LICs Micro Bachat, A Protection And Savings Plan For The Low-income Group
Life Insurance Corporation of India (LIC) launched a new plan ‘Micro Bachat’ in February this year. This is the firs... Read more
Yes Banks Balance Sheet Clean-up To Strain Profitability In Next 12-18 Months: Moodys
The bank is profitable on a full-year basis, with a return on assets of 0.5 per cent as of March 31, 2019, as against 1.... Read more
Two-wheeler Insurance Via WhatsApp: Bharti AXA Ties Up With Wishfin
Bharti AXA General Insurance, a private non-life insurer, has tied up with financial marketplace Wishfin’s insurance a... Read more
Standard Chartered Plans $1 Billion Buyback
Shares rallied as much as 7.2 per cent, the biggest intraday gain in nearly three years Read more
RBI Receives $18.65-billion Bid For Second Forex Swap Auction
Central bank plans to conduct OMO of ₹25,000 crore in May Read more
Insurer Chola MS Registers Premium Of ₹4,428 Cr In FY19
Cholamandalam MS General Insurance Company (Chola MS), a joint venture between Murugappa Group and Mitsui Sumitomo Insur... Read more
A Rise In Demand For Insolvency Courses
The rise in instances of companies undergoing restructuring and resolution under the Insolvency and Bankruptcy Code seem... Read more
Mudra Loans Miss Target By ₹27,000 Crore In FY19
Small business loans disbursed under the Pradhan Mantri Mudra Yojana (PMMY) have fallen short of the target set for 201... Read more
Micro Finance Sector To Grow Up To 22% In FY20: ICRA
The micro finance industry is on the path of recovery and is likely to see a growth of 20-22 per cent in 2019-20 despite... Read more
Aye Finance Reaches ₹1,000 Cr In AUM
Aye Finance, a CapitalG-backed fintech lender to the MSMEs said on Tuesday that it had reached ₹1,000 crore Asset Unde... Read more
Aegon Life, MobiKwik Join Hands For ₹20 Digital Insurance Product
Aegon Life Insurance has tied up with MobiKwik for a ₹20 digital insurance product. Available only on the MobiKwik App... Read more
Allahabad Bank Authorised Capital Raised To ₹8,000 Cr
State-owned Allahabad Bank said on Tuesday the government has increased its authorised capital by ₹ 5,000 crore to ₹... Read more
Suryoday Small Finance Bank Starts Operations In Hyderabad
Maharashtra-based Suryoday Small Finance Bank (SSFB) launched its operations here on Tuesday with the inauguration of it... Read more
Indian Junk Bonds Make A Comeback, Issuance Soars
Sales of Indian junk bonds have made a big comeback in 2019, almost tripling to hit a five-year high, boosted by a risk-... Read more
India Inc Forex Borrowing To Pick Up Pace In FY20: Ind-Ra
If foreign portfolio investment inflows continue and hedging costs remain subdued by way of the Reserve Bank of India’... Read more