UPI Gets A Price Tag: Could The New MDR Create A Rs 20,000 Crore Revenue Stream?
A new 0.4% MDR on selected UPI merchant transactions could create a Rs 20,000 crore revenue opportunity for banks and fintechs from October 15.
Would You Open A Bank Account With Your Best Friend? Gen Z Is Making It A Trend
Gen Z friends are sharing bank accounts for convenience, but the trend raises concerns over trust, spending and financial boundaries.
Stock Market Closes Higher On Gains In Banking And Metal Stocks
Indian markets rose on Friday, with Sensex and Nifty gaining on strong buying in banking, metals, and consumer durables.
Cash Reserves Of BSE 500 Companies Surge To ₹7.68 Lakh Crore
Post-pandemic, Indian corporates prioritized healthier balance sheets. The demand boom following COVID-19 further supported this focus on reducing debt.
Indian Equity Indices Close At Record Highs Led By Banking Heavyweights
Indian equity indices hit record highs, led by strong performances from major banking stocks like HDFC Bank, ICICI Bank, and Kotak Mahindra Bank.
Metal & Banking Stocks Propel Sensex To Gains, Closes At 77,478
India's benchmark indices posted gains on Thursday, buoyed by a robust rally in metal and banking stocks amidst positive market sentiment.
Sensex Jumps 482 Points As Stock Markets Rise On Buying In Banking And IT Stocks
In the Asia markets, Tokyo's Nikkei 225, South Korea's Kospi, and China's Shanghai Composite closed in the positive territory, while Hong Kong's Hang Seng fell
Karur Vysya Bank Achieves ₹1.5 Trillion Business, Posts Substantial Profit in Q2
On Monday, October 16, 2023, it was revealed that the bank has achieved a historic milestone by crossing the threshold of a total business of ₹1.5 trillion.
Indian Bank Launches ‘IB SAATHI’ To Improve Banking Services
Indian Bank intends to deploy around 5,000 banking correspondents by March 2024
