A broad coalition of bank and insurance sector trade unions on Monday issued a joint appeal opposing the Insurance Laws (Amendment) Bill, 2025, which was tabled in the Lok Sabha by Union…
Author: BNW News
A Plea for Support: Keep Biznewsweek’s Voice Alive
At Biznewsweek, we are committed to delivering incisive, credible news and opinions that empower our readers to navigate India’s complex economic and political landscape. As a trusted source, we strive to provide…
Mounting Attacks on Bank Staff: Centre Steps In with Advisory to States Amid UFBU’s Alarm
In a decisive intervention, the Union Finance Ministry has issued a strong advisory to all State Governments, urging immediate measures to safeguard bank staff amid rising incidents of verbal and physical abuse…
Capital India Finance Surpasses ₹1,000 Crore AUM Milestone in FY25
Capital India Finance Limited (CIFL), a middle-layer non-banking financial company listed on the NSE and BSE, has crossed a significant milestone, surpassing ₹1,000 crore in assets under management (AUM) in the financial…
Bank Employees’ Union pledges support for border communities amid India-Pak tensions
The All India Bank Employees’ Association (AIBEA) has announced a series of measures to support residents and security forces in India’s border regions as tensions with Pakistan escalate following a terrorist attack…
AIBEA calls for robust conduct regulations for PSB Chiefs
The All India Bank Employees’ Association (AIBEA) has urged the government to establish clear and comprehensive conduct regulations for managing directors (MDs) and executive directors (EDs) of public sector banks (PSBs), citing…
Union Bank staff body seeks probe into crores spent on ‘India@100’ book
Calls purchase “wasteful expenditure”; seeks disclosure of benefits, compliance with norms Mumbai: The All India Union Bank Employees Association (AIUBEA) has written to Union Bank of India’s Managing Director and CEO A….
India’s IBC Under Fire: The JSW Ruling and Systemic Struggles
India’s Insolvency and Bankruptcy Code (IBC), introduced in 2016, was envisioned as a game-changer for resolving corporate distress and tackling the nation’s non-performing asset crisis. By consolidating fragmented laws, prioritizing creditor rights,…
Credifin riases US$24.9 Million in Equity and Debt Funding to Fuel Growth
Jalandhar, April 17, 2025 – Credifin Limited, a Metropolitan Stock Exchange of India-listed Non-Banking Financial Company (NBFC) formerly known as PHF Leasing Limited, has successfully raised US$24.9 million (approximately Rs. 213.6 crore)…