
July 05, 2022 02:16 IST
The Ministry’s note follows the intense competition in the sector and the decline in the performance of three PSU insurers.
Tue, Jul 05, 2022
July 04, 2022 03:43 IST
According to Reserve Bank of India data, monthly spending on credit cards is now above Rs one lakh crore. Card spending in May touched Rs 1.13 lakh crore as against Rs 1.05 lakh crore in April and Rs 1.07 lakh crore in March.
Mon, Jul 04, 2022
July 02, 2022 04:30 IST
The selection process of top officials of public sector insurance companies was in limbo in the wake of the Delhi High Court decision to strike down the power of BBB to select directors and chiefs of PSU insurers.
Thu, Jul 28, 2022
July 01, 2022 03:44 IST
Barring PPF and Sukanya Samriddhi Yojana, all other small saving instruments are currently fetching negative real returns amid high inflation.
Fri, Jul 01, 2022
June 29, 2022 06:31 IST
Mistry’s stake in Tata Sons, the holding company of Tata companies, is estimated at 18.4 per cent, making it the largest shareholder after Tata Trusts. Most of the family wealth is derived from being the largest minority shareholder in TCS.
Wed, Jun 29, 2022
June 29, 2022 04:10 IST
However, total credit outstanding of women rose by 13.92 per cent from Rs 10.27 lakh crore to Rs 11.70 lakh crore as of March 2022, according to the latest Reserve Bank of India data.
Wed, Jun 29, 2022
June 26, 2022 03:35 IST
The banking regulator is in discussion with fintech players to find a way out and bring the segment under a regulatory framework so that PPIs are used as a payment instrument and not as a credit avenue.
Sun, Jun 26, 2022
June 23, 2022 21:38 IST
Foreign portfolio investors have pulled out Rs 42,000 crore this month amid rising inflation and monetary policy tightening in the US. How does this impact the market and the rupee, and what should you do?
Fri, Jun 24, 2022
June 22, 2022 05:33 IST
India’s oil imports from Russia have gone up steeply as the latter is offering oil at a discount of 25-30 per cent. Russia has overtaken Saudi Arabia to become India’s second largest oil supplier after Iraq in May this year.
Wed, Jun 22, 2022
June 20, 2022 04:15 IST
Road Transport Minister Nitin Gadkari had met the CEOs of some general insurance companies to fix some of legal and technical hitches that are preventing the general insurers from launching surety bonds, which can replace expensive Bank Guarantees.
Tue, Jun 21, 2022
June 20, 2022 04:00 IST
According to the RBI report, these estimates assume significance when assessed against the total stock of portfolio investment in India of $288 billion and short-term trade credit of $110.5 billion at the end of December 2021.
Tue, Jun 21, 2022
June 16, 2022 12:06 IST
With the BBB not allowed to select top officials of public sector insurers, the government is now getting ready to activate an alternative mechanism to conduct the exercises for selecting the top management of PSU insurers.
Thu, Jun 16, 2022
June 16, 2022 02:52 IST
SC Setty, who had been looking after the area of retail business & digital banking until now, has been made MD (International Banking, Global Markets & Technology).
Thu, Jun 16, 2022
June 13, 2022 13:45 IST
The benchmark Sensex was quoting 1,422 points down at 52,881.23 and the Nifty Index was trading 408 points lower at 15,793.15 as of 12.15 noon IST.
Tue, Jun 14, 2022
June 13, 2022 03:44 IST
In absolute numbers, bank credit has gone up by Rs 13 lakh crore as of May 20 to Rs 120.27 lakh crore, as against Rs 6.08 lakh crore a year ago.
Mon, Jun 13, 2022
June 10, 2022 04:13 IST
With the Reserve Bank of India hiking rates to rein in inflation, bond yields have risen to their highest levels in three years. What does that mean for the markets and investors?
Fri, Jun 10, 2022
June 09, 2022 04:30 IST
In another move that will generate jobs, make housing affordable and promote inclusive growth, the RBI permitted rural cooperative banks (RCBs) to finance residential real estate projects and doubled the limit on housing loans that cooperative banks can offer.
Thu, Jun 09, 2022
June 09, 2022 03:30 IST
The central bank has now raised the Repo rate by 90 basis points to 4.90 per cent in a matter of five weeks, with the hikes set to raise the lending rates in the banking system and impact the demand in the economy.
Thu, Jun 09, 2022
June 08, 2022 11:39 IST
Repo rate is now up 90 bps in 5 weeks as the RBI seeks to counter inflation with such hikes and focus on withdrawing its accommodative stance. What does it mean for bank lending rates, your EMIs, and spending?
Thu, Jun 09, 2022
June 06, 2022 04:01 IST
RBI MPC likely to raise repo rate by up to 50 bps at upcoming meet
Mon, Jun 06, 2022
June 03, 2022 04:08 IST
IRDAI has decided to extend the 'Use and File' procedure to all health insurance products. What is 'Use and File', and how will it help?
Fri, Jun 03, 2022
June 01, 2022 03:30 IST
Credit growth to industry accelerated by 8.1 per cent to Rs 31.52 lakh crore in April 2022 from a contraction of 0.4 per cent in April 2021, the RBI said.
Wed, Jun 01, 2022
May 30, 2022 04:01 IST
Mutual funds invested Rs 155,000 crore since October in the market with investors putting over Rs 10,000 crore through systematic investment plans (SIPs) of MFs every month.
Mon, May 30, 2022
May 28, 2022 06:28 IST
Significantly, the RBI has not supplied new Rs 2,000 notes in the last four years. The RBI introduced Rs 2,000 note after demonetisation in November 2016 when Rs 500 and Rs 1,000 banknotes were withdrawn.
Sat, May 28, 2022
May 27, 2022 03:57 IST
Since the RBI announced its rate hike on May 4, the Sensex has fallen 4.8%. By comparison, the mid-cap and the small-cap indices are down 8.9% and 10.7% respectively.
Fri, May 27, 2022





