IIFCL UK unit net worth will be positive in the current financial year; Expect dividend next year: MD

New Delhi, India infrastructure finance company (UK) Ltd.’s net worth is expected to be positive this…

IRDAI in talks with government for relaxation in entry capital of Rs 100 crore for insurance companies: Debashish Panda

Insurance Regulatory and Development Authority of India (IRDAI) has suggested the government to reduce the minimum…

Bankers running megaphones broker deposits for deposits on Indian roads

Indian bankers With MegaFon hitting the streets and enlisting grocers to sign up customers as they…

Reliance Capital’s lenders divided over ‘challenge mechanism’

debt-ridden committee of creditors (COC) Reliance CapitalThe modalities to be adopted in the bidding process could…

Credit to Indian banks grew 17.9% y/y in two weeks till October 21: RBI

Credit to Indian banks rose 17.9 percent in two weeks to October 21, while deposits grew…

DCB Bank hikes MCLR rates by 27 bps for all tenors

Private Sector DCB Bank marginal is modified upwards cost money based lending rate by 27 basis…

Build wealth through SIP

People who are new to mutual fund investing often wonder what is the right time to…

Are all equity funds tax saving mutual funds?

Although one can invest in mutual funds without any prior knowledge about investing, investors should try…

Are debt funds ideal for low-risk investors?

Sometimes when a company wants to raise and raise funds for further growth, it issues debt…

RBI’s new norms for ARCs make it harder to land retail NPAs

The Reserve Bank of India recently put forward new regulatory guidelines for asset reconstruction companies (ARCs)…