Quantitative Impact Study-1 (QIS-1) has been concluded and analysed, while QIS-2 is currently under evaluation, says SBI Life's Chief Risk Officer Bal
Over 14 months beginning December 2024, RBI injected almost Rs 18 trillion of permanent liquidity. Yet, yields hardened. This was because large-scale dollar sales by the central bank offset the liquidity surge
The real damage from SC’s ruling on spectrum is not recoveries but the caution on lending to telcos now
The local currency has been held back due to a combination of factors such as global macroeconomic uncertainty and lack of FPI/FII inflows.
Data shows a notable jump in the segment -- both on a year-on-year and financial year basis
The 10-year benchmark bond yield was at 6.6693%
The currency fell marginally on February 17 as a lack of clear direction in the market kept traders cautious
The credit ratings agency upgraded Piramal Finance to 'BB' from 'BB-’
At the heart of the project sits a structural paradox — the platform seeks to unify an ecosystem whose strongest participants are, at the same time, contenders
The lender's biggest ever bond issue includes a Rs 500 crore base and a Rs 1,500 crore green-shoe option, the company said on February 16
The new RBI draft rules for advertising, marketing and mis-selling of financial products aim to strengthen consumer protection and curb malpractices in financial institutes
The rupee was trading at 90.65 to the dollar after ending the previous session at 90.60
Such outsize paychecks for bank CEOs haven’t been seen since before the financial crisis.
On the launch of 'Startup Banking Branch Network', the lender said it has operationalised exclusive Startup Banking branches in Delhi, Mumbai and Bengaluru following the success of its maiden 'Startup Banking' branch in Chennai.
The current framework allows insurers to cross-subsidise loss-making wholesale and regulated segments using profits from retail business, creating pricing distortions, Rau tells Moneycontrol
In the backdrop of a shallow talent pool for the top job at private banks, isn’t it time to widen the search and look overseas
The currency edged lower on on February 13 after the dollar gained back some of its ground
Dependency on certificates of deposit has increased in recent times
The benchmark Indian bond yield rose 2 bps on February 12
The boost to exports from the trade deals with the US and Europe is making companies build capex plans, a boon for banks
Stronger banks will pay less, weaker banks will pay more, and the rules of risk are being rewritten
The benchmark government bond yield fell late in trade on February 10 after the state government bond auction drew strong demand
The global bank released the ‘India and the Energy Transition’ report on February 10, which showed that 83% of the corporates were confident that India will meet its net-zero goals
The benchmark Indian bond yield rose to 6.75%
The General Insurance Council has finalised standard treatment and admission guidelines for seven of the country’s most common infectious diseases following extensive consultations with healthcare providers