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HDFC Life Insurance announces a bonus of Rs 3,722 crore for its policyholders
HDFC Life Insurance announcement:
HDFC Life Insurance announced its highest-ever bonus of Rs 3,722 crore on participating plans for nearly 22.23 lakh policyholders on Wednesday....
LIC Housing Finance Q4 Results: Net profit decreases by 7.5%, amounting to Rs 1,091 crore
LIC Housing Finance Q4 Results:
On Wednesday, mortgage financier LIC Housing Finance reported a 7.5% decline in its net profit, which stood at Rs 1,091...
The RBI advises NBFCs to remain vigilant against potential risks at all times.
RBI's Warning to NBFCs
During an interaction on Wednesday, RBI Deputy Governor Swaminathan J urged Non-Banking Financial Companies (NBFCs) to bolster their governance and assurance...
Cipla’s promoters sell a 2.53% stake via a block deal valued at Rs 2,750 crore
Cipla Promoters Sell 2.53% Stake
Cipla's Promoters Sell 2.53% Stake to Facilitate Philanthropic Endeavors Cipla's main shareholders, including Shirin Hamied, Samina Hamied, Rumana Hamied, and...
HDFC Bank allocates 5-7% of its total expenses to technology investments
HDFC Bank news update:
HDFC Bank allocates 5-7% of its overall expenses to technology, according to Parag Rao, Country Head of Payments, Liability Products, Consumer...
SBI boosts interest rates for retail and bulk fixed deposits by a substantial 0.25% to 0.75%
SBI rates boost:
SBI, the largest lender in the country, increased interest rates for retail and bulk fixed deposits by 0.25% to 0.75% on Wednesday,...
U.S. consumer prices rose less than anticipated in April, with core CPI growth also slowing
U.S. consumer prices rose
U.S. consumer prices increased less than expected in April, indicating that inflation resumed its downward trend at the start of the...
The highly anticipated Go Digit IPO opens today for bidding
Go Digit IPO Update
Power couple Anushka Sharma and Virat Kohli-backed Go Digit is set to launch its initial public offering (IPO) on Wednesday, May...
Blackstone-led consortium is interested in acquiring the snacks business of India’s Haldiram’s.
Blackstone-led consortium is interested in acquiring the snacks business:
A consortium that includes Blackstone, Singapore state fund GIC, and the Abu Dhabi Investment Authority (Adia)...
NYCB is set to sell nearly $5 billion in mortgage warehouse loans to JPMorgan.
NYCB is set to sell nearly $5 billion:
EMBATTLED regional lender New York Community Bancorp (NYCB) announced on Tuesday (May 14) that it has agreed...
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BlackRock forecasts cryptocurrency and blockchain as key market forces by 2026
BlackRock, the global investment giant overseeing $10 trillion in assets, has highlighted Bitcoin, Ether, and stablecoins as key forces shaping global markets by 2026.
In...
Binance will list Ripple USD (RLUSD) and introduce RLUSD zero trading fee promotion
Ripple's dollar-pegged stablecoin RLUSD will launch spot trading on Binance starting Thursday, initially supporting the Ethereum blockchain, with integration into Ripple's own XRP Ledger...
Cabinet approves continuation of Atal Pension Yojana (APY) and extension of funding support for promotional and developmental activities and gap funding till 2030-31
The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today approved the continuation of Atal Pension Yojana (APY) up to FY 2030-31...
Cabinet approves equity support to Small Industries Development Bank of India
The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi has approved the equity support of Rs.5,000 crore to Small Industries Development Bank...