The reverse mortgage scheme has been approved recently by the government through which a retired couple can generate regular cash flow from their home by borrowing against it to meet

High provisioning for third-party motor pool and higher claims ratios in the group health insurance portfolio have pulled down profits for most general insurers in financial year 2011-12, despite a

The country’s largest private mobile operator Bharti Airtel has tied up with Axis Bank to provide a limited range of banking services to its customers without a bank account.

The Reserve Bank of India (RBI) may be forced to take measures beyond just intervention in the forex market after the rupee plunged to an all-time low of Rs 54.

Private sector lender Federal Bank today launched two premium debit cards exclusively targeted at its HNI customers, apart from a premium travel card.
While the two cards -- Premium Master

As the rupee hit its record low level of Rs 54. 46 against dollar the Finance Ministry today said there was no need to panic and the slide would

The rupee slumped to a record low against the dollar on Wednesday as the global risk aversion added pressure on a currency already under fire from the country's current account and fiscal deficits.

The Reserve Bank of India (RBI) accepts that it is fighting a losing battle in trying to stem a fall in the rupee, a slide that has mirrored the slump

Contrary to popular perception of fickle nature of individual investors in equity funds, it is actually the corporate investors in debt funds who are proving to be volatile in their

In an attempt to make it easy for customers who could potentially be a target for the financial inclusion drive, the Insurance Regulatory Development Authority (Irda) is looking at strengthening