» 2015-06-25

Tata AIG General Insurance Co, one of India’s top insurers, has been pulled up by the country’s top consumer court after the company claimed that it did not insure a […]

» 2015-06-22

Nilesh Shivji Vikamsey has been appointed as Part-Time Chairman of Federal Bank and the appointment has been approved by the Reserve Bank of India, the bank said. CA. Vikamsey, who […]

» 2015-06-17

Lakshmi Vilas Bank increased the savings interest rates to 5% on balances upto ₹5 Lakhs and 6% on balances above ₹5 Lakhs to garner low-cost deposits. At present, most banks […]

» 2015-06-15

ICICI Prudential, India’s fifth biggest mutual fund by equity holdings, increased its cash holdings in May by selling most of its holdings in Bharti Airtel and much of its holdings […]

» 2015-06-10

In keeping with the overall decline in lending and deposit rates, Federal Bank has cut the interest rates offered on domestic fixed deposits by 0.50 to 0.25 percentage points. The […]

» 2015-06-03

MMP Mobi Wallet Payment Systems, a subsidiary of Tata Teleservices, announced a tie up today with Manappuram Finance, one of India’s leading gold loan NBFCs, for providing online repayment option […]

» 2015-06-03

Bharti Airtel, India’s biggest telecom company, will raise funds by issuing ten-year, dollar-denominated bonds, the company said in a statement. The bonds are expected to be listed on the Singapore […]

» 2015-06-02

Pointing to a flattening out of the disinflationary trend, Emkay Global Financial Services said the Reserve Bank of India is unlikely to continue much farther with the ongoing rate-easing cycle. […]

» 2015-05-18

State Bank of India, the country’s biggest bank has expressed concern over continuing weak demand in the economy due to “entrenched disinflationary impetus and weak demand,” and suggested that the […]

» 2015-04-02

Private Equity firms invested about $2,646 million across 124 deals during the quarter ended March 2015, according to early data from Venture Intelligence, a research firm focused on private company […]

» 2015-03-11

The Indian government’s poor financial condition is the weakest aspect of India’s credit profile, international ratings agency Moody’s has said, adding that state-owned banks’ poor assets are another area of […]

» 2015-03-09

The Indian mutual fund industry’s assets under management crossed the Rs 12 trillion mark in February, ending at 12.02 trillion, according to the monthly numbers released by the Association of […]

» 2015-02-12

On the heels of revising the way in which the Gross Domestic Product or GDP of the country is calculated, the Central Statistics Office has revised the parameters for calculating […]

» 2015-02-06

IDBI reported a net profit of Rs 103 Crore for the quarter ended December 31, 2014 as against Rs 104 Crore for the quarter ended December 31, 2013. Total business […]

» 2015-02-06

The Indian mutual fund industry’s assets under management (AUM) rose 12% or by Rs 1.30 trillion in January 2015 to Rs 11.81 trillion, according to the monthly numbers released by […]

» 2015-02-06

Deutsche Bank said it is likely that the Reserve Bank of India would next cut policy interest rates in early March, and follow that up with more cuts through this […]

» 2015-02-03

Reserve Bank of India governor Raghuram Rajan today kept key interest rates unchanged, even as he reduced mandatory cash-reserve requirements for banks in an effort to make more money available […]

» 2015-02-02

Almost no one in the analyst community expects Reserve Bank of India Governor Raghuram Rajan to cut key interest rates during his monetary policy review tomorrow. Rajan was widely expected […]

» 2015-02-02

Close on the heels of Airtel tying up with Kotak Mahindra Bank, Mukesh Ambani’s Reliance Industries Ltd has announced that government-controlled State Bank of India will be its partner in […]

» 2015-01-20

The recent cut of a quarter of a percentage point in key interest rates by the Reserve Bank of India will not have any immediate impact in rates charged by […]

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