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Articles for Banking & Finance

Rupee Ends Flat On Back Of Expected Central Bank Intervention

The Reserve Bank of India likely sold dollars in the NDF (non-deliverable forward) and the OTC markets to prevent the rupee from falling towards its record low of 83.29 that it hit in October last year

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Tata AIA Introduces Pro-Fit: Worldwide Medical Cover, Wellness & Wealth Plan

This plan provides comprehensive coverage for one’s medical expenses and health & wellness benefits and presents an opportunity for wealth creation, which doubles up as a health emergency fund

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Mahindra Manulife MF Launches Mahindra Manulife Business Cycle Fund

The 'New Fund Offer' (NFO) is set to open on 21 August 2023, with the subscription window closing on 4 September 2023

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HDFC Mutual Fund Launches HDFC Nifty 1D Rate Liquid ETF

The Scheme aims to provide investment returns that, before expenses, correspond to the returns of the NIFTY 1D Rate Index

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Marching On

The impressive performance by India Inc. across key sectors such as banking, FMCG, automotive, and paints during Q1 marks a Goldilocks moment for the Indian economy

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AU Small Finance Bank Launch AU IVY Programme For Ultra HNI Customers

This initiative is built upon the foundation of cultivating long-lasting relationships and providing a collection of exclusive banking experiences

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Axis Bank Fined Rs 40 Lakh By CCI For Acquiring Stake In CSC e-Governance

The acquisition in question involved Axis Bank obtaining a 9.91 per cent stake in CSC e-Governance, which was finalised in November 2020, as stated by the CCI in its order

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HDFC Aims To Capitalise On India's Consumer Boom Beyond Home Loan Dominance

The bank's merger with HDFC has enabled it to extend home loan services to more than three times the locations, with plans to expand further

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