Banking Finance - Latest News, Analysis, Opinion

The bank's board at its meeting on October 29, 2020 had proposed to raise Rs 6,000 crore by issuing shares through QIP.

BOJ Loads Up $6 Billion In Ammunition In Rare Move To Combat Market Turmoil

Japanese financial institutions have repeatedly faced dollar funding strains in times of market stress, though the BOJ's dollar-funding operations have drawn little demand in recent months as markets remain stable.

SBI Card, BPCL Jointly Launch Credit Card Offering Benefits To High Fuel Spending Customers

Card holders can avail the benefit from over 17,000 BPCL fuel stations across the country, and there will be no minimum transaction threshold for fuel spends, enabling customers to save with every transaction

We have witnessed a steep increase in sale of health insurance offering has grown by 100%: HDFC ERGO

Aniruddha Bose

In an interview with BW Businessworld, Ravi Vishwanath, President - Health Business, HDFC ERGO General Insurance, talks about digital business amidst the new normal, new trends, and more

Yes Bank Aims To Double Credit Card Customer Base In 2 Yrs, Grow Book By 4-Times: Head Of Credit Card Biz

Yes Bank's outstanding credit card at the end of September 2020 stood at 8,16,208, with value of transactions standing at Rs 490.76 crore

What do Marshmallows have to do with Investing?

Aniruddha Bose

No prizes for guessing that the kids who were subjected to more reliable environments prior to the experiment, displayed the higher ability to wait it out for the second marshmallow.

Health insurance is a must as it provides financial security during unforeseen circumstances: Amar Joshi, SBI General Insurance,

Aniruddha Bose

In an interview with BW Businessworld, Amar Joshi, Chief Business Officer, SBI General Insurance, talks

Lloyds Says Black Employees Paid Nearly A Fifth Less Than Colleagues

The median pay gap for Black staff was 19.7% this year, while the gap for all Black, Asian and Minority Ethnic (BAME) employees was 14.8%.

The Advent Of Tech-Enabled Insurance Ecosystems

Devashish Mishra

82% of insurance companies confirm that claims innovation is their most important priority. In India, referring to IRDAI numbers, premium growth rate for Mar ’20 was ~10% in the non-life insurance segments, and ~11% in the life insurance segment.

How Video-KYC Is The Future For The Financial Industry

Omkar Shirhatti

The development of VideoKYC has been a blessing in disguise, as it ensures ease of business for financial service providers and their existing & potential client base.

NBFIs' Credit Pressures To Persist As GDP Recovers: Fitch

ANI

India's economy started to emerge from the effects of severe pandemic-driven restrictions in mid-2020. GDP expanded by 23.2 per cent quarter-on-quarter in the quarter ended September after contracting by 23.9 per cent year-on-year in the June quarter.

Canara Bank Sets Issue Price For Rs 2,000 Cr QIP At Rs 103.50 A Share

The sub-committee approved the 'issue price at the floor price of Rs 103.50 per equity share...for an aggregate value of Rs 2,000 crore to be allotted to eligible qualified institutional buyers in the QIP

Canara Bank Sets Issue Price For Rs 2,000 Cr QIP At Rs 103.50 A Share

Singapore Bank DBS To Launch Digital Exchange For Institutional Investors

The DBS Digital Exchange will use blockchain technology to provide a platform for fundraising through asset tokenisation and secondary trading of digital assets

FIDC Suggests Relaxing Norms for NBFCs at GIFT IFSC