Economic

DPDzero bags $7 mn in Series A led by GMO Venture Partners

The round also saw SMBC Asia Rising Fund and Blume Ventures doubling on their ex...

‘We are going full throttle on new bank partnerships’  

Axis Max Life Insurance maintains a 65-70% counter share within Axis Bank, while...

Bank credit growth rate slowing, but overall flow of fi...

Overall flow of financial resources to the commercial sector increased from ₹33....

Piramal Finance to step up focus on Telangana retail lo...

Piramal Finance’s loan portfolio in Telangana stands between ₹5,000 crore and ₹5...

LIC reports 5% rise in Q1FY26 net at ₹10,987 crore

Net value of new business margin goes up to 15.4% from 13.9%

Who pays the UPI piper?

It is the banks that have benefitted the most from UPI, as cash steadily lost gr...

RBI panel suggests keeping WACR as policy target, disco...

A transition towards hybrid or broader money market rate, with access to select ...

RBI adds auto-bid option for T-bills on Retail Direct p...

The new functionality allows systematic investment and reinvestment in primary a...

One-time payments push up Equitas Small Finance Bank lo...

The loss was attributed to additional standard asset provision of ₹185 crore in ...

GIC Re Q1 profit jumps 69% to ₹1,752 cr

Total income of the re-insurer rose to ₹13,352 crore in the June quarter, compar...

ICICI Lombard partners with Mahindra Finance to expand ...

The collaboration aims to leverage Mahindra Finance’s extensive rural and semi-u...

ICICI Bank reports lowest attrition rate among private ...

The employee attrition rate at the country's second-largest private sector bank ...

RBI panel calls for building AI policy framework for fi...

Committee urges guidance, governance, and liability rules for responsible AI ado...

RBI rate cut in October MPC meeting looks unlikely as i...

The report adds that bond yields are unlikely to moderate until there is clarity...

A ₹292.40 crore, Karnataka Bank’s Q1 net down 27%

Karnataka Bank aims to focus on the retail, agriculture, and MSME segments while...

Edme Insurance Brokers acquires Indian arm of UIB Inter...

The transaction, a collaboration with majority shareholders Indorama SPL Group a...

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