Individuals often resort to personal loans to meet their wide range of fund requirements. Both sala- ried and self-employed in- dividuals can avail the loan easily without having to pledge any collateral or furnishing a long list of documents....

Finance Minister Nirmala Sitharaman met the governor of Japan Bank for International Cooperation (JBIC), Hayashi Nobumitsu, where she discussed ways with the institution to bring in more investments in India. "FM Nirmala Sitharaman met...

State-owned Punjab & Sind Bank will double its ATM network to about 1,600 in the next two years to expand its touch points and brand visibility. Besides, the bank also plans to open 50 more branches during the current financial year, taking...

Central government’s debt in the last nine years has risen 174 percent, while there has been a 100 percent increase in external debt during the same period between 2013-14 and 2022-23. External debt is a component of the Central...

Private sector Karur Vysya Bank announced a hike in benchmark lending rate by 0.15 percent to 7.75 percent even as the Reserve Bank left its key interest rates unchanged for the third straight meeting. The new rate would be effective from August...

In our modern era of heightened digitalization, our dependence on technology has paved the way for enhanced advancements and ease. Nevertheless, this technological evolution has also rendered essential energy infrastructure vulnerable to an...

Axis Bank will increase its stake in Max Life to 16.22% from 9.99%by achieving Rs 1,612 crore through a preferential allotment of shares. Axis Bank, along with its entities (Axis Securities and Axis Capital), obtained a 12.99% stake in Max Life in...

Consulting has emerged as a crucial partner for organizations striving to navigate complex challenges and seize growth opportunities especially in today’s world of business. Traditionally, consultants relied on experience, intuition, and...

At the Gujarat International Financial Tec-City (GIFT City), the export financing institution Exim Bank officially launched its subsidiary, India Exim Finserve IFSC Private Limited. The subsidiary, which was launched by Dr. Vivek Joshi, Secretary...

India and the US have held wide-ranging discussions on cross-border payments issues, including G20 payments roadmap, India’s United Payments Interface (UPI) platform, and the Federal Reserve’s implementation of the FedNow payments...