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PFRDA Allows Banks To Setup Pension Funds

PFRDA Allows Banks To Setup Pension Funds

The detailed criteria will be notified separately and will apply to both new and existing pension funds said the PFRDA...

1 Jan 2026 11:34 PM IST

Rupee Ends At 5 Month High On Foreign Fund Inflows & RBI Absence

Rupee Ends At 5 Month High On Foreign Fund Inflows & RBI Absence

The Indian rupee surged to a five month high on Wednesday closing 72 paise up at 84.49 to a dollar spurred by foreign...

1 May 2025 1:22 AM IST

IndusInd CEO Quits After Derivative Accounting Lapse

IndusInd CEO Quits After Derivative Accounting Lapse

The accounting lapse disclosed on March 10 has resulted in a loss of nearly Rs 2000 crore.

30 April 2025 1:58 AM IST

SBI cuts lending and deposit rates

SBI cuts lending and deposit rates

Following the Reserve Bank of India’s (RBI) repo rate cut, the country's largest lender State Bank of India (SBI) has...

15 April 2025 12:33 AM IST

PFRDA gets new chairman, RBI gets Dy Gov

PFRDA gets new chairman, RBI gets Dy Gov

Gov appoints new PFRDA chairman, Dy Gov at RBI

2 April 2025 9:04 PM IST

LIC to acquire ‘substantial’ stake in pure health insurer, announcement likely by March 31

LIC to acquire ‘substantial’ stake in pure health insurer,...

Public sector behemoth Life Insurance Corporation of India (LIC) is in the final stage of discussions to acquire a...

18 March 2025 10:24 PM IST

Southern India has Highest Number of Women Monitoring Credit Health

Southern India has Highest Number of Women Monitoring Credit Health

The number of women seeking credit in India has grown at a compounded annual growth rate of (CAGR) of 22 per cent since...

3 March 2025 10:49 PM IST

A top IRDAI source told Financial Chronicle that the meeting was held in Hyderabad on February 19 and it was attended by 26 chairmen of both life and non-life insurance companies.

IRDAI Allows Insurers to Hedge Equity Exposure With Derivatives

IRDAI permits insurers to use stock and index derivatives for hedging equity exposure, benefiting life insurers managing...

28 Feb 2025 11:28 PM IST

A aerial view of the Mumbai City line as seen from an aircraft. (PTI)

Mumbai overtakes Beijing as Asia's Billionaire capital, says report

As per the Hurun report, Mumbai registered a net increase of 14 individuals followed by Hyderabad which registered a net...

27 March 2024 1:28 AM IST

Digital payments company Paytm has partnered with Twitter to integrate Twitter Highlights

RBI Bars Paytm Bank from Offering Banking Services After February 29

Paytm customers can continue to utilise balances from their accounts, including savings and current without restriction

1 Feb 2024 1:38 AM IST

Indias robust economic growth will boost demand at corporates, despite weakness from slowing growth in key overseas markets, Fitch ratings said in a statement on Friday. (File Image: PTI)

India to be among fastest growing nations with 6.9% growth in FY25

Demand will remain strong for cement, electricity and petroleum products

23 Dec 2023 1:33 AM IST