New Delhi, July 22 -- IndusInd Bank aims to end the current financial year with a 1% return on assets (RoA) on the back of lower expenses, growth in retail loans and liabilities, and AI-led operationa... Read More
Mumbai, July 19 -- After spending the past few years building its artificial intelligence (AI) capabilities in-house, Piramal Finance is beginning to see the payoff, with managing director and chief e... Read More
Mumbai, July 18 -- Axis Bank expects its share in foreign currency flows through the Reserve Bank of India-backed scheme to be higher than its overall share of business. "As a franchise, we are comfor... Read More
New Delhi, July 16 -- India's bancassurance engine is beginning to lose momentum, with slower sales at key partner banks weighing on two of the country's largest life insurers even as agency and other... Read More
Mumbai, July 6 -- ICICI Prudential Life Insurance Co. Ltd on Monday approved the reclassification of British insurer Prudential Plc from a promoter to an investor, as the latter prepares to form a new... Read More
New Delhi, June 30 -- A sharp correction in global equity markets could spill over into Indian markets, particularly if driven by a reassessment of corporate earnings growth and elevated valuations in... Read More
New Delhi, June 30 -- A sharp correction in global equity markets could spill over into Indian markets, particularly if driven by a reassessment of earnings growth and elevated valuations in AI-relate... Read More
New Delhi, June 30 -- The insurance sector is seeing renewed interest from foreign investors since the foreign direct investment (FDI) limit was increased to 100% in 2024, Insurance Regulatory and Dev... Read More
Mumbai, June 29 -- The board of HDFC Bank, late on Monday, approved the appointment of Rajiv Kumar as part-time chairman and additional (independent) director, three days after an external legal revie... Read More
Mumbai, June 26 -- In a landmark draft, the Reserve Bank of India (RBI) has proposed a framework for financial institutions to develop, deploy, adopt, and manage technology models, including those tha... Read More