Friday, Dec 13, 2019 | Last Update : 09:21 AM IST


Reliance Health barred from selling policies

Solvency ratio dips to 63% against norm of 150%.

08 Nov 2019 6:26 AM

PMC Bank: Withdrawal limit raised to Rs 50,000

The RBI has also allowed PMC Bank account holders to withdraw money from the bank's own ATMs within the prescribed limit of Rs 50,000.

06 Nov 2019 1:25 AM

LIC plans to scrap many key schemes from December 1

LIC’s insurance agents are pushing the existing products hard, asking customers to buy them before they close on November 30.

04 Nov 2019 1:49 AM

LIC to withdraw many products from November 30

Among the retail products that would be closed are some of LIC’s best sellers such as Jeevan Anand, Jeevan Umang, Jeevan Lakshya and Jeevan Labh.

04 Nov 2019 1:03 AM

RBI rejigs internal setup to monitor banks better

The development follows the RBI’s central board decision to create separate supervisory and regulatory cadre.

02 Nov 2019 1:29 AM


Yes Bank gets Rs 8500 crore global investor offer

While the bank did not name the investor, according to reports, it was Hong Kong-based SPGP Holdings.

01 Nov 2019 1:56 AM

Lenders court risky borrowers to push up retail loan growth

Growth in credit cards and personal loans significantly outpaced growth witnessed in auto loans, home loans and loans against property.

31 Oct 2019 12:53 AM

SBI surprises with robust Q2 earnings

Asset quality improved sequentially as well as year-on-year.

26 Oct 2019 1:25 AM

Axis Bank posts Rs 112-crore net loss

The bank’s operating profit grew 45 per cent YoY to Rs 5,952 crore from Rs 4,094 crore in Q2FY19.

23 Oct 2019 2:45 AM

Securitisation market to cross Rs 2L cr in FY20

A bigger boost, however, is expected from regulatory interventions, say analysts.

22 Oct 2019 1:31 AM


Flood & motor claims impact Q2 profit of ICICI Lombard

Crop insurance had constituted 17 per cent of the total business last year.

19 Oct 2019 2:12 AM

RBI feels bank rates will drop after benchmarking

All the six members of the MPC had voted in favour of a rate cut.

19 Oct 2019 2:12 AM

Slowdown makes its way in life insurance space

ICICI Prudential Life Insurance reported APE growth of 5.2 per cent YoY to Rs 700 crore on a received premium basis in Sept.

16 Oct 2019 12:52 AM

NBFC Q2 preview: Pessimism abound

The RBI and the government have announced several measures to boost liquidity for NBFCs.

08 Oct 2019 1:30 AM

Is your money safe with the bank?

NCDs are a debt instrument with a fixed tenure and people who invest in these receive regular interest at a certain rate.

07 Oct 2019 4:56 AM


Cut: Repo by 25 bps, GDP by 80 bps

The reverse repo and marginal standing facility rates are now at 4.90 per cent and 5.40 per cent, respectively.

05 Oct 2019 1:48 AM

Yes Bank blames forced stake sale for stock crash

The bank has sizable exposure to cash-strapped NBFCs, which has created a fear among investors.

03 Oct 2019 1:23 AM

Downgrades rise for firms in H1: Raters

Declining profitability and stretch in working capital cycles also were reasons for the downgrades.

02 Oct 2019 1:57 AM

RBI to cut rates again on Friday

However, economists differ on the quantum of the rate cut ranging from 15 basis points to 50 basis points.

30 Sep 2019 1:38 AM

PMC Bank board sacked, withdrawal limit raised

Cash withdrawal limit raised to Rs 10,000.

27 Sep 2019 1:34 AM