Indian banks unlikely to go SVB, Credit Suisse way as they can swim good in troubled waters
The bank failures in the world's largest economy and in Europe following the pandemic and war-induced tightening cycle posed a...
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BFSI
LIC total premium rises 17 pc to Rs 2.32 lakh cr in FY23
Life Insurance Corporation (LIC) on Monday said its total premium rose 17 per cent to Rs 2.32 lakh crore during...
Read moreMAS clears merger of HDFC Investments with HDFC Bank
HDFC Bank on Monday said Monetary Authority of Singapore (MAS) has given an approval for merger of HDFC Investments and...
Read moreRBI harmonises provisioning norms for urban cooperative banks
The Reserve Bank on Monday harmonised the provisioning norms for standard assets applicable to all categories of urban cooperative banks...
Read moreNew remittance rules put wealthy Indians in a fix
Mumbai: Affluent Indians, who have been legitimately parking a slice of their wealth outside the country for a decade, are...
Read moreDBS knew problem areas at Lakshmi Vilas Bank, cleaned up and integrated business from day 1: India CEO
In November 2020, when the Reserve Bank of India (RBI) decided to hand over the distressed Lakshmi Vilas Bank (LVB)...
Read moreCyberattack on Insurance Information Bureau of India; data at risk
The Insurance Information Bureau of India (IIB) has faced a cyberattack and some of the data it holds may have...
Read moreTech layoffs didn’t impact education loan repayments in FY23: Crisil
Tech sector job losses did not have any impact on the education loan portfolios of Indian non-bank finance companies that...
Read moreRBI approves appointment of Kaizad Bharucha as Deputy Managing Director and Bhavesh Zaveri as Executive Director of HDFC Bank
Mumbai: The Reserve Bank of India has approved the appointment of Mr. Kaizad Bharucha as the Deputy Managing Director of...
Read moreSBI looks to raise $500 million via dollar bonds
State Bank of India has sounded out international banks for a potential $500 million fundraise through a global bond issue,...
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