Finance

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

RBI Imposes Monetary Penalty On Seven Banks

The Reserve Bank of India has imposed a monetary penalty of ₹1.50 crore each on Allahabad Bank, Bank of Maharashtra an... Read more

NBFC Crisis Roils Corporate Bond Sales, Dips 13% To ₹4 Lakh Cr Till December

Witnesses higher cost of borrowings post-August 2018 across all the rating categories Read more

Govt Introduces IFSC Bill In Rajya Sabha

It provides business and regulatory environment that is comparable to other leading international financial centres like... Read more

Q3 Results: Reliance Home Finance Net Up 37 Per Cent

The company’s assets under management moved up by 24 per cent to Rs 18,288 crore Read more

Kerala Financial Corp To Go Fully Digital From April 1, 2019

Payments can be carried out either online or through virtual accounts from the new financial year. Read more

Reliance General Insurance Files For IPO

Reliance General Insurance Co Ltd has filed for an initial public offering (IPO) consisting of a fresh issue of shares w... Read more

Rupee Gains On Weak Oil; Near-term Outlook Positive

Gurumurthy KThe Indian rupee, which was threatening to fall below 72 against the US dollar, made a sharp recovery in the... Read more

SUUTI Plans To Sell 3% In Axis Bank For ₹5,300 Crore

Floor price for offer fixed at ₹689.52/share Read more

Dena Bank Aims To Reduce Bad Loans To High Four Digits By March-end: CEO

Lender launches Mission Dena 9999 to bring down non-performing assets; will focus on recovery in written-off accounts Read more

IRDAI Panel Recommends Regulatory Sandbox For Tech-based Innovations

Companies allowed to test products for up to 12 months in five categories Read more