Finance

Rupee Hits Six-month Low Of 71.40. What Next?

The Indian rupee opened with a gap down at 71.16 and ended the day lower at 71.40, the lowest closing level in past six ... Read more

Deposit Rates Are Falling. What Should You Do

You can still earn decent returns by following these 5 mantras Read more

Aditya Birla Health Insurance And Axis Bank Ink Bancassurance Pact

Aditya Birla Health Insurance (ABHI), a stand-alone health insurer, has entered into a bancassurance partnership with Ax... Read more

Explore PPP Model In PSBs

The government could explore the public-private partnership (PPP) arrangement for public sector banks, by inducting a pr... Read more

Govt Must Set Clear Objectives, Mandates For PSBs

Lenders must fully comply with disclosure and transparency norms and their boards need to function independently, says U... Read more

India Never Sold Foreign Debt. Its First Attempt Is Failing

Opponents to the issue say it may increase reliance on foreign borrowing Read more

DHFL Assures Lenders Of Zero Haircut On The Principal Under Resolution Plan

Company in talks for new auditor; no clarity on Q1 results Read more

Now, Govt Wants To Freeze Accounts Of IL&FS Auditors, 21 Others

Ministry of Corporate Affairs moves NCLT Read more

Indiabulls Housing Profit Drops 40 Per Cent At Rs 579 Crore

IBHFL’s loan assets declined 10 per cent y-o-y to Rs 1,13,189 crore Read more

PNB Housing Finance Raises $75 Million

PNB Housing Finance (PNBHFL) has raised $75 million external commercial borrowing (ECB) from Sumitomo Mitsui Banking Cor... Read more

Central Bank Of India Back In Black With Rs 118 Crore Q1 Profit

Net interest income was up 7 per cent y-o-y at Rs 1,790 crore Read more

LVB Loss Widens To Rs 237 Cr In Q1 On Rise In Provisioning

Provisions and contingencies increased to Rs 212 crore Read more

Higher Provisioning Weighs On Earnings Of Axis Bank

While the lender’s stable bad loans is a positive sign, higher slippages and write-offs need to be watched Read more

DHFL Defaults On NCDs

Cash-strapped Dewan Housing Finance Corporation Ltd (DHFL) on Tuesday said it has defaulted on five-year secured non-con... Read more

East And North-East, Banking On UBI

The odyssey of Comilla Banking Corporation (1914), which metamorphosed into United Bank of India (1950) with the amalgam... Read more