PGIM India Mutual Fund has launched a new investor education and awareness website: MoneyAndMe (https://moneyandme.pgimindiamf.com/). This website contains exhaustive content on various aspects of personal finance including household budgeting, protection, savings and investing. ...

ICICI Bank has announced its partnership with National Payments Corporation of India (NPCI) to launch a range of credit cards on payments network RuPay. The ICICI Bank RuPay Credit Card is presently available in the Coral variant of the Bank’s Gemstone series. This will ...

Small Industries Development Bank of India (SIDBI) has partnered with the TP Renewable Microgrid Ltd (TPRMG), a wholly-owned subsidiary of Tata Power. Aim: To set up 1,000 green energy enterprises throughout the country As per the agreement, SIDBI will provide them a “Go ...

The RBI has imposed certain restrictions on Kerala-based, Thodupuzha Urban Co-operative Bank for a period of six months (August 23, 2022). Reason: Due to its deteriorating financial condition Impact: Restriction on granting or renewing loans and advances and ...

HDFC Bank would invest in Go Digit Life Insurance Ltd, the general insurer backed by Canada-based Fairfax Group. HDFC Bank has proposed an investment of between Rs 49.9-69.9 crore (two tranches) by subscribing to equity shares of the company for an equity stake ...

Tata Neu and HDFC Bank have partnered to launch two co-branded credit cards variants- (1) Tata Neu Plus HDFC Bank Credit Card (2) Tata Neu Infinity HDFC Bank Credit Card Customers will earn 2% NeuCoins with Tata Neu Plus HDFC Bank Credit Card on all ...

As per the latest data collated by PGA Labs shows that, the State Bank Of India has topped debit cards market with a 30% market share, as of June 2022. Followed by Bank of Baroda (8% market share), Bank of India, Canara Bank Union Bank, and Punjab National Bank with 5% each. HDFC ...

A co-branded RuPay credit card for Indian Army personnel has been introduced by BOB Financial Solutions Limited (BFSL), a fully owned subsidiary of Bank of Baroda (BoB), in collaboration with National Payments Corporation of India (NPCI). This co-branded credit card will be available on ...

The Reserve Bank of India has lifted the business restrictions on American Express Banking Corp and allows to restart onboarding of new domestic customers on its card network. Background: RBI had put the curbs on American Express in May 2021. Reason: For not complying with a ...

Reserve Bank of India has become the net seller of the US currency in June 2022 after selling USD 3.719 billion on a net basis. The central bank has purchased USD 18.96 billion from the spot market and sold USD 22.679 billion. In June 2021, RBI ...