Business Standard
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
Affordable housing finance company SMFG Grihashakti on Tuesday said it has secured Rs 300 crore funding from the National Housing Bank (NHB). This is
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
India was viewed favourably by major global corporations attending the recently concluded World Economic Forum (WEF) meet at Davos (Switzerland), a to
The cohort are betting on inclusion in global bond indexes to drive returns after the central bank doused speculation of an interest-rate cut
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.
This decline was primarily due to a fall in global inflows and an increase in the repatriation of equity capital
Ratings agency S&P said that the bank's better customer profile and underwriting compared to many Indian banking peers should also limit losses
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
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
With the inclusion, entities registered with the IFSC Authority will be able to provide these services to non-residents while operating from GIFT city
The government has expanded the scope of activities that can be undertaken at the International Financial Services Centre (IFSC) by including services
It has shown preference for the OFS route to avoid dilution of its equity capital base while increasing the public float of shares
Fifty per cent of the amount donated for renovation/repair of the Mandir to Shri Ram Trust is eligible for deduction under Section 80G.
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
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
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