Category: Banking & Financial Services

GST rate rejig in health insurance premia could result in revenue loss up to ₹3,500 cr

Posted on September 6, 2024 by filesadmin

Fully exempting or lowering the GST on health insurance and re-insurance could lead to a revenue loss of up to

Drip Capital raises $113 million, including funding from Japanese investors

Posted on September 6, 2024 by filesadmin

Drip Capital, a digital platform for trade finance, has secured $113 million in new funding. This includes $23 million in

Haircut under IBC jumps to 68% amid delay in resolution: CareEdge

Posted on September 6, 2024 by filesadmin

With a dismal recovery outlook, haircut taken by debtors under the Insolvency and Bankruptcy Code has increased to 68 per

PNB Housing Finance Board to meet on Monday for fund raising

Posted on September 5, 2024 by filesadmin

PNB Housing Finance Ltd’s (PNBHFL) board of directors will meet on September 9 to approve fundraising through Non-Convertible Debentures (NCD)

Need innovative products to regain deposit customers lost to mutual funds: Bankers

Posted on September 5, 2024 by filesadmin

Bankers have called for the development of innovative products to reclaim deposit customers who have moved to the equity market.

IRDAI streamlines policyholder protection norms with a master circular

Posted on September 5, 2024 by filesadmin

The Insurance Regulatory and Development Authority of India (IRDAI) has streamlined norms on the protection of policyholders’ interests by repealing 30

CoinSwitch launches specialised crypto investment services for HNIs and institutions

Posted on September 5, 2024 by filesadmin

Crypto trading platform CoinSwitch has launched its specialised crypto investment services tailored for High-Net-Worth Individuals (HNIs) and institutional investors. The