Cup 2025 Super Four Match Live Cricket Scorecard

Pakistan vs Bangladesh Live Cricket Score, Asia Cup 2025 Super Four: BAN win toss, opt to bowl first in do-or-die encounter

The MagSafe chargers in Apple Stores are damaging the iPhone 17 Pro models, says Apple.

‘iPhone 17 Pro, Pro Max damage marks in stores due to MagSafe…’ clarifies Apple after internet erupts with complaints

India’s $30 billion data centre boom: 3 ‘hidden’ stocks to watch

Billionaires of Bengaluru: Meet richest people in the city worth over Rs 11,000 crore

Life37 min ago

R. Jagannath, and Kiran Mazumdar-Shaw

Bengaluru, the Silicon Valley of India, boasts of some of the wealthiest individuals in the country, including tech entrepreneurs and real estate tycoons. The top 10 billionaires in the city have a combined net worth of over Rs 4 lakh crore. In contrast, Mumbai is known as the ‘millionaire capital’ of India, with more than 1,40,000 millionaires.

View all shorts