Finance

Open Refinancing Window For Crisis-hit Non-banking Financial Companies Sector

Growth and not solvency is the issue, says FIDC Read more

ED Attaches Simbhaoli Sugars Assets Worth ₹110 Crore In Bank-fraud Case

It is alleged that the company has diverted the loan funds intended for farmers Read more

CBI Turns Up The Heat On Bank Fraudsters, Conducts Raids In 50 Places Across Country

‘Fresh cases’ relate to scams totalling ₹1,135 crore, says the agency Read more

RBI Imposes Penalty On Allahabad Bank, UCO Bank

The Reserve Bank of India has imposed a penalty of ₹50 lakh each on Allahabad Bank and UCO Bank for non-compliance wit... Read more

PSBs Need ₹50,000-crore Growth Capital This Fiscal: SBI Report

‘Consolidation will improve banks’ ability to lend for developmental needs’ Read more

NFRA-1 Form To Be Filed By July 31

The National Financial Reporting Authority (NFRA), the newly set up audit profession regulator, has now made it mandator... Read more

Bharti Airtel, Bharti Enterprises Infuse ₹325 Crore In Payments Bank

Bharti Airtel and Bharti Enterprises have injected about ₹325 crore in Airtel Payments Bank, as per regulatory documen... Read more

Number Of Bank Fraud Declines To 6,735 In 2018-19: Nirmala Sitharaman

The bank fraud incidence involving over ₹1 lakh has declined to 6,735 in 2018-19 as compared to 9,866 in the previous ... Read more

Bajaj Allianz General Insurance Revamps Home Insurance Product

Adds new features like option to buy product for as low as one day to a long term period of five years Read more

Karnataka Bank Launches Web Tool For NPA Recovery Process

Vasool So-Ft was launched by the bank’s MD & CEO Mahabaleshwara MS Read more

Bond Traders Seen Giving PM Modi A Pass On Wider Deficit

It turns out that bond traders in India can be forgiving of budget misses when the nation’s economic growth is threate... Read more

Australia Cuts Interest Rates Further

The bank is battling to extend a record 28-year-run without a recession against increasing headwinds -- including low wa... Read more

Airtel Payments Bank Partners With Bharti AXA Life To Offer Pure Term Insurance

Airtel Payments Bank has partnered with Bharti AXA Life Insurance to offer Bharti AXA Life POS Saral Jeevan Bima Yojana ... Read more

Assessment Of Firms: CBDT Wants AOs To Verify Partnership Deeds & Salary/income Of Partners

Move will ensure there is no under-reporting of tax liability Read more

DHFL Defaults On ₹225-crore Unsecured Commercial Papers

Troubled Dewan Housing Finance (DHFL) on Tuesday said it has defaulted on unsecured commercial paper of ₹225 crore and... Read more