Bitcoin leaps 12% to test recent peaks, ether hits 3-week high

Cryptocurrency’s best week in almost three months puts the squeeze on short sellers

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Indian startups increasingly raising debt to fund operations

According to data accessed by BusinessLine from Tracxn, conventional debt has seen a 5-year CAGR of 40.27 per cent till 2020 while venture debt grew by 21.86 per cent

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Visa complies with RBI’s data localisation norms

Can now bridge the gap with RuPay, the biggest player in the segment

from Business Line - Money & Banking https://ift.tt/3zDxVnx

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Ageas Federal Life Insurance expects 35-40pc premium growth in FY22

"I think FY21 has been far better-than-expected. When the lockdown was announced last year, we didn't know exactly how long it would last, what implications it would have. Our expectations were very muted in terms of new business, persistency, and claims etc.

from Banking/Finance-Industry-Economic Times https://ift.tt/3iMvZSB

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HDFC Bank's Puri top earner among bankers in FY21; ICICI Bank's Bakhshi forgoes salary in COVID year

His successor Sashidhar Jagdishan, who took over as the chief executive and managing director of the largest private sector lender on October 27, 2020 grossed a salary of Rs 4.77 crore for the fiscal year, which included payments as a group head till his elevation. Puri's overall payments included Rs 3.5 crore as post-retirement benefits.

from Banking/Finance-Industry-Economic Times https://ift.tt/3iFrVng

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