Category: Banking & Financial Services

SBI raises ₹7,500 cr at 7.33% via Basel III compliant Tier-2 bond

State Bank of India (SBI) raised . ₹7,500 crore on Wednesday at a coupon rate of 7.33 per cent through

The enhanced cash management efficiency of government and corporates could lead to a further moderation in banks’ low-cost current account

ICICI Prudential Life Insurance, a leading private sector life insurer, has declared its claim settlement ratio of 99.35 per cent

With bank deposits moving from 53% to 42% between 2020 and 2024, savers have turned investors in a rebalance of

India will be able to sustain economic growth of as much as 8 per cent over the medium term, Reserve

Launched a decade ago, HDFC Bank Parivartan, part of the leading private bank’s corporate social responsibility (CSR) activity, has improved

Bank of Baroda (BoB) has introduced ‘Aditi’, a GenAI-powered virtual relationship manager, to enhance the digital customer service experience. These

Lending firms have used Account Aggregator Framework to facilitate loans worth ₹42,300 crores since September 2021 till March 2024, with

Fintech giant Razorpay has launched DataSync, a no-code data integration platform that provides real-time data access, allowing businesses to enhance

Institutional credit to agriculture reached an all-time high of ₹25.10 lakh crore during 2023-24, reflecting the importance of financing in