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Anand Adhikari
New Delhi, July 8, 2020
The financial services sector is witnessing the adoption of new technologies and business model changes, albeit in different and innovative ways


Anand Adhikari
New Delhi, July 1, 2020
The bank is in discussion with dozens of new age NBFCs, fintechs and traditional NBFCs for co-lending. Over half a dozen NBFCs have already been onboarded where the bank is lending based on the lead generated by these new players


Naveen Kumar
July 1, 2020
Loans against MF being secured loans have much lower interest rate than personal loans. You can get a loan typically upto 50% of the market value of your investment


BusinessToday.In
New Delhi, June 28, 2020
Ever since resumption of full services, there's been 125 per cent increase in new seller registrations compared to current sellers during the April-June period, says Flipkart


BusinessToday.In
New Delhi, June 27, 2020
Considering a rapid rise in coronavirus cases in India, the IRDA has mandated insurers to offer individual COVID-19 health policies to people; all insurers must provide one basic mandatory cover, says the insurance regulator


PTI
June 27, 2020
The Union Bank chief also said small and medium enterprises (SMEs) have real opportunities to plug into the global supply chain as more companies seek to diversify sourcing inputs


Aprajita Sharma
June 25, 2020
In a weak demand and oversupply scenario, the prices have indeed come down, especially in metro cities; but waiting for further decline might prove counterproductive


Anand Adhikari
June 24, 2020
The current yield on a 10 year G-Sec is around 5.90 per cent. There is, however, a likelihood of this rate touching 6 per cent or going even beyond because of a large supply of government paper in the market on account of higher borrowings this year


Naveen Kumar
June 22, 2020
On similar lines, ICICI Bank has started offering a facility through which customers can get instant sanction letter for education loans up to Rs 1 crore to finance higher studies for themselves or their children


Sonal Khetarpal
New Delhi, June 22, 2020
Coronavirus impact: One key trend is that affordable health, hygiene, and organic products will see an unprecedented surge in demand. More than 60% of consumers say they are willing to pay up to 20% more for healthier products


Rukmini Rao
June 19, 2020
Starting its operations in Bengaluru with two kitchens, one on-premise and the other from a rented space (West Bengaluru), it delivers in the radius of five kilometres and has tied up with Swiggy and Zomato for online orders and home delivery


PTI
June 19, 2020
The UCO bank, which has shown its inclination to provide loan had earlier told the court through court receiver that it can provide fund to the tune of Rs 2000 crores while keeping the unsold inventory of 5221 units as mortgage


Anand Adhikari
June 18, 2020
The current low interest rate environment offers a good opportunity for HDFC to borrow short term funds. The current borrowing through non-convertible debentures have a maturity of less than two years


Chitranjan Kumar
New Delhi, June 17, 2020
The personal loans declined by Rs 62,861 crore, or 2.5 per cent, from an outstanding of Rs 25.53 lakh crore on March 27 to Rs 24.9 lakh crore on April 24, 2020


BusinessToday.In
New Delhi, June 17, 2020
With 3 out of 5 orders, Tier-II, smaller towns lead online salesOnline retail in India has democratised shopping with access to 97 per cent of the country's PIN codes and also empowering sellers - big and small - to sell to a wider consumer base. Online shoppers in India will reach nearly 300-350 million shoppers, growing at 30 per cent CAGR over the next five years according to a report by Bain & Company and Flipkart.India-China border clash: 'Closely monitoring, support peac...


Aprajita Sharma
New Delhi, June 12, 2020
Most commercial banks offer auto-sweep facilities on the SB account in which an auto sweep FD gets linked to your SB account and whatever excess amount you have in the account gets transferred automatically through a sweep out process to book an FD


PTI
June 12, 2020
New rates will now range between 7.65-7.95 per cent for existing salaried home loan customers


BusinessToday.In
June 12, 2020
Vijay Mallya extradition: The Indian government said that they are in touch with the UK authorities and that there is no ground for his persecution claim in India


Anand Adhikari
June 10, 2020
Currently, the banks use credit data of TransUnion CIBIL, Experian, Equifax and CRIF Highmark before offering any loans


Reuters
June 9, 2020
The plans - which include 7 billion euros of aid already awarded to Air France (AIRF.PA) and bring forward some defence spending - involve a joint effort by government and industry to keep French jobs and prepare the next generation of civil jets


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