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Articles for Banking & Finance

ED Attaches Assets Worth Rs 5,115 Cr In Amtek Group Loan Fraud Case

According to an ED statement, the accused illegally diverts bank loans worth Rs 27,000 crore

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Bank Fraud Case: ED Attaches Immovable Properties Worth Over Rs 78 Cr Owned By Gautam Thapar

Gautam Thapar was arrested by ED in this case, and currently he is out on bail on health grounds

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Simplifying Bajaj Housing Finance IPO With the One-Click IPO Feature

The IPO of Bajaj Housing Finance is sure to attract a lot of attention as the company has a good reputation in the market

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RBI Imposes Penalties On Three Housing Finance Cos For Non-compliance With Directions

It has imposed a monetary penalty of Rs 5 lakh on Godrej Housing Finance, Rs 5 lakh on Aadhar Housing Finance, and Rs 3.5 lakh on Housing and Urban Development Corporation

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Ultra Short Duration Fund - Should you Invest?

These funds are a great option for short term liquidity management and parking aside emergency funds

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5 Credit Card Scams and How To Stay Safe

Using antivirus softwares and password managers on your devices can help add an additional layer of security

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Irdai Member Flags Alarming Rise In Life Insurance Misselling Complaints

Irdai Member Satyajit Tripathy reported a surge in complaints about product misselling in life insurance, with 1,24,293 grievances registered in FY23, where 20 per cent were related to unfair business practices, while non-life insurers faced 78,347 complaints, 66 per cent of which pertained to claim issues

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Loan-to-deposit Ratio To Subside On Its Own In Coming Months

The Indian banking sector's loan-to-deposit (LD) ratio stands at 77.2 per cent slightly below its recent peak of 78.2 per cent

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