By year’s end, Mirae Asset Financial will provide personal loans, says CEO
By the end of 2023, Mirae Asset Financial Services will offer unsecured personal loans, according to director and CEO Krishna Kanhaiya. “In the personal loan […]
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According to a forecast, MFI loans will increase by 25% year over year in FY24.
A favorable macroeconomic climate is likely to cause microfinance institutions’ loan disbursals to increase 25% year over year in the current fiscal year, according to […]
A new BoI and Bank of Baroda CEO
According to exchange notices submitted by the two banks, the Centre nominated Debadatta Chand as managing director and chief executive officer (MD and CEO), Bank […]
PAT at Kotak Mahindra Bank rose by 26%.
Due to a significant increase in its loan book, Kotak Mahindra Bank’s net profit increased 26% year over year (y-o-y) in the March quarter. In […]
JPMorgan Chase and Bank of America, two major financial institutions, requested final bids for First Republic.
U.S. regulators have requested banks submit their best and final acquisition proposals for First Republic by Sunday afternoon in an effort to calm the markets […]
Insiders at Credit Suisse’s London office, where investment bankers fear major layoffs, express resentment at management’ “arrogance,” which they believe contributed to the bank’s problems.
According to a worker at Credit Suisse’s London office, many employees are looking for work as a result of the “disaster” brought on by the […]
In a fresh operation, the Home Office is “demonizing” illegal immigrants by closing bank accounts.
In a new crackdown by the Home Office, who have been accused of “demonizing” asylum applicants, illegal immigrants’ bank accounts will be closed. In order […]
Reliance General will utilize Yes Bank to take CBDC e-Rupee.
Reliance General Insurance announced on Wednesday that it is now the first general insurance provider in the nation to accept premium payments in e-Rupee, the […]
Why is hyper-personalization the next big thing in banking?
The way we bank has changed dramatically as technology has advanced. Banks can no longer expect to function as they once did. Growing competition from […]
Nifty Bank Gains, Nifty Bank Futures Gains 566 Points: What Do the Charts Indicate?
www.investing.com — Domestic market indices finished higher on Tuesday, following an overnight relief rally on Wall Street and favorable global indications, with expectations that the […]