Finance

Kotak Mahindra Bank Q4 Profit Up 25 Per Cent On Higher Interest Income

The lender has no exposure to Jet Airways and Anil Ambani-led Reliance firms: CEO Read more

Turbulence In Financial Sector May Eventually Impact The Real Economy: Uday Kotak

High concentration of NBFC players poses a challenge, says Uday Kotak Read more

Ujjivan Begins Chennai Operations

Ujjivan Small Finance Bank, a wholly-owned subsidiary of Ujjivan Financial Services, on Tuesday announced commencement o... Read more

Govt Notifies Taking Over Of NHB From RBI

The government has issued a notification taking over the National Housing Bank (NHB) after buying entire stake for Rs 1,... Read more

LICs Micro Bachat, A Protection And Savings Plan For The Low-income Group

Life Insurance Corporation of India (LIC) launched a new plan ‘Micro Bachat’ in February this year. This is the firs... Read more

Yes Banks Balance Sheet Clean-up To Strain Profitability In Next 12-18 Months: Moodys

The bank is profitable on a full-year basis, with a return on assets of 0.5 per cent as of March 31, 2019, as against 1.... Read more

Two-wheeler Insurance Via WhatsApp: Bharti AXA Ties Up With Wishfin

Bharti AXA General Insurance, a private non-life insurer, has tied up with financial marketplace Wishfin’s insurance a... Read more

Standard Chartered Plans $1 Billion Buyback

Shares rallied as much as 7.2 per cent, the biggest intraday gain in nearly three years Read more

RBI Receives $18.65-billion Bid For Second Forex Swap Auction

Central bank plans to conduct OMO of ₹25,000 crore in May Read more

Insurer Chola MS Registers Premium Of ₹4,428 Cr In FY19

Cholamandalam MS General Insurance Company (Chola MS), a joint venture between Murugappa Group and Mitsui Sumitomo Insur... Read more

A Rise In Demand For Insolvency Courses

The rise in instances of companies undergoing restructuring and resolution under the Insolvency and Bankruptcy Code seem... Read more

Mudra Loans Miss Target By ₹27,000 Crore In FY19

Small business loans disbursed under the Pradhan Mantri Mudra Yojana (PMMY) have fallen short of the target set for 201... Read more

Micro Finance Sector To Grow Up To 22% In FY20: ICRA

The micro finance industry is on the path of recovery and is likely to see a growth of 20-22 per cent in 2019-20 despite... Read more

Aye Finance Reaches ₹1,000 Cr In AUM

Aye Finance, a CapitalG-backed fintech lender to the MSMEs said on Tuesday that it had reached ₹1,000 crore Asset Unde... Read more

Aegon Life, MobiKwik Join Hands For ₹20 Digital Insurance Product

Aegon Life Insurance has tied up with MobiKwik for a ₹20 digital insurance product. Available only on the MobiKwik App... Read more