Infrastructure investment in digital banking lags growing scale.
According to experts, banks need to routinely evaluate the scalability of their digital banking services. This occurs at a time when concerns about data failures […]
American Express will increase the Amex Platinum card’s $200 travel credit this year.
Selected Platinum cardholders will receive up to $200 in travel credits from American Express. Following the issuer’s announcement of limited-time benefits to aid consumers during […]
MCLR is reduced by up to 85 bps by HDFC Bank.
For loans with very short tenors, HDFC Bank on Tuesday reduced the marginal cost of funds-based lending rate (MCLR) by up to 85 basis points, […]
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 […]
Loss of Boingo Wi-Fi benefit for Marriott Bonvoy Business American Express Card
The Marriott Bonvoy Business card no longer provides complimentary Boingo Wi-Fi, the latest modification in a slew of modifications this year. Following a number of […]
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 […]
With Bank of America’s redesigned business cash back card, you may select how you want to earn rewards
Gas stations, office supply stores, travel, TV/telecom and wireless, computer services, and business consulting services are among the desirable categories.’ To provide business owners more […]
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 […]