Airtel Payments Bank launches face authentication for savings bank accounts
Airtel payments bank has launched face authentication-based savings account opening for customers, becoming the first payments bank to offer the...
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BFSI
NBFCs’ asset base scales past Rs 54 lakh crore: MoS Finance
The asset base of non-banking financial companies has scaled past Rs 54 lakh crore as of March 2022, constituting almost...
Read moreICICI Bank launches new products for NRIs at its GIFT City branch
ICICI Bank launched two new products- Loan against Deposits (LAD) and Dollar Bonds for its NRI customers at its branch...
Read moreTest drive over, HDFC Bank plans to go big on EV loans
HDFC Bank is aiming to treble its lending to electric vehicle (EV) purchases in three years after an early test...
Read moreRBI allows HDFC Bank, Canara Bank to open vostro account for Rupee trade with Russia
The Reserve Bank of India (RBI) on Monday allowed HDFC Bank Ltd and Canara Bank Ltd to open a special...
Read moreAnant Singhania, CEO, JK Enterprises & President, IMC Chamber of Commerce & Industry conferred BFSI & Fintech Winners
B2B Infomedia: Indian BFSI sector is poised to become the third largest in the world by 2025. It means a huge...
Read moreNPCI in talks with RBI on UPI volume cap deadline
National Payments Corporation of India (NPCI), which runs the UPI digital pipeline, is in talks with the Reserve Bank on...
Read moreBanks increase EBLRs by 190 bps in tandem with RBI’s repo rate hike
All major banks have increased their external benchmark-based lending rates (EBLRs) by 190 basis points in tandem with the hike...
Read moreBanks prefer to give loans now than buy bonds
Investments to deposits ratio of the Indian banking industry fell to a four-month low as banks allocate more of their...
Read moreGovt raises maximum tenure of PSU banks’ CEO to 10 years
The maximum tenure of CEO and MD of public sector banks has been increased to 10 years, a move that...
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