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....

NBFC

LIC Housing Finance Q4 Results: Net profit decreases by 7.5%, amounting to Rs 1,091 crore

PJdesk - 16/05/2024 0

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...

NBFC

The RBI advises NBFCs to remain vigilant against potential risks at all times.

PJdesk - 16/05/2024 0

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...

Bank

HDFC Bank allocates 5-7% of its total expenses to technology investments

PJdesk - 16/05/2024 0

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...

Bank

SBI boosts interest rates for retail and bulk fixed deposits by a substantial 0.25% to 0.75%

PJdesk - 16/05/2024 0

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,...

News

U.S. consumer prices rose less than anticipated in April, with core CPI growth also slowing

PJdesk - 15/05/2024 0

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...

Insurance

The highly anticipated Go Digit IPO opens today for bidding

PJdesk - 15/05/2024 0

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...

News

Blackstone-led consortium is interested in acquiring the snacks business of India’s Haldiram’s.

PJdesk - 15/05/2024 0

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)...

Bank

NYCB is set to sell nearly $5 billion in mortgage warehouse loans to JPMorgan.

PJdesk - 15/05/2024 0

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...

News

Moody’s projects a 6.6% growth rate for the Indian economy in FY25.

PJdesk - 15/05/2024 0

Moody's prediction: Moody’s Ratings on Tuesday projected the Indian economy to grow by 6.6 percent in the current fiscal year. They noted that strong credit...

News

ABB invests in Ndustrial to accelerate decarbonization through AI-powered energy management technologies

PJdesk - 14/05/2024 0

ABB invests in Ndustrial ABB today announced a minority investment in Ndustrial, a US-based clean technology startup that has developed a leading-edge, AI-powered energy management...

FinTech

Paytm Leads the Way: Prioritizing UPI Lite for Seamless Low-Value Transactions

PJdesk - 14/05/2024 0

Paytm's Focus: UPI Lite for Low-Value Transactions On Monday, One97 Communications, the parent company of Paytm, announced its focus on the UPI Lite wallet to...

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