GIFT City’s lenders are now banking on FDs to lure NRIs

Till now, NRIs needed to open FDs in India via their foreign currency non-resident (FCNR) accounts.…

Big ATM push by banks, 10,000 new ATMs to be installed, says report

Banks are expected to witness a big ATM refresh ­cum­ addition cycle in the next 12-18…

ICICI Bank reports margin contraction in Q3, net interest margins drop to 4.43%

ICICI Bank witnessed a contraction in its margins during the third quarter, aligning with analysts’ expectations.…

Watch | Why is the RBI worried about banks giving out too many personal loans?

Watch | Why is the RBI worried about banks giving out too many personal loans? Many…

The rise of AI chatbots in India’s banking sector | Data

FILE PHOTO: AI (Artificial Intelligence) letters are placed on computer motherboard in this illustration taken June 23,…

NBFCs to witness slower growth, need to diversify funding sources in 2024

Some of the diversification in sources of funding has been necessitated following a recent measure by…

Sensex ascends by 96 points, reaches 70,024 in early Tuesday trade

Image Source : FILE Business stock exchange building. In the latest market development, the Sensex exhibited…

Sensex surges over 1 per cent; Nifty tops 20,000 propelled by Banking, IT Stocks

Image Source : FILE Business stock exchange building The domestic stock market witnessed a bullish trend…

Credit Score vs Credit Report: Know the difference for financial success

Credit scores and credit reports are among the most widely discussed subjects in the realm of…

Britain’s Lloyds shake-up puts around 2,500 jobs at risk

Britain’s biggest high street bank Lloyds is putting around 2,500 jobs at risk as part of…