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Banking

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HDFC Merger: Challenges Facing HDFC Bank’s Financials

HDFC Merger: Challenges Facing HDFC Bank’s Financials

Explore how the HDFC Ltd and HDFC Bank merger created balance sheet pressures, liquidity challenges, and margin compression for the lender.

Invesco India Banking & PSU Debt Fund Status Update

Invesco India Banking & PSU Debt Fund Status Update

Get the latest status update on the Invesco India Banking and PSU Debt Fund. Learn about its inactive status, historical performance, and fund structure.

SBI Medium Term Fund vs ICICI Prudential Gilt Fund

SBI Medium Term Fund vs ICICI Prudential Gilt Fund

Compare investment strategies, risks, and performance of SBI Medium Term Fund and ICICI Prudential Gilt Fund to make smart debt fund choices.

PNB MetLife Declares Rs 1,210 Crore Bonus for Policyholders

PNB MetLife Declares Rs 1,210 Crore Bonus for Policyholders

PNB MetLife India Insurance announces an annual bonus of Rs 1,210 crore for the 2025-26 fiscal year, benefiting over 6.3 lakh eligible policyholders.

RBI e-Kuber Glitch Disrupts Reverse Repo Auction

RBI e-Kuber Glitch Disrupts Reverse Repo Auction

A technical glitch on the RBI’s e-Kuber core banking platform disrupted a 30-day variable rate reverse repo auction, impacting banking liquidity.

SBM Bank India Initiates 26% Stake Divestment Plan

SBM Bank India Initiates 26% Stake Divestment Plan

SBM Bank India appoints a consultant to manage a 26% stake sale, aiming to strengthen its capital base and expand its footprint in the Indian banking sector.

HDFC Bank Trims MCLR Rates & SGB Redemption Price Announced

HDFC Bank Trims MCLR Rates & SGB Redemption Price Announced

HDFC Bank lowers MCLR by up to 10 bps, reducing loan EMIs. Meanwhile, RBI sets Sovereign Gold Bond 2020-21 Series VI redemption price at Rs 15,384.

IRDAI Warns of Fake Bima Bharosa Portal Scam: Stay Safe

IRDAI Warns of Fake Bima Bharosa Portal Scam: Stay Safe

IRDAI issues an urgent warning against a fake Bima Bharosa portal. Learn how to protect your sensitive personal and financial data from scammers.

ADB & Madhya Pradesh Partner for $1B Renewable Energy Push

ADB & Madhya Pradesh Partner for $1B Renewable Energy Push

Discover how the Asian Development Bank is mobilizing $1 billion in private sector investment for renewable energy projects in Madhya Pradesh, India.

Piyush Goyal Urges Pharma Sector to Drop Protectionism

Piyush Goyal Urges Pharma Sector to Drop Protectionism

Union Minister Piyush Goyal calls on India’s pharma industry to embrace global R&D, foreign investment, and value-based growth to maintain its leadership.

Rupee Edges Higher Against US Dollar on Equity Support

Rupee Edges Higher Against US Dollar on Equity Support

The Indian rupee gained 4 paise to 84.39 against the US dollar, supported by domestic equities and a softer dollar index amid persistent headwinds.

RBI Approves LIC to Acquire Up to 9.99% Stake in ICICI Bank

RBI Approves LIC to Acquire Up to 9.99% Stake in ICICI Bank

The RBI has approved Life Insurance Corporation (LIC) to acquire up to a 9.99% stake in ICICI Bank within one year. Read for key details.