Axis Bank becomes co-promoter of Max Life

Axis Bank becomes co-promoter of Max Life

Axis Bank and two of its subsidiaries have become the co-promoters of Max Life Insurance Company aft..

RBI to give direction to debt market in first policy of FY22

RBI to give direction to debt market in first policy of FY22

The first monetary policy of the current financial year, to be unveiled by the Reserve Bank of India..

HDFC Bank’s loan growth at 17-qtr low; how other banks fared in FY21

HDFC Bank’s loan growth at 17-qtr low; how other banks fared in FY21

The slowdown, deepened due to the Covid-induced stress in the economy, has impacted HDFC Bank’s grow..

Govt amends IBC for stressed MSMEs

Govt amends IBC for stressed MSMEs

Amending the insolvency law, the government has introduced a pre-packaged resolution process for str..

SBI ups home loan rates

SBI ups home loan rates

State Bank of India (SBI) has increased the minimum interest rate on home loans by 25 basis points t..

SBI Card has 50% transaction from online payments: CEO

SBI Card has 50% transaction from online payments: CEO

SBI Cards and Payment Services is seeing over 50% of its transactions come from online payments such..

Interest rates on Fixed Deposits

Interest rates on Fixed Deposits

Banks1 Year FDsGeneral1 Year FDsSenior CitizenState Bank of India4.90%5.40%HDFC Bank4.90%5.40%Punjab..

Jana Small Finance Bank files for IPO to raise Rs 1,100 cr

Jana Small Finance Bank files for IPO to raise Rs 1,100 cr

Small finance banks are in a rush to raise money through public float. Soon after Suryoday Small Fin..

RBI orders forensic audit of Mobikwik systems

RBI orders forensic audit of Mobikwik systems

The Reserve Bank of India has directed Mobikwik, a digital wallet firm which is facing data breach a..

SBI raises $1 bn loan from JBIC

SBI raises $1 bn loan from JBIC

tate Bank of India, the country's largest lender, has raised an additional $1 billion from Japan Ban..

Govt retains retail inflation target for 5 years

Govt retains retail inflation target for 5 years

The government on Wednesday asked the Reserve Bank of India to maintain the retail inflation target ..

MPC to meet six times in FY22

MPC to meet six times in FY22

The Monetary Policy Committee (MPC), which decides on key interest rates, will meet six times during..

Govt quickly rolls back rate cut on small savings

Govt quickly rolls back rate cut on small savings

Coming amidst the assembly elections, the government’s order on Wednesday to slash interest rates on..

Govt to infuse Rs 14,500 cr in 4 PSU banks

Govt to infuse Rs 14,500 cr in 4 PSU banks

The government will infuse Rs 14,500 crore into four weak state-run banks that will go to strengthen..

Govt slashes interest rates on small savings, PPF hits 46-year low

Govt slashes interest rates on small savings, PPF hits 46-year low

The government on Wednesday cut interest rates on small savings schemes, after keeping them untouche..