Category: Banking & Financial Services

Bajaj Finance may spin off its payments business into separate subsidiary

Bajaj Finance It’s looking to spin off its payments vertically as a separate subsidiary, while also expecting in the next

In an effort to improve the safety and security of payment systems operated by Payment System Operators (PSOs), the Reserve

SBI Life Insurance Work began urgently to integrate all policyholders of Sahara Life Assurance India Limited (SELIC) into the previous

Reserve Bank of India He was fined ₹ 2.2 crore Indian Overseas Bank About the violation of various regulatory rules,

Buoyed by higher stock markets in May, coupled with lower G-sec rates, total assets under management (AUM) of National Pension

Despite the surplus of liquidity, there was a muted response from banks to the 14-day reverse repo auction (VRRR), as

The 10-year Government Security Standard (G-Sec) price ended unchanged despite a weekly G-Sec auction of three G-Secs, where demand was

Assets under management (AUM) of non-bank financial firms and microfinance institutions (NBFC-MFIs) are expected to grow by 25-30 percent in

The majority of existing and potential health insurance customers in India consider personalization as a deciding factor, with 94 percent

Assets under management of NBFC MFIs are expected to grow between 25 and 30 percent in FY24 supported by improved