MUMBAI, Jan. 18 -- IDFC First Bank is taking a different approach to the credit card business, where it is a late entrant. Typically, issuers have looked at credit cards as a convenient payment model,... Read More
NEW DELHI, Jan. 15 -- The calendar year 2020 was not good for arbitrage funds. Most of them recorded their worst monthly performance in May 2020, where they saw negative returns. The one-year category... Read More
MUMBAI, Jan. 15 -- State-owned Power Finance Corporation (PFC) Limited will offer non-convertible debentures (NCD) from 15 January. The company is offering lower rates for short- and medium-term tenu... Read More
NEW DELHI, Jan. 12 -- Many borrowers have suffered financial stress due to the coronavirus pandemic. There were salary cuts, layoffs, and businesses were shut. Some have failed to repay loans and cred... Read More
New Delhi, Jan. 8 -- Mumbai-based Tarun Shetty, 36, was laid off from a brokerage house at the beginning of the year. He regularly paid equated monthly instalments (EMI) for two loans with Kotak Mahin... Read More
NEW DELHI, Jan. 8 -- In a world that is increasingly going digital, outages cannot be entirely ruled out. Recently, one of the world's biggest technology companies Google, suffered an outage that imp... Read More
New Delhi, Jan. 7 -- Unclaimed deposits with banks have been growing every year. By the end of the financial 2019, the total value of unclaimed deposits soared to around Rs.18,380 crore. A year back, ... Read More
New Delhi, Jan. 6 -- Investing in gilt funds may look attractive right now to many investors. The average returns of these funds are in double-digit in the past one year. Returns of dynamic gilt funds... Read More
New Delhi, Jan. 5 -- To aid innovation of new financial products, Reserve Bank of India (RBI) came up with guidelines for a regulatory sandbox. It invited fintech companies to be part of it and test t... Read More
New Delhi, Jan. 4 -- Last calendar year was not good for arbitrage funds. Most of them had their worst monthly performance in May 2020, where they saw negative returns. The one-year category returns ... Read More