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Articles for Banking & Finance

ED searches Religare Finvest Offices In Alleged Rs 2,000 Cr Diversion Case

According to reports, the agency seized incriminating documents and digital evidence during these searches

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Personal Loan Segment Breaches Rs 50 Lakh Crore Mark In November 2023

Credit growth in the personal loans space continues to also be driven by the miniaturisation of credit, increased use of credit bureaus for faster decisions and an increase in e-commerce transactions

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NARCL's CEO, Natarajan Sundar, Steps Down; Canara Bank CGM Takes Interim Charge

Santhosh's extensive experience from Canara Bank is anticipated to guide NARCL through this transitional period

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LIC Faces GST Authority's Demand Of Rs 1.91 Cr

Despite this, the corporation has confirmed that this development won't notably affect its financial standing, operations or overall activities

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Highest In Last Two Decades: Indian Investment Bankers Earn $1.3 Bn In Fees

State Bank of India is the top earner for overall investment banking fees, earning a total of USD 102.7 million, accounting for 7.7 per cent of India's investment banking fee pool

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RBI's VRR Auction Sees 2.8-Fold Bids

The central bank approved bids at a 6.68 per cent cut-off rate, lower than the 6.75 per cent MSF (Marginal Standing Facility) rate

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SEBI Strengthens Rules On Short-Selling

Short-selling, which involves selling stocks the seller doesn't own at the time of trade, is a practice allowed for both retail and institutional investors

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Govt's FY24 GDP Projection Surprises At 7.3% Upswing

This estimation surpasses the Reserve Bank of India's recent revision to 7 per cent

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