Elets The Banking and Finance

A bi-monthly magazine of The Banking & Finance Post, published by Elets Technomedia Pvt Ltd, prides itself in spotting and highlighting key trends in the BFSI sector.

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BoB launches co-branded debit card under TN govt scheme for female students - Elets BFSI

The public sector Bank of Baroda has teamed with the Tamil Nadu government to offer a co-branded RuPay Platinum Debit Card in the state, the bank announced on Friday.

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Digitalization and Innovation: The driving forces behind NBFC growth in India - Elets BFSI

Non-Banking Financial Companies (NBFCs) have been an integral part of India’s financial ecosystem. They are financial institutions that provide a wide range of banking services like loans, credit facilities, investments, and other financial products.

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Govt appoints Siddhartha Mohanty as interim chairman of LIC - Elets BFSI

Siddhartha Mohanty, the present Managing Director (MD) and Chief Executive Officer (CEO) of Life Insurance Corporation of India (LIC), has been appointed as LIC’s interim Chairperson.

Siddhartha Mohanty, the present Managing Director (MD) and Chief Executive Officer (CEO) of Life Insurance Corporation of India (LIC), has been appointed as LIC’s interim Chairperson.

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RBI raises repo rate by 25 basis points to 6.50 per cent - Elets BFSI

Shaktikanta Das, Governor of the Reserve Bank of India (RBI), announced that the monetary policy committee (MPC) raised the repo rate by 25 basis points (bps) to 6.50 per cent and removed its accommodative stance to combat inflation.

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Cashfree Payments introduces ‘Co-lend’: India’s first automated escrow management solution for co-lending

Cashfree Payments has introduced 'Co-lend,' the country's first completely automated escrow management solution for co-lending.

Cashfree Payments has introduced ‘Co-lend,’ the country’s first completely automated escrow management solution for co-lending.

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Karnataka Bank reports 16.68 per cent increase in total income in Q3 FY22 - Elets BFSI

Karnataka Bank jumped 8.88 per cent to Rs 150.15 following a 105.14 per cent increase in net profit to Rs 300.68 crore and a 16.68 per cent increase in total income to Rs 2,055.31 crore in Q3 FY23 over Q3 FY22.

Karnataka Bank jumped 8.88 per cent to Rs 150.15 following a 105.14 per cent increase in net profit to Rs 300.68 crore and a 16.68 per cent increase in total income to Rs 2,055.31 crore in Q3 FY23 over Q3 FY22.

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Union Budget 2023-24: BFSI Leaders give it a thumbs up - Elets BFSI

Finance Minister Nirmala Sitharaman delivered Budget 2023 on Wednesday and announced revisions to certain levies and taxes, resulting in some things being cheaper and others becoming more expensive.

Finance Minister Nirmala Sitharaman delivered Budget 2023 on Wednesday and announced revisions to certain levies and taxes, resulting in some things being cheaper and others becoming more expensive.

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Why data privacy is need of the hour? - Elets BFSI

Data privacy is a critical issue that affects individuals and organisations alike. With the increasing amount of personal information being shared online, the need to protect this data has never been greater.

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Adoption of conversation intelligence in banking: Accelerating frictionless customer engagement

Banking is one of the most competitive domains today. Amidst increasing customer expectations, new-age tech-driven banks are ibankingntroducing intelligent propositions as well as smart services making competition tougher for legacy organisations.

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Budget 2023: What leaders from the BFSI sector expect? - Elets BFSI

Every January brings with it new aspirations and expectations, one of which is a Union Budget wishlist for business people, salaried individuals, and finance specialists alike.

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Elets 12th NBFC100 Tech Summit to be hosted in Mumbai, India’s top 100 NBFCs to join - Elets BFSI

Driven by the aim of making an impact to transform the banking and finance sphere, Elets Technomedia along with Elets Banking & Finance Post is organising the 12th NBFC100 Tech Summit 2022 on 24th November at President in Mumbai.

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Ashok Chandra appointed as Executive Director of Canara Bank - Elets BFSI

Ashok Chandra will take over as Executive Director of Canara Bank on November 21, 2022.

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Fintech company Slice halts fundraising plans amid RBI’s PPI regulations

Fintech company Slice has halted its ongoing fundraising plans following RBI’s circular last month prohibiting Prepaid Payment Instruments (PPIs) from loading credit lines.

Fintech company Slice has halted its ongoing fundraising plans following RBI’s circular last month prohibiting Prepaid Payment Instruments (PPIs) from loading credit lines.

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Hiren Shah appointed as the Head of Investor relations in Poonawalla Fincorp

Poonawalla Fincorp Limited has announced the appointment of Hiren Shah as the Head of Investor Relations.

Poonawalla Fincorp Limited has announced the appointment of Hiren Shah as the Head of Investor Relations.

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Bank of India in partnership with K-fintech launches UPI-supported digital platform for NPS

Bank of India in alliance with K-fintech has launched its UPI-enabled digital platform for the enrollment of National Pension System (NPS).

Bank of India in alliance with K-fintech has launched its UPI-enabled digital platform for the enrollment of National Pension System (NPS).

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Credgenics ranked no. 1 as India’s Best Selling Loan Collections Platform - Elets BFSI

Credgenics, a leading debt collection platform, was ranked as India’s number one leader in Retail Lending Systems category by the UK-based research and advisory analyst firm, IBS Intelligence, in their Annual Sales League Table 2022.

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Accenture and IISc Collaborate for Research in Cloud Continuum and Neuromorphic Computing

Accenture and the Indian Institute of Science (IISc) Bengaluru are collaborating to undertake research and development in cloud continuum and neuromorphic computing at a newly established Accenture Centre for Advanced Computing.