
April 22, 2022 03:47 IST
Home loans witnessed 40 per cent growth in originations (value) during festive season from Rs 138,544 crore in FY19 to Rs 193,227 crore in FY22, and 21 per cent growth in originations (volume) from 6.7 lakh accounts in FY19 to 8.1 lakh accounts in FY22.
Fri, Apr 22, 2022
April 20, 2022 04:01 IST
State Bank of India has raised the marginal cost of funds-based lending rates (MCLR) for the first time in three years. As a result, borrowers who have taken home, vehicle, and personal loans will find their equated monthly instalments (EMIs) rising in the coming months.
Sat, Apr 23, 2022
April 19, 2022 03:51 IST
Five standalone private health insurance companies, led by Star Health & Allied Insurance Company, saw a 32.53 per cent rise in gross direct premium income in FY22 to Rs 20,880.08 crore against Rs 15,755.18 crore a year ago.
Tue, Apr 19, 2022
April 15, 2022 04:00 IST
By way of comparison, commercial banks including PSU banks and private sector banks reported NPAs of just 3.99 per cent of their total advances as of December 2021, the SLBC figures show.
Sat, Apr 30, 2022
April 15, 2022 00:56 IST
The bank’s board has proposed a hike of nearly 10 times in Sharma’s salary, from Rs 2.62 lakh per month to Rs 20 lakh per month — Rs 2.4 crore annually — with effect from March 19, 2022.
Fri, Apr 15, 2022
April 12, 2022 04:00 IST
In absolute numbers, credit offtake almost doubled by Rs 10.43 lakh crore as of March 2022 as against Rs 5.78 lakh crore last year. Total credit outstanding was Rs 118.90 lakh crore as on March 25, 2022, the RBI data shows.
Tue, Apr 12, 2022
April 09, 2022 04:00 IST
The RBI also introduced a new measure, the Standing Deposit Facility — an additional tool for absorbing liquidity — to suck out surplus liquidity of Rs 8.5 lakh crore from the financial system which is fuelling inflation.
Sat, Apr 09, 2022
April 09, 2022 04:00 IST
What is the big picture emerging from the monetary policy review? How has inflation moved of late? What policy instruments has the RBI proposed to tackle the situation? What is the trade-off in the RBI's policy with regard to growth?
Sat, Apr 09, 2022
April 08, 2022 14:23 IST
Growth projection 7.2%, inflation forecast 5.7%; sets stage for rate hike
Sat, Apr 09, 2022
April 08, 2022 04:02 IST
The Insurance Regulatory and Development Authority of India is reviewing the Rs 100 crore capital, which is the minimum requirement for any new player to begin an insurance venture.
Fri, Apr 08, 2022
April 07, 2022 04:00 IST
While the present country rating of Sri Lanka remains unchanged as C1 (moderately high risk), its cover category has been changed from Open Cover to Restricted Cover Category – I (RCC-I).
Thu, Apr 07, 2022
April 05, 2022 04:04 IST
After 45 years and 9 million home loans, a new home with our family: HDFC chairman Deepak Parekh.
Tue, Apr 05, 2022
April 05, 2022 04:00 IST
Reinsurers led by GIC Re and general insurers led by New India Assurance (NIA) have hiked their premiums by up to 20-30 per cent in certain segments — other than health and cyber — depending on the group and customers.
Tue, Apr 05, 2022
April 04, 2022 09:50 IST
HDFC-HDFC Bank merger: The transaction is expected to close over the next 18 months, subject to completion of regulatory approvals and other customary closing conditions.
Thu, Apr 07, 2022
April 04, 2022 09:25 IST
HDFC-HDFC Bank merger: Speaking at the press conference HDFC Chairman Deepak Parekh said that it will not only strengthen the entity against competitors but will also make its mortgage offering competitive. He added that HDFC will merge into HDFC Bank and there will be no promoter in HDFC Bank.
Tue, Apr 05, 2022
April 04, 2022 06:24 IST
Banks, which work as corporate agents of insurance companies, are allowed to solicit insurance cover only for policies where sum assured is not more than Rs 5 crore per policy as per the Insurance Regulatory and Development Authority of India’s (Irdai’s) corporate agent regulations
Mon, Apr 04, 2022
April 01, 2022 19:27 IST
The benchmark Sensex at BSE and Nifty at NSE rose 1.2 per cent on Friday and are trading above the pre Russia-Ukraine war levels.
Tue, Apr 26, 2022
April 01, 2022 03:55 IST
Further, in a bid to promote environment friendly vehicles, the draft notification has proposed a 15 per cent discount for electric private cars, electric two wheelers, electric goods carrying commercial vehicles and electric passenger carrying vehicles.
Fri, Apr 01, 2022
March 28, 2022 03:04 IST
INOX stockholders to get 3 PVR shares for every 10 shares held
Mon, Mar 28, 2022
March 27, 2022 17:51 IST
Multiplex chains PVR Ltd and INOX Leisure Ltd have decided to merge to form the largest entertainment company in the country. What does the deal entail?
Wed, Mar 30, 2022
March 25, 2022 04:00 IST
With the US and European nations blocking major Russian financial institutions from SWIFT, those entities on the sanctions list are unable to receive confirmations for fund transactions executed through the globally accepted messaging network.
Fri, Mar 25, 2022
March 25, 2022 01:32 IST
Indian household asset holdings — based on savings data and MTM (mark-to-market) calculations — over the last 15 years suggests that equities as a percentage of households (HH) net worth have risen to an all-time high, according to a report from research firm Jefferies.
Fri, Mar 25, 2022
March 22, 2022 05:08 IST
The government is expected to review interest rates on SSIs for the first quarter of 2022-23 on March 31, 2022, it added.
Tue, Mar 22, 2022
March 21, 2022 02:57 IST
This is besides the LIC IPO through which the government plans to raise around Rs 60,000 crore. While the issue received Sebi approval last week, it is set to get delayed, given the current market situation.
Mon, Mar 21, 2022
March 20, 2022 09:14 IST
Brent crude prices soared to a near 14-year high of $140 as the Russia-Ukraine war intensified. As India imports nearly 80 per cent of its domestic requirements, high crude oil prices would have led to a steep rise in dollar requirement as well.
Tue, Mar 22, 2022



