Finance

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

Bharti AXA Life Renewal Premium Up 17 Per Cent

New business premium declines due to Covid-19 induced shortfall in March Read more

Lockdown To Hit Profitability Of BoI

Bank of India (BoI), on Monday, said its profitability may get impacted in the first and second quarters due to the nati... Read more

Unscrupulous Entities Imitating RBI Mails For Fraudulent Purposes

The Reserve Bank of India (RBI) has cautioned members of the public as well as financial institutions to beware of some ... Read more

Uday Kotak To Offload Shares On June 2 To Lower Stake In Kotak Mahindra Bank

Veteran banker and Managing Director and CEO of Kotak Mahindra Bank, Uday Kotak is set to offload 5.6 crore shares in th... Read more

Uday Kotak To Offload Shares On June 2 To Lower Stake In Kotak Mahindra Bank

SurabhiMumbai June 1Uday Kotak, veteran banker and Managing Director and CEO of Kotak Mahindra Bank, is set to offload 5... Read more

Consumer Savings Will Continue To Surge In Lockdown 5: SBI Report

With India going into Lockdown 5, State Bank of India’s Economic Research Department believes that consumer savings wi... Read more

PoS Terminals Will Not Lose Sheen In Post-Covid World: Worldline India

  Point-of-sale (PoS) terminals are here to stay and will continue to underpin the growth of digital payments at least... Read more

Digital Payments Rebound In May; Transaction Volumes Exceed March Levels

Sharp spike in transactions on UPI, FASTag, BharatBill Pay Read more

Kuvera.in To Offer Loan Against Mutual Fund Units

Kuvera.in, the web-based direct mutual fund investment platform, offers ‘Loan Against Securities’ as part of its exi... Read more

Sundaram Mutual Offers Instant Redemption In Liquid Scheme

Sundaram Mutual has introduced instant redemption facility in its existing open-ended liquid scheme, Sundaram Money Fund... Read more