APN News

  • Sunday, September, 2021| Today's Market | Current Time: 02:51:29

    • Banking

    Federal Bank Expands Collaboration with Oracle and Infosys to Implement a Cloud-Based Customer Relationship Management System

    Chennai : Federal Bank announced an expanded strategic collaboration with Oracle and Infosys, a global leader in next-generation digital services and consulting, to provide an enhanced customer experience through Oracle CX (Customer Experience) platform. The collaboration will focus on creating a comprehensive integrated Customer Relationship Management (CRM) solution across marketing, sales, customer service, and social […]

    Banking

    HDFC Bank Commits To Becoming Carbon Neutral By2031-32

    Announces plan ahead of World Environment Day on June 5 Plans to achieve this by reducing consumption & resource footprint, moving towards renewable energy and offsets Fund green products; Evaluate credit basis ESG scores HDFC Bank today announced plans to become carbon neutral by 2031-32. As part of this initiative, the Bank is looking at […]

    Banking

    Press Release basis today’s press conference by IBA and SBI

    Shri. Dinesh Khara, Chairman, SBI, Shri. Rajkiran Rai, Chairman, IBA and Shri Sunil Mehta, Chief Executive, IBA addressed a joint press conference today to announce the various support measures and launch of new loan products by all Public Sector Banks to mitigate the impact due to resurgence of Covid pandemic. While the economy had revived […]

    Banking

    Canara Bank to raise Rs. 9,000 Crore by way of Equity and Debt Instruments

    New Delhi:  Canara Bank, the leading nationalized bank, in its Board of Directors meeting, held today i.e. 28.05.2021, has approved the Capital Raising Plan of the Bank for the Financial Year 2021-22 amounting up to Rs. 9,000 Crore by way of Equity and Debt Instruments. The Board of Directors of the Bank has approved to […]

    Banking

    ICICI Bank links UPI ID facility to its ‘Pockets’ digital wallet

    First bank to introduce the unique facility Customers now don’t need a bank account to use UPI ID on ‘Pockets’ app All customers including those who are not banking with ICICI Bank can use the facility Mumbai: ICICI Bank today announced the launch of a unique facility of linking a UPI (Unified Payments Interface) ID […]

    Banking

    ICICI Securities Ltd: With ICICIdirect, Indian customers can now invest in five new Global markets

    United Kingdom, Japan, Hong Kong, Germany & Singapore exchanges added Upto $250,000 PA can be invested in overseas assets under LRS Domestic investors can trade in stocks, Exchange Traded Funds, mutual funds (non-US) and fixed income products traded in those exchanges New Delhi:  ICICIdirect, a virtual financial supermarket offering investment, protection, and loan products, today […]

    Banking

    Global Banking Sector Reaching Almost Pre-pandemic Heights, Market Cap Jumped by 20% Quarter-over-Quarter and Hit €7.3T

    The economic recovery from the COVID-19 accelerated in the first half of 2021, causing the global banks’ market cap to almost completely recover and reach pre-pandemic levels. According to data presented by StockApps.com, the market capitalization of the global banking sector jumped by nearly 20% since December and hit €7.3trn in the first quarter of […]

    Banking

    NiyoX Equitas digital savings account on-boards 100,000 customers in 50 days

    New Delhi: NiyoX – a 2-in-1 wealth plus savings account powered by India’s leading digital banking fintech Niyo – on-boards 100,000 customers in less than two months of its launch. At a time when more than 80% of the country is under lockdown-like restrictions, the relevance and need of having a digital savings account has […]

    Banking

    Federal Bank delivers highest ever quarterly net profit at ₹ 477.81 Cr

    Chennai: Federal Bank announced its audited financial results for the quarter and year ended 31st March 2021 today. Highlights ·         Recorded highest ever Quarterly Net Profit of ₹ 477.81 Cr, up by 58.60% on a YoY basis ·         RoA crossed 1% and stood at 1.02%, and RoE at 12.20% ·         Net Interest Income grew by […]

    Banking

    DBT beneficiaries can withdraw PM Kisan Yojana funds from Fino banking points

    Mumbai: Fino Payments Bank’s over 6 lakh neighbourhood merchant banking points are  geared up to help India’s farming community by providing access to cash to the beneficiaries of government’s direct benefit transfer (DBT) scheme, the PM Kisan Yojana. On 14 May, Government of India credited over ₹19000 crores directly into the accounts of more than […]

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