Banks tighten rules around lending money to airlines after Go Air crisis Repeated company failures dent the entire aviation industry’s creditworthiness, the chief financial officer of an airline said
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RBI board expected to consider dividend payout to government on Friday
RBI board expected to consider dividend payout to government on Friday Suzuki Motorcycle ties up with Standard Chartered to give funds to dealers India set to post BoP deficit for 2nd straight yr: Standard Chartered Bank First Abu Dhabi Bank PJSC explored offer for Standard Chartered $100 mn repaid to Standard Chartered Bank, encumbrance released: Vedanta Vedanta dividend: Decision on ...
Read More »In buying term cover for women, compare premiums across insurers
In buying term cover for women, compare premiums across insurers Term insurance is a safety net for the financial stability of a family in the event of the breadwinner’s early demise. As roles and responsibilities shift, working women are increasingly playing the part of breadwinners. Even though they don’t earn, homemakers, too, bring substantial value to their households through their ...
Read More »HDFC to raise up to Rs 8,000 cr through bonds, will offer 7.7% per annum
HDFC to raise up to Rs 8,000 cr through bonds, will offer 7.7% per annum Mortgage lender HDFC will raise up to Rs 8,000 crore by issuing bonds on a private placement basis to shore up its resources. The unsecured redeemable non-convertible debentures (NCDs) issue will have a base size of Rs 3,000 crore with an option to ...
Read More »Karur Vysya Bank Q4 net profit up 59% at Rs 338 cr, deposits up 12%
Karur Vysya Bank Q4 net profit up 59% at Rs 338 cr, deposits up 12% Karur Vysya Bank Q4 results: Net profit rises 58.6% to Rs 338 crore From Adani Wilmar to Havells India: Q4 results to watch out for today Tamil Nadu says won’t transfer land ownership to AAI for Coimbatore airport Tamil Nadu revenue deficit down 52%, says ...
Read More »ICICI Prudential Life Insurance launches new debt fund for long-term
ICICI Prudential Life Insurance launches new debt fund for long-term New tax norm to hurt insurers; stocks attractive for the long run: Analysts Covid was the moment of truth for the life insurance industry: Experts Irdai approves amendments, simplifies rules to set up insurance firms Life insurance stocks in focus; LIC, HDFC, SBI, ICICI Pru gain up to 5% LIC, ...
Read More »Unclaimed bank deposits: RBI launches campaign to return amount in unclaimed deposits to their rightful claimants
Unclaimed bank deposits: RBI launches campaign to return amount in unclaimed deposits to their rightful claimants [ad_1] The Reserve Bank of India (RBI) has launched a campaign dubbed as ‘100 Days 100 Pays’ with an aim to return the amounts in unclaimed deposits to their rightful owners or claimants. According to the RBI, banks will start the campaign from June ...
Read More »NPCI’s RuPay goes live on CVV-less payments for tokenized cardholders
NPCI’s RuPay goes live on CVV-less payments for tokenized cardholders The National Payments Corporation of India (NPCI) on Monday said RuPay has now introduced the CVV (Card Verification Value) free payment experience for its debit, credit and prepaid cardholders who have tokenized their cards on the merchant application or webpage. This new CVV-less experience ensures that the cardholder ...
Read More »FPIs sweeten the pot for Equitas SFB and Sona BLW
FPIs sweeten the pot for Equitas SFB and Sona BLW Equitas SFB slips 13% as new shares list post merger with Equitas Holdings Equitas Small Finance Bank zooms 8% on solid March quarter results Not buying stake in Equitas SFB, says DSP AMC in response to media reports Equitas Small Finance Bank Q4 results: Net profit rises 58% to Rs ...
Read More »RBI imposes Rs 2.92 cr fine on Canara Bank for violation of various norms
RBI imposes Rs 2.92 cr fine on Canara Bank for violation of various norms The Reserve Bank of India on Friday said it has imposed a penalty of Rs 2.92 crore on Canara Bank for violation of various norms, including linking interest rates to external benchmark, and opening savings accounts of ineligible entities. The Reserve Bank of India ...
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