Who is Ashwini Bhatia – Banks Board Bureau wants as next SBI MD

Bhatia will be appointed in place of P K Gupta who superannuated on March 31, while Rao will replace Central Bank of India MD Pallav Mohapatra who will retire in February next year.

from Banking & Finance – The Financial Express https://ift.tt/3cjM1hy

Read more »

IDBI Bank likely to divest stake in insurance joint venture by September end

IDBI Bank expects to divest stake in its insurance joint venture IDBI Federal Life Insurance Company by September-end this year, according to MD &

from Business Line - Money & Banking https://ift.tt/2zJXJoB

Read more »

National Insurance Co receives 500 claims amounting to Rs 160 cr post cyclone 'Amphan'

The majority of the claims are from severely-affected West Bengal and nominal from Odisha, she said, adding, a bulk of those have been received from business enterprises, shops and factories.

from Banking/Finance-Industry-Economic Times https://ift.tt/3cg6PXl

Read more »

Digitisation and automation of lending process would be the key going forward, says PayU Finance CEO

The lending landscape is witnessing a paradigm shift towards digitization and automation. Yet, most borrowers/ prospective applicants aver that the pr

from Business Line - Money & Banking https://ift.tt/2zHYBKg

Read more »

Bank of India cuts MCLR by 25 basis points

Bank of India (BoI) has reduced its benchmark Marginal Cost of Funds Lending Rate (MCLR) by 25 basis points (bps) across all tenors. It has also redu

from Business Line - Money & Banking https://ift.tt/3dgR5ov

Read more »