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Latest Articles in Banking Finance

FPIs Turn Net Buyers In June qtr; Invest $4 Billion In Indian Equities

This was largely on the back of robust net FPI inflows, coupled with a strong recovery in the country's equity markets.

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Crisil Revises Outlook On Indian Bank's Debt Instruments To Negative

The domestic rating agency had 'Rating Watch with Developing Implications' outlook on the Basel III-compliant AT1 bonds and tier 2 bonds.

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RBI Suggests Action Plan To Promote Financial Education

Strengthening financial inclusion in the country has been one of the important developmental agendas of both the Government of India and the four financial sector regulators

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New Trends Emerge in Life Insurance Industry

Due to the COVID-19 pandemic Insurance Industries have developed new trends in 2020 they have never explored before.

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Yes Bank Case: HC Grants Bail To Kapil and Dheeraj Wadhawan

Justice Bharati Dangre granted them bail as the Enforcement Directorate (ED) failed to file its charge sheet against them in the case within the stipulated 60-day period.

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Yes Bank Fraud Case: HC Grants Bail To Wadhawan Brothers

Justice Bharati Dangre granted them bail as the Enforcement Directorate (ED) failed to file its charge sheet against them in the case within the stipulated 60-day period.

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Loans Worth Rs 1 Lakh Crore Disbursed Under ECLGS To Offset COVID-19 Distress

Private sector banks have sanctioned loans of Rs 74,715.02 crore of which Rs 45,762.36 crore has been disbursed.

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Why Should I Buy The Corona-Health Insurance Plan In 2020?

The COVID-19 Standard Health Insurance Policy needs to be mandatorily offered by all insurance companies, says the regulator

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Muthoot Finance Reports 59 % Jump In Q1 Net Profit At Rs 841 Cr

Loan assets stood at Rs 41,296 crore as compared to Rs 35,816 crore, marking a year-on-year growth of 15 per cent.

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Indian Government Keen To Speed Up Stake Sale In Four Banks

India currently has a dozen public sector banks in addition to IDBI, in which the government owns 47.11% while the state-owned insurance behemoth Life Insurance Corp owns a 51% stake.

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Bharti Axa Life, SBM Bank Forge Bancassurance Partnership

Bharti Axa will offer a suite of life insurance products including protection, health, savings and investment plans to customers of SBM Private Wealth, the retail banking arm of SBM Bank India.

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Bandhan Bank Shares Gain Over 2% After RBI Lifts All Restrictions

The restrictions included seeking prior approvals for network expansion, and also freezing managing director and chief executive Chandra Shekhar Ghosh's remuneration.

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Nucleus Software To Lead Digital Transformation At Muthoot Fincorp

Muthoot Fincorp said it wanted to set growth agenda for the next decade with customer-centric, agile and data-driven approach supported by advanced technology.

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RBI MPC Meeting Outcome: Banks/Financial Institutions To Allow Or Disallow A One-Time Restructuring Window

RBI has already tried to provide relief to MSMEs (largest moratorium claimers) and has come up with a “Resolution Framework for Covid-19 related stress”.

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