BoB cases of scam related to the BoB World app prompt the Ministry of Finance to advocate for a strengthened KYC process
BoB World app scam:
According to news agency Business Standard:The RBI may advise banks and financial institutions to assess the concentration of Business Correspondents (BCs)...
IPO lineup includes the Vodafone Idea FPO,this week, along with 2 SME offerings and 2 fresh listings.
IPO lineup this week
In the Indian stock market, the primary market's mainboard segment will maintain its quiet streak for the second week in a...
Stock Maket update: As tension arose in middle east, stock market may crash on monday
Stock Maket update:
With tensions escalating in the Middle East overnight, significant global ramifications are imminent. Crude oil prices, already soaring, are expected to skyrocket...
RBI rejects 2 application for Licensing of Small Finance Banks
RBI in action:
The Reserve Bank of India has turned down two additional requests to establish small finance banks: those from Dvara Kshetriya Gramin Financial...
IRDAI has included AYUSH treatment, starting from April 1, within the scope of health insurance coverage.
IRDAI has included AYUSH treatment
The latest move stems from the growing demand for Ayush treatments, because of which there is a growing need to...
NTPC Green, IPO update, has selected four investment banks for its Rs 10,000 crore IPO.
NTPC Green IPO update
NTPC Green Energy has finalized a list of four investment banks to oversee its Rs 10,000 crore initial public offering, marking...
Retail inflation in India for March plummeted to its lowest level in 10 months, yet inflation in food and beverages remained stubbornly high
Retail inflation Data
In March, retail inflation decreased to its lowest point in 10 months at 4.85%, while the Index of Industrial Production (IIP) registered...
Life insurance: life insurers are poised to encounter margin compression due to alterations in their product composition
Insurance hustle
Life insurers are anticipated to encounter margin strain during the final quarter of the fiscal year 2023-24 (Q4 FY24) as a result of...
stock market today: nifty plung 1.03% sensex fall 1.05% due to global uncertainty
stock market today:
Market is in Bear claw
Today Indian stock market crash was driven by spike in price of crude oil due to middle east...
With the increase in crude prices, is there cause for concern regarding India’s strategic oil reserves?
The increase in crude prices
During Friday's trading session, the Brent and U.S. West Texas Intermediate crude oil benchmarks experienced a rise of over $1...
The Japanese banking giant, MUFG, is poised to acquire a 20% share in HDFC Bank’s subsidiary, HDB Financial, for a total of $2 billion.
MUFG, the Japanese banking giant
People familiar with the matter report that Bank of Tokyo-Mitsubishi UFJ (MUFG), the Japanese banking giant, is in the process...
Bank’s fresh NPA generation to rise gradually but to remain controlled in the FY25: ICRA
bank's NPA report:
The onset of new Non-Performing Asset (NPA) generation is expected to gradually increase but remain under control throughout the Financial Year 2025,...
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