Uday Kotak To Offload Shares On June 2 To Lower Stake In Kotak Mahindra Bank
SurabhiMumbai June 1Uday Kotak, veteran banker and Managing Director and CEO of Kotak Mahindra Bank, is set to offload 5... Read more
Consumer Savings Will Continue To Surge In Lockdown 5: SBI Report
With India going into Lockdown 5, State Bank of India’s Economic Research Department believes that consumer savings wi... Read more
PoS Terminals Will Not Lose Sheen In Post-Covid World: Worldline India
Point-of-sale (PoS) terminals are here to stay and will continue to underpin the growth of digital payments at least... Read more
Digital Payments Rebound In May; Transaction Volumes Exceed March Levels
Sharp spike in transactions on UPI, FASTag, BharatBill Pay Read more
Kuvera.in To Offer Loan Against Mutual Fund Units
Kuvera.in, the web-based direct mutual fund investment platform, offers ‘Loan Against Securities’ as part of its exi... Read more
Sundaram Mutual Offers Instant Redemption In Liquid Scheme
Sundaram Mutual has introduced instant redemption facility in its existing open-ended liquid scheme, Sundaram Money Fund... Read more
Microfinance Players Expect Loan Repayments To Start Soon
No legacy, they say, is as rich as honesty. Perhaps, India’s micro lenders can vouch for this. With an outstanding lo... Read more
Yes Bank Partners With Chalo Launch Contactless Card For Bus Passengers
Yes Bank has partnered with Chalo to launch of a co-branded contactless travel card in Mangalore and Udupi, which would ... Read more
Harsha Bangari Takes Charges As Exim Bank Deputy Managing Director
Harsha Bangari on Monday took charge as Deputy Managing Director at Export-Import Bank of India (Exim Bank),Prior to th... Read more
Axis Trustee Sends Legal Notice To YES Bank For Allegedly Hiding Facts While Raising Funds
Axis Trustee Services has served a legal notice on YES Bank for alleged inadequate disclosure to investors on the ongoin... Read more
Should I Take Loan Or Distribution From My Retirement Plan As A Source Of Funds?
Should I take loan or distribution from my retirement plan as a source of funds? Given the times we live in, there is no... Read more
USAA Q&A On Required Minimum Distributions (RMD)
As part of the new CARES Act, required minimum distributions (RMDs) are suspended for this year (2020) from retirement ... Read more
Home, Auto Loan Borrowers Topbeneficiaries Of Moratorium Relief
SurabhiEven as the Reserve Bank of India announced extension of the moratorium on term loans by another three months til... Read more
LIC Launches Modified PM Vaya Vandana Yojana
Life Insurance Corporation of India (LIC) on Monday announced the launch of the Pradhan Mantri Vaya Vandana Yojana (Modi... Read more
HDFC Reports 22% Fall In Q4 Net Profit
Housing Development Finance Corporation (HDFC) standalone net profit fell 22 per cent in the fourth quarter of 2019-20 t... Read more