Page 26 of Banking, Financial Services and Insurance (BFSI)

IDFC Limited, IFDC First Bank, merger, CCI, approval, banking sector, regulatory approval

NPAs in loan against property will reduce meaningfully: IDFC First Bank MD

For us, moving to the 3% slab world in savings account is a big moment of arrival of our bank…

October 31, 2023 03:15 IST

We are not reluctant to sell bad loans to NARCL: Punjab National Bank MD

If the opportunity arises, we will definitely engage asset reconstruction companies. But we will sell under the 100% cash sale…

October 31, 2023 03:00 IST

SBI Card plans to reduce GNPAs

“While it will be difficult to give any numbers, we should not deteriorate from here. In case of delinquencies or…

Updated: November 2, 2023 00:19 IST

Fincare SFB,AU small finance bank,AU SFB,Merger,AU merge with Fincare,AU and Fincare,bank,bank merger ,fincare small finance bank

Fincare’s acquisition to grow AU SFB’s micro loan book

Expansion of presence in South

October 31, 2023 00:30 IST

HDFC Bank, HDFC Limited, merger, banking sector, profit, revenue, NII, deposit, asset quality, Q2FY24 results, NPA

HDFC Bank looks at more BCs to reach 2 lakh villages

“If you are able to reach 200,000 villages, by and large, you cut a larger set of people who want…

October 31, 2023 00:15 IST

A proficient IT support tool can have a huge impact on employees’ productivity

Building a unified future: The role of IT consolidation in transforming BFSI operations

AI solutions such as Chat GPT-powered virtual assistants can build automation workflows

October 28, 2023 13:30 IST

No hurried merger if another bank acquires IDBI Bank

“Time has to be given for the merger of two banks in case a bank wins the bid. Operational details…

October 23, 2023 05:45 IST

Paytm, One 97 Communications, Paytm Payments Services, PwC, auditor, resignation, appointment, SR Batliboi & Associates, Vijay Shekhar Sharma, stake, Antfin, shareholder

PPBL ‘at farm’ length from One97 Comm, don’t need incremental customers for credit biz growth: Sharma

“For our credit business to grow, we actually do not need incremental consumers on our platforms. It is rather better…

October 21, 2023 19:03 IST

HSBC set for debut in India land financing

Entry into private debt space in non-real estate sectors also likely

Updated: October 16, 2023 20:00 IST

BANKER OF THE YEAR: Dipak Gupta, MD, Kotak Mahindra Bank | An ‘AI’ for hi-tech banking

Gupta is also looking forward to being more actively involved with the Centre of Excellence at IIM Ahmedabad — a…

October 11, 2023 05:15 IST

Altair'banking' on new technology to drive digital transformation in India BFSI market

Altair ‘banking’ on new technology to drive digital transformation in Indian BFSI market

Altair is now working with large banks in India catering to a total of 72+ million customers.

October 7, 2023 14:08 IST

Going by Data Sutram’s official website, it was founded in 2019

Data Sutram receives funding worth three million dollars to develop its product offerings

Reportedly, this development will help the startup strengthen its product portfolio

September 27, 2023 18:15 IST

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Cipla Q2 results: Net profit rises 3.7% YoY to Rs 1,351 crore; revenue up 7%

Business33 min ago

Cipla, a leading pharmaceutical company, reported a 3.73% increase in net profit for Q2FY26, reaching a record high of Rs 1,351.17 crore. Revenue from product sales also saw a significant rise of 6.98% YoY. The company’s EBITDA margin remained stable at 25%.

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