by newsworm | Dec 19, 2024 | Banking, IndusInd Bank
Reliance Nippon Life Insurance, a subsidiary of debt-ridden Reliance Capital (RCAP), has started negotiations with IndusInd Bank to form a bancassurance partnership. This development comes as the agreement between IndusInd International Holdings Ltd (IIHL) and RCAP... by newsworm | Dec 19, 2024 | Banking
YES Bank, in collaboration with FICCI FLO, has launched YES PowherUp, a specialized program to empower women entrepreneurs in scaling their businesses. The program offers a range of financial solutions tailored to the unique needs of women-led enterprises, including... by newsworm | Dec 19, 2024 | Banking, Standard Chartered
Stanchart, a Hong Kong-based bank, has announced that it will cut its best lending rate by 12.5 basis points (bps) effective April 18, 2023. This move is part of the bank’s efforts to support the Hong Kong economy, which has been facing challenges in recent... by newsworm | Dec 19, 2024 | Banking, RBI
A report by Angel One’s Ionic Wealth suggests that the Reserve Bank of India (RBI) may face a tougher path to cutting interest rates in February despite domestic conditions warranting ease in monetary policy. This is due to a shift in the US Federal... by newsworm | Dec 19, 2024 | Banking, Karnataka Bank
Nutanix, a hybrid multicloud computing company, has announced that Karnataka Bank has deployed its Cloud Platform (NCP) to manage critical business applications. The bank aims to enhance its digital offerings and provide a seamless user experience while adhering to... by newsworm | Dec 19, 2024 | Banking
According to a recent report, suburban retail is predicted to outpace central malls in 2025 as local demand increases and space remains limited. The report suggests that the shift in retail landscape is driven by consumers’ growing preference for convenience,... by newsworm | Dec 19, 2024 | Banking, State Bank of India
Abhyudaya Co-operative Bank has entered into a partnership with SBI General Insurance Company, expanding its range of insurance products to include motor, health, home, travel, and commercial insurance. This development follows a similar tie-up with SBI Life Insurance... by newsworm | Dec 19, 2024 | Bank of Baroda, Banking
Bank of Baroda, a leading public sector bank in India, is launching Phygital branches that combine physical and digital banking services to redefine the customer experience. These branches feature Self-Service kiosks for 24/7 banking, a Video Contact Centre for... by newsworm | Dec 19, 2024 | Banking, Punjab & Sind Bank
The Pakistan Sports Board (PSB) has expressed concerns to the International Olympic Committee (IOC) and the Olympic Council of Asia (OCA) about the legitimacy of the upcoming Pakistan Olympic Association (POA) elections. The PSB claims that the POA has failed to make... by newsworm | Dec 19, 2024 | Axis bank, Banking
Here is a summary of the Axis Bank credit card rule changes: Axis Bank has made changes to its credit card terms and conditions, effective from December 20, 2024. The changes include: * Increase in finance/interest charges from 3.60% to 3.75% per month on all retail...