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7 mins read
Secured Loans 2.0 — why more and more Indians are turning to gold, shares and mutual funds to get loans
Indians are increasingly turning to secured loans like gold loans and loans against securities (LAS…
2 mins read
Silver touches Rs 1 lakh mark on MCX march contract
Silver prices have reached a significant milestone on Monday, touching Rs 1,00,000 on the Multi Com…
ANI
2 mins read
Punjab's capital expenditure lowest in FY25 at 6.2% vs highest of Gujarat at 36.2%: NSE
In FY25, Punjab is set to experience financial challenges as its capital-to-revenue expenditure rat…
ANI
2 mins read
Net NPAs of Indian banks dropped by 24.9% and Gross NPAs by 15.2% as of June 2024: CareEdge
The gross non-performing assets (GNPAs) of scheduled commercial banks (SCBs) fell by 15.2 per cent …
ANI
3 mins read
Loan-to-deposit ratio will subside on its own in coming months, notes Motilal Oswal report
As of 9th August, 2024 the Indian banking sector's loan-to-deposit (LD) ratio stood at 77.2 %, whic…
2 mins read
Lower money creation by RBI, substantial rise in banks profits behind decline in loan-to-deposits ratios in banks: Nomura
One of the contributors to the decline in systemic LDR is the lower net money creation by the RBI o…
ANI
3 mins read
SBI report dismisses bank deposit concerns as a 'Statistical Myth'
As Finance Minister Nirmala Sitharaman hold a review meeting with heads of Public Sector Banks and …
ANI
1 min read
IREDA Q1 results: Profit after tax jumps to Rs 38,369.34 lakh
On a year-to-year basis, the company also succeeded in bringing down its net non-performing asset r…
1 min read
RBI to hold rates, may sound more confident of reaching inflation target, says report
The rate-setting panel may prefer to stick to the 'withdrawal of accommodation' stance of the mon…
PTI
2 mins read
Credit offtake expanded by Rs. 20.4 lakh crore, deposits by Rs 23.9 lakh crore over the last 12 months
Credit offtake is a type of bank credit that assists businesses in getting financing for future pro…
ANI
2 mins read
Doctor-population ratio in India better than WHO standard, says Govt
Under the Central Sector Scheme for setting up of new AIIMS, 22 AIIMS have been approved and underg…
1 min read
No need for concern about job losses as unemployment rate will fall below 3% in future: Labour Minister
The current unemployment rate of 3.2 per cent has come down from 6 per cent in the 2017-18 period.
PTI
3 mins read
RBI proposes higher liquidity coverage ratio for retail deposits, creation of level-1 high quality assets
The Reserve Bank of India (RBI) has issued a draft circular on the Basel III framework regarding li…
2 mins read
HDFC bank sees muted quarterly business; share drops 4.15% during trade today
Anticipating that HDFC Bank's foreign inclusion factor to increase from 50% to 100% in the MSCI Ind…
2 mins read
Dogs, coconuts and monkeys: Insure your vehicles from their mayhem right now!
Digit Insurance, backed by Virat Kohli, reported paying out Rs 1.68 crore in claims for over 1,500 …
1 min read
Brewing brilliance: 5 essential tips for cold brew success
Brewing brilliance: 5 essential tips for cold brew success
3 mins read
India's population reaches 144 crore, to double in 77 years: UNFPA report
India's population is estimated to have reached 144 crore, with 24 per cent in the 0-14 age bracket…
PTI
2 mins read
Mcap of BSE-listed firms hits new peak at ₹3.91 lakh cr; investors add ₹2.20 lakh cr
Investors became richer by Rs 2.20 lakh crore on Monday and the market capitalisation of BSE-listed…
PTI
2 mins read
RBI decides to withdraw incremental CRR in phased manner and release it by Oct 7
The Reserve Bank on Friday decided to discontinue the Incremental Cash Reserve Ratio (I-CRR), wh…
2 mins read
RBI’s temp measure to absorb surplus liquidity caused by ₹2,000 note inflows
The Reserve Bank of India (RBI) on Thursday said that scheduled banks shall maintain an incremental…