Monday, Dec 09, 2019 | Last Update : 03:13 AM IST

FALAKNAAZ SYED

Write off DHFL exposure

If DHFL goes under liquidation, it will be sold and someone else will take over. Insurance companies are also part of the inter-creditor agreement.

07 Dec 2019 1:36 AM

PSBs may get nod to hold over 10 per cent in two insurers

An entity holding over 10 per cent in an insurance company is categorised as a promoter while one holding below that limit is termed as an investor.

07 Dec 2019 1:32 AM

RBI pegs GDP down to 5 per cent, no rate cut

The policy repo rate since February was cut in every policy, cumulatively easing by 1.35 per cent or by 135 basis points to 5.15 per cent.

06 Dec 2019 3:22 AM

PSBs told to outline insurance JVs’ future

UBI has to cut stake in one of the 2 JVs—Star Union Daiichi and IndiaFirst.

03 Dec 2019 1:41 AM

RBI takes DHFL to NCLT

DHFL was scheduled to announce its financial results on November 25.

30 Nov 2019 1:42 AM

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HDFC panel to find Puri’s successor

Puri will act as an advisor to the search committee, the private lender said in a statement.

29 Nov 2019 2:41 AM

CSB Bank IPO: Analysts say give it a miss

The Bank is going for the IPO mainly to meet the Reserve Bank of India’s requirement of listing the bank.

22 Nov 2019 2:25 AM

RBI supersedes DHFL board

The central bank also said it would shortly initiate the process of resolution of the company under the insolvency and bankruptcy rules.

21 Nov 2019 1:21 AM

Bank, RBI unions differ on deposit insurance

At present DICGC insures each bank depositor upto Rs 1 lakh for both principal and interest.

20 Nov 2019 3:47 AM

Private banks stay in profit, PSBs return to losses

The GNPA of private banks grew from Rs 185,027 crore during Q2FY19 to Rs 191,191 crore in Q2FY20 i.e. by 3.3 per cent.

20 Nov 2019 3:36 AM

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Call to exempt banks from deposit cover

The claims settled so far since 1962 is only Rs 5,120 crore and that too for the co-operative banks” added Venkatachalam.

19 Nov 2019 3:48 AM

Major recovery for SBI, ICICI from Essar verdict

Secured financial creditors will recover 92 per cent of their exposure of Rs 42,000 crore to Essar Steel.

19 Nov 2019 3:37 AM

Rupee tumbles 62 paise, could remain weak

The numbers highlighted the persistent structural slowdown in the economy and firmed expectation of further monetary easing by the RBI.

14 Nov 2019 4:23 AM

SFBs would need nearly Rs 3,900crore till FY22: ICRA

SFBs have made good progress on deposit mobilisation.

12 Nov 2019 2:39 AM

Surveyors oppose hike in limit for self-assessment

The new limits are against the customers and could also impact the livelihood of around 12,000 surveyors.

11 Nov 2019 2:37 AM

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Health insurers may offer you fitness goodies

Insurers will not be allowed to promote products or services of any particular third party service provider.

09 Nov 2019 3:42 AM

No NEFT charges from January

The RBI this year had done away with charges on NEFT and RTGS transactions and asked banks to pass on the benefit to their customers.

09 Nov 2019 3:39 AM

Reliance Health barred from selling policies

Solvency ratio dips to 63% against norm of 150%.

08 Nov 2019 6:26 AM

PMC Bank: Withdrawal limit raised to Rs 50,000

The RBI has also allowed PMC Bank account holders to withdraw money from the bank's own ATMs within the prescribed limit of Rs 50,000.

06 Nov 2019 1:25 AM

LIC plans to scrap many key schemes from December 1

LIC’s insurance agents are pushing the existing products hard, asking customers to buy them before they close on November 30.

04 Nov 2019 1:49 AM

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