Page 22 of Banking, Financial Services and Insurance (BFSI)

Consensual Sex is Rape: Bombay High Court

Bombay HC orders SEBI to disclose ICICI Securities exemption letter

In a ruling on Wednesday, the court directed SEBI to provide a copy of the letter to Aruna Vinod Modi,…

August 10, 2024 21:11 IST

External Affairs Minister S Jaishankar in Maldives. (Photo: X)

India and Maldives sign MoU to introduce UPI in island nation

The Memorandum of Understanding (MoU) was signed during Jaishankar’s three-day visit to the Maldives.

August 10, 2024 16:32 IST

HDFC Bank, HDFC, HDFC news, banking, banking news

Underlying resiliency of HDFC twins remains intact: CEO

“We came out with certain key metrics on Day 1 (post merger), which is July 1, 2023. Over the last…

August 10, 2024 05:30 IST

SEBI, SEBi news, SEBI financial express, market news, market

Sebi pushes for infra investments

The regulator said one of its focus areas is capital formation through real estate investment trusts (REITs) and infrastructure investment…

August 10, 2024 01:00 IST

banking, banking news, financial express news, rbi, rbi news, Banking Regulation Act

Banking laws to be tweaked to improve services, governance

Amendments to certain sections of the Banking Regulation Act 1949 seek to increase the option for nominees per bank account…

August 10, 2024 00:35 IST

Equity MF, mutaul funds, mutal funds news, assets under management, AUM, AUM news

Equity MF inflows ease off record high levels in July

The gross systematic investment plans (SIP) hit record high of Rs 23,332 crore in July, up nearly 10% from June,…

August 10, 2024 00:15 IST

LIC Q1 net profit rises 9% to Rs 10,461 crore

The life insurance behemoth posted a net profit of Rs 9,544 crore for the corresponding quarter of the previous year.

Updated: August 9, 2024 13:03 IST

nion Finance Minister Nirmala Sitharaman speaks in the Lok Sabha during Monsoon session of Parliament, in New Delhi, Friday, Aug. 9, 2024.

Budget Session: Banking Laws (Amendment) Bill introduced in Lok Sabha, Congress opposes

The Banking Laws (Amendment) Bill, 2024 seeks to increase the number of nominees allowed per bank account from one to…

Updated: August 10, 2024 10:19 IST

Rupee drops to new lows (Photo: Freepik)

Indian rupee drops to record lows on Yen carry-trade unwinding and US recession worries

The Indian rupee hit all-time low of 83.88 against the dollar on August 6 on the back of multitude of…

August 6, 2024 13:25 IST

The Curious Case of Higher Deposit Rates

“Despite ample system liquidity and expectations of future rate cuts by the RBI and Fed, some large banks have recently…

August 6, 2024 13:16 IST

Which are the 7 best business credit cards in India?

Best business credit cards in India | Types, fees, key features and benefits

Business credit cards are very much similar to personal credit cards but they are specifically designed for managing business expenses.…

August 6, 2024 13:08 IST

Banking to lead in BFSI employment generation in H2, Fintech may lag: Report

The report highlights that NBFC companies have the highest propensity to expand their workforce.

August 2, 2024 01:00 IST

Credit growth can’t exceed deposit by miles: Governor

WE DON’T NEED PROLIFREATION OF BANKS, BUT SOUND AND WELL-GOVERNED ONES, SAYS DAS

July 19, 2024 21:16 IST

Real interest rates too high for investments to pick up: Ajay Piramal

He was speaking at the Financial Express Modern BFSI Summit. Piramal doesn’t see interest rates coming down this year.

Updated: July 19, 2024 20:57 IST

Deposit growth will come back, say bankers

Daruwala said the Centre will likely focus on infrastructure sector growth in the Budget, while also refining PLI for the…

July 19, 2024 20:32 IST

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

Insurance sector has moved from rule-based framework to principle-based approach: Irdai chairman

Panda said that after extensive consultations and engagements with all stakeholders, Irdai introduced several rationalisation measures in recent years.

July 19, 2024 20:15 IST

THE MEGA EVENT: RBI governor to kick off FE’s BFSI summit on July 19

Lending weight to the summit, currently in its third edition, are some of the biggest names from the Indian private…

Updated: July 19, 2024 08:58 IST

Demand for simulation software driving growth in India: Altair Engineering

Altair is integrating artificial intelligence and simulation technology to speed up design and engineering processes for companies, Stephanie Buckner, COO,…

July 10, 2024 03:15 IST

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Regulations to be eased to create India’s Big Four

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The Indian government is discussing ways to support the growth of audit and advisory firms, including relaxing restrictions on advertising and allowing foreign firms to participate in government contracts. The group also highlighted the importance of capacity building and promoting domestic firms to compete globally. This is seen as a positive step towards boosting the country’s economy.

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