Finance News

Private life insurers outpace LIC in new business pr...

Life insurers saw a 16.6% rise in new business premium during the April-June ...

FCNR-B flows taper as higher costs trip math for dou...

Indian banks are experiencing a slowdown in special foreign currency deposit ...

Alliance Insurance Brokers helps settle Rs 1,100-cro...

Alliance Insurance Brokers settled over 1.5 lakh group health claims in FY26....

Punjab & Sind Bank gets approval to set up IFSC ...

This marks a step in the bank's journey towards expanding its international b...

PhonePe appoints Srijon Biswas as chief technology o...

Biswas will lead the fintech firm's engineering organisation as PhonePe doubl...

Credit cards are losing ground to small personal loa...

Credit cards are losing share in India's unsecured lending market as consumer...

S&P flags risks to Indian microfinance lenders' ...

India's $35 billion microfinance sector faces fresh risks as weak monsoon for...

Cost of free alerts: RBI’s SMS order may dent banks’...

Banks have also been given the flexibility of dropping mandatory alerts for l...

Private life insurers outpace LIC as industry new bu...

Life insurers saw a 16.6% rise in new business premium during the first quart...

South Indian Bank says RBI approves Mahesh Muralidha...

The Reserve Bank of India has approved Mahesh Muralidhar Pai's appointment as...

Geographic diversification helps SFBs revive microfi...

Small finance banks are expanding microfinance lending rapidly due to geograp...

Irdai asks state-run insurers to account for wage co...

Irdai has implemented a new requirement for state insurers to create annual p...

ARC consolidation: Govt weighs ASREC merger with NARCL

The government is considering a merger of ASREC Asset Reconstruction Company ...

NBFC credit driven by retail loans, RBI data shows

Loans against gold jewellery remained the fastest-growing segment, surging 70...

NBFCs' gold loans jump nearly 70 pc in May, fastest ...

Outstanding loans against gold jewellery stood at Rs 3.29 lakh crore at the e...

IDFC First Bank launches EPFO payment services

IDFC First Bank has launched provident fund payment services through its EPFO...

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