As per the Regulation 30 of the SEBI Listing Regulations CRISIL Ratings Limited has assigned CRISIL AAA/ Stable rating to INR 1,60,000 crore Fixed Deposits of IDFC FIRST Bank. Further CRISIL has reaffirmed CRISIL AA+ / Stable rating and CRISIL A1+ rating to the Tier II bonds (under Basel III) …
Read More »ESAF Small Finance Bank Scores High in ESG Rating Under SEBI Framework
ESAF Small Finance Bank Ltd. has achieved an impressive score of 68.1 in an ESG RATING conducted by CARE ESG RATING, based on the SEBI-approved framework. By significantly ahead of the industry average of 51.8, the bank has demonstrated that its environmental, social and governance practices are set at a …
Read More »Fraud Detection and Prevention: Strategies for Financial Institutions
In the ever-evolving landscape of financial fraud, cutting edge detection and prevention strategies are crucial for safeguarding assets and maintaining customer trust. This article explores the latest technologies and approaches in fraud detection, emphasising the critical role of AI driven solutions and multilayered security frameworks. Fraud detection and prevention remain …
Read More »PM lauds contributions by PSU Banks in transforming the banking sector
The Prime Minister, Shri Narendra Modi has shared a thread post on social media platform X by MyGovIndia and highlighted the contributions by PSU Banks in transforming the banking sector. The Prime Minister wrote: “Insightful data on how there has been a transformation in the banking sector and how PSU …
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