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ICICI Pru Life seeks investor status for Prudential after Bharti Life dealUK-based Prudential Corporation Holdings is seeking regulatory approval to shift its status from promoter to investor in ICICI Prudential L...
Middle class, aspirational consumers to drive 93% of India's spending by 2036: SitharamanIndia's middle class is poised to fuel significant economic expansion, with 93% of all spending expected to originate from this segment by ...
If FIIs return, they tend to see it first. 15 stocks from financial services ecosystem, with upside potential as low as 3% to as high as 28%Financial services is where FIIs go when they turn positive on India. History shows us that much of the money goes to banks, and the wider ...
Enrol under PM Fasal Bima Yojana by July 31: Maharashtra agriculture minister to farmersMaharashtra Agriculture Minister Dattatray Bharane has urged farmers to enroll in the Pradhan Mantri Fasal Bima Yojana by July 31. This rev...
FD rate up to 8.3% for senior citizens investing for three years; Know list of banksSenior citizens can now secure fixed deposit interest rates up to 8.3% for a three-year term with select small finance banks, offering a lu...
Operationalising GST refunds for foreign tourists to promote retail exports: FIEOExporters' body FIEO has urged the government to implement GST refunds for foreign tourists to boost tourism and retail exports. They also ...
BoB, BoI, PNB see 350 bps credit-deposit gap widenThree major public sector banks – Bank of Baroda, Bank of India, and Punjab National Bank – are showing a significant gap between their cre...
India's lending boom might no longer be largely bank-ledIndia's private credit market is booming, doubling in five years to $25 billion as companies seek alternatives to traditional bank loans fo...
Canara Bank, Indian Bank credit growth outpaces depositsLeading public sector banks, including Canara Bank and Indian Bank, are experiencing a sustained trend where their loan disbursements are e...
These 7 private and public banking stocks have an upside of up to 24% in one year, according to analystsAt the end of the day, both private and PSU banks are equally impacted by what goes on in the economy. If they are behaving differently in ...
Kisan Credit Card loan 'scam' unearthed in Jammu and KashmirJammu and Kashmir Crime Branch's Economic Offences Wing has exposed a significant Kisan Credit Card loan scam. A daily wage JK Bank employe...
Beyond refunds: Why GST 2.0 is a growth enabler for MSME exportersLiquidity alone won’t close the credit gap that most Indian MSME exporters face. This is where GST 2.0 has its most underappreciated impact...
Don't worry, banks have shock absorbers: RBIIn its bi-annual Financial Stability Report, the RBI flagged concerns over customer service in the insurance sector and again cautioned tha...
RBI flags emerging fault lines in private credit market, calls for close monitoringThe Reserve Bank of India has identified growing concerns within the booming private credit market. The central bank's latest report highli...
Bank credit to industry grows at robust 17.5% in May: RBIIndian banks witnessed a significant surge in credit to industries, with a robust 17.5% annual growth in May. This expansion was driven by ...
Bad loans may edge up to 1.9% by FY28 despite resilient banks: RBIIndian banks are projected to see a slight increase in bad loans to 1.9% by March 2028, yet the system remains robust with strong capital a...
HDFC Bank valuations attractive, banking sector ready for next growth phase: Sandip SabharwalMarket expert Sandip Sabharwal sees private banks entering a robust phase driven by accelerating credit growth and easing margin pressures....
DGFT extends enhanced export insurance cover for West Asia shipments till September 30Indian exporters shipping to West Asia will benefit from extended enhanced insurance cover against payment defaults until September 30, 202...
5 silent reasons banks slash your credit card limit without warning
FEMA rules revision: Exporters flag at least half-a-dozen worriesIndian exporters are urging the Reserve Bank of India to reconsider revised FEMA regulations, citing potential disruptions to trade and liq...