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Reuters
April 19, 2021
A BoE-backed digital version of sterling would potentially allow businesses and consumers to hold accounts directly with the bank and to sidestep others when making payments, upending the lenders' role in the financial system


Aprajita Sharma
New Delhi, April 16, 2021
Investment platform Groww, raising $83 million at a valuation of $1 billion, is now the first VC-funded fintech start-up to become a unicorn. The series D funding round was led by Tiger Global. In an interview with Aprajita Sharma of Business Today, co-founder Lalit Keshre talks about fresh funding utilisation and key areas where they will offer services soon. The key ones include derivatives, deposits in tie-up with banks and US stock investment. They are eyeing insurance and lending businesses too. \"We will venture into everything, but investments will remain our focus,\" says Keshre. Watch the video to know more.WATCH MORE | What Indian investors should know about SPACsALSO WATCH | Max Life Insurance CEO Prashant Tripathy on price hike in term insurance plan


BusinessToday.In
April 13, 2021
Navratri wishes 2021: Navratri is a nine-day long festival that celebrates the victory of good over evil; here's some wishes, messages, images you can share with your family and friends


Reuters
April 11, 2021
The world's biggest and best-known cryptocurrency hit $61,222.22 on Saturday, its highest in nearly a month. It was slightly lower at $59,907 at 0500 GMT on Sunday


PTI
April 4, 2021
The Monetary Policy Committee (MPC), RBI's rate-setting panel, is also likely to maintain the policy stance accommodative at the next policy review to be unveiled on April 7, say experts


Anand Adhikari
April 2, 2021
The RBI is trying its best to keep the interest rates low to support the economic recovery and also facilitate government's huge borrowing plan in 2021-22


Niti Kiran
March 31, 2021
Investors' wealth soared 80 per cent to Rs 204.3 lakh crore during the fiscal compared to almost one-fourth erosion in the market capitalisation of all BSE-listed stocks during FY20


PB Jayakumar and Joe C Mathew
New Delhi, March 31, 2021
Private equity and overseas companies are taking over domestic healthcare chains, creating a new pecking order


Anand Adhikari
New Delhi, March 31, 2021
The interest rates seem to have bottomed out in the economy. The benchmark repo rate , which saw a decline from 8 per cent seven years ago to 4 per cent in May last year , is now steady at the current level. The repo rate is the rate at which banks borrow funds from RBI. It acts as a benchmark for fixing interest rates for home loans and other loan products. While the  Government and the RBI is trying their best to keep the interest rate low, but five factors point to rising interest rate risk for the borrowers. These are rising retail inflation, higher international crude prices, second Covid wave, higher G-Sec yields and gradual rise in banks term deposit rates. ALSO WATCH | Cryptocurrency Ban: Regulatory Framework for assets like Bitcoin, Ethereum & RippleALSO READ | Debit card, credit card auto-payment: What are the big changes?READ MORE | Hardening G-Sec yields to push up borrowing cost for govt, corporates


Anand Adhikari
New Delhi, March 27, 2021
Rakesh Sharma, CEO, IDBI Bank, in a conversation with Business Today's Anand Adhikari explained his organisation's current focus in retail sector and future plans. Sharma said that one of the bank's aims is to utilise the synergies with LIC through the digital channel. He added that the bank is also trying to include personal loans as a key product and has opened new branches to offer gold loans. Watch as he explains how IDBI Bank has become one of the biggest partners of LIC. Also Read: Bank of India raises Rs 602 cr via Basel III compliant bondsWATCH : IDBI Bank's CEO on new foundation of future growth


Avneet Kaur
March 26, 2021
Home loan lenders usually extend such lucrative offers to loan applicants during the fourth quarter to book higher volume of home loans. But now, experts do not expect further rate cuts


BusinessToday.In
March 22, 2021
Holi 2021 Date: Holi is celebrated on the full moon day in the month of Phalgun. It is also called the Spring Festival, as it marks the arrival of spring


Anup Jayaram
March 21, 2021
India is among top three geographies including Japan and China where 83 per cent of Indians and 88 per cent of business leaders now trust AI more than humans to manage finance


Anand Adhikari
March 19, 2021
The 10-year government securities paper, which is a benchmark, has shot up from a low of 5.94 per cent to 6.21 per cent in the last two months. The cost of borrowing for state governments is also rising


BusinessToday.In
March 19, 2021
Stock Market News Update Today: NTPC was top gainers in BSE Sensex pack, followed by HUL, Power Grid Corporation of India, ITC, Reliance, Nestle India, among others


Rukmini Rao
New Delhi, March 18, 2021
As job description and roles across sectors transform based on digital goals of companies, diversity and inclusion have become more holistic


Rashmi Pratap
New Delhi, March 18, 2021
Axis Bank has experimented, reskilled and upskilled employees to create a technological workforce, offering virtual roles or project-based contracts to people from diverse backgrounds and geographies


Avneet Kaur
March 16, 2021
Industry players believe that the government might ban crypto's use as a legal tender and allow crypto's use as an asset


Avneet Kaur
March 12, 2021
FinMin's letter stated that the change will lead to large NAV swings as the mutual funds will look to sell these bonds anticipating redemptions by investors. This in turn could create a panic in the debt market


BusinessToday.In
March 5, 2021
SBI e-auction: SBI puts up mortgage properties of defaulters to recover bank dues in such auctions. The lender puts up advertisements on social media and leading newspapers to attract customers who would want to purchase prime properties


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