LIC Housing cuts new loan rate to a low of 6.9%
LIC Housing Finance Ltd (LICHFL) has decided to take on giants in the housing finance space such as Housing
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Industry News
Policybazaar eyes $3.5-billion valuation in Sept 2021 IPO
Online insurance platform Policybazaar aims to go public in 2021 at a valuation north of $3.5 billion, potentially becoming the
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Cabinet note on solar bank likely
The new and renewable energy ministry plans to shortly move a Cabinet note for setting up of a World Solar
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IBM to increase investment in India
IBM has committed to increase investments in India, the technology company’s chief executive Arvind Krishna told Prime Minister Narendra Modi
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India Post savings A/C offering higher interest than that offered by its banking arm
India Post Payments Bank (IPPB) has cut the interest rate on savings bank (SB) deposits thrice since February, from 4
Read moreCOVID-debt clause may worsen NPA mess
Central government has said that insolvency proceedings against fresh defaulters would remain suspended for up to one year and Covid-19-related
Read moreNBFCs more vulnerable to covid-19 – Moody’s
Covid-19 pandemic will lead to further deterioration in asset quality of non-bank financiers, a segment that is more exposed to
Read moreAll Customers not opting for loan moratorium
The Reserve Bank of India has allowed companies to opt for a three-month moratorium on loan repayments to combat lockdown,
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Fin Min assures banking services will continue unhindered during the lockdown
Finance Minister Nirmala Sitharaman assured citizens that banking services will continue unhindered during the lockdown. Sithraman said the banks were
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Government launches PM CARES Fund
The government has set up a public charitable trust in a bid to have a dedicated national fund with the
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