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The banking sector displayed a 45 percent YoY growth fueled by the expansion of digital banking services in the rapidly evolving global economy

Job vacancies in India’s banking, financial services and insurance sector see significant growth in...

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BFSI saw significant growth in job vacancies Job vacancies in India's banking, financial services, and insurance (BFSI) sector have seen a significant year-on-year (YOY) growth...
The subdued outlook is attributed to continuing global macroeconomic headwinds lead to modest increase in technology spends in the key markets of the US and Europe

Indian IT services sector staring at second straight year of muted revenue growth: Crisil

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IT sector to see muted revenue growth of 5-7% in FY25, says Crisil India’s Information Technology (IT) services sector is staring at a second consecutive...
The regulator said the bank, however, will continue to provide services to its existing customers, including its credit card customers

RBI bans Kotak Mahindra Bank from onboarding new customers via online, mobile banking channels...

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RBI cracks down on Kotak Mahindra Bank In a major regulatory move, the Reserve Bank of India (RBI) on Wednesday directed Kotak Mahindra Bank to...
Domestic indices traded within a range throughout the week with a positive bias

Ahead of the wedding season, sectors like jewellery, apparel, hotels, aviation to gain traction

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Wedding season set to boost demand for apparel, jewellery, hotels, aviation As the wedding season is just around the corner, sectors like jewellery, apparel, hotels,...
The sector witnessed significant growth in specific segments with alternative lending, banking tech and RegTech emerging as top performers in the first half this year

India’s fintech sector funding surges 68%, becomes 4th-highest funded startup ecosystem globally

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India becomes the 4th-highest funded fintech startup ecosystem globally India’s fintech sector saw a 68 percent surge in funding in the July-September period (Q3) from...
Banking Secretary urged banks to organize workshops, seminars and financial literacy programs to create awareness among the street vendors about PM SVANidhi scheme

Centre asks public sector banks to expedite target achievement for current fiscal

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Banking Secretary asks heads of banks to regularly review the progress and ensure the achievement of targets of the saturation campaign The Centre has urged...
PM Jan Dhan Yojana has helped the Govt of India make inroads in rural areas and bring underprivileged sections of society under the banking net

PM Jan Dhan Yojana speedily narrows banking gap in India, empowers women

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How successful is PM Jan Dhan Yojana in rural upliftment? The scheme PM Jan Dhan Yojana (PMJDY), has helped the Government of India make inroads...
The insurance sector continued to grow in hiring over the last year for the seventh time in a row

Insurance sector drives hiring activity in India, up by 87%: Report

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India's hiring activity in August remains stable; insurance sector records steep growth Hiring activity remained stable at 6 percent year-on-year (YoY), while the insurance sector...
The ratings agency noted that increasing oil prices add to the fiscal burden for the country, but it is a positive for upstream oil companies

Oil price hike positive for upstream sector; losses to prolong for OMCs: ICRA

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Natural gas business of PSU upstream companies to turn profitable: ICRA According to the rating agency ICRA, the natural gas business of PSU upstream companies...
T M Bhasin, former Vigilance Commissioner to head the Advisory Board ABBFF

Central Vigilance Commission (CVC) expands scope of banking frauds panel to cases above Rs.3...

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Threshold for investigating bank frauds lowered to Rs.3 crore by the CVC The Central Vigilance Commission (CVC) on Thursday expanded the scope of the Advisory...

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