New Delhi, May 24 -- The Reserve Bank of India has proposed a new rule allowing lenders to remotely lock or disable mobile devices such as smartphones and tablets if a borrower fails to repay the loan... Read More
Mumbai, May 23 -- The Reserve Bank of India (RBI) on Friday approved a record dividend transfer of Rs.2.87 lakh crore to the central government for fiscal year 2026 (FY26) while sharply increasing pro... Read More
Mumbai, May 22 -- The Reserve Bank of India on Friday approved a record dividend transfer of Rs.2.87 trillion to the central government for fiscal year 2026 (FY26) while sharply increasing provisions ... Read More
Mumbai, May 22 -- The Reserve Bank of India (RBI) will transfer a record Rs.2.87 trillion dividend to the Centre and boost its own contingency risk buffer by over Rs.1 trillion, balancing the need to ... Read More
Mumbai, May 21 -- India's largest insurer, Life Insurance Corporation of India (LIC), expects growth to slow due to the West Asia war, but hopes to maintain its "double-digit growth" target for new bu... Read More
New Delhi, May 18 -- Mumbai - Public sector banks (PSBs) are increasingly using surplus liquidity already available with them and also borrowing short-term funds from the Reserve Bank of India (RBI) t... Read More
MUMBAI, May 17 -- UK-based Prudential plc on Sunday said it plans to acquire a 75% stake in Bharti Life Insurance and subsequently cut its holding in ICICI Prudential Life Insurance to 10%, marking a ... Read More
Mumbai, May 14 -- The Reserve Bank of India on Thursday relaxed rules governing tie-ups between banks and non-bank entities for outward remittances used largely by individuals, shifting responsibility... Read More
Mumbai, May 13 -- Aditya Birla Health Insurance Co. Ltd wants to position itself as an influencer, using wellness incentives to boost customer engagement, cost efficiencies and claims ratios. "Our th... Read More
MUMBAI, May 11 -- The Reserve Bank of India's (RBI) tighter gold loan rules are likely to slow growth in one of South Indian Bank's fastest-growing businesses, with the lender saying the new rules cou... Read More