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 ...
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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 ...
Read More »Inflation cooling; confident that monetary policy is on track: RBI Guv
Inflation cooling; confident that monetary policy is on track: RBI Guv Shaktikanta Das. Photo: Kamlesh Pednekar Reserve Bank of India Governor Shaktikanta Das on Friday said the cooling off in headline inflation to 4.7 per cent during April is “very satisfying”. The governor said the release of the official data on Friday gives confidence that the “monetary policy ...
Read More »Aditya Birla Sun Life Short Term Fund Regular Plan Growth
Aditya Birla Sun Life Short Term Fund Regular Plan Growth Fund Pick: Aditya Birla Sun Life Short Term Fund a consistent outperformer Fund pick: SBI Focused Equity Fund Fund pick: Nippon India Tax Saver Fund Fund pick: DSP Midcap Fund Fund pick: SBI Bluechip Fund Cooked for India: Why Greek cuisine should find place on your dinner table Link PAN-Aadhaar ...
Read More »Rupee records worst week since mid-March as US dollar regains strength
Rupee records worst week since mid-March as US dollar regains strength By Sethuraman N R MUMBAI (Reuters) – The Indian rupee fell to a three-week low on Friday and registered its worst week in eight, dragged down by a broader strength in the dollar index. The rupee closed at 82.1625 per U.S. dollar compared with 82.09 in ...
Read More »How will the Reserve Bank of India’s new locker norms impact you?
How will the Reserve Bank of India’s new locker norms impact you? The Reserve Bank of India (RBI), in 2021 revised the rules on safe deposit lockers, which will come into effect on December 31, 2023. These were initially slated to come into force on January 1, 2022. Then the date was postponed to January 1, 2023, and finally to ...
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