With the online tax filing and automation of the tax process the number of mistakes made by taxpayers during filing of taxes have been redu
Priya Nair finds out how investors of mutual funds, shares, unclaimed bank deposits, insurance policies can redeem long-forgotten investmen
Hamsini Karthik reveals why the ongoing business rejig will help unlock value for shareholders of Grasim, Reliance Capital and Tube Investm
Liquidity pushed benchmark indices 22% higher to become the best performing equity market globally
IICICI Bank reported a 8 per cent dip in standalone net profit at Rs 2,049 crore in the first quarter ended June 30, 2017 compared to Rs 2
With SBI Card, customers can convert your transactions into easy installments. Flexipay is a facility offered to existing SBI credit cardho
Robust other income, including profit on sale of investments, helped IDFC Bank report a 65 per cent jump in net profit in the first quarte
First acquisition of a digital payments company by an Indian bank
Bandhan Bank has posted 35 per cent rise in net profit to Rs 327 crore for the quarter ended June 30, 2017, against Rs 242 crore in the co
Edelweiss Tokio Life Insurance Company’s premium income grew 35 per cent in the first quarter of the current fiscal and it expects to be
Aadhaar Card issued by UIDAI (Unique Identification Authority of India) is a significant document now. It functions both as an Identity and
Says a united front will yield a better price from ARCs than selling loans piecemeal
The Snapdeal board is on the verge of closing the deal to sell payments platform FreeCharge to Axis Bank for about ?400 crore ($60 million
Headwinds in property market, intense competition dampen good run
Even as the growth in bank lending to the housing segment has been slowing, market leader HDFC continues to deliver steady growth in its r
Bharat Financial Inclusion, formerly SKS Microfinance, posted a net loss of ?37 crore in the first quarter ended June 30, 2017 due to high
Kerala-based Catholic Syrian Bank is considering three options to raise funds in the wake of uncertainties over the bank's proposed sale o
‘Bitcoins are a potential tool to boost digital economy but fraught with risks’
L&T Finance Holdings, financial services arm of the engineering major L&T, today reported consolidated net profit growth of 49 per
These companies have a record of prospering in good times and bad, says Rob McIver, co-manager of the top-rated Jensen Quality Growth fund.
Total investments in the first six months of 2017 was a record $11.34 billion
'A fund investor could pick, say, three of the top active funds in any given category.'
Before participating, consider company's long-term prospects, premium offered and acceptance ratio.
When selecting investments, pay attention to potential return, risk and how easily you can exit it.
Muthoot Capital Services Ltd (MCSL) has recorded a net profit of ?6.09 crore for Q1 of FY17, registering an increase of 36 per cent compar
Muthoot Capital Services Limited (MCSL) has recorded a net profit of ?6.09 crore for Q1 of FY17, registering an increase of 36 per cent co
YES Bank continued to deliver strong traction in loans, healthy deposit growth and improving margins in the latest June quarter. But for i
Online banks tend to be more generous than their bricks-and-mortar rivals.
US-based insurance exchange and investment firm Ebix has pumped in an additional $100 million in Indian fintech and payments solution prov
The Opposition in the Rajya Sabha asked Finance Minister Arun Jaitley to clarify whether the government has decided to scrap the newly lau
Individual loan disbursements grew 21%, average size of individual loans stood at Rs 26.3 lakh
YES Bank reported a 32 per cent rise in quarterly profit, beating estimates, helped by higher interest and fee income. Net profit rose to
Earlier as under the Service tax and VAT regime, service tax registration number and TIN were being issued by the State and the Centre. Non
The low-cost personal accidental cover, Pradhan Mantri Suraksha Bima Yojana is launched in 2015 to increase the insurance penetration level
Private sector lender Federal Bank has registered a rise of 25.6 per cent in its net profit at Rs 210.15 crore for first quarter of the cu
Small Industries Development Bank of India (SIDBI) has started full-fledged merchant banking operations to benefit the expanding number of
The government requested every bank account holder to link their 12 digit Aadhaar number to their bank accounts. The unique identification
The bank's core performance has also been subdued
Union Bank of India plans to raise ?3,500 crore this fiscal to support its credit growth and provisioning requirements. “Though the capi
The Monetary Policy Committee (MPC) of the Reserve Bank of India may reduce the repo rate by 25 basis points (bps) in the upcoming policy
ICICI Prudential Life Insurance Company reported an almost flat net profit at ?406 crore in the first quarter ended June 30, 2017. Net pre
Lakshmi Vilas Bank (LVB) has reported a 9 per cent increase in net profit at ?66 crore for the quarter ended June 30, 2017, compared with
While an impending rate cut is a good reason to enter debt funds, another is the high valuations in equity markets.
Mutual funds are better than Portfolio Management Schemes where costs crystallise only at the end of the investment period, says Shashank K
Axis Bank, India's third-biggest private sector lender by assets, reported a smaller-than-expected fall in first-quarter net profit as its
Karnataka Vikas Grameen Bank (KVGB), a regional rural bank with its headquarters in Dharwad, has reduced the interest rate on housing loan
RBI likely to indicate that additional open market operations would be conducted to manage prolonged liquidity surplus
As a step towards easing the process of securing passport, the government of India informed Parliament that PAN or Aadhaar amongst other do
Many apps are launched by the railway in the past. Rail SAARTHI is an integrated app; it will provide users with a single window interface.