ICICI Bank to increase stake in general insurance arm to beyond 50% ICICI Bank best placed to face NIM shock; analysts see up to 44% upside ICICI Bank Q3 Preview: Analysts expect robust loan book to drive PAT growth ICICI Bank to report Q4 result on April 22; here’s what brokerages expect New tax norm to hurt insurers; stocks attractive ...

UPI to account for 90% of retail digital payments by 2026-27: PwC report Growing at a steady pace, UPI transactions are likely to reach 1 billion per day by 2026-27, accounting for 90 per cent of the retail digital payments in the country, said a PwC India report. Unified Payments Interface (UPI), which is driving the digital payments ...

Man booked for depositing fake Rs 2,000 notes in bank in Agra [ad_1] (This story originally appeared in on May 26, 2023) AGRA: A man was booked for trying to pass on fake Rs 2,000 currency notes while depositing Rs 2.85 crore at a State Bank of India branch in Agra. An FIR was registered in the city’s Rakabganj police ...

Psbs See Queues As Pvt Banks Turn Cautious [ad_1] (This story originally appeared in on May 27, 2023) MUMBAI: Public sector banks (PSBs) are bearing the brunt of the Rs 2,000 note exchange traffic, with many private bank branches being extra cautious in accepting notes for exchange. Most private sector branches insist on a request slip and proof of identity ...

tcs: Using prepaid forex cards? Still no clarity on 20% TCS [ad_1] (This story originally appeared in on May 27, 2023) CHENNAI: At a time when tour operators are flagging the move to levy 20% tax collected source (TCS) on overseas tour packages, ambiguity prevails over whether foreign currency and prepaid forex cards purchased in authorised full fledged money changers ...

Which is better for you to keep money? With numerous savings schemes and options in the market, it can be difficult to decide what gives the best interest. What’s apt for X, may not be right for Z. What constitutes as ‘best’ can also change with time and age, depending on where one is financially posed in their life and ...

What are different types of car insurance policies in India? Details here Car insurance coverage is an important concept to understand when someone buys a new car. Even if an owner takes all the necessary precautions, the car could still be involved in an accident, breakdown, or other unforeseen event. A car insurance policy can help protect the owner from ...

RBI imposes Rs 85 lakh penalty on Central Bank of India for non-compliance The RBI on Friday said it has imposed a penalty of Rs 84.50 lakh on Central Bank of India (the bank) for non-compliance with certain provisions of norms related to frauds classification and reporting. The Reserve Bank had conducted statutory inspection for supervisory evaluation of ...

Investments by sovereign wealth funds surge 56% in 2022: SWFI analysis In a sign of rising interest by global sovereign wealth funds in India, the country has seen a 56 per cent rise in investments by sovereign wealth funds in 2022 to $6.714 billion, compared to $4.3 billion in 2021, said an analysis shared by the Sovereign Wealth Fund Institute ...

Karnataka Bank appoints Srikrishnan Harihara Sarma as MD and CEO High-voltage campaigning for Karnataka elections to end today at 5 pm Come May 13, will BJP script history in 2023 Karnataka Assembly elections? Karnataka Assembly polls: Rahul Gandhi promises Rs 2 hike in milk subsidy 97% MLAs crorepatis in Karnataka’s new Assembly, 55% have criminal records Karnataka Assembly polls 2023: ...