Bank credit up 7.14 per cent, deposits up 11.42 per cent: RBI

In the fortnight ended November 6, 2020, bank credit stood at Rs 104.19 lakh crore and…

Bombay High Court allows DHFL’s plea to drop its name from CBI probe

Bombay high Court The petition filed by Dewan Housing Finance Limited is accepted (DHFL) to discharge…

NPCI takes UPI globally, ties up with leading payment provider PPRO

NPCI International Payments Limited (NIPL), the international branch of the National Payments Corporation India, and PPRO,…

LIC’s IPO expected to hit the market by the fourth quarter: DIPAM Secretary

Tuhin Kanta Pandey, Secretary, Department of Investment and Public Asset Management has said that the much-awaited…

PhonePe says record 2 billion monthly transactions happened in October

Billing, India’s largest payments app by transaction volume, followed, and then some, last month. According to…

Why investors should invest in Equity or Mutual Funds

For an investor, who has a long-term outlook to build wealth from his savings, a part…

Maharashtra tells Centre, Reliance General Insurance’s refusal to pay crop claims may become law and order issue

Reliance General Insurance company (RGICL) has refused to pay the insurance claims farmers of maharashtra under…

Real capex will resume in 9-12 months. Amitabh Choudhary, CEO of Axis Bank says

Even large corporations strengthen greenfield and brownfield investment plans, says Amitabh Choudhary, CEO, axis Bank, believes…

Gross loan portfolio of MFIs declined by 1.1 per cent to Rs 2,25,331 crore at end-September: Report

According to a report by Sa-Dhan, the gross loan portfolio (GLP) of microfinance lenders declined marginally…

IOB reduces annual profit to Rs 646 crore on asset classification deviation

New Delhi: State-owned Indian Overseas Bank on Tuesday cut its net profit for 2020-21 to Rs…