SBI Tightens Lending Norms For Auto Dealers
According to its internal memo, the bank is revising the lending terms due to growing stress in this sector since April ... Read more
Dont Let Dorm Room Hijinks Drag You Down Financially
Renters insurance can help protect young college students from being debt-dependent and parents from unexpected liabilit... Read more
RBIs Digital-district Idea Fraught With Challenges
The idea of digitally-enabled districts, to be facilitated by public sector banks, is timely but challenges are galore,... Read more
Zeta Secures Series C Investment Of Nearly $60 Million From Sodexo At $300 Million Valuation; Gives Equity Stake
Fintech start-up plans expansion in US, UK and Europe Read more
HDFC Life Q1 Net Up 12%
HDFC Life Insurance reported a near 12 per cent increase in net profit for the first quarter of the fiscal, led by robus... Read more
To Recover Dues, Insurers To Be Part Of DHFL Inter-creditor Pact
They are hopeful of getting clearance from the IRDAI Read more
Bombay HC Disposes Third-party Plea In Kotak Bank-RBI Case
The Bombay High Court, on Tuesday, disposed of an application filed by a third-party on behalf of deposit holders, who w... Read more
Mahindra Finance Netslips 75% To ₹68 Crore
Amid turbulence in the NBFC sector, Mahindra and Mahindra Financial Services reported a 75 per cent drop in standalone ... Read more
PNB Housing Fin To Consider Capital Raising On July 30
PNB Housing Finance (PNBHFL) will consider further capital raising at its upcoming board meeting on July 30. “The boar... Read more
Investments In Kisan Vikas Patra To Now Double In 9 Years 5 Months
The maturity period has been extended by one month since lowering of rate to 7.6 per cent for September quarter Read more
Bank Of Baroda Enters Into MoU With Pine Labs
Bank of Baroda has entered into a Memorandum of Understanding (MoU) with Pine Labs to provide the affordability solution... Read more
NHB's Directive On Interest Subvention Products To Affect Developers, HFCs : CARE Ratings
The credit rating agency said the scheme has been a market practice for years Read more
IndusInd Bank Plans To Raise Up To Rs 20,000 Cr
Private sector IndusInd Bank plans to raise up to Rs 20,000 crore by issuing bonds on a private placement basis from the... Read more
Indian Overseas Bank Narrows Net Loss To Rs 342 Cr In June Quarter
State-owned Indian Overseas Bank (IOB) on Tuesday reported narrowing of its net losses to Rs 342.08 crore in the first q... Read more
Viral Acharya Packs Up, Leaving Behind Warnings For RBI, Govt
Viral Acharya will be ending his stint as deputy governor at the Reserve Bank of India with a sense of unfinished busine... Read more