MUMBAI, Sept. 12 -- Bank of India plans to raise about $1 billion through overseas borrowings by December to benefit from a subsidy offered by the central bank toward the cost of hedging foreign-curre... Read More
MUMBAI, Sept. 12 -- Bank of India plans to raise about $1 billion through overseas borrowings by December to benefit from a subsidy offered by the central bank toward the cost of hedging foreign-curre... Read More
MUMBAI, Sept. 11 -- Bank of India plans to raise about $1 billion through overseas borrowings by December to benefit from a subsidy offered by the central bank toward the cost of hedging foreign-curre... Read More
MUMBAI, Sept. 11 -- Bank of India plans to raise about $1 billion through overseas foreign currency borrowings (OFCB) by December to benefit from a subsidy offered by the central bank toward the cost ... Read More
New Delhi, Sept. 10 -- A group of six to seven life insurers is seeking more room from India's insurance regulator to exceed expense limits, arguing that the current rules can penalize smaller compani... Read More
New Delhi, Sept. 9 -- The Aadhaar system is handling about 100 million authentications a day and is preparing to scale that capacity to 250-300 million, as its use expands across financial services an... Read More
New Delhi, Sept. 8 -- Prime Minister Narendra Modi on Tuesday called for the next phase of India's fintech growth to move beyond the Unified Payments Interface (UPI) into areas such as credit, insuran... Read More
Mumbai, Sept. 8 -- Bajaj Finance Ltd has acquired a 5% stake in TrueFan AI, an artificial intelligence (AI)-powered video generation platform, the non-banking financial company said in a release on Tu... Read More
New Delhi, Sept. 3 -- Asset Reconstruction Company (India) Ltd (ARCIL) is looking to move beyond buying stressed loans and tap the early-stress segment by launching a collections-as-a-service business... Read More
Mumbai, Sept. 1 -- General Insurance Corporation of India (GIC Re) has flagged the influx of new reinsurers into GIFT City as a challenge for the industry, even as it remains optimistic about the long... Read More