Finance

Bond Traders Seen Giving PM Modi A Pass On Wider Deficit

It turns out that bond traders in India can be forgiving of budget misses when the nation’s economic growth is threate... Read more

Australia Cuts Interest Rates Further

The bank is battling to extend a record 28-year-run without a recession against increasing headwinds -- including low wa... Read more

Airtel Payments Bank Partners With Bharti AXA Life To Offer Pure Term Insurance

Airtel Payments Bank has partnered with Bharti AXA Life Insurance to offer Bharti AXA Life POS Saral Jeevan Bima Yojana ... Read more

Assessment Of Firms: CBDT Wants AOs To Verify Partnership Deeds & Salary/income Of Partners

Move will ensure there is no under-reporting of tax liability Read more

DHFL Defaults On ₹225-crore Unsecured Commercial Papers

Troubled Dewan Housing Finance (DHFL) on Tuesday said it has defaulted on unsecured commercial paper of ₹225 crore and... Read more

YES Bank Bets On OD Portal To Push MSME Loans

YES Bank is targeting a disbursement of ₹100 crore during financial year 2019-20 through the bank’s MSME portal. The... Read more

ICICI Bank Eyes 20% Growth In Retail Loans In Kerala This Fiscal

Will rapidly step up disbursement of consumer and mortgage loans Read more

Acharyas Departure: RBI Union Moots Collegium To Select Central Bank Heads

The All India Reserve Bank Employees Association (AIRBEA) has expressed anguish over the ‘premature departure’ of Vi... Read more

Bond Rally At Risk On Delayed Cash Transfer From The Central Bank

Bond traders in the country are a worried lot as a six-week rally is coming to an end.An official said that a central ba... Read more

Bank Frauds Of Above Rs 1 Lakh On Decline : Finance Ministry

Comprehensive measures have been taken to tighten fraud prevention systems and deter perpetration of frauds in banks, sa... Read more

Govt, RBI Closely Monitoring Rupee Exchange Rate: Sitharaman

The government and the RBIare closely monitoring the rupee exchange rate against the dollar on an on-going basis, Financ... Read more

Gross NPAs Of Banks May Reduce To Eight Per Cent By March 2020: Report

NPA in the banking system had peaked at 11.5 per cent in March 2018 Read more

JM Financials Private Equity Fund To Invest Rs 40 Crore In Isthara Parks

Proceeds from the investment will support the expansion in existing markets Hyderabad, Bangalore and the NCR Read more

ICICI Bank Eyeing 20 Per Cent Growth In Retail Loan Disbursement In Kerala FY20

ICICI bank as disbursed loans to over 12,900 self help groups Read more

Open Raises Rs 210 Cr In Series B Round From Tiger Global

Bengaluru based, neo-banking start-up, Open, which offers a business banking service for SMEs and start-ups, has raised ... Read more