Insurance

You may be able to avail standard indemnity health insurance policy sooner than you think

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Those confused with the variety of health insurance plans on offer, a standard health indemnity health insurance plan will be available sooner than you think. The Insurance Regulatory and Development Authority of India (IRDAI), […]

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Loan

Slowing loan growth halves Bank Mandiri’s profit growth in 2019

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State-owned Bank Mandiri booked almost 10 percent profit growth in 2019, although the figure was lower than in 2018 due to slowing loan growth. The publicly listed bank’s net profit grew 9.86 percent year-on-year (yoy) to Rp […]

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Loan

Maharashtra sugar mills seek loan waiver, restructuring of loans from govt

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Last season, the Maharashtra State Cooperative Bank (MSC) had given a bridge loan at the rate of 14% to factories. Maharashtra’s sugar industry on Thursday submitted a list of proposals before the […]

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Business

MobiKwik eyes Rs 1,000 cr business from payment gateway

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NEW DELHI: Fintech company MobiKwik on Wednesday said its payment gateway business unit will surpass revenues of Rs 1000 crores for the year 2021. The company doubled its revenue in the payment gateway business in 2019. […]

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Loan

Auto loan offtake sees little growth amid a slowing economy

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The ongoing economic slowdown may have resulted in banks recording solid increases in the disbursement of personal loans, data released by the Reserve Bank of India (RBI), banks and analysts show that […]

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Loan

Don’t stop saving to pay off home loan

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I am a 31-year-old salaried employee and I earn ₹8 lakh per annum. I want financial advice about my investments. I have systematic investment plan (SIP) investments in SBI Focused Equity Fund ( ₹2,500), […]

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Business

RIL Q3 Results: Consumer business drives the show, petchem misses expectations, refining in line

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Reliance Industries (RIL) reported a mixed set of numbers for the quarter ended December 2019. Consumer businesses continued to perform well, and the legacy energy businesses struggled. Petchem margins contracted significantly and gross […]

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Loan

Bank loan fraud: ED arrests 2 on money laundering charges in Hyderabad

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New Delhi: The Enforcement Directorate on Wednesday said it has arrested two persons in Hyderabad in connection with a money laundering probe case linked to an alleged over Rs 1,700 crore bank loan fraud case. G S C Raju, […]

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