HDFC Ergo Launches Countrys First Drone Cover
In an industry-first initiative, the third largest private sector general insurer HDFC Ergo on Monday tied up with tech ... Read more
Airtel Payments Bank Launches New Salary Account For MSMEs
Airtel Payments Bank on Monday launched a new salary account for micro, small and medium enterprises.Called the Suraksha... Read more
Bharti AXA General Insurance Premium Up 38 Per Cent In FY19-20
Bharti AXA General Insurance, a private general insurer, has registered a 38 per cent increase in its premium income in ... Read more
ICICI Bank Launches Digital Overdraft Facility
Private sector lender ICICI Bank has launched an online overdraft facility for its salaried customers.Called ‘Insta Fl... Read more
SBI Cuts Lending Rates By 25 Bps
The State Bank of India (SBI) has cut its Marginal Cost of Funds based Lending Rate (MCLR) by 25 basis points across all... Read more
IRDAI Asks Insurers To Hasten Processing Of Claims Related To Cyclone Nisarga
All general insurers and standalone health insurers should take immediate steps to register and quickly dispose off all ... Read more
RBI May Tweak Norms For Loan Sales
Move to ease pandemic impact on stressed assets Read more
Soon, Treasury Single Account For All Ministries, Departments
Move to minimise cost of borrowing, ensure better utilisation of funds Read more
Credit To MSMEs: Tamil Nadu Tops In Sanctions, Disbursals So Far
PSBs have till June 5 sanctioned ₹17,705.64 crore and disbursed ₹8,320.24 crore, says Finance Ministry Read more
IOB Cuts Interest Rates On Loans
Chennai-headquartered Indian Overseas Bank has reduced interest rates on loans linked to MCLR by 30 basis points in over... Read more
IL&FS Sells 50% Stake In GIFT City To Gujarat Government
Thus reducing consolidated debt by over ₹1,200 crore Read more
October-December Will Be A Testing Quarter For Banks: Union Bank Chief
The third (October-December) quarter could be a testing one for banks as slippage in accounts which opted for moratorium... Read more
Evolving Co-lending Model Promises Win-win Benefits To All Stakeholders
Though still early days, co-lending appears to offer win-win benefits to all stakeholders and the model is expected to g... Read more
The Next Googly Is Difficult To Predict: Federal Bank Chief
The bank is padded up for the tough overs and is set to open 2021 more confidently, says Shyam Srinivasan Read more
Infibeam Buys Out Corporate Credit Cards Firm Cardpay In All-share Deal
Financial technologies solutions provider Infibeam Avenues Ltd on Monday said it has acquired a 100 per cent stake in B... Read more