Economic Times
Rajib Kumar Mishra ceased to be chairman of PTC India Financial Services Ltd (PFS) and CMD of PTC India Ltd following an order by Sebi. Mishra held of
1718282727 Companies - 5 months ago
The $5-billion Catalytic Transition Fund (CTF) managed by Brookfield Asset Management receives a $1-billion commitment from UAE's Alterra Management L
1718281613 Companies - 5 months ago
India Inc looking for credit to fund capex, corporate loan worth Rs 5 lakh cr in pipeline: SBI Chief
SBI Chairman Khara stated a growing demand for credit from corporates, with Rs 5 lakh crore loans in the pipeline, signaling a shift towards seeking c
1718273476 Companies - 5 months ago
CAMS Insurance Repository Services (CAMSRep) introduced 'Bima Central,' an insurance portfolio management platform aimed at simplifying policy managem
1718269333 Companies - 5 months ago
The Financial Intelligence Unit has fined Axis Bank over Rs 1.66 crore for failure to detect and report suspicious transactions involving a fraudulent
1718185941 Companies - 6 months ago
The Reserve Bank of India faced a technical glitch in the ASISO facility, impacting funds visibility. Daily money market operations data publication w
1718183586 Companies - 6 months ago
In Ahmedabad, scorching temperatures above 43C for a week left laborers like Lataben Makwana facing deadly conditions. A program by ICICI Lombard prov
1718183380 Companies - 6 months ago
Deposit growth had fallen from a peak of 18% in fiscal ended March 2020 to 10% in March 2022 as savers looked for better returns after a sharp fall in
1718130372 Companies - 6 months ago
Irdai stated that general insurance companies cannot reject claims for lack of documents, introducing reforms in the business with a new master circul
1718121079 Companies - 6 months ago
The Microfinance sector's portfolio outstanding reached Rs 442.7k crore, rising 26.8% in FY' 2023-24. Personal loans grew the second fastest at 38.3%,
1718120812 Companies - 6 months ago
Shriram Life Insurance has declared a bonus of Rs 201 crore for the financial year ending March 31, 2024, due to a 35% increase in premium income. The
1718107615 Companies - 6 months ago
Star Health & Allied Insurance in Chennai may raise prices by up to 15% for Senior Citizens Red Carpet Health Insurance Policy and Young Star Health P
1718107418 Companies - 6 months ago
NCLAT issues notice to ICICI Bank over Jaiprakash Associates Ltd's one-time settlement proposal, opposed by creditors. JAL aims to pay debt of over Rs
1718099415 Companies - 6 months ago
State Bank of India (SBI) has introduced SME Digital Business Loans, using data from income tax, GST returns, and bank statements for rapid credit ass
1718098297 Companies - 6 months ago
State Bank of India, the country's largest lender, has approved raising up to $3 billion via debt in the current financial year. The funds will be rai
1718094723 Companies - 6 months ago
Veteran armed forces member and MyGate founder Vijay Arisetty has been appointed as founder and CEO of Aurm, an asset protection firm in Mumbai. Arise
1718089566 Companies - 6 months ago
The Finance Industry Development Council (FIDC) has urged the Reserve Bank of India (RBI) to reconsider and clarify certain proposals in its recent dr
1718087693 Companies - 6 months ago
The Reserve Bank of India has declined the reappointment of RK Bansal as MD and CEO of Edelweiss Asset Reconstruction (ARC), citing regulatory lapses
1718081849 Companies - 6 months ago
Banks' deposit growth in FY24 was well below the rise in credit, forcing them to meet the funding gap through higher-cost Certificates of Deposit (CDs
1718064000 Companies - 6 months ago
"We believe a likely surge in rural credit demand, higher affordability and government push toward financial inclusion with ease of regulations in the
1718045359 Companies - 6 months ago