Mumbai, Sept. 4 -- Gold lending industry lobby plans to seek self-regulatory organization (SRO) status from the Reserve Bank of India, citing its growing size and unique rules applicable to the busine... Read More
MUMBAI, Sept. 1 -- Gold has always been Muthoot Finance Ltd's crown jewel. But can it also rescue struggling businesses? Vehicle finance and microfinance arms, once seen as growth drivers, faltered a... Read More
Mumbai, Aug. 29 -- Shriram Finance is reworking its lending strategy amid slower growth in vehicle finance and focusing on emerging segments such as renewable energy, merchant credit, fisheries, and s... Read More
Mumbai, Aug. 25 -- State-run Bank of Maharashtra aims to raise at least Rs.2,000 crore by selling shares through a qualified institutional placement (QIP) or an offer for sale this financial year to r... Read More
Mumbai, Aug. 22 -- India's state-owned banks are sounding more upbeat than their private peers when it comes to corporate lending. SBI, PNB and Bank of Baroda have all lined up massive sanctioned loan... Read More
MUMBAI, Aug. 18 -- The country's largest lender, State Bank of India (SBI), and fellow public sector major Union Bank of India have raised home loan interest rates by 10-25 basis points, even as the b... Read More
Mumbai, Aug. 12 -- The country's largest insurer Life Insurance Corp (LIC) of India deserves a better valuation from the market on the back of an improved customer service and the stronger product por... Read More
Mumbai, Aug. 9 -- Having received the Reserve Bank of India's (RBI) in-principle approval to transition to a universal bank,AU Small Finance Bank Ltd's founder and managing director Sanjay Agarwal sai... Read More
Mumbai, Aug. 7 -- Life Insurance Corporation of India's (LIC) foray into health insurance is delayed due to likely regulatory and policy changes in the broader sector and due to the weak growth enviro... Read More
Mumbai, Aug. 6 -- The Reserve Bank of India on Wednesday issued final guidelines on co-lending arrangements, mandating that each lender that is part of such a mechanism must keep at least 10% of the l... Read More