With over R1,300 crore at stake, both the banks and housing finance companies are now planning joint strategies to tackle…
Rating agencies saw a great deal of upgrades in corporate ratings during the last year.
New India Assurance has logged losses for the first time in its 90-year history. The country?s largest general insurance company…
On the backdrop of fresh terror attacks in Mumbai?s Zaveri Bazar, the massive Bharat Diamond Bourse, the newly built diamond…
Indian general insurers have been hit by over R1,000 crore claims from major IT/ITeS companies, which have been sued and…
Education loans will soon be available easily for a string of disciplines hitherto not favoured for lending as banks are…
State Bank of India, the country?s largest bank is now focusing on non-performing asset management for its performance during 2011-12.
The Reserve Bank of India is busy fighting inflation, improving reporting standard for the banking industry and implementing the much…
State Bank of India, the country?s largest bank which was hit by the massive provisioning in the last quarter of…
Multilateral lending agencies International Monetary Fund and World Bank will this week conduct their first test of India?s financial sector…
With the Insurance Regulatory & Development Authority announcing merger and acquisition norms for general insurers on Wednesday, Reliance General Insurance…
The Insurance Regulatory and Development Authority wants the new mortality table to be reworked. The new mortality table was recently…
After asking banks to calculate the savings deposit rates on day to day basis at 4%, the Reserve Bank of…
After exiting the Indian market almost three years ago, Lloyd?s has appointed Arun Agarwal-former CEO of Cholamandalam Mitsui Sumitomo-as its…
In a welcome move, the government will follow transparency norms diligently while granting banking licences to private sector players including…
Oil and steel major Essar Group seems to be facing a double whammy over its R900-crore terror insurance claims for…
Life insurance companies may need to raise their premium rates on the basis of a new industry-wide study on mortality…
The recent spate of natural calamities in Asia Pacific region including the massive earthquake and tsunami have put enormous pressures…
