SAKIB 
Bank of Maharashtra and Canara Bank hike loan interest quotes and FD prices. MCLR hike: Bank of Maharashtra has accelerated its Marginal Cost of Lending Rates (MCLR) by using 10 basis factors, powerful from April 15, 2023. The one-12 months MCLR has long gone up from 8.Forty consistent with cent to eight.50 in keeping with … Read more
Jain had worked with Axis Bank for over sixteen years earlier than joining Freecharge. He replaces Siddharth Mehta, who end Freecharge to set up his very own fintech undertaking. Former Axis Bank senior chief, Mohit Jain, has joined Freecharge, an Axis Bank-owned bills startup, as its Chief Executive Officer and Managing Director. This turned into … Read more
Telematics technology is changing the auto insurance industry – and has been adopted by many traditional providers. Insurance Providers Data collection is growing in popularity to create UBI insurance products. From commercial fleet services to consumer cover, protection that is based on real-time streaming of data results in more accurate risk assessments, faster underwriting and … Read more
American surtech Accel has raised US$4 million in seed funding led by Google’s Gradient Ventures as it seeks to become the ‘Plaid of Insurance‘. US insuretech Excel has raised US$4 million in seed funding as it aims to become the “Plaid for Insurance”. The round is being led by Google’s AI-focused venture funding arm Gradient … Read more
Cigna Group is providing customers with a clearer view of how much they pay for drugs through its prescription plans, as the industry responds to growing Washington scrutiny and competition from smaller rivals for greater transparency. The insurance giant’s pharmacy-benefit management unit will market a “fully transparent” option charging a flat monthly fee for each … Read more
The earthy smell of the Mississippi Delta gripped Charlie Weisinger’s psyche at an early age, and has haunted him ever since. City faces tough rebuilding after tornado Weisinger, 37, works at a bank to fund his farming addiction in Rolling Fork, where his family has grown cotton, corn, soybeans, rice or wheat since 1902. “It’s … Read more
Synopsis Traditional gold mortgage companies, consisting of Muthoot Finance and Manappuram Finance, are dropping marketplace percentage to banks, along with SBI, HDFC Bank, and Canara Bank, which benefit from an established, low-value deposit base. Muthoot Finance and Manappuram Finance saw five% expansion and nine% contraction YoY, respectively, in gold loans via December 2022, even as … Read more