Page 15 of finance

Credit cards, banks, bankers, markets, customers, economy

More co-branded credit cards expected in 2023

The credit underwriting and transactions in a co-branded arrangement are managed by the bank. On the other hand, the co-branded…

December 28, 2022 01:45 IST

Bandhan Bank, stressed assets, sale, bidding, Bank, Banking

Bandhan receives Rs 801-cr binding bid for sale of stressed assets

The bank shall go for bidding as per the Swiss challenge method and decision of sale shall be taken as…

December 22, 2022 00:05 IST

The RBI governor added that the developments over the last one year, which include the latest crash of cryptocurrency exchange FTX

Private cryptocurrencies can cause next financial crisis if allowed to grow, warns RBI Governor

Shaktikanta Das has been opposed to such instruments and the RBI has gone till the Supreme Court with its contention

December 21, 2022 17:56 IST

Earlier this month, the RBI revised down its growth estimate for FY23 to 6.8 percent from 7 percent

Coordinated approach between govt and RBI on price rise; govt equally serious about taming inflation: Das

Shaktikanta Das said the RBI tracks 70 fast moving indicators and classifies it as red, yellow or green depending on…

December 21, 2022 17:18 IST

RBI, Reserve Bank of India, Dollar, Currency, Markets, Trading, Investments

RBI’s forward dollar outstanding at $241 million

The smaller dollar balances in the net forward book are the result of the central bank taking delivery of its…

December 21, 2022 02:15 IST

Paytm, HDFC ERGO, mobile transactions, General Insurance, Money, UPI

Paytm, HDFC ERGO launch insurance policy to protect mobile transactions

With this new insurance offering, users can now secure themselves against mobile fraudulent transactions up to `10,000.

December 20, 2022 03:50 IST

The Department of Revenue advised banks to immediately refund charges collected, if any, on or after January 1, 2020

Note in circulation rise 8 pc annually to Rs 32 lakh crore: FM

Nirmala Sitharaman stressed that the mission of the government is to move towards a less cash economy to reduce the…

December 19, 2022 16:30 IST

Horoscope, Horoscope 2023, Navratri Horoscope Navratri zodiac, lifestyle

Finance and Career Horoscope (Dec 19-25): Check astrological prediction of your zodiac sign for the week

Give this article a good read to understand what this week holds for you, career and finance wise as predicted…

December 19, 2022 10:30 IST

Reportedly, companies such as Circle, Paxos, Binance, MakerDAO, are known for issuance of cryptocurrencies which are pegged to the US Dollar value

A stable connection! How can stablecoins bring ‘stability’ to the DeFi market

Market experts believe that dollar-pegged stablecoins permit its utilisation as a unit of exchange to generate high returns

Updated: December 16, 2022 10:36 IST

FACTBOX – UK sets out financial sector reforms

Reportedly, the authority plans to publish a response to the consultation on expanding the Investment Manager Exemption to include crypto…

December 9, 2022 15:24 IST

BFSI, banking, Financial Services companies, NBFCs, insurance, mutual fund portfolios, ETF

Taking the B out of BFSI to make it an easy play

One of the factors contributing to the Indian stock market’s outperformance relative to its global peers has been the strength…

November 24, 2022 22:47 IST

fintech, financial technology, financial services, data laws, fraud, identity theft, data security, Data Protection Bill

Why the fintech ecosystem needs clear data laws to thrive

Be it targeted advertising that follows us around on social media or mass spam calls we receive, most of us…

November 15, 2022 18:09 IST

uco bank, quarter 2 results, uco, domestic revenues, capital adequacy ratio

UCO Bank Q2 net rises 145% at Rs 504.52 crore

Domestic revenues of the bank during the second quarter stood at Rs 4,794.76 crore while international revenues stood at Rs…

November 3, 2022 16:36 IST

business intelligence, data analytics, Banking, Financial Services, Insurance, BFSI industry

The role of business intelligence and data analytics in growth of BFSI

The use of big data analytics in the BFSI sector is expected to touch US$ 86.69 billion by 2027, growing…

October 31, 2022 19:09 IST

Why is embedded finance becoming popular in India?

Embedded finance has created new avenues for companies, where they can bridge the gap between enterprises and end users

Updated: October 31, 2022 10:51 IST

Kinetic Green Energy partners IndusInd Bank for EV financing

Kinetic Green collaborates with IndusInd Bank for EV financing schemes

Kinetic Green Energy and Power Solutions have partnered with IndusInd Bank to offer financing for their range of electric two-wheelers.

Updated: October 28, 2022 15:54 IST

Emerging financing trends to boost economic recovery

Experts believe that India’s financial ingenuity is powered by the trinity of technology, innovation and fintech

October 24, 2022 17:00 IST

Going by Clix Capital’s official website, it is a NBFC aiming to revolutionise the lending space by offering differentiated digital lending products driven by technology and analytics

Clix Capital makes appointment of Gagan Aggarwal as its CFO

According to the financial services group, Aggarwal is currently the VP and head of finance and treasury at Bijak

October 18, 2022 14:56 IST

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M&M profit beats Street, rises 18% to Rs 4,521 crore

Business3 hr ago

M&M’s Q2 net profit rises 18% on strong tractor and light truck sales, surpassing expectations. However, SUV growth was slower. Better realisations, cost control measures, and investment gains boosted margins to 15.3%. Tractor and SUV volumes expected to grow in low double digits and high teens respectively for FY26.

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