Corporate bond issuances are expected to reach Rs 9.6-9.9 lakh crore in FY24, surpassing the record level of Rs 8.7 lakh crore in FY23, according to the report.
These positive movements were attributed to gains observed in banking, IT, and metal shares, contributing to the overall buoyancy in the stock market.
The agency has searched 13 locations in multiple cities, including Kolkata and Mangalore, in connection with the case
SpyNote, a stealthy malware, undertakes a clandestine operation to steal text messages and sensitive banking details. Cybersecurity analysts at F-Secure, a renowned security firm, have unveiled SpyNote's methods in a recent report.
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Interest Rate On Fixed Deposit | These banks are giving the highest interest on FD
RBI Governor Shaktikanta Das launched the portal which has been developed by the central bank to help the public to facilitate and also make it easier for them to search their unclaimed deposits across multiple banks.
Signature Bank was the second bank to fail in this banking crisis, roughly 48 hours after the collapse of Silicon Valley Bank.
Switzerland, Lichtenstein and offshore jurisdictions are some of the possible beneficiaries of this trend.
Out of the 140 crore population of India, only 15 per cent or fewer Indians are comfortable and can understand documents in English.
Budget 2023: Finance Minister Nirmala Sitharaman's Budget speech on Wednesday was marked by the usual thumping of benches by the ruling alliance members, but the loudest cheer was reserved for her announcement of income tax relief, which was welcomed by "Modi, Modi" chants in Lok Sabha.
Digital lenders realised that to help small businesses steer through economic uncertainties and yet same money and improve productivity in the process, technology, data analytics and automation cannot be ignored.
Digital Banking Units: Bank of Baroda, one of the top public sector banks in India, opened at least 8 DBUs as part of the initiative that PM Narendra Modi announced.
After falling 537.11 points to a low of 56,825.09 in morning trade, the 30-share BSE barometer staged a recovery in afternoon trade and climbed 231.29 points or 0.40 per cent to settle at 57,593.49. As many as 20 Sensex stocks closed with gains while 10 declined
Airtel Payments Bank recently announced that they have been categorised as 'Scheduled Bank' by the Reserve Bank of India.
NABARD Mains Exam 2021 datesheet has been released on Sunday (October 24) on the official website-- nabard.org.
The banking and insurance industry can leverage chatbot assistance to ensure 24x7 availability.
The Mego ATM is also enabled with AEPS biometric where people can check their balance and transfer money directly from one source to another. This is an innovation under the PMJD Yojna and Atma Nirbhar Bharat Yojna, an initiative by the RBI which has allowed white label ATMs to fintechs.
A neobank is basically a digital bank without any physical branches. It is entirely online without being present at any specific location.
SBI had earned a profit of Rs 3,580.81 crore during the January-March period of 2019-20, the lender said in a regulatory filing.
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