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Retail inflation eases to 3-month low of 5.1% in January, IIP grows 3.8% in December

Retail inflation eased to a three-month low of 5.1% in January mainly on account of lower food pric…

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Karnataka Bank Q4 net profit falls by 56% as provisions and contingencies prepare for bad loans

Sequentially, net profit in the three months to March declined significantly from Rs 123.14 cro…

PTI   


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1 min read

RBI imposes penalty on Bank of India, Karnataka Bank

In a statement, RBI said it has imposed a monetary penalty of Rs 5 crore on Bank of India (BoI) fo…

PTI   


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Karnataka Bank, Bank of India and Saraswat Bank get fined by the RBI for hiding bad loans

The Reserve Bank of India (RBI) has imposed a penalty on three banks for not complying with the reg…

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Vanished savings, trading down to cheaper essentials – life in rural India hit by a wilted Rabi crop

This Rabi crop has been cursed by weather gods since the beginning as unseasonal rains had hit t…

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India ranks 116 in World Bank's human capital index

Washington, Sep 17 () India has been ranked at the 116th position in the latest edition of the Worl…

PTI   


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Here’s what will happen to new currency notes seized during raids to check black money

In this regard, the ED has asked zonal units to deposit new currency notes along with all other cur…

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4 mins read

India’s ‘labour reforms’ need these three safety nets⁠— or else the people will be exposed to exploitation

At least six Indian states decided to use the COVID-19 economic crash to push through some difficul…

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6 mins read

Can Congress' basic income scheme end India's poverty?

In case of the just launched PM-Kisan scheme only landowners who own less than two hectares …

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How to check the balance sheet of Catholic Syrian Bank?

CSB has its strong roots in Kerala and enjoys a considerable presence in the southern states o…

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Lockdown Day 7: Banks begin loan moratorium measures, but concerns mount over job losses and pay cuts

New Delhi, Mar 31 () Seeking to ease hardships faced by people during the ongoing lockdown, severa…

PTI   


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A crucial swing state in India is upset over a patchy loan waiver and that may be an advantage for Narendra Modi

As voters assess the 241 candidates, which include 133 Independents, in the following constit…

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5 mins read

SBI slashes home loan rates, here's a comparison of home loan rates of all major banks in India

SBI has recently revised the interest rates on its loans which work out to the advantage of the bo…

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1 min read

Enforcement Directorate busts illegal conversion of notes racket in Karnataka, seizes Rs 93 lakh in new notes

Rs 93 lakh in new notes of Rs 2000 have been seized in the case. Officials said the agency placed t…

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4 mins read

Farmer Suicide: The challenge of disparity in India

Today, we ought to be more concerned about the issues of poverty from economic and social viewpoint…

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ED attaches 32 properties worth ₹70 crore in fraudulent TDS refund case

The Directorate of Enforcement (ED) has attached 32 properties, both including immovable and movabl…

ANI   


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MSMEs on a growth path with rise in credit demand, fall in delinquency rates: CIBIL-SIDBI report

Credit demand grew at 1.29 times YoY in the quarter ending September 2022. MSME lending continues …

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Five Star Business Finance lists at 5% discount in line with grey market expectations

Shares of NBFC Five Star Business Finance listed at ₹449.95 on Monday, as against the issue price o…

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India’s microfinance loan portfolio stands at ₹3 lakh crore with 6 crore unique borrowers

The Indian microfinance loan industry today serves 6 crore unique borrowers having 11.8 crore loan …

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Five Star Business Finance IPO set to open on Nov 9; price band at ₹450 to ₹474 a share

The initial public offering (IPO) of non-banking financial corporation Five Star Business Finance, …