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Category : Banking
Credit Card Spending Sees 25 Percent Yearly Surge in September...
Credit card spending in India surged by 25 percent year-on-year in September 2024 reaching ₹1.76 trillion due to festival demand and...
FSIB Recommends Ashok Chandra for Role of Punjab National...
The FSIB has recommended Ashok Chandra, Canara Bank's Executive Director, for the position of Managing Director and CEO of Punjab...
Indian Banks Anticipate Ongoing Asset Quality Challenges...
Leading Indian banks anticipate ongoing asset quality challenges in microfinance lending due to economic pressures. Kotak Mahindra,...
SBI Adopts Cautious Approach to NBFC Lending While Targeting...
State Bank of India (SBI) adopts a cautious approach to NBFC lending, prioritizing renewables and real estate as growth sectors in...
Axis Bank Embraces AI and Digital Growth While Preserving...
Axis Bank assures that AI implementation will enhance operations and improve customer service without leading to job cuts. With a...
Punjab National Bank Surpasses Profit Expectations with...
Punjab National Bank reports 137% increase in Q2 FY25 profits to Rs 4,714 crore, driven by reduced provisions, asset quality improvement,...
Punjab National Bank Reports 137 Percent Profit Surge Plans...
Punjab National Bank posts 137% profit growth in Q2 FY25, reports net profit of Rs 4,714 crore. CEO Atul Kumar Goel outlines new wealth...
RBL Bank Partners with Mahindra Finance to Launch Co-Branded...
RBL Bank and Mahindra Finance are launching a co-branded credit card aimed at catering to customer aspirations, especially in non-metro...
FSIB Nominates Ashok Chandra as Next Managing Director...
Ashok Chandra has been nominated by the Financial Services Institutions Bureau as the new Managing Director and CEO of Punjab National...
ICICI Bank Reports 14.5 Percent Surge in Q2 Profit Driven...
ICICI Bank reported a 14.5 percent increase in net profit for the September quarter reaching Rs 11,746 crore driven by strong loan...
Background Check Discrepancies Rise to 10.4 Percent in...
The BFSI sector faces a rising challenge in verifying candidate credentials with background check discrepancies reaching 10.4 percent...
RBI Projects UPI Daily Transactions to Reach One Billion;...
RBI projects daily UPI transactions to hit one billion in the coming months, driven by expanding cross-border linkages. Governor Shaktikanta...