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3 mins read
Bill to provide up to four nominees to a bank account introduced in Lok Sabha
Another proposed change relates to redefining 'substantial interest' for directorships, which could…
PTI
6 mins read
Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans
India's microfinance and unsecured loan sector is facing a crisis with rising NPAs that threaten ov…
2 mins read
52.81 crore Jan-Dhan accounts have deposited balance of over Rs. 2.3 lakh crore: Minister of State for Finance
About 35.15 crores or 66.6 per cent of PMJDY accounts have been opened in rural and semi-urban area…
ANI
7 mins read
Simply Put: Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans
India's microfinance sector faces increasing challenges due to rising defaults, affecting the stabi…
3 mins read
FIU imposes over Rs 1.66 crore fine on Axis Bank for failing to detect fraud NSG account
The Financial Intelligence Unit has slapped a fine of more than Rs 1.66 crore on Axis Bank for "fai…
PTI
4 mins read
Budget size almost unchanged from interim, shows govt's commitment to fiscal prudence: Experts
According to the Union Budget 2024-25 presented by Finance Minister Nirmala Sitharaman, the total e…
PTI
2 mins read
Union Bank to sell 8 troubled accounts worth Rs 3,000 cr to bad bank NARCL
Union Bank of India on Friday said it has identified eight troubled accounts worth Rs 3,000 crore t…
PTI
3 mins read
Al Pacino says he went from $50 million to broke, joining a long list of stars who've experienced money troubles
"Scarface" and "The Godfather" actor Al Pacino blamed his reckless spending, financial ignorance, a…
Theron Mohamed
2 mins read
Musk's X paid $5 million in fines to the wrong bank, Brazil's Supreme Court said
Paying the fine is the last hurdle for X's reinstatement in Brazil, which was its sixth-largest mar…
Lian Kit Wee
3 mins read
As Elon Musk's battle with the Brazilian government intensifies, another of his companies is facing trouble
First, a top Brazilian judicial official blocked access to X. Now, new reports indicate that the Sp…
Katherine Tangalakis-Lippert
3 mins read
India provided more climate finance in 2022 than many rich nations, noted recent report
India provided $1.287 billion in climate finance to other developing countries through MDBs in 2022…
PTI
5 mins read
3 money mistakes even accounting professionals make, according to a personal finance expert who worked at EY and PwC
A former Big Four employee, who's now a financial literacy expert, shared three personal finance mi…
Charissa Cheong
2 mins read
Daily digital transactions in India via UPI equivalent to population of EU, highlights PM Modi
In the first 20 days of August alone, India recorded a staggering 9,840.14 million UPI transactions…
ANI
3 mins read
"Outrageous allegation!": Nirmala Sitharaman reacts to opposition protesting budget, labeling it 'discriminatory'
"I would challenge the Congress party that for all the budget speeches they have delivered. Have th…
ANI
3 mins read
Street to keep a hawk eye HDFC Bank’s net interest margin and deposit growth trends
HDFC Bank’s merger with parent HDFC Limited has expanded its book but affected its profitability. I…
2 mins read
Gold shines as demand for safe haven asset strong; Infomerics Ratings anticipates 10% price jump this year
Historical trends, such as the surge during the Russia-Ukraine war, highlight gold's role as a safe…
ANI
2 mins read
Discouraging retail play in F&O may help banks garner deposits: SBI Chairman
Khara said the budget announcements like the tweaks on the short-term and long-term capital gains w…
PTI
4 mins read
From ‘Copycat’ to ‘Kursi Bachao Budget' — Here’s what Rahul and other Congress leaders had to say about Budget 2024
Congress alleges BJP copied ideas from their manifesto for Budget 2024, sparking a heated debate on…
2 mins read
Customers at several small-sized banks affected as tech provider C-Edge suffers ransomware attack
The issues are being faced for the last two days after the discovery of a breach of the system…
PTI
4 mins read
Union Budget 2024: When will it be presented, what time, where to watch and what are various sectors expecting?
Budget 2024 will be marked by major social and economic decisions, Sitharaman had recently noted in…