Microfinance Players Expect Loan Repayments To Start Soon
No legacy, they say, is as rich as honesty. Perhaps, India’s micro lenders can vouch for this. With an outstanding lo... Read more
Yes Bank Partners With Chalo Launch Contactless Card For Bus Passengers
Yes Bank has partnered with Chalo to launch of a co-branded contactless travel card in Mangalore and Udupi, which would ... Read more
Harsha Bangari Takes Charges As Exim Bank Deputy Managing Director
Harsha Bangari on Monday took charge as Deputy Managing Director at Export-Import Bank of India (Exim Bank),Prior to th... Read more
Axis Trustee Sends Legal Notice To YES Bank For Allegedly Hiding Facts While Raising Funds
Axis Trustee Services has served a legal notice on YES Bank for alleged inadequate disclosure to investors on the ongoin... Read more
Should I Take Loan Or Distribution From My Retirement Plan As A Source Of Funds?
Should I take loan or distribution from my retirement plan as a source of funds? Given the times we live in, there is no... Read more
USAA Q&A On Required Minimum Distributions (RMD)
As part of the new CARES Act, required minimum distributions (RMDs) are suspended for this year (2020) from retirement ... Read more
Home, Auto Loan Borrowers Topbeneficiaries Of Moratorium Relief
SurabhiEven as the Reserve Bank of India announced extension of the moratorium on term loans by another three months til... Read more
LIC Launches Modified PM Vaya Vandana Yojana
Life Insurance Corporation of India (LIC) on Monday announced the launch of the Pradhan Mantri Vaya Vandana Yojana (Modi... Read more
HDFC Reports 22% Fall In Q4 Net Profit
Housing Development Finance Corporation (HDFC) standalone net profit fell 22 per cent in the fourth quarter of 2019-20 t... Read more
Kotak Mahindra Bank Cuts Interest Rate By 0.50% On Savings Deposits
Private sector lender Kotak Mahindra Bank (KMB) on Monday slashed the interest rate on savings deposits by a further 0.5... Read more
HDFC Reports 22% Fall In Q4 Net Profit
Housing Development Finance Corporation Ltd’s standalone net profit fell 22 per cent in the fourth quarter of FY20 to ... Read more
Kotak Mahindra Bank Shareholders Approve Plan To Raise Capital
Kotak Mahindra Bank on Monday said it has received shareholder approval for its capital raising plans.“We would like t... Read more
IDFC First Banks Senior Management Takes 10 Per Cent Pay Cut In FY21
With economic uncertainty due the national lockdown, IDFC First Bank announced on Monday that its senior management has ... Read more
Amphan Cyclone: IRDAI Asks Insurers To Hasten Settlement Of Claims
The Insurance Regulatory and Development Authority of India (IRDAI) has directed insurers to hasten settlement of claims... Read more
Conversion Of G-Secs Into Longer-dated Securities Gets Tepid Response
The government, on Monday, got tepid response to the conversion of the 8.27 per cent 2020 government security (G-Sec) in... Read more