In an order last year the Supreme Court had instructed insurers to provide long-term, three-year motor third party covers.
24 Jun 2019 9:07 AM
The first status report will have to be filed by July 5.
21 Jun 2019 3:23 AM
Das said the headline Consumer Price Index Inflation (CPI) has evolved broadly along the projected lines.
21 Jun 2019 3:15 AM
The operational creditors took a haircut of 58 per cent on the total claims of around Rs 8,140 crore.
20 Jun 2019 1:42 AM
The housing finance major plans to merge the health insurer with its general insurance subsidiary, HDFC Ergo General Insurance.
20 Jun 2019 1:36 AM
The decision was taken after a meeting of the lenders, as they have not yet received any concrete proposal for the airline.
18 Jun 2019 6:39 AM
After completion of the sale of shares, Gruh would cease to be an HDFC subsidiary, the company said.
15 Jun 2019 1:41 AM
Top private players continued to grow in double digits.
13 Jun 2019 1:11 AM
IDBI Bank said that it has reduced its one-year MCLR or the minimum lending rate by 5 basis points to 8.95 per cent.
13 Jun 2019 1:09 AM
The company has made interest payments in lieu of Rs 961 crore as committed to its debenture holders.
12 Jun 2019 2:23 AM
The move comes a day before the bank’s annual general meeting scheduled on Wednesday.
12 Jun 2019 2:20 AM
RBI strikes off minimum balance requirement.
11 Jun 2019 2:51 AM
RBI may again ask banks to link loans to repo or G-sec.
10 Jun 2019 4:22 AM
DHFL failed to make interest and principal payments that were due on June 4.
08 Jun 2019 1:40 AM
According to experts, the new category of home loans linked to repo rate may see quicker transmission.
08 Jun 2019 1:39 AM
Lenders get 180 days to resolve default under new framework.
08 Jun 2019 1:39 AM
The SC had clarified that the Centre has to authorise the RBI to issue direction to banks/non-banks if it were an insolvency case.
07 Jun 2019 6:56 AM
All the six members of the MPC voted in favour of a rate cut as well as change in policy stance.
07 Jun 2019 2:34 AM
India's cheque volume declined by 10.8 per cent between 2012 and 2017 at a CAGR of two per cent.
06 Jun 2019 12:55 AM
BB rating indicates speculative grade and BBB points to good credit quality.
04 Jun 2019 2:18 AM