Shriram Life Insurance net falls 12% to ₹35 cr in Q1
Shriram Life Insurance has reported a 12 per cent dip in profit after tax at ₹35.4 crore for the quarter
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Category: Banking & Financial Services
Investment basket linked to Special Rupee Vostro accounts should include corporate bonds
The Reserve Bank of India (RBI) can be requested to enhance the investment basket linked to Special Rupee Vostro accounts
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Paytm loan disbursals grew 148% in July to ₹5,194 crore, number of loans up 46%
One97 Communications, which owns the Paytm brand, on Thursday said that its loan disbursements grew 148 per cent in July
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LIC Housing Finance Q1 PAT up 43% on steady revenue, NII growth
LIC Housing Finance posted a net profit of ₹1,324 crore for Q1 FY24, up 43 per cent, led by a 28
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South Indian Bank launches SIB EXIM Current Account
South Indian Bank (SIB) has launched SIB EXIM Current Account specially curated for customers involved in the import and export
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Reliance Industries, Arcelormittal India drive overseas borrowing to record high in Q1
The rising interest rates in the global market could not deter Indian companies from borrowing abroad. Overseas borrowing of India
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IOB bucks the Q1 industry trend to grow CASA in absolute & percentage terms
Indian Overseas Bank (IOB) has probably become the only bank that has managed to improve its CASA (Current account-Savings account) ratio year-on-year and
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Banks’ cost of funds up around 1% YoY on higher deposit, market rates
The cost of funds for banks has risen by around 1 per cent, or 100 bps, YoY, during Q1 FY24
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RBI approves amalgamation of Navanirman Co-op Urban Bank with Rajadhani Co-op Urban Bank
The Reserve Bank of India has sanctioned the Scheme of Amalgamation of The Navanirman Co-operative Urban Bank Ltd with Rajadhani Co-op.
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Rupee closes down 32 paise at almost one-month low
On Wednesday, the rupee closed at an almost one-month low against the Dollar due to banks’ buying Dollars on behalf
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