The stock market and rupee recorded gains on Thursday, tracking European indices and Asian currencies amid Britain voting on European Union (EU) referendum. After opening the day at 67
Fullerton India Credit Company is expanding its reach in the rural market to cater to an anticipated increase in credit demand post-monsoons. And for this purpose, the company will
The Reserve Bank of India (RBI) on Thursday released the ‘Payment and Settlement Systems in India: Vision-2018’, aimed at building best of class payment and settlement systems for a ‘less-cash’
Investors often worry about their mutual fund running into problems leading to a restriction on the withdrawal of their investments. There has already been one such case
The merger of Aadhar Housing Finance and DHFL Vysya, two subsidiaries of the Wadhawan Group-owned Dewan Housing Finance (DHFL) will come through by the beginning of the next fiscal, that
The first-year premium collected by life insurers in May rose by 26. 6 per cent to Rs 10 610
The government is looking at consolidation among the 27 state-owned banks to create 4-5 large sized lenders, a process that will begin with the merger of SBI and its associates in the current fiscal.
Insurance regulator Irdai has allowed all life, health policies and pension plans with annual premiums of above Rs 10,000 to be issued in electronic form. Issuance of e-insurance policies
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