Shriram Finance unit raises $300 mn via 'first of its kind' social bonds The bonds, which come under the “social bonds” category and were issued to U.S. investors, were priced at a coupon of 5.85% late on Monday, inside the initial price guidance of around 6.15%

Poonawalla Fincorp announces appointment of Arvind Kapil as MD & CEO The current MD & CEO of the company, Abhay Bhutada, has been elevated to a group-level role

UDGAM Portal: Your one-stop shop for unclaimed deposits in India Discovering unclaimed wealth made easy – Everything you need to know about UDGAM portal

6 in 10 find hidden charges on online banking platforms, shows data The survey received over 44,000 responses from users of online banking located in 363 districts of India. Its findings are related to ‘dark patterns’

Rupee appreciates 2 paise to 82.84 against US dollar in early trade The rupee appreciated by 2 paise to trade at 82.84 against the US dollar in the opening session on Monday following foreign fund inflows. An uptick in crude oil prices and listless trade in domestic stocks capped rupee gains in opening trade, forex dealers said. The local currency ...

China's bank loans expanded at the slowest pace on record in February The stock of aggregate financing – a broad measure of credit – expanded just 9%, also near a record low

Audit plays catalytic role in promoting efficiency, effectiveness: CAG Comptroller and Auditor General of India (CAG) Girish Chandra Murmu on Friday said that the objectives of the audit are not merely to find out the deviations, non-compliance and fault finding in lawful decision-making but to promote efficiency and effectiveness also. Speaking at the SRCC Business Conclave here, the CAG said ...

RBI steps up scrutiny of retail lending, targets top-up home loans The scrutiny marks a change for the central bank, which recently said India’s credit expansion did not point to building systemic stress

Think beyond 80C: Last-minute tax-saving hacks for you Repaying the principal amount on your home loan comes with tax benefits. Every rupee you pay towards the principal reduces your taxable income.

Axis Bank stops redemption of credit card reward points earned by these customers; asks for proof of usages [ad_1] Axis Bank has suspended the reward points redemption for some of its Atlas credit card users. The bank claims that it suspects these credit card users carried out ‘commercial usage’. One of the affected customers Priyesh Sharma speaking exclusively to ET ...