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Articles for Banking & Finance

HDFC Life's Q4 Net Profit Up 15% To Rs 411 Cr, Beats Estimates

The total annual premium equivalent for the year stood at Rs 4,727 crore, down from Rs 5,162 crore in the previous year

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Morgan Stanley Issues $8 Bn In Bank Bonds Following Revenue Surge

Morgan Stanley's trading and wealth divisions exceed analyst forecasts, driven by robust earnings akin to Goldman Sachs Group Inc.

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Indian Banks Among Best-performing Lenders Versus Peers In Asia: S&P Global Market Intelligence

The aggregate assets of the lenders rose sharply by 50.5 per cent to USD 1.510 trillion in 2023, the report says

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Equity For Tax Savings: How ELSS Funds Stand Out

There are many tax savings instruments available in India. Among them, ELSS funds are one of the top preferred by investors. They come with multiple features and offer more benefits as compared to other tax savings products like Tax savings FD, NSC, PPF etc. In this article, we will study in detail why ELSS are better than others and stand out

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UBS To Cut More Jobs Post Credit Suisse Takeover, Hundreds Affected

Over a hundred jobs at risk in UBS layoffs post credit suisse merger, timing yet to be confirmed

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NPCI Greenlights Paytm To Initiate User Migration To PSP Bank Handles

Now, UPI users with @Paytm handles can generate new VPAs with partner PSP banks

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Indians Increasingly Spending Money On Mutual Fund Investments, Insurance, Trading: Razorpay Analysis

The homegrown fintech company analysed over a billion transactions processed on its platform during the past financial year, to know the spending habits of Indians

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IIFL Finance To Raise Rs 1,272 Cr Through Rights Issue Amidst RBI Ban On Gold Loans

The rights issue, scheduled to commence on 30 April and conclude on 14 May, offers existing shareholders an opportunity to augment their holdings at a discounted rate

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