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Bank

ICICI Bank refutes claims of CEO and MD Sandeep Bakhshi intending to resign, labeling the report as ‘baseless’.

PJdesk - 02/05/2024 0

ICICI Bank news update ICICI Bank dismissed The Morning Context report as 'baseless' and 'purely fictitious', which alleged that Sandeep Bakhshi sought to step down...

Insurance

Insurance News: Jammu and Kashmir high court verdict may negatively impact over vehicle insurance claim

PJdesk - 02/05/2024 0

Insurance news update: The High Court of Jammu and Kashmir and Ladakh has determined that an insurance company cannot be held accountable to compensate an...

IPO

Aadhar Housing Finance, backed by Blackstone, IPO dates have been unveiled

PJdesk - 02/05/2024 0

Aadhar Housing Finance IPO Updates: Aadhar Housing Finance, supported by the private equity powerhouse Blackstone, is gearing up to initiate its ₹3,000-crore initial public offering...

FinTech

UPI:BG Mahesh of Sahamati enthusiastically suggests that the Account Aggregator will function potentially as a UPI for financial data

PJdesk - 02/05/2024 0

UPI news Update: BG Mahesh, CEO of Sahamati, stresses the significance of the Account Aggregator (AA) beyond mere addition, highlighting its pivotal role in addressing...

Bank

KVS Manian carries with him optimism as he is anticipated to embark on a new chapter at Federal Bank following his departure from Kotak...

PJdesk - 01/05/2024 0

KVS Manian transition to Federal Bank Earlier today, KVS Manian resigned as the Joint MD of Kotak Mahindra Bank and reportedly may join Federal Bank....

News

Credit extended by banks to the industrial sector increased by 8.5% in March, while there was a slowdown in personal loans, as per the...

PJdesk - 01/05/2024 0

Credit extended by banks to the industrial sector According to data released by the Reserve Bank on Tuesday, bank credit to the industrial sector saw...

NBFC

NBFC news update:The Reserve Bank of India wields its power, revoking the Certificate of Registration (CoR) granted to an NBFC over irregular lending practices.

PJdesk - 01/05/2024 0

NBFC news update: The Reserve Bank has cancelled the Certificate of Registration (CoR) issued to Non-Banking Financial Company (NBFC) due to irregular lending practices ActLoan, AgMoney,...

Crypto

Binance cryptocurrency exchange founder Changpeng Zhao has been handed a four-month prison sentence.

PJdesk - 01/05/2024 0

Binance news update: On Tuesday, Changpeng Zhao, formerly the CEO of Binance, was sentenced to four months in prison after admitting guilt of violating U.S....

Mutual Funds

Top 5 midcap mutual fund

PJdesk - 01/05/2024 0

Midcap mutual fund: Midcap mutual funds are investment funds that primarily invest in stocks of companies with a medium market capitalization. Market capitalization refers to...

Insurance

The Reserve Bank of New Zealand warns that insurance could become prohibitively expensive for homes deemed high-risk

PJdesk - 30/04/2024 0

The Reserve Bank of New Zealand The Reserve Bank of New Zealand has cautioned that New Zealanders who own properties in flood-prone or earthquake-prone areas...

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