Applications to apps: A new banking era

Online consumerism, demand for personalised experience give rise to neobanks.

from Business Line - Money & Banking https://ift.tt/3yDX0PT

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IITL to sell entire stake in Future Generali Life for ₹225 cr

Subject to approvals, the transaction is likely to be completed before June 30, 2022.

from Business Line - Money & Banking https://ift.tt/3yIo408

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Indian corporates have more headroom to borrow: Study

The decline in investments post the global financial crisis cannot be solely attributed to weak economic conditions. Leverage has a greater role in determining the investment pattern of the corporates with there being a negative relation between the two.

from Banking/Finance-Industry-Economic Times https://ift.tt/3GUaM3I

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NCLT admits IDBI Bank's plea against Osian's Connoisseurs

The National Company Law Tribunal (NCLT) also appointed Girish Sriram Juneja as interim resolution professional (IRP) to oversee its day-to-day affairs and revival plans.Mumbai-based Osian's Connoisseurs is a pioneer art institution and auction house, and it houses an archive, library and a collection of antiquities, miniatures, sculptures as well as other cultural artefacts.

from Banking/Finance-Industry-Economic Times https://ift.tt/3yEhUy6

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The rise and rise of pension plans

As Covid-hit people looked for security in golden years, both NPS and Atal Pension Yojana surged 30% in number of subscribers & value the past year

from Business Line - Money & Banking https://ift.tt/3miHCn8

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