BOB Financial and Indian Navy Launch Co-Branded Credit Card

The specially curated co-branded credit card with Indian Navy has been launched as a contactless offering on the RuPay network. The co-branded credit card will be offered in 3 variants to the Indian Navy personnel; each variant comes with unique…

Bank of Baroda achieves a top position in Digital Payments for 2020-21

The Award is a testimony of Bank of Baroda being at the forefront of providing the latest innovative digital products and services The Bank is accelerating its journey to “digital first” banking and give their customers the banking experience they…

Bank of Baroda celebrates the grand success of Green Ride – Ek Pehal Swachh Hawa ki Aur’ with fitness icon Milind Soman

Bank of Baroda celebrates the grand success of the ‘Green Ride – Ek Pehal Swachh Hawa ki Aur’ initiative with super-model and fitness enthusiast, Milind Soman. Under this initiative, Milind Soman accomplished a 1400 km journey from Mumbai to Delhi via Gujarat,…

Bank of Baroda signs MoU with Centrum Housing Finance Limited (CHFL) for sourcing and financing Housing loans under Co-lending Mechanism.

Bank of Baroda has signed an MoU with CHFL  for sourcing and financing the Housing loan borrowers under Co-lending Model (CLM) mechanism. The MOU is signed today by Mr. Harshadkumar T. Solanki, General Manager, Mortgage and Other Retail Assets, Bank…

Credit Suisse to hire 1,000+ staff in India IT in 2021

New hires reflect the bank’s strategy to invest in a strong pool of world-class in-house local technology talent and nurturing leaders to support its global business operations Credit Suisse plans to hire over 1,000 IT employees in India this year,…

Hoist Finance Selects LTI’s Digital Banking Platform to Achieve Accelerated Growth in Europe

Platform to support growth in Performing Loans segment Larsen & Toubro Infotech Ltd. (BSE: 540005, NSE: LTI), a global technology consulting and digital solutions company has entered into a strategic engagement with Hoist Finance AB,  a pan European financial services company,…

Innovate to transform banking and money landscape: IMF

As privately issued stablecoins continue to encroach on more traditional forms of money — like cash and bank deposits — policymakers will not simply look on from the sidelines.

Wilful defaulters set India back by ₹ 1.50 trillion in 2018-19

Wilful defaults in India crossed 1.50 trillion rupees ( approx. $21bn ) while State Bank of India accounted for nearly a third of all wilful defaults

State borrowings may face pressure in coming years: Economists

State borrowings may face pressure in coming years: economists A mismatch between demand and supply of state development loans can affect the cost of borrowings for state governments over the next five years, eminent economists said at a crucial meeting…

₹ 700 billion and counting: RBI struggles to revive sluggish economy

RBI’s ₹ 700 bn cash infusion in April was unable to revive the economy, further efforts are expected to continue.