Business Finance
India has emerged as the world’s fastest digital payments market, largely driven by the widespread use of the Unified Payments Interface (UPI). According to recent global financial assessments, India now records over 18 billion UPI transactions every month, making it the largest real-time retail payments system globally by volume. Cash and Card Use on the […]
Business Finance
India’s biggest public sector bank, State Bank of India (SBI), is set to kick off a major share sale worth approximately ₹25,000 crore (~US $2.9 billion) through a Qualified Institutional Placement (QIP), potentially as early as next week. The bank’s board has already given the green light, and SBI is now engaging with institutional investors for what may […]
Business Finance
Public sector banks (PSBs) in India are set to recruit approximately 50 000 employees during the current financial year—a strategic move to support business expansion, technological upgrades, and enhanced customer service. PSB Hiring Banks across the PSU sector are increasing recruitment to meet growing demand: Around 21 000 officer-level roles and 29 000 clerks/junior
Finance
India’s economic activity is projected to nearly triple over the next decade, with gross value added (GVA) expected to surge from approximately $3.39 trillion in 2023 to $9.82 trillion by 2035. A report by PwC India, titled Navigating the Value Shift, highlights a transformative shift from traditional sector-based businesses to domain-led models aligned with core human and