Domestic banks lure techies from top tech companies
Domestic Indian banks, which have fast tracked their efforts to enhance their digital capabilities, are luring top-notch tech talent from...
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BFSI
Bandhan Bank looks to sell Rs 500-cr stressed home loans to ARCs
Bandhan Bank invited offers from asset reconstruction companies (ARC) for its Rs 500-crore distressed retail mortgage portfolio to lower the...
Read moreFino Payments looking to upgrade to small finance bank
Fino Payments Bank is keen to become a small finance bank after having completed five years of operations, Managing Director...
Read moreUniversal Postal Union to evaluate UPI platform for cross-border remittances using global postal network
The Universal Postal Union will evaluate UPI for integrating the unified payment interface with cross-border remittances using global postal network,...
Read morePhonePe Launches India’s first Health Insurance platform with monthly subscriptions
PhonePe Insurance Broking Services, today announced the launch of health insurance plans offering comprehensive insurance in partnership with leading insurers....
Read moreReliance General Insurance to get Rs 200 cr capital infusion from Reliance Capital
Lenders of Reliance Capital (RCAP) have approved the capital infusion in Reliance General Insurance to improve solvency margin of the...
Read more‘Foreign banks’ exposure to trades in long-term bonds not a concern’
The Reserve Bank of India (RBI) has been regularly reviewing the burgeoning bond-derivative trades between banks and insurance companies, and...
Read morePSU banks in real danger of privatisation, says AIBOC
All India Bank Officers' Confederation (AIBOC), the apex body of bank officers in the country, on Tuesday said state-run lenders...
Read moreSBI to set up trustee company to manage corporate debt market development fund
State Bank of India (SBI) will set up a trustee company, which will be its wholly-owned subsidiary, for managing the...
Read moreGovernment asks banks to issue mobility-enabled cards
The government has asked banks to ensure that all new cards and reissues of old cards have the National Common...
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