Banks, Select Financial Institutions Report Frauds Involving ₹1.13 Lakh Crore In H1 Of FY20: Sitharaman
Frauds involving ₹1,13,374 crore were reported by banks and select financial institutions in the first half of the cur... Read more
Mahindra & Mahindra Financial Services To Raise ₹310 Cr Via NCDs
Non-banking finance firm Mahindra & Mahindra Financial Services on Monday said it will raise up to ₹310 crore thro... Read more
LIC Unions Against Stake Sale, To Protest
The insurer is profitable, has assets of ₹31-lakh crore; why hand over such wealth to corporates, ask employees Read more
Divestment To Help Both LIC, Government: Jayant Sinha
BJP MP and former Union Finance Minister Jayant Sinha on Sunday said disinvestment of the Life Insurance Corporation as ... Read more
GIC Re Revises Fire Premium Rates, To Impact Average Premium By 25 %
State-owned reinsurer General Insurance Corporation of India (GIC Re) has hiked the fire premium rates for all 291 occup... Read more
Sunil Mehta Takes Over As Chief Executive Of Indian Banks Association
Sunil Mehta has taken over as Chief Executive of Indian Banks’ Association from today. “He succeeds VG Kannan, who... Read more
Currencycloud Raises $80-million In Series E Funding Led By Visa, SAP Venture
London-based start-up to use funds to tap into Asian market; to open new office in Singapore. Read more
Cut In GST, Sops For Home Insurance Are Needed To Extend Reach
In view of the importance of insurance, the government can look at reduction in GST across insurance products. Currently... Read more
Policy Push A Must To Boost Social Security
And this needs an enabling framework to give the aam aadmi life, health cover Read more
ICICI Bank: Spurt In Net Profit Overshadowed By Spike In Slippages
Healthy growth in loans, core income are positives; but addition to stressed book, higher retail NPAs need a watch Read more
DBS Bank India Looks To Expand Footprint In India; Focus On SME, Retail Segments
DBS Bank India is looking to grow its presence in the country and is targeting to have its footprint in 15 States with a... Read more
IQuippo To Facilitate Loan Availability To Customers
iQuippo, the digital marketplace which was earlier focusing only on buying and selling of infrastructure equipment, is n... Read more
Waive Tax On Senior Citizens Savings Schemes Interest: SBI Report
The interest on the Senior Citizens Savings Scheme (SCSS) should be given full tax rebate as the revenue foregone by the... Read more
HDFC Bank To List Candidates For New MD, CEO By July-August
Says working to increase capacity for Internet and mobile banking Read more
Bank Unions Call Two-day Strike From January 31
The United Forum of Bank Unions (UFBU), which represents nine trade unions, has given a call for a two-day strike beginn... Read more