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
Mumbai, May 8 -- The country's largest lender State Bank of India, on Friday, reported a standalone net profit of Rs.19.683.75 crore in the March quarter of FY26 (Q4FY26), up 5.6% year-on-year. Its n... Read More
New Delhi, May 5 -- Interest rate margins may remain under pressure in the first half of the current financial year, as lenders continue raising funds at high costs to match soaring loan growth. In th... Read More
Mumbai, May 1 -- The board of Federal Bank has approved the acquisition of a select portfolio of retail credit cards from UK-based Standard Chartered, the private sector lender informed the exchanges ... Read More
MUMBAI, April 30 -- Indian Bank expects steady balance-sheet growth in fiscal year 2026-27 (FY27) but warned that margins could remain under pressure as deposit costs stay elevated and funding growth ... Read More