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Banking & Finance NBFC

With the entry of ETFs, cryptos will now reach of many traditional and institutional investors.

Federal Bank’s Q2 Net Profit Increases By 55% To Rs 488 Cr

Shares of Federal Bank were trading at Rs 100.80 apiece on BSE, up 4.40 per cent from the previous close.

Arbitration Panel Rejects Future's Plea On Reliance Deal In Dispute With Amazon

Amazon has been locked in a tussle with Future and accuses it of breaking contracts when it sold its retail assets to Indian market leader Reliance last year. Future denies any wrongdoing.

Bank Credit Rise To 6.48%; Deposits By 10.16%: RBI

In FY2020-21, bank credit had grown by 5.56 per cent and deposit by 11.4 per cent.

IDBI Bank Reports 75% Jump In Net Profit To Rs 567 Crore In Second Qtr

However, the total income fell 10 per cent to Rs 5,000.64 crore during the quarter, compared to Rs 5,569.35 crore in the year-ago period, the private sector bank said in a statement.

PSU Banks Likely To Get Capital Support In Q4 To Meet Regulatory Needs

The capital position of banks would be reviewed in the next quarter, and depending on the requirement, the infusion will be made to meet the regulatory needs.

What’s your Investing Personality Type?

Aniruddha Bose

You’re forever putting off investing, saving, and financial planning for a ‘better time’. You tend to spend first and save later. You’re likely to be leveraged from piling on EMI’s and personal loans.

FD’s or FMP’s?

Aniruddha Bose

While FMP’s have a hard lock-in (there’s no option available to encash your money prior to the maturity of the fund), FD’s provide options for quick and easy withdrawals using net banking.

How Insurance Marketing SMSes Mislead

Aniruddha Bose

Most Life Insurance marketing SMSes aim to sensationalise the ‘returns’ earned on the product by drawing a contrast between the savings amount and the final corpus.

Indian NPAs To Rise Again: CRISIL

According to the rating agency, the NPA rise will be led by retail clients and MSMEs. The RBI, last year, allowed banks a one-time restructuring facility to avert the mounting bad loans.

ICICI Securities Q2 PAT Up 26% To Rs 351-crore On Revenue Growth

Banking & Finance NBFC

The company's revenue rose to Rs 857 crore in the second quarter ended September 30, 2021 from Rs 680 crore in the same period preceding the financial year.

Rs 1 Crore Penalty Imposed On SBI

The RBI imposed the penalty because SBI underreported the frauds in its accounts.

Rs 1.95 Crore Penalty Imposed On Standard Chartered Bank

The RBI imposed the penalty because of a violation of various guidelines by the bank, including reporting the cyber security issues.

Indian Banks To Remain Closed For 7 In Upcoming Days