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
DHFL Defaults On Repayment Of NCDs Worth ₹50 Crore
Distressed Dewan Housing Finance Corporation Ltd (DHFL) has defaulted on payment for a principal amount of ₹50 crore o... Read more
DHFL Defaults On NCD Repayments Of ₹50 Cr
Says it can’t pay due to moratorium restrictions Read more
Federal Bank Total Deposits Up 17%, Gross Advances Rise 8% In Q1 FY 21
Private sector lender Federal Bank reported a 17 per cent increase in its total deposits in the first quarter of 2020-21... Read more
HDFC Bank Q1 Deposits Rise 25%, Advances Up 21%
Private sector lender HDFC Bank reported a 25 per cent increase in its deposits in the first quarter of the fiscal along... Read more
Union Bank To Offer Insurance Products After Merger With Andhra Bank And Corporation Bank
Following the amalgamation of Andhra Bank and Corporation Bank with Union Bank of India (UBI) with effect from April 1, ... Read more
Job Losses, Pay Cuts Impact? Bank Deposits Sink ₹74,727 Cr As Of June 19
Either people are dipping into savings or diversifying into MFs and stocks Read more
Swiggy Ties Up With ICICI Bank To Launch Digital Wallet
‘Swiggy Money’ helps customers hassle-free payment for food orders Read more
Axis Bank Board To Meet On July 2 To Explore Fund Raising
The board of directors of private sector lender Axis Bank will meet on July 2 to look at fund-raising plans.While the ba... Read more
Covid-19 Fallout: Insurance Plans With OPD Component Covering Mental Illnesses To See Spike In Demand
Insurance plans with specific OPD component covering mental illnesses is likely to witness a rise with the Covid-19 pand... Read more