Economic

Competition hots up as PMS, AIFs queue up to enter MF biz

The move comes when MFs are gearing up to move into AIFs and PMS territory with ...

‘Grahak Mitras’ to shepherd SBI customers towards alter...

India’s largest bank is also looking to replace/upgrade 40,000 of its ATMs/ADWMs...

Banks seek power to freeze accounts in illicit transact...

Banks freeze/block accounts based on internal triggers, however, as per the PMLA...

ICICI Prudential hopes to outperform life insurance ind...

ICICI Prudential’s APE grew 15 per cent y-o-y to ₹10,407 crore in FY25

Delhi HC asks probe agencies to exercise caution over b...

Instead of freezing the bank account, the court said, authorities should explore...

Gift City, Mumbai, Delhi rise up in global financial ce...

Globally, New York has remained unchallenged at the top

Tata Capital approves plan for initial public offering ...

The firm will sell 230 million new shares and has also approved issuance of righ...

RBI says 98.18% of ₹2000 banknotes returned; ₹6,471 cr ...

Since October 9, 2023, RBI issue offices are also accepting ₹2000 banknotes from...

Non-bank brokers assess impact of SEBI, RBI nod for G-s...

Direct NDS-OM access expected to improve liquidity, boost retail participation

Muthoot Finance gets RBI approval to open 115 new branches

Muthoot Finance recently posted a 21 per cent increase in consolidated PAT in Q3...

Banking system liquidity may ease from second half of A...

Government spending is seen kicking in by then

UPI transactions decline by 5% m-o-m in February

The transaction value for February declined by 6.5 per cent to ₹21.48 trillion, ...

PF interest rate to continue at 8.25% for FY25

A minimum life insurance benefit of Rs. ₹50,000 will be provided in cases where ...

BoB announces launch of pilot CBDC-based ‘Loyalty/Cashb...

This functionality will enable small and medium merchants to independently desig...

360 ONE, Bharti Life Ventures seek CCI nod for stake ac...

360 ONE looking to acquire 15% stake in Bharti AXA Life Insurance through this deal

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