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The countrys largest lender, State Bank of India (SBI), on Tuesday disclosed that the central banks inspection has found that it had under-reported bad loans by Rs 11,932 crore in 2018-19.

SBI under-reported close to Rs 12,000 crore bad loans

The bank had provided Rs 1.06 lakh crore for the bad loans but the provisions for the NPAs as assessed by the RBI was Rs...

11 Dec 2019 1:31 AM IST

Investors added risk in November as their portfolios are no longer explicitly geared to assets that outperform in a low growth & low inflation backdrop, the survey said.

Securitisation shores up retail loan growth figures

Consequently, the retail securitisation volume doubled last fiscal, and has soared 39 per cent in the first half.

11 Dec 2019 1:28 AM IST

The ICE had in March arrested 161 students from the fake university established by it. (Representational Image)

Engineering students learn Japanese

Japanese companies require graduates skilled in latest technologies like AI, Machine Learning, etc.

10 Dec 2019 1:33 AM IST

Among the hybrid schemes, the category of arbitrage funds saw inflows of Rs 5,353.56 crore and balanced hybrid funds saw outflows of Rs 4,931.71 crore.

MF AUM at a new peak of Rs 27L cr; equity inflows dip

Inflows to income/debt-oriented schemes of Rs 51,427.58 crore helped industry AUM cross Rs 27 lakh crore milestone.

10 Dec 2019 1:28 AM IST

In the international market also, gold prices were trading higher at USD 1,502 an ounce and silver at USD 17.71 per ounce.

Gold bonds gather less than 1 per cent of total spend in four years

After 33 tranches in four years, just about 28.6 tonnes of gold has been bought by investors through the SGB scheme.

10 Dec 2019 1:26 AM IST

Finally, this resulted in the mad rush among the people for cover and they came forward in big numbers to buy expiring LIC products.

LIC mops up over Rs 1,380 crore in a day

The hefty collection came to the insurer for a reason.

10 Dec 2019 1:25 AM IST

Premal Shah, Change Maker & Founder of LetsAllHelp

Big Basket joins hands with LetsallHelp

Bigbasket will work closely with LetsallHelp to manage the procurement and delivery of all donated products to the...

10 Dec 2019 12:32 AM IST

Economic survey 2016-17 has proposed the creation of a public sector asset rehabilitation agency (PARA) to resolve such large and complex cases.

Invest talk: Privatisation offers investment opportunity in PSUs

Commercial expediency is overtaken by political goals. The PSU stock prices follow a pattern of optimism and despair.

9 Dec 2019 1:28 AM IST

When we take a loan, we assume that well keep generating income that will help pay off the debts as planned. But situations such as a loss of job, loss of income, and health problems can throw a spanner in the works.

Money talk: What to do when paying EMIs becomes a struggle

Before you incur debt, especially a large, long-term debt such as a home loan, you need to take two measures to protect...

9 Dec 2019 1:23 AM IST

Its mandatory by law to own a third-party insurance for your vehicles. Third party is any party apart from you or the insurance company that may suffer damages due to an accident caused by your vehicle.

Share of third party cover rising in motor premia

The past three years have seen a steady rise in this share and from this year onwards the growth momentum could spike...

9 Dec 2019 1:19 AM IST

The prices of edible oils have started surging as the bio-fuel programmes in Malaysia and Indonesia have increased the consumption of palm oil in those countries, eventually leading to a spike in its price.

After onion, it's turn of edible oil to give price shock

India, which is a big importer, will also be hit by the price rise.

9 Dec 2019 1:13 AM IST

The real estate sector has filed 115 insolvency cases till September and $1 billion has already been transacted under stressed asset deals in 2019.

4 key challenges in Indian real estate segment

The sector is currently in the midst of challenging times owing to a variety of economic factors.

7 Dec 2019 12:05 PM IST