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Public sector banks (PSBs) wrote off Rs 2.41 lakh crore worth of loans between April 2014 and September 2017, the Rajya Sabha was informed on Tuesday.

Bankers clear Ebix resolution plan for Educomp

Changes in the IBC were aimed at giving companies a chance to revive, bring in fresh capital into the country.

25 April 2018 11:51 AM IST

Yatra shares rose 15 percent after the news.

Software firm Ebix offers to buy India's ticketing firm Yatra

The offer price of USD 7 per share represents a premium of 84 percent to Yatra's Friday close.

12 March 2019 10:27 AM IST

Following the November 8-9 demonetisation, the government over the weekend asked public sector insurers to provide discounts of up to 10 per cent on the premium amount for general insurance policies and 8 per cent in new life policies of Life Insurance Corporation sold online.

Bombay Stock Exchange, Ebix plan to launch insurance platform

It will allow distribution outlets, brokers, advisors and financial institutions to sell insurance products.

12 Jun 2018 3:08 PM IST