NBFCs have emerged as a credible and reliable source of financing for a wide cross section of the population including small and medium-scale enterprises as well as the financially unserved and underserved segments.| Elets BFSI
Be it financial inclusion or rapid economic development, Non-Banking Financial Companies (NBFCs) play a pivotal role in taking economies forward, especially as they reach where banks usually don’t and often serve customers that banks won’t.| Elets BFSI
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In the last two years Hinduja Leyland Finance has been focusing on business beyond our traditional new vehicle financing business and we are now trying to tap the other life cycle of a vehicle which is the operating life cycle and the resale market of a vehicle. To know more about phygital model of NBFCs, […]| Elets BFSI
Suryoday Small Finance Bank has partnered with Tarrakki, a new fintech platform, to develop and offer digital fixed deposits.| Elets BFSI
In today’s era, everyone knows or has heard about Artificial intelligence, aka AI, GenAI. It seems like the entire globe is under its influence, and hardly any sector or domain will be untouchable from this buzzword (really?).| Elets BFSI
In the high-stakes world of finance, where every decision can ripple through the global economy, risk management is no longer just about following the rulebook. The savviest institutions are embracing the powerful new weapons in their arsenal: Artificial Intelligence (AI) and Machine Learning (ML).| Elets BFSI
Kotak General Insurance has rebranded itself as Zurich Kotak General Insurance in a significant development in the Indian insurance sector.| Elets BFSI
Federal Bank has officially approved the appointment of Krishnan Venkat Subramanian as its new Managing Director and Chief Executive Officer.| Elets BFSI
In a recent development, US-based activist short seller Hindenburg Research LLC has made serious allegations against SEBI Chairperson Madhabi Puri Buch and her husband, Dhaval Buch.| Elets BFSI
State-owned Bank of India reported a 10% YoY growth in net profit for the quarter ending June 2024 (Q1FY25), driven by lower taxes.| Elets BFSI
Tamilnadu Mercantile Bank and Bajaj Allianz Life Insurance formed a strategic alliance today.| Elets BFSI
Bengaluru-based Bizcovr Insurance Broking Private Limited, operating under the brand name Covrzy, has achieved a significant milestone by securing a direct broking (general) license from the Insurance Regulatory and Development Authority of India (IRDAI).| Elets BFSI
Tamilnad Mercantile Bank Ltd (TMB), a venerable institution with a rich history spanning 102 years, continues to uphold its legacy of profitability and strong fundamentals.| Elets BFSI
In a recent industry session, Dr. Sourav Dutta, Executive Director-IT at IDBI Bank, discussed the role of ethics and values in business leadership.| Elets BFSI
IIT Madras has collaborated with IDBI Bank to establish ‘IDBI - IITM Secure Systems Lab’ aimed at developing security solutions across crucial sectors.| Elets BFSI
NIIT Institute of Finance, Banking, and Insurance (NIIT IFBI) launches the "ACE Banker Program" in partnership with HDFC Bank.| Elets BFSI
Kyndryl, the world's leading IT infrastructure services provider has partnered with Canara Bank, one of India's major public sector banks, to improve the bank's business services and operations, as well as modernize its IT infrastructure.| Elets BFSI
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Canara Bank, a leading state-owned lender, has reported robust financial performance for the fourth quarter of the fiscal year 2023-24, with a notable 18.4 per cent increase in net profit.| Elets BFSI
The Banking & Finance Post organises several hi-profile banking conference across the country on trending issues pertaining to the Digital BFSI sector.| Elets BFSI
In India’s technologically advanced lending ecosystem, the Non-Banking Financial Companies (NBFCs) have found a new role to play.| Elets BFSI