Business Standard
Net Interest margins dip on rise in cost of deposits; makes Rs 627 crore provision to AIF exposure
Private sector lender IDFC First Bank on Saturday reported an 18 per cent growth in net profit to Rs 716 crore in the third quarter ended December 31,
Indian lenders have been reporting double-digit loan growth consistently over the past few months owing to higher demand, but rising deposit costs hav
On a standalone basis, the net profit for the reporting period was up 7.62 per cent to Rs 3,005 crore, attributed to a sharp rise in provisions
According to the exchange filing, the product, which will be available from 22 January 2023, is a non-linked, non-participating, individual savings de
The Reserve Bank of India (RBI)'s announcement came a day after the Centre announced that all central government offices will be closed for half a day
Form 12BB, a key investment declaration document, can be used by the employees who fall under the taxable income bracket to claim deductions
About 61% of company founders in India expect the pace of hiring in 2024 to either be the same as last year or dip a bit, according to the 'India Star
This week we explain what a tax-saving investment must do and how to read the fine print of pension plans
The rupee fell 1 paisa to 83.14 against the US dollar in early trade on Friday amid heavy selling of equities by Foreign Institutional Investors (FIIs
Capital appreciation has overtaken lifestyle upgrades, as the primary motivation for real estate investment (44%), signalling a return of investors to
Last year, Wells Fargo also launched a fund in partnership with a private equity firm
ICICI Prudential Life Insurance on Thursday launched a new pension plan offering 100 per cent return at any stage of the policy, making it the industr
The rupee depreciated by 0.17 per cent in November. The RBI's net outstanding forward sales by the end of November stood at $11.9 billion, against $14
Retirement fund body EPFO has said it will no longer use Aadhaar as a valid document for proof of date of birth. In an official circular on January 1
Banks made these suggestions to industry body Fixed Income Money Market and Derivatives Association of India (FIMMDA) on Wednesday
Investment declaration refers to the formal disclosure made by an individual or organisation regarding their investment portfolio, holdings, or financ
The rupee closed at 83.1225 against the U.S. dollar, barely changed from its close at 83.1375 in the previous session
IMF Chief Kristalina Georgieva on Thursday said interest rates should keep falling in 2024 but cautioned that there is no room for any policy error as
The nation's largest lender State Bank of India has raised Rs 5,000 crore through its second Basel III compliant additional tier 1 (AT1) bond sale thi
