ILIPs were quite popular among customers as it promised guaranteed benefit (which lacked in ULIPs) and opportunity to earn market-linked returns (which lacked in traditional participating and non-participating plans)

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So far, the promoter SBI has committed the highest amount of Rs 13,000 crore followed by Central Bank of India, Punjab National Bank, HSBC, Bank of Baroda and Sumitomo Mitsui Banking Corporation

Capgemini, which offers services to industries ranging from telecoms to aerospace, reported slightly better-than-expected quarterly revenue of 4.01 billion euros ($4.74 billion)

Reported pretax profit for Europe's biggest bank by assets came in at $3.1 billion for the quarter ended Sept. 30, down from $4.8 billion in the same period a year earlier

Private banks with existing exposure are cautious because of the group's stretched financial situation. The holding company has already approached the banks for a one time restructuring under the COVID-19 relief package

You may consider taking on debt due to low interest rates, even in these uncertain times. The question is how much and in what ways

Total global corporate funding recorded a growth of 8 per cent year-over-year in September quarter, however it was 13 per cent lower on annual basis for the first nine months of 2020

The China Securities Regulatory Commission (CSRC), the country's top securities watchdog, had accepted the application from StanChart HK on Oct. 10 to set up a securities firm in the mainland

HSBC has come under increasing pressure from activists, shareholders and politicians who say it is contributing to climate change by financing fossil fuel and other environmentally harmful projects

The MoU was signed on Friday at a virtual roundtable between WBIDC managing director, Vandana Yadav and UKIBC managing director, Kevin McCole in the presence of Nick Low, British Deputy High Commissioner in Kolkata

India Stock Market Highlights Today: Overseas, equities were trading mixed today as fears about the potential worsening of the coronavirus pandemic, as well as uncertainty on further U.S. fiscal stimulus spooked traders

StanChart dropped as much as 3.6%, also to a 22-year low, against the backdrop of a broader selloff in the market with the STOXX European banks index down 4%

CAMS is selling 1.82 crore shares through the offer for sale (OFS) route. Face value will be Rs 10 per equity share

Dalal Street today: Bajaj Auto, Nestle India, ICICI Bank, PowerGrid and Bharti Airtel were among the laggards. On the other hand, HCL Tech was the top gainer in the Sensex pack, followed by Infosys, Tech Mahindra, TCS, Kotak Bank, M&M and Asian Paints

Computer Age Management Services (CAMS) has raised Rs 666.57 crore from anchor investors ahead of the opening of its initial public offer (IPO) on Monday

Stock price of Reliance Industries has gained 72% in one year and 0.93% in the last one week. Market capitalisation of the firm stood at Rs 13,35,744 crore today

The official manufacturing Purchasing Manager's Index (PMI) fell slightly to 51 in August from 51.1 in July, data from the National Bureau of Statistics showed on Monday

Enforcement Directorate said the searches were carried out at 15 locations in Delhi, Gurgaon, Mumbai and Pune on Friday under various sections of the Prevention of Money Laundering Act

The green deposit will be available in rupee as a fixed tenure term deposit at a pre-agreed return and will offer similar levels of principal protection as a bank deposit.