Record disbursements buoy Five-Star ’s Q2 PAT
Five-Star Business Finance Ltd, a non-banking finance company, has reported a profit after tax (PAT) of ₹199 crore for the quarter ended
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Category: Banking & Financial Services
Muthoot Capital Services clocks ₹101-crore profit in H1
Muthoot Capital Services Ltd has posted a net profit of ₹100.96 crore in the six months ended September 30. In
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‘SBI and LIC should be recognised as Maharatnas’
While two public sector financial institutions — State Bank of India (SBI) and Life Insurance Corporation of India (LIC) —
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Religare eyes to become a full-fledged bank: Chairperson
Religare Enterprises Ltd (REL) will aim to become a full-fledged bank in the coming years even as Dabur Promoter Burman
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IRDAI to review bancassurance norms, forms taskforce
The Insurance Regulatory and Development Authority of India (IRDAI) has formed a taskforce to look into various aspects of the
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Taxation changes have impacted the sector: Mahesh Balasubramanian, MD, Kotak Mahindra Life Insurance
Mahesh Balasubramanian, Managing Director, Kotak Mahindra Life Insurance, says the changes to tax laws implemented from April 1, 2023, has
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RBI may have raised minimum amount for offering non-callable term deposits 6.66 times to protect retail depositors, say experts
The Reserve Bank of India (RBI) may have upped the minimum amount for offering non-callable Term Deposits (TDs) 6.66 times to
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LIC Housing Finance cuts home loan rate by 10 bps for festival season
LIC Housing Finance Ltd (LICHFL) on Monday said its home loan rates will start from 8.40 per cent against 8.50
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Fincare SFB promoters to pump in ₹700 crore as part of the merger deal with AU Small Finance Bank
The promoters of Fincare SFB, namely Fincare Business Services Limited, will bring ₹700 crore of capital as part of the
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Co-op Banks should approach RBI’s Dept of Supervision for a change in name
The Reserve Bank of India (RBI) has directed cooperative banks desirous of changing their name to approach the Department of
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