Reflecting the wide spread of Covid, insurers report a surge in claims from rural regions, too

The average claim size is at ₹1.40 lakh, with some going as high as ₹30 lakh

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BBB recommends Harsha Bangari for MD post at Exim Bank

The Banks Board Bureau (BBB) has recommended Harsha Bangari to the position of Managing Director in Export-Import Bank of India. Currently, Bangari i

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Yes Bank turns focus to lending after winning back depositors

Piling bad loans, poor capital ratios and flight of depositors led to the bank’s downfall earlier.

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Yes Bank turns focus to lending after winning back depositors

Regaining depositors and raising capital were the first order of business for Kumar, who took over the reins of Yes Bank in March 2020 after regulators seized the lender to prevent its imminent collapse. A year later its deposits have grown nearly 55% as opposed to losing 40% of the total prior to the bailout.

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Digital payments see muted growth in April

Transactions on UPI in April scaled down from the ₹5 lakh crore peak it had touched in March

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