Finance

RBI Relaxes ECB End-use Policy To Boost Economy

In a bid to give a leg-up to the slowing economy, the Reserve Bank of India on Tuesday relaxed the end-use restrictions ... Read more

Tax Planning For This Year And Beyond

Tax planning for this year and going forward, with highlights from the TCJA. Read more

Cholamandalam Investment Q1 Net Profit Increases To ₹314 Cr

 Murugappa group-owned Cholamandalam Investment and Finance Company recorded a 10 per cent growth in net profit in the ... Read more

Union Bank To Cut MCLR By 5-20 Bps From Aug 1

Union Bank of India on Tuesday said it will reduce its Marginal Cost of funds-based Lending Rate (MCLR) by 5-20 basis po... Read more

Why SBI Slashing Deposit Rates, May Not Lead To Huge Cuts By Private Banks

Strong credit offtake and pressure on deposit growth could limit rate actions Read more

Karnataka Bank Does Not Have Exposure To Coffee Day Enterprises

Mangaluru, July 30 Karnataka Bank Ltd has said that it does not have any exposure to Coffee Day Enterprises Ltd.In a sta... Read more

Women Pay 18% More In Banking Fees Than Men: Survey

Survey of over 500,000 in US finds women pay $214 per year in fees Read more

Q1 Results: Bank Of Indias Net Profit Up 156% To Rs 243 Cr

Bank of India reported a 156 per cent jump in first quarter standalone net profit, on the back of robust growth in other... Read more

P Gopi Krishna Takes Over As Karnataka Vikas Grameena Bank Chairman

A native of Tenali in Andhra Pradesh, he carries with him an experience of 34 years in Syndicate Bank Read more

For Shadow Financing To Survive, Some NBFCs Will Have To Die

The Centre and the RBI should avoid any attempt to succour the NBFC sector with liquidity Read more

SBI Tightens Lending Norms For Auto Dealers

According to its internal memo, the bank is revising the lending terms due to growing stress in this sector since April ... Read more

Dont Let Dorm Room Hijinks Drag You Down Financially

Renters insurance can help protect young college students from being debt-dependent and parents from unexpected liabilit... Read more

RBIs Digital-district Idea Fraught With Challenges

The idea of digitally-enabled districts, to be facilitated by public sector banks, is timely but challenges are galore,... Read more

HDFC Life Q1 Net Up 12%

HDFC Life Insurance reported a near 12 per cent increase in net profit for the first quarter of the fiscal, led by robus... Read more