A Day After Modi Was Re-elected Foreign Funds Bought Indian Bonds
Global investors piled a net $216.3 million into Indian bonds on Friday, the day after Prime Minister Narendra Modi’s ... Read more
Auxilo Finserve Enters Gujarat With Finance Of Rs 100 Crore In Education
It offers loans that cover up to 100 per cent of the financing for pre-admission requirements, tuition fees, pre-visa di... Read more
PNB Back In Red, Reports Q4 Net Loss Of Rs 4,750 Cr
After staging a turnaround in third quarter, Punjab National Bank (PNB) on Tuesday returned to red with net loss of Rs... Read more
IFC To Invest $35 Mn In Manappuram Finance
International Finance Corporation (IFC), a sister organisation of the World Bank Group, will invest $35 million in Manap... Read more
Customers May Go Easy On Policy Renewals
IRDAI move unlikely to affect auto sales Read more
ICRA Downgrades Long-termratings Of IDFC First Bank
Rating agency ICRA, on Tuesday, downgraded the long-term ratings of IDFC First Bank after the lender posted weak resul... Read more
Corpus Fund For Insolvency Resolution Cannot Be Attached By Any Authority
The corpus fund arranged by the Committee of Creditors under the National Company Law Tribunal’s (NCLT) directions tow... Read more
RBI To Create Regulatory Cadre To Monitor Banks
The board of directors of the Reserve Bank of India (RBI) has decided to create a specialised supervisory and regulatory... Read more
How IOB Notched Up Record Profit
Indian Overseas Bank (IOB) recorded the highest gross profit of ₹5,034 crore in FY2018-19 as the result of various i... Read more
Homeowners, Small Businesses Can Look Forward To Cheaper Insurance Cover Soon
IRDAI panel moots changes in view of recent losses due to natural calamities Read more
Muthoot Finance Eyes Rs 750-1,000 Crore Disbursement In Salaried Personal Loans In Next One Year
Also launches‘salaried personal loans’ product in NCR through its 282 branches and other channel partners Read more
Arthur J. Gallagher To Acquire Minority Stake In Edelweiss Insurance Brokers
Arthur J. Gallagher & Co (AJG), a global insurance brokerage and risk management services firm, will acquire a minor... Read more
SEBI, IRDAI Set Up Regulatory Sandbox For Fintech Innovations
After the Reserve Bank of India released a draft framework for setting up a regulatory sandbox (RS) for fintech players ... Read more
Sundaram Home To Raise Over Rs 4,000 Cr In FY20, Posts Rs 145 Cr Net In FY19
Sundaram BNP Paribas Home Finance plans to raise more than Rs 4,000 crore during this fiscal to support its growth plans... Read more
Got A ₹2.5 Note? It Could Fetch You ₹5 Lakh
Collectors of vintage currencies, rare legal tender are hitting pay dirt Read more