Finance

Four Indian IL&FS Staff In Ethiopia Released From Captivity

They had been held captive by Ethiopian employees over salary dues Read more

Near-term Outlook Mixed For Rupee

The Indian rupee remained stable in a narrow sideways range between 70.9 and 71.35 last week. Weakness in the US dollar ... Read more

Coverfox To Unveil Customised Micro-insurance Products Soon

Online insurer eyes tie-ups to cater to millennials Read more

Axis Bank Is Likely To Acquire A PSB If The Right One Comes About At The Right Price

ICICI Bank and HDFC Bank have grown through a ‘string of pearls’ acquisition strategy in the last two decades. Howev... Read more

Do We Really Need Insurance For Self-driving Cars?

Dan Peate, a venture capitalist and entrepreneur in Southern California, was thinking of buying a Tesla Model X a few ye... Read more

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