Banks

After this year's IPO slump, bankers are wary of 2023 relief SYNOPSIS This year's listings slump is the worst since IPO values tumbled 73% in 2008, according to Bloomberg data Initial public offerings are heading for their…

RBI authorises Tamilnad Mercantile Bank to undertake government business Private sector lender Tamilnad Mercantile Bank (TMB) on Wednesday said it has been authorised by the Reserve Bank of India to undertake government business…

New business premium for life insurance industry rises 15.32% in October New business premium or the first-year premium of private sector life insurance companies in October grew 11% y-o-y to Rs 8996.45 crore, while state-run LIC…

Ecommerce losses to exceed $48 billion globally in 2023 due to online payment fraud The report recommends that BNPL vendors conduct robust identity verification at the point of onboarding to mitigate these risks. The total…

Suzlon, a renewable ‘loan’ company is back to raising funds; should you invest? It seems the previous capital raised by Suzlon has been blown away and the company is going back to its existing shareholders for raising fresh capital worth…

Yes Bank aligns technology initiatives for business growth Yes Bank’s Chief Information Officer, Mahesh Ramamoorthy shares key initiatives that the bank is working on to accelerate growth. Given the complexities of operations, the…

Work From Home: This Company Announces Promotion For Employees Working Remotely. Deets Here Work From Home Latest News Today: While IT giants like TCS, Wipro and Apple have ended work from home, Axis Bank---India's third largest lender has…

Volumes jump at IDBI Bank Ltd counter IDBI Bank Ltd witnessed volume of 24.17 lakh shares by 10:45 IST on BSE, a 4.02 times surge over two-week average daily volume of 6.01 lakh shares HLE Glascoat Ltd, Star Health & Allied…

ICICI Bank’s Silent Alchemist Sandeep Bakhshi has made his mark by sticking to the basics of banking and fostering a non-hierarchical team structure. WHAT HAPPENS IF an employee fails to recognise the CEO of his company? It would be an…

HDFC Q2 business update | Firm assigned Rs 9,145 crore loans to HDFC Bank It had assigned a Rs 7,132 crore loan in the corresponding quarter of the previous fiscal. Housing Development Finance Corporation Ltd (HDFC) on October 3 said in…