Finance

Centrum Group Looks To Scale Up Insurance Broking Business

For Centrum Group, 2018 was one of the best years, as the diversified financial services firm wrapped it up with a strin... Read more

Disclosure On Nil Divergence Was To Comply With SEBI Norms: YES Bank

‘Has not indulged in misrepresentation’ Read more

World Bank, UN Women And SIDBI Plan Womens Livelihood Bond To Raise ₹300 Cr

Proceeds will help rural women set up, scale up their enterprises Read more

Swiss Re Banks On Tech To Improve Claim-settlement In Crop Insurance

Global reinsurer Swiss Re is working on using technology to improve claim settlement in crop insurance scheme.Satellite ... Read more

Change In Customer Preferences Will Boost Innovation In Insurance Sector

The change in consumer preferences is likely to drive product innovation in the general insurance industry in India. Acc... Read more

PM Jan Dhan Yojana Accounts See Record 24% Rise In Average Balance

But the upper cap on balance at ₹50,000 is a constraint for users Read more

India Surpasses Italy For Worlds Worst Soured Loan Ratio

India holds the dubious distinction of having the worst non-performing loan ratio among the world’s major economies, h... Read more

Fintech ZestMoney Eyes 8,000 E-comm Merchants By Year-end

KR SrivatsZestMoney, a digital consumer-lending fintech, wants to emerge as the ‘go-to’ platform for EMIs in the cou... Read more

Sharp Rise In Concentration Risks For Debt Funds On IL&FS, DHFL Crisis

Several funds, with relatively lower corpus, have been witnessing a steep increase in DHFL bond holdings Read more

Andhra Bank Loss Widens To ₹579 Cr

Andhra Bank posted a net loss of ₹579 crore in the third quarter ended December 2018. The loss widened as the lender s... Read more

Manimekhalai New ED Canara Bank

A Manimekhalai has taken charge as the Executive Director at Canara Bank. She was previously with Vijaya Bank as General... Read more

KVB Net Profit Slips 70% In Q3

Karur Vysya Bank’s net profit at the end of the third quarter of the current fiscal nosedived 70.3 per cent to ₹21.2... Read more

Now, Voice Bot Tia To Disburse Loans For Tata Capital

Tata Capital has launched a voice bot that disburses personal loans without human intervention. Tia, the voice-enabled b... Read more

Bajaj Allianz Life Insurance Gross Written Premium Rises To ₹ 5,567 Crore

Private sector Bajaj Allianz Life Insurance has posted a 13.4 per cent increase in gross written premium to ₹5,567 cro... Read more

Insurers Seek Alternative To Aadhaar E-KYC As Instant Policies Get Delayed

Insurance companies are trying to work out alternative solutions to Aadhaar-based e-KYC authentication as instant policy... Read more