Economic Times
Kotak Mahindra Bank reported 8% YoY growth in net profit to Rs 3,005 crore for Q3 2023, due to provisioning towards alternative investment funds and l
Can Fin Homes, a mortgage lender promoted by Canara Bank, reported a 32% increase in net profit to Rs 200 crore for the quarter ending December 2023.
Policy researchers suggest using debt-to-income (DTI) limits and loan-to-value (LTV) ratios as effective macroprudential tools for retail loans. A stu
PhonePe has contributed to over 65% growth in two-wheeler digital insurance in India. It has facilitated over 75 million vehicle insurance quotes and
India's insurers have faced unique challenges in reviewing motor accident claims, including damage caused by stray dogs, falling coconuts, and elephan
HDFC Bank, India's largest private sector lender, is seeking approval for a banking license in Singapore. The bank aims to tap into the Indian diaspor
Apart from the deceleration in government spending, higher direct tax collections and a likely sharp rise in issuances of Treasury Bills by the Centre
Credit cards can be used to pay bills and for shopping both online and offline provided the total payment is within the credit limit provided by the i
HSBC had got its books and records audited for the period March 2007 to 2012. The auditor pointed out that HSBC had not paid service tax on the interc
Praveen A Kutty has been part of the DCB Bank leadership team for the past 16 years. He, alongside the current MD and CEO and management team, played
The government has exempted Indian Bank from the requirement to hold shares exceeding 30% in ASREC (India) Limited, an asset reconstruction company. T
The partnership is focused on providing loans to the Indian MSME sector which is one of the biggest contributors to India's GDP and employment growth.
The total premium income will more than double over the next decade (2024-34) from the present USD 224 billion, and insurance penetration will increas
The bank is in the process of launching a search since the Reserve Bank of India advised it to submit new names of new candidates responding to the ba
The maximum of 2002 accounts were frozen in Deoghar district, followed by 1,183 in Dhanbad and 959 in Ranchi, a CID official said.
The National Highways Authority of India (NHAI) has introduced the 'One Vehicle, One FASTag' initiative to improve the efficiency of the electronic to
The Central Bank of India has extended its festival offer until March 31 to boost its retail asset book. The bank is offering low interest rates, waiv
The central bank has imposed Rs 1 crore on state-owned Punjab & SInd Bank for violating lending rules. ESAF Small Finance Bank will have to pay Rs 30
Further, a fine of Rs 1 crore has been imposed on Punjab and Sind Bank for non-compliance with certain directions on 'Loans and Advances - Statutory a
HDFC Bank has distributed a million-plus cards with Tata Group’s super app Tata Neu and around 120,000 with foodtech major Swiggy, two people in the
