8:10 PM
Blogger
6:47 PM
Blogger
In a circular dated April January 24, 2020, the Insurance Regulatory and Development Authority of India (IRDAI) said insurers can offer the 'Arogya Sanjeevani Policy' - the standard health insurance policy before April 1, 2020.
5:51 PM
Blogger
5:51 PM
Blogger
5:40 PM
Blogger
4:52 PM
Blogger
Private sector lender ICICI Bank on Saturday reported a 158 per cent jump in its standalone net profit at Rs 4,146.46 crore for the third quarter ended December 2019. It had registered a net profit of Rs 1,604.91 crore in the October-December period a year ago, ICICI Bank said in a BSE filing.
4:10 PM
Blogger
2:10 PM
Blogger
1:40 PM
Blogger
12:52 PM
Blogger
To fight the rising menace of online fraud by cyber crooks resulting in consumers losing money, Paytm Payments Bank — which houses the Paytm e-wallet — has handed over 3,500 numbers to the Telecom Regulatory Authority of India, the ministry of home affairs and CERT-In, the cybersecurity agency.
10:52 AM
Blogger
Reserve Bank of India governor Shaktikanta Das on Friday called for structural reforms and fiscal measures to activate growth, saying monetary policy has its limits. Das said that states should also play an important role by enhancing capital expenditure which has high multiplier effect. His comments come days ahead of the Union Budget on February 1.
8:51 AM
Blogger
3:06 AM
Blogger
2:06 AM
Blogger
1:06 AM
Blogger
1:06 AM
Blogger
12:06 AM
Blogger
12:06 AM
Blogger
12:06 AM
Blogger
11:06 PM
Blogger
11:06 PM
Blogger
11:06 PM
Blogger
10:06 PM
Blogger
He said that the focus on price stability as the sole objective of monetary policy has been questioned after the global financial crisis, underscoring the need for adopting a flexible inflation target to achieve macro-financial stability. “In this milieu, financial stability has emerged as another key consideration for monetary policy."
9:40 PM
Blogger
9:10 PM
Blogger
9:10 PM
Blogger
9:10 PM
Blogger
7:40 PM
Blogger
7:06 PM
Blogger
HDFC Equity Fund – A Multi cap fund with history of 25 years It is extremely difficult for an average investor to understand the valuations of large -, mid- ...
6:36 PM
Blogger
Imagine that you have planned a trip for a few days. But before you leave, you make sure all your valuable things, which you are not going to need for the ne...
2:40 PM
Blogger
2:36 PM
Blogger
2:36 PM
Blogger
1:36 PM
Blogger
Bank unions have called for a two-day nationwide strike on January 31 and February 1 after talks over wage revision failed to make headway with the Indian Banks' Association (IBA). SBI said its operations might get affected somewhat due to strikes however it assured normal functioning in its branches and offices.
11:40 AM
Blogger
9:40 PM
Blogger
9:40 PM
Blogger
9:10 PM
Blogger
8:40 PM
Blogger
8:40 PM
Blogger
8:40 PM
Blogger
8:40 PM
Blogger
7:36 PM
Blogger
7:36 PM
Blogger
6:40 PM
Blogger
5:40 PM
Blogger
4:28 PM
Blogger
Market benchmark sensex rose by 271 points on Thursday on the back of gains in index heavyweights Infosys, L&T, ICICI Bank and SBI, despite massive a selloff in global equities.
3:06 PM
Blogger
The board's decision to recruit a global head-hunting firm comes as a six-member internal search committee, appointed in November last year, has not been able to reach a consensus on selecting a successor to Puri.
1:40 PM
Blogger
12:06 PM
Blogger
Investors are constantly looking for efficient tax saving investment schemes which can help them earn some extra income too. If you have an appetite for risk...
12:06 PM
Blogger
All businessmen as well as working professionals want to save as much tax as possible. That’s because the tax is an expenditure just like any other expense, ...
