The Union Cabinet on Thursday night gave the go-ahead for the creation of a 10-district Telangana and outlined the blueprint for carving out the country's 29th state from the current Andhra......
Lalit Modi has received 16 showcause notices from the Enforcement Directorate for alleged violations of the Foreign Exchange Management Act. Of these, 15 were issued under the United Progressive......
'The Casa ratio is at 33.4 per cent, which has to keep improving. Right now, there is a bit of liquidity pressure in the market.' Bandhan Bank posted a 47 per cent jump in net profit in the first......
Urban housing mortgage major HDFC announced that it will cut its lending rates by the end of the week, since its rates are among the highest, after competitors cut interest rates. "In three......
The Reserve Bank on Monday asked banks to notify the base rate, or the minimum lending rate, at least once in every three months based on cost of funds, a move seen as a nudge to lenders to pass on......
Regulator Irdai on Friday directed SBI Life Insurance Company to takeover the policy liabilities of around two lakh policies along with assets of Sahara India Life Insurance Co Ltd (SILIC) with......
A report has identified 29 instances where it appears that the loans disbursed to borrowers were in turn utilised by their group companies to repay the existing debt obligations with IL&FS......