YES Bank raises base rate; HDFC Bank, Axis hike deposit rates.
Despite intermittent attempts by lenders to come out with fixed rate home loan products, the high interest rates (as compared to floating rate home loans) ensured that they were not considered as a real option by consumers.
These women are building billion-dollar brands, calling the shots in the financial markets, and crisscrossing the globe to broker international agreements and provide aid, the magazine noted
Assocham told Modi policy makers needed to act fast to "bullet proof" India from global jitters.
New borrowers should go for banks over housing finance companies as the new benchmark -- MCLR -- is more transparent.
After news of KV Kamath stepping down as the non-executive chairman, Infosys is on the hunt for filling up the post.
Will demonetisation lead to a rate cut, leading to higher quantum of lending?
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
The mutual fund (MF) industry has seen a fair number of new entrants in the last 10 years but none of them have proved to be much of a challenge for the larger players. The list of top 20 fund houses, which manage over 90 per cent of the industry's total assets, continues to be dominated by players who have been in the business for more than a decade. Bajaj Finserv MF may change that, say experts.
Exactly a fortnight ahead of the Reserve Bank of India's (RBI's) next monetary policy review, a key market indicator of interest rates - the overnight indexed swap (OIS) - suggests that the central bank may tighten policy by 35 basis points and then refrain from further rate hikes. RBI Deputy Governor Michael Patra recently described the OIS as the primary instrument for hedging interest rate risk in India. The six-member Monetary Policy Committee (MPC) of the RBI will meet on December 5-7.
'While I am personally pained at the raids on Dr Roy's home, I want to ask five questions of those crying themselves hoarse over the attack on the "freedom of the press",' says Sudhir Bisht.
At the heart of Friday's case lay an ICICI Bank loan owed by Mallya's Watson and CASL, for which Diageo stepped in as a backstop so that it could be refinanced by Standard Chartered Bank.
Since infrastructure projects have long gestation periods, investors need to enter them with a long horizon of at least 10 years.
Sunak announced that the Immigration Health Surcharge (IHS) would be hiked from 400 pounds to 624 pounds.
Shikha Sharma's contentious appointment as CEO of Axis Bank doesn't detract from her sound reputation in the financial world.
Independent directors were supposed to safeguard the interest of all stakeholders.
RBI has cited at least 10 areas where it has no control over PSBs.
Twenty years after India's insurance sector was opened up, unshackling the control of state-owned companies, as many as 50 private players have set up shop. Along with their foreign partners, private players have brought about a sea change in the product offering, distribution and underwriting processes, and services levels. Yet, India's insurance penetration needle has not moved much.
More and more the buck will stop at the board. Look no further than Infosys, says Amit Tendon.
Top gainers in the Sensex pack included Hero MotoCorp, Maruti, M&M, Bajaj Auto, HUL, HCL Tech, Bajaj Finance, ITC, HDFC and L&T, rising up to 7.51 per cent.
A glance back at some of the important ups and down Indian Inc faced in 2018.
The list acknowledges the 'inroads women are making in the business world'.
RupeePower aims to become the No 1 originator of financial products.
Market breadth is positive with 942 advances and 196 declines.
From auto, refrigerator, and mobile handset makers to real estate firms, companies are tying up with banks to dole out attractive finance schemes and discounts to make buying more affordable.
Persistent capital inflows by domestic institutional investors and retail investors kept the markets in fine nick
Unified Payments Interface launched to simplify mobile banking.
'For the next three months or so, the market will go down.' 'Traders do not have Rs 100 notes.'
The 30-share S&P BSE Sensex ended up 130 points at 25,400 and the Nifty50 rose 46 points to close at 7,759.
Audi's strategy seems to point to pushing technology to directly connect with consumers using digital platforms and marketing to synchromesh into one seamless experience, says Pavan Lall.
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The Tata Group says it is bullish on investment in India.
UK operations of several Indian companies might take a hit.
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Bankers remained ambivalent on the impact of Tuesday's policy announcement by Reserve Bank on the cost of funds and refrained from giving a guidance on the direction in which lending rates are headed.
The Nifty50 slipped 33 points to close the session at 8,509 after hitting an intra-day high of 8,587.
E-commerce companies have understood the importance of having their own in-house wallet, explaining their acquisition spree, says Manoranjan Mohapatra.
ICICI Bank CEO Chanda Kochhar stirred a hornet's nest this week when she linked the low numbers of women in B-school to a focus on quantitative ability in the testing process.
Collapse of the mobile operator could translate into total loss of nearly Rs 44,000 crore for the AV Birla group.
HSBC maintained "overweight" rating on Indian equities, saying "fundamentals are strong".
For longer tenure products, they offer higher returns compared to other instruments. But for shorter tenures, things are getting tighter for investors.
Investors lost around Rs 1.57 lakh crore in market valuation on Friday.
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