11:36 AM
Blogger
The unlisted Shriram Capital, which counts billionaire Ajay Piramal and private equity firm TPG Capital as investors, was planning to combine with its publicly traded units Shriram Transport Finance Co. and Shriram City Union Finance Ltd.
10:40 AM
Blogger
10:36 AM
Blogger
10:36 AM
Blogger
10:36 AM
Blogger
9:40 AM
Blogger
8:06 AM
Blogger
The central bank, through senior advocate Shyam Divan, argued that though there was no formal ban on cryptocurrencies under any law in existence in India, it had consistently been warning all those dealing with virtual currencies of the risks inherent in them.
12:06 AM
Blogger
9:40 PM
Blogger
9:40 PM
Blogger
9:40 PM
Blogger
9:40 PM
Blogger
9:10 PM
Blogger
8:10 PM
Blogger
6:40 PM
Blogger
5:58 PM
Blogger
Private sector lender Axis Bank on Wednesday reported a 4.5 per cent year-on-year jump in net profit at Rs 1,757 crore for the third quarter ended December 2019. The company had posted a net profit of Rs 1,680.85 crore in the corresponding quarter last year.
5:40 PM
Blogger
5:40 PM
Blogger
5:10 PM
Blogger
5:10 PM
Blogger
5:06 PM
Blogger
When you invest your hard-earned money in the equity market, there are chances that you might lose some of it. But if you choose your investment wisely and i...
5:06 PM
Blogger
Western Union has teamed up with two Bharti Airtel arms -- Airtel Payments Bank and Airtel Africa Plc -- to launch real-time payments shortly into millions of Airtel Payments Bank accounts in India and mobile wallets across 14 countries in Africa. The service launch is expected in the course of calender 2020, Airtel said.
4:36 PM
Blogger
Salaried individuals sometimes may end up paying too much tax. A lot of people spend their hard-earned money paying taxes because they are unaware of income ...
10:06 AM
Blogger
The CII has also sought a separate classification for systematically important NBFCs with such companies being given easier funding through External Commercial Borrowings (ECBs) and access to temporary funding from the RBI similar to the repo facility used by banks.
9:36 AM
Blogger
Pine Labs reported total revenue of Rs 503.2 crore in FY19, up from Rs 336.1 crore in the previous fiscal. Losses widened to Rs 13.7 crore in the 12 months ended March 2019 from Rs 2.5 crore in the previous financial year, according to paper.vc.
9:36 AM
Blogger
Bogus claims are as old as the industry itself. Despite insurers’ best efforts, fraudsters have been mostly ahead of them. But with the rise in data analytics and rigorous checks, the industry at last appears to be close to eliminating such malpractices.
9:36 AM
Blogger
Many PE funds and FPIs that had invested in India through Mauritius and Singapore had got a grandfathering benefit whereby they were allowed to pay lower taxes if they had invested before the bilateral tax treaties were amended.
8:06 AM
Blogger
Bringing entities on the basis of inter-connectedness or common assets into the group resolution framework may face challenges and lead banks to classify standard accounts as NPAs, dragging standard cases into insolvency because of non-recovery of dues after insolvency resolution.
5:53 PM
Blogger
5:53 PM
Blogger
5:53 PM
Blogger
4:59 PM
Blogger
Most of us think that asking questions portray lack of knowledge and ignorance, but what it actually shows in curiousness and the eagerness to learn. How man...
4:10 PM
Blogger
The Reserve Bank of India (RBI) on Tuesday said it has cancelled the Certificate of Authorisation (CoA) of Vodafone m-pesa on account of voluntary surrender of authorisation.
3:53 PM
Blogger
3:29 PM
Blogger
The service can be used for self-withdrawal when customers do not wish to carry the debit card. The daily transaction limit as well as per transaction limit is set at Rs 20,000
3:23 PM
Blogger
2:59 PM
Blogger
In the last three months, lenders have hired agencies in Gammon, Altico, JBF Industries, Suzlon and HCC to track end use of funds. Lead banks are hiring monitoring agencies in accounts having exposure of more than Rs 250 crore.
