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RBI revamps business correspondent model to boost last mile delivery of financial servicesThe Reserve Bank of India is overhauling its business correspondent system. New service points, Business Correspondent-Banking Outlets and ...- From CP to Gateway of India: India How Bharat Forecasting System will predict localised weather forecast for smaller areasIndia's weather forecasting capabilities are set to improve significantly with the unveiling of the 'Bharat Forecasting System' (BFS). Deve...
- Government to unveil Bharat Forecasting System on MondayOn Monday, the government will launch the 'Bharat Forecasting System,' developed by IITM, offering highly accurate and localized weather pr...
- Bajaj Group seeks CCI's nod to acquire Allianz's 26% stake in insurance JVsBajaj Group is seeking CCI approval to acquire Allianz SE's 26% stake in Bajaj Allianz General Insurance and Bajaj Allianz Life Insurance, ...
- DOGE job cuts bring pain to Trump heartlandJennifer Piggott, a former Trump supporter, regrets her choice after being fired from her job at the Treasury Department’s Bureau of Fiscal...
- Healthcare, manufacturing sector to benefit most from Fed rate cuts: Motilal OswalAs the U.S. Federal Reserve's anticipated rate cut approaches, a report by Motilal Oswal suggests that the healthcare and manufacturing sec...
- Fundamental Radar: Mphasis stock may correct to Rs 2,100; Kotak Equities explains whyMphasis works with all the top-10 US banks and has a presence across most sub-verticals within the banking, and financial services (BFS) se...
- In spite of slow start, we will definitely achieve double digit growth in FY24: Debashis Chatterjee, LTI MindtreeEspecially in BFS, we have seen a few clients getting into a hiring freeze. So those are primarily the reasons why we did not see the ramp ...
- We expect growth in BFS business to be significantly lower in FY24: Sudhir Singh, CoforgeThis year we need to secure the guidance number that we have talked about and of course, the intent will always be to try to exceed the num...
- Analysts credit stater acquisition for Infosys posting better numbers than TCSInfosys reported $3.21 billion of revenue in the September quarter, against $5.52 billion by TCS.
- IT firms likely to face volatility in banking, financial services space: ReportBFS is a staple for Indian IT services companies serving global clients, and it accounts for major chunk of overall tech services basket.
- Financial supervision board may turn government-RBI flashpointComposition of the Board for Financial Supervision could emerge as a point of conflict between govt and RBI.
- Expert panel to look into issues on capital surplus: RBIThe Board for Financial Supervision (BFS) would vet issues concerning the banks under PCA.
- Buy Bajaj Holdings & Investment, target Rs 3481 : SharekhanBuy Bajaj Holdings & Investment Ltd. at a price target of Rs 3481.
- Chandrasekaran promises solid Q3 for TCS, sees rampup in retail and domestic businessBFS as a sector has gone through one of the toughest times in last 5 years, he said, adding there was pentup demand in BFS even as some cli...
- Banking, financial services segment ahead of company's overall growth: TCSAllaying concerns regarding demand slowdown in BFS vertical, country's largest IT firm TCS said the segment continues to grow well and is "...
- With Polaris, Virtusa can pursue larger, deeper engagements: Kris Canekeratne, Virtusa CEOKris Canekeratne said that together they are a fairly large and formidable player in financial services, with BFS revenues north of $470 mi...
- TCS sets up 1000-seater unit in Singapore to focus on banking and financial services spaceTCS Singapore Banking and Financial Services Centre will provide application development, digital and IT services to global banks in the As...
- IT major Cognizant Financial Services head Debashis Chatterjee quitsWhile Jaideep Poondhir is tipped to take over as the head of the BFS portfolio, there was no information available on where Chatterjee, wit...
- Cognizant's BFS head, Debashis Chatterjee quitsChatterjee has 20 years of experience in the IT industry, with over 14 years in Cognizant alone. Cognizant earns maximum revenues from fina...
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