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More from financial services »


Sun, Sep 23 2018. 04 52 PM IST

No concern on liquidity of NBFCs: SBI chairman Rajnish Kumar

Rajnish Kumar said SBI lends support to NBFCs in private and public sector within the regulatory policy framework and will continue to do so

Sun, Sep 23 2018. 04 36 PM IST

Infosys, TCS, 3 other IT firms shortlisted to implement RBI’s CIMS

RBI had invited of expression of interest (EOI) in July for identification of solution provider for implementation of CIMS by overhauling the Data Warehouse (DW) of the apex bank

Sun, Sep 23 2018. 03 30 PM IST

Over 40% firms feel RBI may further hike rates: CII survey

The CII survey shows that firms are more than just optimistic ‘about the return of good times’ during the Q2 of the current fiscal, an indication of rising confidence about the future growth trajectory

Fri, Sep 21 2018. 07 40 AM IST

Worried Jet Airways lenders likely to seek faster loan repayments

A letter on behalf of the lenders was sent by Mashreq Bank to Jet Airways on Monday seeking a detailed response on loan repayments by 24 September

Sat, Sep 22 2018. 03 09 PM IST

Google tweaks privacy policy for Indian payment app after Paytm complaint

Paytm had complained that Google Pay’s privacy policy amounted to “clear disregard for a consumer’s need for privacy”

Fri, Sep 21 2018. 05 59 PM IST

Irdai raises minimum driver insurance cover to ₹15 lakh

Irdai directs all general insurers to provide a minimum capital sum insured of ₹15 lakh under compulsory personal accident cover for owner-driver under Liability Only to all classes of vehicles at the premium rate of ₹750 per annum for annual policy

Fri, Sep 21 2018. 10 42 PM IST

IL&FS unable to meet interest payment obligations

IL&FS was also unable to meet its obligations for a letter of credit payment to IDBI Bank, which were due on Thursday

Fri, Sep 21 2018. 09 12 PM IST

RBI releases guidelines on co-origination of loans by banks, non-deposit taking NBFCs

Under the new guidelines, NBFCs will take minimum 20% of the credit risk by way of direct exposure, with the balance being taken by banks

Fri, Sep 21 2018. 02 05 PM IST

DHFL shares slump 42% on default rumour, drag housing finance stocks as well

Indiabulls Housing Finance Ltd slumped 23%, Gruh Finance 15%, LIC Housing Finance Ltd 15% and L&T Housing Finance Ltd 12% on DHFL default scare

Fri, Sep 21 2018. 04 41 PM IST

Govt says 55,000 shell firms struck off in second phase

Non-filing of financial statements or annual returns for a continuous period of two years or more the main reason

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