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These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsIf the US-Iran ceasefire holds, the markets may see some recovery. The movement of crude oil prices and its impact on the markets supports ...
Banks must compete on customer experience to stay relevant: EY reportBanks must prioritize customer experience to stay relevant, evolving branches into 'phygital' advisory hubs, according to an EY India repor...
In volatile times: 5 stocks with score improvement and upside potential of up to 24%There are reasons to expect more volatility in the short term. The Street will adjust to the likely decline of both the top and bottom line...
Assam CM Himanta Biswa Sarma inaugurates AI-powered Slice Small Finance Bank in GuwahatiGuwahati witnessed the launch of India's first AI-powered 'phygital' banking branch by Slice Small Finance Bank. Chief Minister Himanta Bis...
The phygital turn: How tech-enabled advisors are reshaping health insurance accessIndia’s health insurance journeys are increasingly “phygital”: customers research and apply online, but still rely on human advisors at cri...
Moneyboxx Finance expands nationwide reach, nears Rs 1,200 crore AUM in empowering India’s micro-entrepreneursMoneyboxx Finance is targeting Rs 1,200 crore in Assets Under Management by FY26. The company is expanding its presence across India, now o...
Bank of Baroda opens first 'Phygital' branch in KolkataBank of Baroda has launched its first 'Phygital' branch in Kolkata, marking the seventh such branch nationwide. This innovative model blend...
Penalising brokers for tech glitches not ideal for market development: Jones George of Geojit Financial“The underlying technology ecosystem covering brokers, exchanges, banks, and clearing corporations is with interdependencies, complex and h...
For banks, digital is the aspiration but brick and mortar is the realityIndia has become a world leader in real-time digital payments, accounting for almost 40% of all such transactions, according to data from t...
Private banks taking branch route to expand deposit baseIndian banks, especially those privately owned, are adding branches at the fastest pace in several years to help garner deposits, upending ...
Muthoot Finance announces extension of NPS services to domestic, NRI customersThe iMuthoot application enables the customers to have a ‘Do It Yourself Model’ where any user can quickly submit the application and compl...
Tamilnad Mercantile Bank to focus on phygital platform, network expansion: MD&CEOThe Tamil Nadu-based bank's Managing Director and CEO S Krishnan who recently assumed office said retail, agriculture and micro, small and ...
HDFC Bank to open 1,500-2,000 branches every year, says CEO Sashidhar Jagdishan"The branch will be digital from a customer on-boarding and transaction/servicing perspective. It will provide the emotional connect and re...
HDFC Bank opens over 1,000 branches during pandemicAs of March 31, 2022, the Bank’s distribution network was at 6,342 branches and 18,130 ATMs across 3,188 cities and towns. The bank had ear...
Piramal Capital and Housing Finance integrates over 3,000 employees of DHFLThe company, a wholly-owned subsidiary of Piramal Enterprises Limited, continues to hire extensively for retail operations pan-India and ha...
World of phygital banking will be way forward: BankersCity Union Bank Managing Director and CEO N Kamakodi said that though the older generations are much comfortable with the manual banking ch...
Physical bank branches will continue to play key role in rural areas: BankersRural will always remain a little bit physical," IndusInd Bank Managing director and Chief Executive Officer Sumant Kathpalia said during a...
DBS Bank profit rises, infuses $150 million in FY20Net profit increased led by a 24% growth in revenues to Rs 1,444 crore from Rs 1,165 crore in fiscal 2019.
Fino Payments Bank to increase presence in rural Kerala"We have launched our new campaign to go deeper into the interiors of the state where we have 700 merchants as banking points of which clos...
Private banks are waking up to the call of heartlandAccording to RBI data for 2018, private sector banks expanded their branch network in rural areas by more than 27% and in small towns by al...