Page 148 - Finance News

SFBs ready with systems to make the transition, say CEOs at BS BFSI Summit

SFBs have a talent pool of senior managers with over 20 years of experience, ensuring robust succession planning for a professionally managed bank.

Irdai proposes changes to IAC meeting frequency, notice period, structure

The IAC comprises members representing various sectors, including commerce, industry, agriculture, and consumers, along with the chairperson and members of Irdai as ex officio members

Finance ministry asks PSU banks to meet loan targets for agri-allied sector

The secretary urged PSBs to take all necessary steps to ensure that respective targets are met during the current financial year and stressed the state governments to facilitate banks in improving the

Rupee falls 21 paise, slides to all-time low of 84.30 against US dollar

A strong greenback against major rivals overseas and unabated foreign fund outflows dented market sentiment, forex traders said

RBI 'watchful' of unsecured loan flows into stock market: Shaktikanta Das

RBI Governor Shaktikanta Das discusses the difficulty in monitoring unsecured loans at the Business Standard BFSI Insight Summit

Govt urges banks to boost credit flow for allied agri sectors; here's why

The allied activities receive only 10 per cent of the total agricultural credit while they contribute 40 per cent of the agricultural output, said the RBI report

'All focus on deposit mobilisation': SBI Chair CS Setty at BS BFSI Summit

SBI Chairman C S Setty discusses deposit mobilisation, challenges, and value addition at the Business Standard BFSI Insight Summit

RBI's 'cease and desist' directive on NBFCs not arbitrary: Shaktikanta Das

RBI Governor explains regulatory actions in conversation with Tamal Bandyopadhyay at the Business Standard BFSI Insight Summit

Rupee hits record low as US election news boosts dollar, RBI steps in

The dollar index climbed 1.5 per cent to a four-month high of 105.19 as trends signalled an edge for Republican candidate Donald Trump, prompting interest in so-called 'Trump trades.

Business Standard BFSI Insight Summit: Now bigger and better than before

RBI Governor Das will kickstart the proceedings with a fireside chat on Day 1 after the summit's inauguration by SBI Chairman Setty

BS BFSI Summit: Shaktikanta Das to T Rabi Sankar, here are the key speakers

The keynote speakers in the summit include Irdai Chairperson Debasish Panda, CEA V Anantha Nageswaran, whole-time member of Sebi Ananth Narayan G among others

BS BFSI Summit: Leading figures from finance world share their insights

While the first day will focus on banking and bankers, the second day will be centered around equity markets and technology in banking. And the third day will see discussion among leading insurers

NARCL eyes acquisition of stressed loans in Bareilly, Mumbai Metro One

The consortium of lenders includes Punjab National Bank, India Infrastructure Finance Company (IIFCL), Bank of Baroda, Indian Overseas Bank, and Union Bank of India

BFSI Summit: Brainstorming by top minds of financial world to start today

Three-day event to explore India's potential and pathways to achieve it

Finmin asks banks to focus on cybersecurity to ensure customer protection

The secretary exhorted the public sector banks (PSBs) to accelerate the pace of lending to agriculture and MSMEs as well as deepen financial inclusion

Nagaland CM Rio seeks over Rs 40,000 cr from 16th Finance Commission

Addressing a meeting with the members of the Commission here, Rio also appealed to the Commission to work out an arrangement that will keep the northeastern state in good financial health

Rupee recovers from all-time low, rises 2 paise against US dollar

Forex traders said investors were cautious ahead of the US presidential election. Markets are bracing for potential volatility over the coming days

Bharat Connect clocks Rs 1 trillion in transaction value in October

Various payment methods such as UPI, internet banking, and prepaid payment instruments (PPIs) can be used to pay bills

Finmin starts phase 4 of RRB consolidation, number to fall from 43 to 28

These banks were formed under the RRB Act, 1976, with an objective to provide credit and other facilities to small farmers, agricultural labourers and artisans in rural areas

Rupee down 2 paise at all-time low of 84.13 against US dollar on FDI exodus

Markets are bracing for potential volatility over the coming days, especially with the Federal Reserve's monetary policy announcement also scheduled this week