Banks to be told to step up FCNR (B) depositsBanks will now encourage more foreign currency deposits. The Reserve Bank of India will cover all hedging costs for these deposits. This mo...
Generali Central Life Insurance aims to double business to Rs 2,000 cr in 3 yearsGenerali Central Life Insurance plans to double its business to Rs 2,000 crore in three years. The company will leverage its partnership wi...
Nearly two-thirds of bank loans now priced below 9% as rate cuts biteIndian banks are offering more loans at lower interest rates. Almost two-thirds of all bank credit now has rates below 9%. This shift follo...
Japan’s premium fruit industry where melons become luxury commoditiesJapanese fruits have carved out a niche in the world market, fetching high prices due to their extraordinary taste, texture, and stunning p...
Shalibhadra Finance eyes Rs 500 crore AUM as FY26 profit climbs 22%Shalibhadra Finance is set for major expansion. The company aims to more than double its loan book by FY29. This growth will be fueled by n...
LIC looks to improve return from real estates, to explore option of separate subsidiaryIn the recent past, he said LIC has initiated a comprehensive review of its real estate portfolio to assess the returns and yields it gener...
Central Bank of India well-positioned to surpass Rs 5,000 cr profit in FY27: MD Kalyan KumarCentral Bank of India targets Rs 5,000 crore annual profit during this fiscal year. A new tax regime offers a significant boost. The bank p...
Central Bank of India 'blessed' with liquidity, now we are building the capability to deploy it better: CMD Kalyan KumarCentral Bank of India is set to expand its services with new initiatives including launching credit cards and a wealth management business....
The slowest-looking plant on Earth is evolving faster than scientists expected — here’s howCactus evolving faster than expected explained: New research reveals cacti are evolving and creating new species at a surprisingly fast rat...
Prateek Yadav dies: From Rs 5 crore Lamborghini, luxury gyms to real estate empire, a look at his lavish lifestylePrateek Yadav net worth: Prateek Yadav, son of Mulayam Singh Yadav and stepbrother of Akhilesh Yadav, passed away at a Lucknow hospital. A ...
Credit at the tap: The opportunities and risks of India’s digital lending boomIndia's digital lending is rapidly transforming credit access, with mobile apps now disbursing significant loan volumes, especially to youn...
17 prisoners illegally released from Mizoram jail using forged court orders; majority re-arrestedSeventeen prisoners were illegally freed from Lunglei District Jail in Mizoram. Forged court documents and fake release orders facilitated ...
Fake life-saving medicine racket busted in Delhi: Here's how they repackaged and sold drugs across several statesDelhi Police crime branch busted an interstate counterfeit medicine racket, arresting four individuals. The network allegedly sourced gover...
Muthoot Microfin grew 13% when the industry shrank 20%; CEO explains what's nextMuthoot Microfin defied industry decline, growing assets by over 13%. The company improved its loan repayment rates and reduced bad loans. ...
Aadhar Housing Finance Q4 profit surges 27% to Rs 311 crore on strong growth and expansionAadhar Housing Finance reported 27% Q4 profit growth to Rs 311 crore, driven by strong loan disbursements and business expansion. Assets un...
Federal Bank eyes long-term value creation from SCB Card portfolio acquisitionFederal Bank is acquiring Standard Chartered's credit card portfolio, gaining a high-quality, younger customer base with strong credit scor...
Chief Minister Lalduhoma attends Mizoram Rural Bank Branch Managers’ Conclave 2026Mizoram Rural Bank is recognized as one of India's most progressive Regional Rural Banks. The bank achieved a remarkable Credit-Deposit Rat...