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Articles for Banking & Finance

National Insurance Company Registers Profit Of Rs 424 Cr In Q2 FY24

In the first quarter of FY24, the company has recorded a loss of Rs 379.28 crore

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ADB Okays $100 Mn Loan To Improve Tripura's Tourism, Urban Infra

It will improve 21 km of urban roads that will incorporate features that respond to the needs of the elderly, women, children and disabled

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GST Dept Investigates Aviva Life Insurance Office For Alleged Tax Evasion: Sources

The Directorate General of GST Intelligence has also seized laptops and questioned officials including India CEO Asit Rath and Chief Financial Officer Sonali Athalye

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Insurers Must Monitor, Prevent Product Mis-Selling: Insurance Ombudsman Delhi

Insurance Ombudsman for the Delhi region, Sunita Sharma, stressed the importance of treating customers well and avoiding mis- selling practices

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SBI Report Highlights India's Labour Market Shift In Structure

Shifts in labour market dynamics and education drive transformation, SBI report highlights

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Small Finance Banks May Switch On Merger And Acquisition Mode

AU Small Finance Bank's move to acquire Fincare Small Finance Bank may encourage other small finance banks to explore inorganic opportunities, especially in terms of mobilising public deposits

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Japan's Top Bank Mitsubishi UFJ Sees Q2 Profit Triple

This increase, reaching 368.89 billion yen (USD 2.43 billion) for July-September, was supported by robust lending margins both domestically and internationally

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PSU Banks’ Bad Loan Provisioning Falls In Q2 Amidst Improving Asset Quality

The provisioning for bad loans or loan loss provisioning for the 12 listed PSU banks has fallen to Rs 16,552 crore as compared with Rs 16,875 crore in the previous quarter and Rs 18,138 crore in a year-ago quarter

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