RBI joins ‘Project Nexus’ to enable instant cross-border retail payments
The Reserve Bank of India said it has joined “Project Nexus”, a multilateral international initiative to enable instant cross-border retail
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Category: Banking & Financial Services
SBI launches web-based digital business loans solution for MSMEs’ invoice financing
State Bank of India (SBI) has launched “MSME -Sahaj”, a web-based digital business loans solution for MSMEs’ (micro, small and
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ICICI Lombard launches surety insurance for infra sector
ICICI Lombard has launched Surety Insurance to provide risk mitigation solutions for India’s burgeoning infrastructure sector. Surety insurance acts as
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Citigroup forms team in Japan targeting growth at mid-cap firms
Citigroup Inc. is seeking to strengthen its business with medium-size companies in Japan as the Wall Street bank accelerates efforts
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Lines are blurring in tech spends: Anirban Bose, CEO, Financial Services, Capgemini
Home Info-tech Updated – June 28, 2024 at 08:17 PM. Anirban Bose, CEO, Financial Services SBU, Capgemini says Indian financial
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Rule changes can help onboard customers from anywhere in India: Deutsche Bank
German lender Deutsche Bank will be focussing on the digital channel over the branch model to grow its business in
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RBI finds 28 debt schemes with assets of ₹1.76-lakh cr under stress in April
Notwithstanding the ongoing front-running investigation on Quant Mutual Fund by SEBI, the banking regulator RBI has found 28 open-ended debt
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RBI Financial Report: Banks’ gross NPAs ratio at 12-year low of 2.8%
Scheduled commercial banks (SCBs) are well capitalised and capable of absorbing macroeconomic shocks even in the absence of any further
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Periodic review likely of PSBs, CPSEs employees
In a move that may cause consternation, Public Sector Undertakings and Public Sector Banks are likely to do the periodic
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Mandatory display of risk-adjusted return for all MF schemes, a double-edged sword
The capital market regulator SEBI’s move to highlight risk adjusted return of all mutual fund schemes is expected to help
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