Finance

RBI To Conduct Dollar/Rupee Buy/sell Swap For $5 Bn On April 23

Following enthusiastic response to its US Dollar/Indian Rupee Buy/Sell swap auction of 3 years tenor for $ 5 billion on ... Read more

Supreme Court Order On Stressed Assets May Delay Debt Resolution Process: ICRA

The Supreme Court's decision to scrap the Reserve Bank of India's February 12 circular will delay the ongoing debt resol... Read more

Karnataka Bank In Pact With Bharti AXA

Karnataka Bank has entered into a memorandum of understanding with Bharti AXA Life Insurance Company to distribute the... Read more

Manappuram Finance Signs MoU With Autolite India

Under this MoU, Manappuram Finance will provide loans to customers and inventory funding for dealerships Read more

AUM Of Retail NBFCs Saw Sharp Slow Down In Growth In Q3 FY19

Growth slows to 3.3 per cent, which is the slowest in the last 10 quarters, says ICRA Read more

IndoStar Completes Acquisition Of IIFLs CV-financing Biz

With this acquisition, the company said the mix between retail and wholesale stands at 62:38 Read more

Banking Services Will Be Hit If Officers Take Up Election Duty

With bankers being asked to take up election duty, trade unions are worried about branch operations getting affected. D... Read more

RBI Injects Rupee Liquidity Via Forex Swap Auction

The ₹34,561 cr generated could be used to support credit growth Read more

Ahead Of Elections, Enforcement Agencies Swing Into Action To Curb Illegal Cash Flow

CBIC also asks officials to keep a close tab on the illicit movement of goods Read more

Policybazaar Expects Motor Insurance Policies To Drive Growth

Aims to more than double sales on rise in online purchase/claims settlements Read more

Northern Arc Capital Raises ₹910-cr Funding From IIFL

Northern Arc Capital (formerly IFMR Capital), on Tuesday, announced that it has raised ₹910 crore ($130 million) from... Read more

Karur Vysya Bank Appoints N S Srinath As Non-executive Chairman

Karur Vysya Bank on Tuesday said it has appointed N S Srinath as non-executive chairman for a period of three years. Sri... Read more

Govt Refuses To Disclose Details On RBI Governor Shaktikanta Das Appointment

The appointment came after Urjit Patel abruptly resigned amid a face-off with the government over issues related to gove... Read more

South Indian Bank To Raise Rs 250 Crore Via Bonds Issue

South Indian Bank said it would raise Rs 250 crore by issuing Basel III-compliant bonds to add up to its tier-II capital... Read more

IDBI Bank Officers Association To Go On Hunger Strike On March 30

IDBI Bank on Tuesday said its all-India Officers’ Association will observe a one-day nationwide hunger strike on March... Read more