The Reserve Bank of India (RBI) has granted approval to the Life Insurance Corporation of India (LIC) to increase its stake in HDFC Bank to nearly 10 per cent. This decision follows a regulatory submission made...
Finance Minister Nirmala Sitharaman has urged public sector banks (PSBs) to move beyond their traditional “government bank” image and make their services more appealing to Gen Z and young Indians. She called for simpler, personalised and...
Banks in India are now significantly investing in gold loans, a sector that was previously dominated by specialised lenders like Muthoot Finance and Manappuram...
The recent inauguration of the National Urban Cooperative Finance and Development Corporation's (NUCFDC) new office in Mumbai marked a significant step towards modernising the...
The rise of banking stocks on Monday can be attributed to HDFC Bank's impressive business performance for the June quarter, which exceeded analysts’ expectations....
Kotak Mahindra Bank has officially announced that Ashok Vaswani, the Chief Executive Officer and Managing Director, will step down at the end of his...
The relationship between Indian clients and Swiss bank accounts appears to be shifting, with recent data indicating a significant drop in total funds linked...
Standard Chartered Bank is set to eliminate over 7,000 positions worldwide by the year 2030 as part of its initiative to enhance profitability, boost...
Emergencies in life can arrive anytime, which can disturb your financial situation. But what if you could cover these costs quickly without risking your...
In a move that brings encouraging news for depositors, HDFC Bank has increased interest rates on select fixed deposit (FD) tenures. The revision, which...
The Government of India has announced new Aadhaar and banking rules aimed at improving transparency, preventing misuse of identity data, and strengthening security in...