Finance

IndusInd Banks Q1 Net Advances Up 4%

IndusInd Bank reported a six per cent increase in deposits and a four per cent increase in net advances in the first qua... Read more

Aye Finance Raises ₹125 Crore From Germany-based Impact Investor

Aye Finance, a new-age non banking finance company, has raised over ₹125 crore in debt from Germany-based impact inves... Read more

Bus, Car Operators Seek Extension In Validity Of Motor Insurance

Amidst the Covid-19 led crisis, Bus and Car Operators Confederation of India has urged the insurance regulator IRDAI to ... Read more

KVB Ties Up With Star Health Insurance

Karur Vysya Bank has entered into an arrangement with Star Health and Allied Insurance Co to offer a wide range of healt... Read more

Agri Bad Loans Shoot Up For Banks In FY20 As Lending Targets Rise Sharply

Many lenders had sought to clean up and consolidate their agri book in the previous fiscal Read more

YES Bank Launches Instant Loan Disbursement Facility

Private sector lender YES Bank has launched a solution for instant disbursement of retail loans for the bank’s pre-app... Read more

Bharti Airtel, Vodafone Idea To Register Fall In Wireless Revenues In Q1: Emkay

Impacted by the nationwide lockdown, wireless revenues for Bharti Airtel and Vodafone Idea Ltd (VIL) will register a fal... Read more

DRDO To Set Up Research Cell At IIT Hyderabad

The Defence Research and Development Organisation (DRDO) is going to establish a research cell at Indian Institute of Te... Read more

IndusInd Bank Net Advances Up 4% In Q1

The IndusInd Bank scrip gained over 3 per cent on the BSE on Monday after the private sector lender reported a 6 per cen... Read more

Covid Will Lead To Additional ₹1.67-lakh Crore Of Debt From Top-500 Debt-heavy Private Sector Borrowers: India Ratings

The proportion of stressed debt of the top-500 debt-heavy private sector borrowers could jump to 18.21 per cent to 20.84... Read more

SBM Bank India, Mastercard To Speed Up Cross Border Transactions, Remittances

Government of Mauritius-promoted SBM Bank India and global payments technology major Mastercard have joined hands to fac... Read more

Businesses Opt For Gold Loans To Tide Over Covid-induced Liquidity Crunch

Gold prices are hitting the roof, and so is the demand for gold loans. With individuals and small businesses facing liqu... Read more

Value Is Available Across Market Caps In The Market: Union AMC

Large-cap stocks seem to be attractively priced, says CEO G Pradeepkumar Read more

Spike In Provisioning Drives Edelweiss Financial Services To ₹2,282-crore Q4 Loss

Edelweiss Financial Services reported a net loss of ₹2,281.55 crore in the fourth quarter of 2019-20 with a sharp rise... Read more

ICICI Bank Board To Meet On July 8 To Discuss Fund Raising Through Equities

Amidst continuing economic uncertainty, the board of directors of ICICI Bank will be meeting on July 8 to discuss fund r... Read more