With 42 accounts having a loan exposure of Rs 3 lakh crore pending a swift resolution (including those accounts referred for insolvency proceedings), the overall credit provisioning for banks
The Union cabinet on Wednesday approved bringing out an ordinance to introduce certain changes in the Insolvency and Bankruptcy Code (IBC). “Some changes are proposed….
Lost money in a cyber fraud? Now, you can insure yourself against financial losses arising from cyber frauds.
Indian bond yields fell sharply on Monday after the Reserve Bank of India (RBI) announced scrapping its plans of selling bonds worth Rs 10,000 crore via open market operations (OMO) following Moody
India’s first rating upgrade in nearly 14 years by Moody’s Investor Service is likely to be positive for both bond and the currency market.
Wading into surplus dividend issue, the RBI employees union has asked the government to desist from “arm-twisting” the central bank for funding Rs 1.35 lakh crore bank recapitalisation programme.
For the first time in a span of nearly 14 months, the 10-year bond yield rose to 7.05 per cent on Tuesday.
Private life insurer HDFC Life Insurance will launch its Rs 8,700 crore IPO on Tuesday. The price band has been fixed from Rs 275 to Rs 290 per share.
As demonetisation of Rs 500 and Rs 1,000 bank notes completes one year on November 8, there is a widespread apprehension that the government may phase out Rs 2,000 notes, which were introduced afte
State-owned non-life insurer New India Assurance will launch its Rs 9,600 crore IPO on Wednesday. The price band has been fixed at Rs 770 to Rs 800 per share.