Business Standard
The Allahabad High Court has observed that the Reserve Bank of India has been a "mute spectator" while banks are imposing arbitrarily high interest ra
1706028343 Economy - 10 months ago
The Competition Commission of India (CCI) has approved the merger of Fincare Small Finance Bank with AU Small Finance Bank, as per an exchange filing
1706026442 Economy - 10 months ago
Private sector lender Karnataka Bank on Tuesday reported a 10 per cent rise in net profit to Rs 331 crore for the third quarter ended December 2023.
1706020050 Economy - 10 months ago
The central bank in its draft framework had said that the industry needs to answer the question of how an SRO-FT would create incentives for membershi
1706017535 Economy - 10 months ago
Affordable housing finance company SMFG Grihashakti on Tuesday said it has secured Rs 300 crore funding from the National Housing Bank (NHB). This is
1706013347 Economy - 10 months ago
Gold loan company Indel Money, which aims at initial public offering (IPO) in 2026-27, on Tuesday announced public issue of debentures worth Rs 200 cr
1706010751 Economy - 10 months ago
India was viewed favourably by major global corporations attending the recently concluded World Economic Forum (WEF) meet at Davos (Switzerland), a to
1706008363 Economy - 10 months ago
The cohort are betting on inclusion in global bond indexes to drive returns after the central bank doused speculation of an interest-rate cut
1705994859 Economy - 10 months ago
The rupee depreciated 6 paise to 83.13 against the US dollar in the morning session, amid elevated crude oil prices and dollar demand from importers.
1705986453 Economy - 10 months ago
This decline was primarily due to a fall in global inflows and an increase in the repatriation of equity capital
1705984438 Economy - 10 months ago
Ratings agency S&P said that the bank's better customer profile and underwriting compared to many Indian banking peers should also limit losses
1705983991 Economy - 10 months ago
Generally, high-end credit cards from Amex and HDFC come with travel Insurance inbuilt where they have partnered with the insurers and cover the same
1705983840 Economy - 10 months ago
Rule 9 of the Customs and Central Excise Duties Drawback Rules, 2017 and proviso at Para 2(1)(b) of notification no.76/2001-Cus (NT) dated 23rd Septem
1705948220 Economy - 10 months ago
With the inclusion, entities registered with the IFSC Authority will be able to provide these services to non-residents while operating from GIFT city
1705946649 Economy - 10 months ago
The government has expanded the scope of activities that can be undertaken at the International Financial Services Centre (IFSC) by including services
1705937061 Economy - 10 months ago
It has shown preference for the OFS route to avoid dilution of its equity capital base while increasing the public float of shares
1705930229 Economy - 10 months ago
Fifty per cent of the amount donated for renovation/repair of the Mandir to Shri Ram Trust is eligible for deduction under Section 80G.
1705909265 Economy - 10 months ago
J&K Bank on Saturday reported a 35 per cent rise in net profit to Rs 421 crore in the third quarter ended on December 2023 on the back of a decline in
1705757662 Economy - 10 months ago
The Net Interest Income (NII) of the bank grew by 6.26 per cent to Rs 9,168 crore from Rs 8,628 crore. Other income increased by nearly 15.4 per cent
1705756470 Economy - 10 months ago
Net Interest margins dip on rise in cost of deposits; makes Rs 627 crore provision to AIF exposure
1705756369 Economy - 10 months ago
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