by OverviewFX | Sep 7, 2024 | Banking & Finance
By using a fuel credit card, you can conveniently buy petrol, diesel, and other fuels at fuel stations while enjoying various benefits that can enhance your travel experience and help you cut down on fuel costs.What is a fuel credit cardAccording to the Kotak Mahindra...
by OverviewFX | Sep 7, 2024 | Banking & Finance
State Bank of India (SBI) Chairman CS Setty has warned of growing cybersecurity challenges and the need for improved digital literacy in the banking sector. While investments in cybersecurity are on the rise, the availability of professional support for these...
by OverviewFX | Sep 7, 2024 | Banking & Finance
Sudipto Nag, President, Retail Portfolio Management Group at Axis Bank, began with the importance of understanding customer behavior to enhance collections. A large part of customers aren’t defaulting, they have shown credit hungriness. Banks will be able to read it....
by OverviewFX | Sep 7, 2024 | Banking & Finance
Banks are mulling to hire graduates under 25 years of age as apprentices in a month, a top industry official said on Friday. Lenders will be paying a stipend of Rs 5,000 a month to such candidates who will get trained on a specialized skill set during the stint,...
by OverviewFX | Sep 7, 2024 | Banking & Finance
Bank of Baroda on Friday raised Rs 5,000 crore through the sale of infrastructure bonds, garnering long-term funds to finance demand for loans amid a slower pace of deposit growth.The bank issued 10-year infrastructure bonds at a coupon rate of 7.26%, with the...
by OverviewFX | Sep 7, 2024 | Banking & Finance
There cannot be any doubt that the banking sector as whole is facing some headwinds and that is probably the reason why PSU banks have started to underperform. Right from rising cost of funds to higher operational cost to lower than expected growth. But the question...