RBI Extends RTGS Transfer Timings
The Reserve Bank of India has increased the Real Time Gross Settlement (RTGS) time window for customer transactions (ini... Read more
Save Your Home And Car This Monsoon Season
Rather than doing a guesstimate on whether the IMD will get its prediction right on normal rains this year, sign up for ... Read more
GIC Re, General Insurers Approach CBDT Seeking Relief From Long-term Capital Gains Tax
Insurers pay a tax of nearly 33% on sale of listed equities against 10-15 % paid earlier Read more
LVBs Q4 Net Loss Narrows To ₹264 Crore
Private sector lender Lakshmi Vilas Bank’s (LVB) net loss for the fourth quarter FY19 narrowed by 58 per cent to ₹26... Read more
A Day After Modi Was Re-elected Foreign Funds Bought Indian Bonds
Global investors piled a net $216.3 million into Indian bonds on Friday, the day after Prime Minister Narendra Modi’s ... Read more
Auxilo Finserve Enters Gujarat With Finance Of Rs 100 Crore In Education
It offers loans that cover up to 100 per cent of the financing for pre-admission requirements, tuition fees, pre-visa di... Read more
PNB Back In Red, Reports Q4 Net Loss Of Rs 4,750 Cr
After staging a turnaround in third quarter, Punjab National Bank (PNB) on Tuesday returned to red with net loss of Rs... Read more
IFC To Invest $35 Mn In Manappuram Finance
International Finance Corporation (IFC), a sister organisation of the World Bank Group, will invest $35 million in Manap... Read more
Customers May Go Easy On Policy Renewals
IRDAI move unlikely to affect auto sales Read more
ICRA Downgrades Long-termratings Of IDFC First Bank
Rating agency ICRA, on Tuesday, downgraded the long-term ratings of IDFC First Bank after the lender posted weak resul... Read more
Corpus Fund For Insolvency Resolution Cannot Be Attached By Any Authority
The corpus fund arranged by the Committee of Creditors under the National Company Law Tribunal’s (NCLT) directions tow... Read more
RBI To Create Regulatory Cadre To Monitor Banks
The board of directors of the Reserve Bank of India (RBI) has decided to create a specialised supervisory and regulatory... Read more
How IOB Notched Up Record Profit
Indian Overseas Bank (IOB) recorded the highest gross profit of ₹5,034 crore in FY2018-19 as the result of various i... Read more
Homeowners, Small Businesses Can Look Forward To Cheaper Insurance Cover Soon
IRDAI panel moots changes in view of recent losses due to natural calamities Read more
Muthoot Finance Eyes Rs 750-1,000 Crore Disbursement In Salaried Personal Loans In Next One Year
Also launches‘salaried personal loans’ product in NCR through its 282 branches and other channel partners Read more