RBI reconstitutes 'committee of advisors' of Abhyudaya Cooperative Bank In November last year, RBI had superseded the Board of Directors of Abhyudaya Cooperative Bank for one year citing poor governance standards
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General insurance premium up 13% till February in FY24, shows data
General insurance premium up 13% till February in FY24, shows data However, due to higher base, the growth in health insurance policies have moderated in the period under review to 20 per cent from nearly 24 per cent in the corresponding year ago period
Read More »Fund review: ICICI Pru Bluechip Fund
Fund review: ICICI Pru Bluechip Fund Fund review: ICICI Pru Bluechip Fund
Read More »Rupee depreciates 5 paise to 82.86 against US dollar in early trade
Rupee depreciates 5 paise to 82.86 against US dollar in early trade The rupee depreciated 5 paise to 82.86 against the US dollar in early trade on Thursday, tracking a negative trend in domestic equities. Forex traders said the strength of the American currency, foreign fund outflows, and elevated crude oil prices in the international market dented investors’ sentiments. At ...
Read More »Rupee depreciates 5 paise to 82.85 against US dollar in early trade
Rupee depreciates 5 paise to 82.85 against US dollar in early trade The rupee depreciated 5 paise to 82.85 against the US dollar in early trade on Wednesday, as the strength of the American currency in the international market and elevated crude oil prices dented investors’ sentiment. Forex traders said the rupee is expected to trade with a slight negative ...
Read More »Government allows RBI to import gold without paying import levies
Government allows RBI to import gold without paying import levies As of September 2023, the Reserve Bank of India held 800.79 metric tonnes of gold, including gold deposits of 39.89 tonnes
Read More »As Rupee appreciates, importers take advantage of unexpected up move
As Rupee appreciates, importers take advantage of unexpected up move The rupee has been in a narrow 3 paisa range, having reached a more than six-month high on Monday
Read More »Fintechs lead small-ticket loans' volume with 77% market share: Report
Fintechs lead small-ticket loans' volume with 77% market share: Report Fintechs accounted for 50% of the loan volumes disbursed with a ticket size less than Rs 1,00,000 in FY18
Read More »Toyota Innova’s airbag failed to open in an accident, car owner to get Rs 32.07 lakh or a new vehicle, orders NCDRC
Toyota Innova’s airbag failed to open in an accident, car owner to get Rs 32.07 lakh or a new vehicle, orders NCDRC [ad_1] The National Consumer Disputes Redressal Commission (NCDRC) has held in a recent case that a Toyota Innova car, which was sold to Sunil Reddy, was defective. The front airbag(s) of the car did not open at the ...
Read More »Sidbi secures first green climate fund project worth $120 million
Sidbi secures first green climate fund project worth $120 million Development bank Sidbi on Monday said it has secured approval from the Green Climate Fund (GCF) for its first anchored project, Avaana Sustainability Fund (ASF), valued at USD 120 million. The closure was announced at the 38th board meeting of the GCF, which will invest USD 24.5 million in the ...
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