Bajaj Allianz Life Insurance in strategic partnership with City Union Bank

– Advertisement – NEW DELHI: Bajaj Allianz Life Insurance has entered into a strategic partnership with City Union Bank to offer a wide array of life insurance solutions to the lender’s customers across their 727 branches. “Our partnership with City Union Bank will further help us expand our footprint in the southern states, and beyond. … Read more

City Union Bank partners Royal Sundaram General Insurance for insurance products

– Advertisement – Royal Sundaram General Insurance Co. Limited and City Union Bank have partnered to enable the customers of the bank to have easy access to comprehensive general insurance products across its 727 branches. “Being the pioneers in Bancassurance model, it has enabled us to understand a wide spectrum of consumer needs in a … Read more

City Union Bank partners Aditya Birla Health Insurance

– Advertisement – NEW DELHI: Aditya Birla Health Insurance Co. Ltd. on Wednesday announced a Bancassurance partnership with City Union Bank for distribution of health insurance products through the lender’s network of branches in India. Under the alliance, Aditya Birla Health Insurance’s full suite of insurance plans will be available for purchase to more than … Read more

Polyester yarn makers to laugh all the way to the bank this year too: Report

– Advertisement – MUMBAI: Robust demand from end-users and increased blending with cotton yarn due to decadal high prices of cotton will boost the revenue of polyester yarn makers by 18-20 per cent this fiscal, a report said on Thursday. This will have the industry’s growth spree continuing this fiscal as well leading to operating … Read more

Thailand’s Commercial Bank SCB Terminates Deal to Acquire BitKub Crypto Exchange

– Advertisement – Siam Commercial Bank (SCB), the oldest commercial banking institution in Thailand, has announced the effective termination of its proposed deal to acquire the BitKub exchange. According to the press release shared by the banking firm, the plan to terminate the deal was circumstantial and approved by the company’s board of directors.  The … Read more

Road & Track’s Best Sports Cars Under $30,000 Will Satisfy Your Need for Speed Without Breaking the Bank

– Advertisement – Choosing a new sports car can be tough. There are lots of options from luxury car brands like Mercedes-Benz, Porsche, BMW, and Lexus. But what if your budget doesn’t allow for that level of luxury? Fortunately, there are still car brands you can choose to provide a fast car at a low … Read more

Kenanga Investment Bank Collaborates with Ant Group to Launch Crypto-based Applications

– Advertisement – Kenanga Investment Bank Berhad, a major investment bank in Malaysia, on Wednesday announced its plans to launch a crypto-friendly wallet and trading application. Reportedly, it is planning to launch the app in early 2023. Kenanga said it has partnered with China’s tech giant Ant Group to enable the launch of Malaysia’s first … Read more

DBS Bank Says Its Bitcoin Trading Surged Amid Global Market Crash

– Advertisement – DBS Group Holdings announced on Tuesday that Bitcoin trades on its digital exchange more than doubled in June from the two previous months. The multinational bank said its Bitcoin purchases accounted for 90% of the crypto trading activities in contrast to a massive digital asset market downturn globally. Southeast Asia’s largest lender … Read more

Axis Bank hikes MCLR by 5 bps across tenors, follows other lenders

– Advertisement – Axis Bank has increased its marginal cost of funds-based lending rate (MCLR) by 5 basis points (bps) across tenors from August 18. The private lender revised its lending rate after the central bank’s monetary policy committee (MPC) on August 5 increased benchmark policy rates by 50 bps earlier this … Read more

Now, IDBI Bank too hikes deposit rates to fund strong loan demand

– Advertisement – At a time when banks are looking to aggressively increase mobilisation of deposits to fund demand for loans, IDBI Bank has increased interest rates on term deposits. The lender is offering a peak rate of 6.7 per cent to senior citizens for a select period under a new scheme. … Read more

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