2:53 PM
Blogger
2:23 PM
Blogger
2:23 PM
Blogger
12:41 PM
Blogger
12:41 PM
Blogger
12:41 PM
Blogger
12:41 PM
Blogger
12:41 PM
Blogger
10:40 AM
Blogger
The Reserve Bank of India (RBI) will henceforth adopt crore instead of billion while presenting numbers in its balance sheet, income statement and weekly statement of affairs.
10:23 AM
Blogger
10:10 AM
Blogger
Flipkart co-founder Sachin Bansal has said that he will deploy all the proceeds from the sale of his stake in the e-commerce player into his financial services venture Navi Technologies, which has applied for a universal banking licence with the Reserve Bank of India (RBI). Bansal could likely invest $400-450 million in the new venture.
8:59 AM
Blogger
The central bank said this in a response to a petition filed by the Internet and Mobile Association of India (IAMAI), which wanted it to reconsider a 2018 circular directing regulated entities not to deal in cryptocurrencies. RBI said it had not banned crypto but only ringfenced regulated entities like banks from risks associated.
7:59 AM
Blogger
These companies have urged the Centre to nudge banks to compensate “a minimum of 0.25% of the transaction amount for all the UPI and RuPay, Person to Merchant (P2M) transactions” for sustained service and ecosystem expansion in the absence of any clear revenue model.
7:59 AM
Blogger
Sanjiv Chadha, who is at present Deputy Managing Director in State Bank of India, has been appointed to the new post for a period of three years, the order said. Lingam Venkata Prabhakar, Executive Director in Punjab National Bank, will be MD and CEO in Canara Bank, it said.
2:41 AM
Blogger
11:59 PM
Blogger
The move comes after a slew of regulatory changes by the RBI following the Rs 4,500-crore PMC Bank fraud and to ensure better regulation of such lenders which are heavily influenced by regional political heavyweights. NICB shareholders will now be approaching the RBI and Central Registrar of Societies for further action, the bank said.
11:59 PM
Blogger
"The board met today and cleared it. The board also discussed about operational integration," West Bengal State General Insurance Employees Association general secretary Tapan Mitra told . Attempts to contact NIC officials did not materialise.
9:53 PM
Blogger
9:53 PM
Blogger
9:53 PM
Blogger
8:59 PM
Blogger
The Appointments Committee of the Cabinet has approved the proposal of the Department of the Financial Services for the appointment of Setty, currently serving as the deputy managing director of the SBI, in the key post.
8:53 PM
Blogger
8:53 PM
Blogger
7:23 PM
Blogger
6:53 PM
Blogger
5:23 PM
Blogger
4:23 PM
Blogger
4:23 PM
Blogger
3:23 PM
Blogger
2:59 PM
Blogger
For Sood, this will be his second innings at RBS, where he is returning to lead India operations after a nearly two-year gap. In his new role, he will build the organisation’s strategic capabilities, supporting the bank to achieve its goals.
10:53 AM
Blogger
8:29 AM
Blogger
ICICI Lombard is launching the “floater” policy option that will allow customers to optimise their sum insured, since they will not be driving two vehicles at the same time.
7:59 AM
Blogger
The options that have been deliberated ahead of the February 1 budget include a plan akin to the Troubled Asset Relief Program (TARP) that the US put in place after the subprime mortgage crisis that sparked the financial crisis of 2007-08. Funding for such a structure could come from residual stakes in the Special Undertaking of Unit Trust of India.
11:41 PM
Blogger
8:53 PM
Blogger
7:53 PM
Blogger
5:23 PM
Blogger
4:23 PM
Blogger
4:23 PM
Blogger
3:11 PM
Blogger
2:53 PM
Blogger
5:47 AM
Blogger
RSS Feed
Twitter
