The company's tight-aggressive business model has done well so far, but with other players, both traditional and new, smelling an opportunity, there could be a very fascinating game ahead
Interest rates on home loans are at historic lows currently
Ambiguity on whether investment falls under automatic route or requires govt approval
There is merit in RBI's position on loan moratorium
RBI invests Rs 250 crore, the remaining will come from the card-issuing banks and card networks
The RBI has conveyed the decision to the IndusInd founders Srichand and Gopichand Hinduja, the people said
In the fortnight ended May 24, 2019, bank loans had stood at Rs 96.21 trillion and deposits at Rs 124.99 trillion, the RBI data showed
In a regulatory filing, the Aditya Birla Group firm said the capital and financial resources of the company remain entirely protected
Bench seeks reply from FinMin, RBI; next hearing June 12
Real gross value added (GVA) is expected to decline by 1.7 per cent this fiscal but record 6.8 per cent growth in 2021-22, supported by uptick in industrial and services sector activities
Real gross value added (GVA) is expected to decline by 1.7 per cent this fiscal but record 6.8 per cent growth in 2021-22, supported by uptick in industrial and services sector activities
The top court said there are two aspects under consideration in this matter no interest payment on loans during the moratorium period and no interest to be charged on interest
Here are the top ten headlines on Thursday morning
On Wednesday, the Union Cabinet gave approval to the suspension of the IBC for Covid-19-related stress
In 12 months, bond yields are down 100 bps, against 200-bps cut in repo
PMVVY, SCSS, PPF and Bharat Bond are instruments senior citizens can turn to
The political and legal status of Taiwan is a contentious issue, with China seeing Taiwan as a breakaway province that will eventually be part of the country again
The private sector lender has cut interest rate on all deposits of less than Rs 50 lakh to 3 per cent
'It was expected that Moody's would align back India's rating with Fitch and S&P'
RBI in the past was against this market, but gave way when it was found that the offshore volume in rupee trading is actually higher than the onshore volume