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Latest Articles in Banking Finance
Asian Finance And Health Ministers Pledge Support For Universal Health Coverage
During the 53rd annual meeting of the Asian Development Bank's (ADB) board of governors, ADB President Masatsugu Asakawa affirmed ADB's support for UHC as a foundation of strong health systems.
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We Advise Investors To Adopt Fund Route To Participate In Mid/small-cap Segment: Taher Badshah- CIO, Equities, Invesco Mutual Fund
In an interview with BW Businessworld, Taher Badshah- CIO, Equities, Invesco Mutual Fund, talks about recent market volatility, small & mid-caps segment, and more
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India's Fraud-Hit PMC Asked Other Major Banks For Merger - Administrator
PMC is a regional co-operative lender with 137 branches across six states in India, and its sudden downfall in late September 2019, has left thousands of its depositors struggling.
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Need For Speed: Flash Banking To Go Mainstream
Banking in the 21st century and the distant future will need to adopt an adaptive approach as per the demands of customers.
Read MoreICICI Lombard Announces Bancassurance Tie-Up With Yes Bank
Global Head for retail banking at Yes Bank, said the bank's technology and branch network strength combined with innovative product offerings from ICICI Lombard will support customers fulfill their non-life insurance needs.
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RBI Lays Down Guidelines For Banks To Appoint Chief Compliance Officers
According to an RBI circular, the CCO should be appointed for a minimum fixed period of three years in the rank of a general manager or not below two levels of the rank of CEO.
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Yes Bank Repays Entire Rs 50,000 Cr SLF Dues To RBI
The government and RBI had replaced the entire board of the lender in March this year and also stopped depositors from accessing their funds for a few days.
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SBI Raises Rs 4,000 Cr Via AT1 Bonds At A Coupon Of 7.74 %
As the aggregate bids were in excess of Rs 6,000 crore, the bank exercised the full green shoe option of Rs 3,000 crore over and above the base issue size of Rs 1,000 crore.
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ICICI Prudential Life Partners With NSDL Payments Bank To Offer Insurance Products
Ashutosh Singh, CEO of NSDL Payments Bank, said the COVID-19 pandemic has emphasised the importance of having the right insurance plans and adequate insurance covers.
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RBI Outlines Sector-Specific Thresholds for 26 Sectors on 'Resolution Plan' Suggestions by KV Kamath Committee
RBI accepts the KV Kamath Committee recommendations; issues five specific financial ratios and the sector-specific thresholds for each ratio in respect of 26 sectors to be taken into account while finalizing the resolution plans
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Where Do Indian Investors Stand When It Comes To Financial Literacy?
The survey showed that only 1.67% of the farmers were aware of crop insurance products and only 0.66% about livestock insurance products.
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ED Arrests Chanda Kochhar's Husband In Money Laundering Case
They said Deepak Kochhar was arrested by the agency in Mumbai under sections of the Prevention of Money Laundering Act (PMLA).
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Fintech Cos Need To Focus On Providing Resilient Front-ends For Financial Service Providers: Govt
Financial service providers must not hesitate to actually collaborate with fintech (financial technology) innovators for beefing up cyber security and fraud prevention
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Debt Recast: FIDC Suggests Dropping Additional Provisioning Requirement For NBFCs
In a letter to the finance minister, FIDC also said non-banking financial companies (NBFCs) have been mandated to follow Indian Accounting Standard (IND-AS) norms on provisioning for credit losses and these provisions are much higher than the RBI norms.
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Fall In GDP Alarming; Time For Bureaucracy To Take Meaningful Action: Raghuram Rajan
The eminent economist pointed out that the government's reluctance to do more today seems partly because it wants to conserve resources for a possible future stimulus.
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