Country's largest bank SBI today said it expects 14 to 15 per cent growth in credit off-take during the current financial year even as economic indicators are improving, said a
The Reserve Bank today cancelled licences of five non-banking financial companies (NBFCs) including Unichem Finance & Enterprises Pvt.
The companies all of which belongs to Kolkata cannot
Falling for the fourth straight day the rupee today weakened by another 11 paise to 60. 64 against the US currency in early trade at the Interbank Foreign Exchange
Taxation of restaurant supplies was fairly simple and straightforward till 2011, when service tax was imposed on air-conditioned and centrally-heated restaurants. Till such time, restaurants across the country levied
The Reserve Bank today said bank accounts will not become inoperative if a dividend cheque has been credited in it in the previous two years.
"Since dividend on shares is
Indian banks can now issue Tier 2 capital with a minimum original maturity of 5 years as against 10 years previously, the Reserve Bank of India (RBI) said in a
ICICI Bank the country’s largest private lender has announced a single rate of 10. 15 per cent for all floating rate home loans up to Rs 5 crore
Private insurer HDFC Life today launched a health insurance product – Health Assure Plan - that aims to provide a comprehensive health cover.
The plan offers reimbursement of medical expenses
State-run United Bank of India today became the first lender to declare debt-ridden Kingfisher Airlines and its promoter Vijay Mallya as wilful defaulters.
"We have declared Vijay Mallya and three
As Prime Minister Narendra Modi sought greater investments from Japan, financial sector giant Nippon Life today said it will partner Anil Ambani-led Reliance Group for a proposed 'Reliance Bank' and
- Payout on Franklin Templeton plan
FT Capital Protection Oriented plan has announced up to 100 per cent of distributable surplus as dividend.
- Canara Robeco declares dividend
Canara Robeco Interval Series 2 has declared up to 100 per cent of distributable surplus as dividend.
- Payout on HSBC MF plan
HSBC Mutual Fund has declared up to 100 per cent of distributable surplus as dividend on HSBC Fixed Term Series 30.
- Dividend on Kotak MF
Kotak Mutual Fund has announced up to 100 per cent of distributable surplus as dividend on Quarterly Interval Plan Series 8.
- UTI Mutual Fund declares dividend
UTI MF has declared up to 100 per cent of surplus as dividend on UTI Quarterly Interval Fund Series IV.
- Payout on Bharti AXA scheme
Bharti AXA Mutual Fund has declared dividend on weekly frequency on Bharti AXA ST Income Fund.