MUMBAI : Banks, non-banking finance companies (NBFCs) and fintech companies that are into the business of lending are looking at …
Bank strike impact: ₹23,000 crore worth of cheques held up
CHENNAI : Banking operations were largely affected in the country on Friday owing to the strike by bankers pressing for early …
RBI proposes Rs 200 crore minimum capital for small banks under ‘on tap’ licence regime
MUMBAI: The Reserve Bank of India (RBI) on Friday proposed a minimum equity capital of Rs 200 crore to set up a small …
Insurance regulator fines PolicyBazaar ₹1.11 crore for violating rules
The Insurance Regulatory and Development Authority of India (Irdai) has imposed a penalty of ₹1.11 crore on the PolicyBazaar, an insurance …
Private insurance companies receive Rs 46 crore premium in two years from railways, railways passengers : RTI
Rs 7 crore was paid in claims to railway passengers, says an RTI reply Private insurance companies received a premium …
Bharti AXA General Insurance posts maiden full-year profit at Rs 3 crore
Bharti AXA General Insurance, a private general insurer, has posted its first ever full year profit, recording net profit of …
Zee Entertainment Q4 profit up 26.8% at Rs 292.5 crore
MUMBAI: Subhash Chandra-owned Zee Entertainment EnterprisesNSE 5.53 % (ZEE) has posted a net profit of Rs 292.5 crore for the final quarter …
Cyclone Fani aftermath: Insurance claims may cross Rs 2,000 crore
The after-effects of Cyclone Fani is still being felt in Odisha four-days after it made landfall on May 3 with several …
Chennai: Fake cops con manager of jewellery worth Rs 12 crore
The manager of idol theft accused Kiran Rao was duped of jewellery worth Rs 12 crore and Rs 8 lakh …
HDFC Life Insurance net profit rises 5% to ₹364 crore in March quarter
NEW DELHI: HDFC Standard Life Insurance Friday reported a 5 per cent rise in standalone net profit to ₹364.01 crore for the …