Banking & Finance

ABN Amro Bank to pay Rs 25,ooo to client

A consumer forum here has directed ABN Amro Bank to pay Rs 25,000 compensation...

Rupee trims its initial losses vs US dollar, still down by 10 paise to 61.46

The Indian rupee trimmed its initial losses against the American currency but was still quoted down by 10 paise to 61.46 per dollar on some demand from banks and importers in view of firm dollar in th

‘Retail investors flock to mutual funds again’

Mutual funds registered a 4.6 per cent increase in retail folios in the past six months ended September 2014, marking the highest rise since March 2009, according to rating agency Crisil. n In absolut

Mutual Funds, stock market, Sebi, Securities and Exchange Board of India

Long-term investments in equities is the way forward

Global strategists see India’s GDP growth picking up, inflation coming down, rates softening...

startup investment

EPFO to seek clarity on transaction limit in Jan-Dhan scheme

Retirement fund body EPFO will soon approach the Finance Ministry on the transaction limit...

epfo investment

Shriram City Union Finance Q2 net profit up 8.66 pct

Shriram City Union Finance had reported Rs 127 cr during corresponding period of previous year.

Global shadow banking assets touch $75 trillion

United States and the euro area now account for one-third of the global shadow banking assets.

Karnataka Bank Q2 net trebles at Rs 88 cr

Private sector player Karnataka Bank's net profit more than trebled at Rs 88.46 crore...

Tax refunds putting pressure on fiscal deficit, says FM Arun Jaitley

Finance Minister Arun Jaitley today said increased tax refunds in the current financial year...

Indian rupee snaps 4-day fall, ends at 61.36 vs dollar on strong stocks

Robust capital inflows and good show by local equities helped the Indian rupee today snap a four-day losing trend...

Tax Talk: Returns called up for assessment? Keep documents handy to avoid hassles

Have your returns been called up for assessment by a tax officer...

Gains from bonus shares

While a bonus share issue helps a firm capitalise its reserves, it’s beneficial to shareholders too

Rupee gains 8 paise against dollar on foreign capital inflows

Snapping its four-day falling streak, the rupee rose by eight paise to 61.37 against the US dollar..

Brick-by-brick guide to buying a retirement home

Everyone craves for a peaceful retired life. After having worked hard for several years, doesn’t it make sense to enjoy some comfortable golden years? Gone are the days when parents had to save not

Survey: Asia finds money brings happiness

Emerging Asian nations are finding out what developed ones did years ago: money and the stuff it buys brings happiness...

Yes Bank registers 30% rise in Q2 net profit on higher fee income

Yes Bank's net profit stood at Rs 371.13 crore for the same quarter in the previous fiscal.

Andhra Bank net jumps 2-fold at Rs 144 crore in Jul-Sept quarter

Public sector Andhra Bank's net profit more than doubled to Rs 144.49 crore in the second quarter ended September 31, 2014-15.

andhra bank

ICICI Bank Q2 profit up 15 pct to $440 mn, beats estimates

Net profit rose 15 percent to 27.09 billion rupees ($440.88 million) for its fiscal Q2...

ICICI Bank, ICICI Bank account, ICICI Bank account holders, twitter

Festive season boost: Uco Bank clocks 67% y-o-y growth in retail lending

Public sector lender Uco Bank has clocked more than 67% year-on-year growth...

Flush with liquidity, SBI cuts short-term deposit rates again

Third cut in as many months; rate for deposits between 7 and 45 days now 5%

Editorial: Not just the bank chiefs

Problem with PSU banks runs far deeper

Tax benefits on housing loan available to owner and co-owner

The benefit of deduction under Section 80TTA of the Income-tax Act is available to all individuals (whether salaried or non-salaried).

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