Posts

World Bank cuts India’s growth forecast by 40 bps to 6.3%

In FY2026/27 and FY2027/28, growth is expected to recover to 6.6% a year, on an ...

Bank of Baroda pares MCLR by 5 bps in 4 out of 5 tenors

This comes in the wake of the monetary policy committee voting by a 5-1 majority...

Rising household debts not worrisome, says SBI report

Two-thirds of household debt is of prime and above credit quality, the report said

Banks from France, UAE queue up at Gift City

Credit Agricole Corporate and Investment Bank, Natixis and Societe Generale from...

Pay rises for top India bankers seen widening gap with ...

Heads and directors at investment banks in India’s major financial hubs such as ...

Lilavati Trust says no dues owed to HDFC Bank

LKMM Trust has accused HDFC Bank MD & CEO Sashidhar Jagdishan of accepting a ₹2....

GIC Re moots ‘Parametric Insurance’ to cover natural ca...

This insurance cover, which will be offered by general insurers as and when it i...

Poonawalla Fincorp launches industry-first 24/7 fully d...

This innovative offering provides instant approval with a risk-first approach an...

Households could save ₹50K to ₹60K in loan repayments d...

This takes into account the fact that about 80 per cent of Banks’ retail and MSM...

RBI to discontinue daily variable rate repo auctions am...

The move to discontinue VRR auctions comes in the backdrop of the liquidity surp...

Bajaj Allianz Life achieves 99.29% claim settlement rat...

Bajaj Allianz Life Insurance, one of India’s leading private life insurers, achi...

HDFC Bank cuts MCLR by 10 bps; ICICI Bank slashes FD rates

Large PSBs including BoB, PNB, Bank of India, and Indian Bank have already slash...

Indian Overseas Bank launches online tool to find branc...

‘Locate IOB’ offers customers a simple and smart way to access addresses, direct...

RBI examining whether guidelines need to be framed for ...

There are reports of mis-selling of financial services such as insurance product...

Microfinance lenders must look beyond the conventional ...

RBI Deputy Governor also urges microfinance lenders to address high interest rat...

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