Canara HSBC Life fined Rs 1 crore for mis-selling policy to 88-yr-old via Canara BankCanara HSBC Life Insurance Company received a ₹1 crore penalty from IRDAI. The fine was imposed for mis-selling a deferred annuity policy t...
11 Sep, 2026, 12.22 AM IST
PC Jeweller shares jump 4%, surge 38% in one week. What's polishing the stock's shine?PC Jeweller shares have surged 38% in a week and 40% in a month as the company moves closer to becoming debt-free. The jeweller has repaid ...
09 Sep, 2026, 11.35 AM IST
ARCIL IPO: Goldman Sachs, BofA among investors in Rs 220 crore anchor roundAsset Reconstruction Company India has raised Rs 220 crore from anchor investors ahead of its IPO, which opens on September 9. The company ...
08 Sep, 2026, 11.27 PM IST
FCNR(B) windfall for banks explained: Who got highest inflows and what it means for investorsFCNR(B) deposits offer banks a cheaper and balance-sheet-efficient source of funding, but their finite tenor and initial deployment challen...
08 Sep, 2026, 12.37 PM IST
PC Jeweller shares fall 5% after sharp 3-day rally; stock up 388% in 3 yearsPC Jeweller shares retreated after a 37% three-session rally, likely due to profit booking. Despite the decline, the stock remains up 31% i...
08 Sep, 2026, 12.00 PM IST
Irdai fines ICICI Lombard Rs 1 crore for outsourcing, vendor management lapsesThe Insurance Regulatory and Development Authority of India has imposed a ₹1 crore penalty on ICICI Lombard General Insurance for lapses in...
08 Sep, 2026, 12.56 AM IST
ICICI Bank shares in focus as LIC gets RBI nod to acquire 9.99% stake in private lenderICICI Bank shares will be in focus after RBI approved LIC to acquire up to 9.99% in the lender within one year. LIC already holds over 4%. ...
07 Sep, 2026, 09.02 AM IST
Senior citizen FD interest rates of up to 8.50%: Top 5 fixed deposit rates from PSU, private and small finance banksHighest senior citizen FD interest rates: Small finance banks offer senior citizens the highest fixed deposit rates currently. Equitas, ESA...
07 Sep, 2026, 07.31 AM IST
Difficult time for microfinance business behind us, Q2 to see growth, says IndusInd Bank MDIndusInd Bank expects its microfinance business to grow 15-20% in FY27, with CEO Rajiv Anand saying its difficult phase is now behind it. T...
06 Sep, 2026, 11.45 AM IST
Curb misselling, not agents: Insurance reform needs a scalpel, not a hammerIndian insurance regulators are rethinking intermediary payment structures to reduce misselling. Proposed reforms aim to lower distribution...
05 Sep, 2026, 12.55 AM IST
PC Jeweller clears debt to ninth consortium bank, eyes debt-free status this monthPC Jeweller has repaid outstanding debt to nine of fourteen consortium banks. The company has now discharged over ninety-six percent of its...
03 Sep, 2026, 03.01 PM IST
NAREDCO Maharashtra to host Real Estate & Infrastructure Investors’ Summit 2026 (REIIS 2026) in MumbaiTheme ‘Re-Defining India’s Growth Story’ to Focus on Strategic Capital, AI Innovations, Infrastructure, and Global Investment Partnerships
03 Sep, 2026, 11.41 AM IST
Explained: What $127 billion FCNR(B) inflows mean for ICICI Bank, HDFC Bank, other bank stocksClosing the FCNR(B) scheme has led to a noteworthy increase in dollar inflows, which has positively impacted foreign exchange reserves. Ind...
03 Sep, 2026, 10.46 AM IST
Dissenting creditors alleged family-linked entities cast 61.78 pc votes that cleared Subhash Chandra's insolvency planDissenting lenders have alleged that five entities linked to Subhash Chandra’s family controlled 61.78% of voting rights and helped approve...
30 Aug, 2026, 04.24 PM IST
Bankers question role of RP in the Subhash Chandra case and how net worth was computedDissenting banks say unresolved pleas for a forensic audit and asset trailing to be conducted on Subhash Chandra's financials to probe how ...
29 Aug, 2026, 06.51 PM IST
Indian bank stocks show widest exchange price gap in decadesIndian bank stocks saw unusually wide price gaps between the NSE and BSE during Thursday’s closing auction, with IndusInd Bank recording it...
29 Aug, 2026, 11.47 AM IST
Goldman Sachs picks ICICI Bank, Kotak Mahindra Bank as top banking betsGoldman Sachs has begun its assessment of fourteen Indian banks, pinpointing its top selections. ICICI Bank and Kotak Mahindra Bank stand o...
22 Aug, 2026, 08.28 AM IST