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Latest Articles in Banking Finance

We Can't Keep On Slashing Policy Rates Every Time: Shaktikanta Das

The sharp decline in growth had many analysts assuming the Reserve Bank will deliver a rate cut on Thursday.

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Indian Mutual Fund Industry Has Grown At An Impressive Rate In Past Few Years: Abhinav Angirish, Investonline.in

In an exclusive interview with BW Businessworld, Abhinav Angirish, Founder, Investonline.in talks about the firm and more.

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RBI Maintains Status Quo, No Rate Cut: RBI Monetary Policy

The current repo rate, which is the rate at which commercial banks lend money from RBI, stands at 5.15 per cent.

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Reserve Bank Keeps Benchmark Interest Rate Unchanged At 5.15 Per Cent

The central bank also revised GDP growth downwards to 5 per cent for 2019-20 from 6.1 per cent projected in its October policy.

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Industry Assets Under Management (AUM) May Double In Next 5 Years: Ajay Mishra, JM Financial Services

In an exclusive interview with BW Businessworld, Ajay Mishra, MD & Head, Wealth Group, JM Financial Services spoke about the wealth management landscape of the country and more.

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Ujjivan Small Finance Bank IPO Huge Hit Among Investors

The IPO was subscribed 4.86 times on the second day of subscription on Tuesday.

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HDFC ERGO Launches My:Health Woman Suraksha

My:health Woman Suraksha policy is specially designed to cover women against numerous illnesses and contingencies they may face during their lifetime, thereby providing financial aid in case of medical contingencies.

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Cabinet Approves Launch Of Bharat Bond Exchange Traded Fund

"Bharat Bond ETF will be the first corporate bond ETF in the country," said FM Nirmala Sitharaman.

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South Asia Remains Fastest Growing Region: World Bank Report

Despite the current GDP slowdown in India, the latest Annual Report of World Bank for fiscal 2019 says South Asia is projected to grow at 7% in 2020 & 7.1% in 2021

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Processing Of Income Tax Refund Returns Witnessed 20% Increase, Says CBDT

The CBDT has emphasized expeditious issue of refunds in this year demonstrating its commitment to faster and more efficient taxpayer service.

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Rs 4.91 Lakh Crore Disbursed By PSBs In October, November

PSBS, being adequately capitalised and record recovery underway, have sufficient liquidity to support credit growth

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Nearly 3% Of Mudra Loans Turn Into Bad Loans: Govt

Minister of State for Finance Anurag Thakur gave this information in written reply to a question in the Rajya Sabha.

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HDFC Life Announces Etty To Spell Greater Convenience For Customers

The app allows customer/claimants to intimate death claims within 24 hours without the need for a branch visit according to the press statement.

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78% Depositors Of PMC Bank Can Withdraw Entire Deposits: Govt

Maharashtra-based PMC Bank can withdraw up to Rs 1 lakh by invoking the 'hardship provisions' of the RBI.

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Here's Why You Must Invest Your Salary In Bajaj Finance Fixed Deposit Today

With a minimum amount of just Rs 25,000, you can book an FD without delay and enjoy assured returns as FD isn't linked to market fluctuations.

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