Banking & Finance

Yes Bank: CBI files case against realty firm, directors...

The CBI has booked Raghubir Kumar Sharma, Rajendra Kumar Mangal, Tapsi Mahajan, their companies Oyster Buildwell Pvt Ltd and Avantha...

Irdai remains headless amid raging pandemic

The Insurance Regulatory & Development Authority of India (Irdai) has turned headless after chairman S C Khuntia retired on May 6...

Indian banks' loans rose 5.7% y/y in two weeks to April...

Non-food credit fell by 366.74 billion rupees to 108.02 trillion rupees, while food credit rose by 86.36 billion rupees to 583.35...

COVID-19: Banks ready health booster shot

In a meeting with the finance ministry, large public sector banks discussed the possibility of making available credit online using...

Life insurers' new business premium up 45% at Rs 9,739...

The largest insurer, state-owned LIC posted 35.6 per cent rise in the first year premium or new business premium at Rs 4,856.76 crore...

CSB Bank charts branch expansion fuelled by gold loans

The bank will continue to add more branches as it changes character to pan Indian franchise from a Kerala based lender, CEO CVR Rajendran...

IDBI expects 2% of small borrowers to opt for recast

IDBI Bank exited RBIs prompt corrective action (PCA) framework after four years in March this year, posted profits of Rs 512 crore...

Microfinance firm CreditAccess Grameen net profit surges...

The spread of the second wave of Covid-19 pandemic has created challenges for every business. "We are anticipating the collections...

LIC relaxes claim settlement requirements

To address the difficulties experienced by policyholders in submitting documents required for claim settlement in the servicing branch,...

ICICI Lombard to give up to 2-month advance salary to COVID...

The individual can pay back the advance in 6 or 12 monthly instalments at a later date, the company said.

Best blue chip stocks to buy for long-term; check how to...

If you are looking to make big gains in blue chips over the next decade, then you need to look beyond the Sensex stocks.

How India is leading by example with its faceless E-assessment...

The most important aspect of new procedure is coverage of ‘Best judgement assessment’ in faceless Assessment Scheme.

What organisations need to build a digitally enabled and...

As the digital culture evolves, CFOs at some point in time will have to invest in hiring specialized individuals in the form of Data...

5 mistakes home loan applicants should avoid

Any wrong choice or decision made by a home loan borrower can reduce his chance of availing an optimum home loan and also affect future...

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