Lower treasury gains and losses due to falling bond prices and elevated provisioning on the back of ageing of bad loans and on cases referred to National Company Law Tribunal (NCLT) will continue t
Intense competition continues to extract a heavy toll on public sector non-life insurance companies.
The New India Assurance is the largest non-life insurance company in the country. It got listed in November.
Making home and other retail loans cheaper to old borrowers in the New Year, State Bank of India (SBI) on Monday cut its base rate and its benchmark prime lending rate (BPLR) by 30 basis points (bp
The Indian 10-year bond yields have been rising for the past five months, driven by strong supply, but weaker demand as rising crude oil prices pose risk to inflation and fiscal dynamics.
Even as recovery is underway, risks to inflation, current account and fiscal dynamics, in the midst of rising oil prices will impact the rupee which could depreciate to 68 levels in 2018.
The country’s largest general insurer, New India Assurance, will launch an insurance cover for insolvency professionals (IP) next month.
The government would do well by incentivising depositors to spare a part of their total deposits to buy bank bonds that provide guaranteed coupon rates on a half yearly basis and is tax free, sugge
The banking sector’s bad loan problem may not end any time soon, instead it could further aggravate, according to the Reserve Bank of India (RBI).
The rupee breached the 64-level vis-à-vis dollar on Tuesday before ending the day’s trade at a fresh three-month high of 64.03.