Finance

TGB Q4 Net Profit Up 23%

Telangana Grameena Bank (TGB) has posted a 23 per cent increase in net profit at ₹43 crore in the financial year ended... Read more

Settle Cyclone Fani Claims Faster: IRDAI To Insurers

The Insurance Regulatory and Development Authority of India (IRDAI) has asked insurers to settle claims faster in the wa... Read more

NHB Gives Nod To DHFL To Divest Stake In Aadhar Housing Finance

Dewan Housing Finance Corporation Ltd (DHFL), on Tuesday, said the divestment of its stake in Aadhar Housing Finance Ltd... Read more

RBI Plans More Forex Swaps, Steps To Inject Cash Says Officials

These latest moves are expected to increase cash in the financial system Read more

Lenders Approve Patanjalis ₹ 4,325 Cr Bid For Ruchi Soya

In its first major acquisition, Yoga guru Baba Ramdev-led Patanjali Ayurved walked away with debt-ridden edible oil firm... Read more

Non-food Bank Credit Up 12 Per Cent In FY19: RBI

Non-food bank credit increased by a robust 12.3 per cent year-on-year (YOY) in March 2019, compared to an increase of 8.... Read more

Repo-link Effect: SBI Savings A/c Holders With Balance Above ₹1 Lakh To Get Lower Interest

Savings bank account holders in SBI having more than ₹1 lakh balance will earn a quarter percentage point less interes... Read more

IL&FS Mutual Fund Redeems ₹314-crore Debt Fund

The scheme is one of the eight schemes in the portfolio Read more

CBI Searches YSR Congress Candidates Premises In ₹ 947 Cr Loan Default Case

The CBI on Tuesday searched the residences and offices of YSR Congress candidate from Narsapuram, K Raghurama Krishnam R... Read more

Bharti AXA Ties Up With Wishfin To Offer Policies Via WhatsApp

This service option is an instant and additional customer service option for policyholders Read more

Dewan Housing Finance Pays ₹838 Crore To NCD Holders

DHFL said it paid ₹500 crore in principal and ₹338 crore in interest on four NCD series that matured on Tuesday Read more

Kotak Mahindra Bank Q4 Profit Up 25 Per Cent On Higher Interest Income

The lender has no exposure to Jet Airways and Anil Ambani-led Reliance firms: CEO Read more

Turbulence In Financial Sector May Eventually Impact The Real Economy: Uday Kotak

High concentration of NBFC players poses a challenge, says Uday Kotak Read more

Ujjivan Begins Chennai Operations

Ujjivan Small Finance Bank, a wholly-owned subsidiary of Ujjivan Financial Services, on Tuesday announced commencement o... Read more

Govt Notifies Taking Over Of NHB From RBI

The government has issued a notification taking over the National Housing Bank (NHB) after buying entire stake for Rs 1,... Read more