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Reserve Bank announces new UPI featuresBusiness
Reserve Bank announces new UPI features

Mumbai: To ease customer experience in payment system, especially in UPI, the Reserve Bank of India on Thursday...

10 Aug 2023 10:25 PM IST

Nirmala Sitharaman Asks Banks Not to Take Harsh Steps For Loan RecoveryBusiness
Nirmala Sitharaman Asks Banks Not to Take Harsh Steps For Loan...

MUMBAI: Union Finance Minister Nirmala Sitharaman on Monday said that both public and private sector banks have been...

25 July 2023 12:09 AM IST

Insurers stare at massive claims from Delhi and north IndiaBusiness
Insurers stare at massive claims from Delhi and north India

MUMBAI: Insurers companies are bracing for a large number of claims from Delhi and parts of Northern India affected by...

15 July 2023 2:48 AM IST

SC dismisses plea against RBI notification allowing exchange of Rs 2k otes without IDNation
SC dismisses plea against RBI notification allowing exchange of Rs 2k...

Mumbai: The Supreme Court on Monday dismissed a plea filed by a lawyer against the Reserve Bank of India's decision...

11 July 2023 9:59 AM IST

RBIs draft norms allow customers to switch card networksBusiness
RBI's draft norms allow customers to switch card networks

Mumbai: The Reserve Bank of India (RBI) on Wednesday issued a draft circular asking banks and non-bank lenders to issue...

5 July 2023 10:08 PM IST

Inflation may force RBI to hike rate once againBusiness
Inflation may force RBI to hike rate once again

Mumbai: It will be a catch-22 situation for India’s rate setting panel when it meets for three days —...

3 April 2023 1:15 PM IST

Mukesh Ambani gets back his richest indian tag once againBusiness
Mukesh Ambani gets back his richest indian tag once again

The 66-year-old industrialist has overtaken Gautam Adani (61) to bag the richest Indian title

23 March 2023 1:32 PM IST

SBI sold 4.5 per cent stake in SBI Life Insurance in September as part of its effort to increase public float as per the regulation.Business
SBI loans get costlier, deposits to fetch more

Mumbai: Close on the heels of the Reserve Bank of India (RBI) raising its benchmark repo rate, a host of banks have...

16 Feb 2023 1:49 PM IST

Non-life AUM too is expected to grow by 15 to 16 per cent from Rs 1.7 lakh crore to Rs 3.85 4.15 lakh crore in the next 5 to 6 years. The new annualized business premiums of life insurance sector and gross premiums of non-life will also grow at a similar pace.Business
Income from high value insurance policies taxable

Mumbai: Come April 1, income from traditional life insurance policies (other than Ulips) with an aggregate premium...

2 Feb 2023 12:35 AM IST

People watch Finance Minister Nirmala Sitharaman presenting the Union Budget 2023-24 in Parliament, at an electronics store in Patna, Wednesday, Feb. 1, 2023. (PTI Photo)Business
No income-tax upto Rs 7 lakh in new tax regime

A person earning Rs 9 lakh a year will now be paying just Rs 45,000 instead of Rs. 60,000 currently

1 Feb 2023 1:27 PM IST

If you know the health risks that your family faces and have a clear understanding of your health needs, then buying health insurance in India can be an easy process.Business
Standalone health insurers set to get a bigger retail pie

Mumbai: The retail health insurance segment has the potential to become a $25-billion market in the next five years from...

27 Jan 2023 12:26 PM IST

IDBI Bank files insolvency plea against Zee Entertainment to recover Rs 149.60 crore. (DC Photo)Business
IDBI Bank files insolvency plea against Zee Entertainment

MUMBAI: Private sector lender IDBI Bank has moved the National Company Law Tribunal (NCLT) against Subhash Chandra...

16 Dec 2022 1:05 AM IST

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