Banking & Finance

The size of the company’s balance sheet as of March 31, 2024, was Rs 58,171 crore as against Rs 45,546 crore in the same period last fiscal.

Bajaj Finance is the largest of the financial services verticals of the Bajaj group and is under the holding company Bajaj Finserv which is a publicly traded entity.

Shares of Kotak Mahindra Bank crashed by as much as 12 per cent in morning trade on Thursday to Rs 1,620 on BSE as investors dumped the stock following the RBI crackdown on the lender.

SACE'S Fist JPY-Dominated Loan Transaction will help gain support for sustainable development projects in India: CMD Devangan

As per income tax rules, if a Permanent Account Number (PAN) is not linked with biometric Aadhaar, TDS is required to be deducted at double the applicable rate.

Axis Bank reported better-than-expected number in Q4 led by better NIMs and higher treasury gains and supporting other numbers

The Key Fact Statement rules, which will help borrowers make smart choices with their money, will apply to all types of loans for individuals, small businesses

Five of the six MPC members had voted for status quo in the policy rate and policy stance.

Ottawa: The government of Canadian Prime Minister Justin Trudeau on Tuesday unveiled a federal budget that seeks to woo young voters while asking the wealthy to pay higher taxes. Trailing his main rival, conservative leader Pierre…

The International Monetary Fund now expects the world economy to grow by 3.2 percent this year, up 0.1 percentage point from its previous forecast in January.

The move comes with gold projected to top the $2700 per ounce mark this year amidst rising geopolitical tension in the Middle East

SBI denied information, citing two exemption clauses given under the RTI Act: Section 8(1)(e) that is related to records held in a fiduciary capacity and Section 8(1)(j) that allows withholding personal information.

On the expected compression in interest margins, driven by rising deposit cost, they said expectations of a rate cut in the second half of the fiscal can also lead to margin pressure...

Das said banks may need to do more to facilitate the use of the forex retail platform of the RBI.

Between February 2023, when the central bank last whacked up rates and now, inflation and growth are going in downward and upward directions respectively, just as they should. The repo rate, or the rate at which RBI lends to banks, stands…

Ghosh will leave the bank as its managing director and chief executive on completion of his current tenure on July 9, 2024, the bank said in an exchange filing.

Paytm said, “We deny any claims of layoffs within the company. Our focus continues to be on growth, innovation, and delivering seamless services. We urge stakeholders to rely on official communications for accurate information.”

Under the new rules, specific percentages of total premiums will be paid out based on year of surrender.

An investigative report on 'Article 14' portal claims to have unearthed continuing, widespread malpractices in enrolling customers into central government's insurance schemes

The UK housing crisis, long regarded as one of the country's most glaring social problems, has been sparked by a historic shortage of affordable housing which has pushed up rents and house prices.