After opening close to 1,500 branches in 2022-23, HDFC Bank, the country's largest private sector lender, will continue expanding its branch network at the same speed in the current financial year. The lender says branch expansion is crucial for deposit mobilisation. As of March 31, 2023, HDFC Bank had 7,821 branches, up from 6,342 a year ago.
The development comes after the United States and Canada shot down three high-altitude airborne objects in recent days.
The Yamuna river in Delhi swelled to the highest recorded level in 10 years on Tuesday and is expected to rise further, officials said on Tuesday.
The choice should depend on the size of the retirement corpus, stage in life, and state of health.
He said the Uttar Pradesh police in all likelihood will seek his transit remand and also police remand to take him from Ahmedabad to Prayagraj and he "genuinely apprehends that he may be eliminated during this transit period".
A bench comprising Justice S P Kesarwani and Justice Vikas Budhwar passed the order on a writ petition filed by the owner of the property, Malati Devi.
The four public sector general insurance companies -- New India Assurance, United India Insurance, Oriental Insurance, and National Insurance Company -- have lost 800 basis points (bps) in market share in last five years to their private counterparts, the data from the Insurance Regulatory and Development Authority (Irdai) revealed. In 2018-19, the four had a cumulative market share of 40.04 per cent, with New India Assurance having a market share of 14 per cent and United India Insurance with a market share of 9.63 per cent. But, gradually in the past five years, these state-backed firms have lost their market share to private sector players, due to the declining health of their business.
Expanding investigation into allegedly wrongful claims of input tax credit by insurance companies, the tax authorities are probing a section of automobile dealers who have supposedly generated fake invoices without providing any service, which is a punishable offence under goods and services tax (GST) law. The authorities are learnt to have questioned the car dealers to explain the services they provided general insurance companies. The investigators suspect car dealers pitched for insurance schemes that give them commissions in excess of those insurance regulations permit.
The project was announced in September 2019 and Prime Minister Narendra Modi laid the foundation stone of the new Parliament building on December 10, 2020.
At least 24 vehicles were damaged after a truck lost control on the downward slope of a bridge on the Mumbai-Bengaluru highway late Sunday evening, in which several persons suffered injuries with eight of them being hospitalised, a police official said.
The eastern and northern parts of Delhi witnessed rain and hailstorm, IMD said.
'The CM wants to develop a Film City that would provide the entire value chain of film-making services and infrastructure in one place.'
The Congress' attack came after the Ayodhya Development Authority accused 40 people, including the City mayor, a local BJP MLA and a former party legislator, of illegally trading plots and building infrastructure there.
At least 120 insurance intermediaries and aggregators from across the country are under scrutiny, mainly from Mumbai, Gurugram and Bengaluru.
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.
The maiden voyage has 32 tourists from Switzerland signing up for the entire length of the journey.
'The act of demolition, for whatever reason, was far too hasty without even giving an opportunity of an appeal.'
Everyone is concerned about the safety of their lives, the Delhi high court observed on Thursday while hearing a plea related to earthquake preparedness in the national capital.
The Supreme Court on Monday sought responses from farmers and their associations, and the Centre to a plea by the Andhra Pradesh government challenging the high court decision which said the state legislature "lacked competence" to make any law for shifting, bifurcating or trifurcating the capital.
'It's the most ban-friendly country in the world as far as cinema is concerned.'
Concerned over rising incidence of mis-selling, the finance ministry has directed heads of public sector banks to put in place strong mechanisms to avoid unethical practices for selling insurance policies to customers. The Department of Financial Services has received complaints that fraudulent and unethical practices are adopted by banks and life insurance companies for procuring policies from the bank customers, a letter addressed to chairpersons and managing directors of public sector banks said. There have been instances where life insurance policies were sold to customers aged above 75 years in Tier II-III cities.
'While many policies say that they will cover mental illnesses, the wordings of a few still have mental illness as a permanent exclusion.' 'After the new IRDAI circular, such exclusions should go away.'
The authorities in Prayagraj have ordered the demolition of a private hospital where a dengue patient died after being transfused with what the family claimed was sweet lime juice and not blood platelets.
'I have issued an order for the formation of an inquiry committee to probe into the land allotted to the National Herald in Press Complex Bhopal, where commercial buildings have come up by violating the rules,' Madhya Pradesh Urban Administration Minister Bhupendra Singh tweeted on Friday.
The court issued notices to the state government and local authorities and also sought a status report in the matter by November 14.
SEE How a Maruti Swift became a 'Lamborghini'. WATCH Leopard cubs reunited with mom. SEE India's first multi-faith crematorium. The Best Videos This Week.
Patel's elevation and his subsequent projection as chief ministerial face -- he is the first from the Kadva Patidar sub-group to be the chief minister -- is key to BJP's plans to woo the Kadva Patidar community, which some political observers feel, has drifted away from the party.
Polling for the municipal elections in Delhi will be held on December 4 and votes will be counted on December 7.
Ayodhya mayor, a local BJP MLA and a former party legislator are among the 40 people whom the Ayodhya Development Authority has accused of illegally trading plots and building infrastructure in such land.
The Kashmir Files, a Bollywood movie on the exodus of Hindus from the Muslim-majority Kashmir Valley, will be banned in multi-racial Singapore as the film has been assessed to be 'beyond' the city-state's film classification guidelines, a media report said on Monday.
Several professors of Jawaharlal Nehru University and other institutions have accused a former JNU employee of duping them of crores of rupees promising them homes on a Delhi Development Authority (DDA) plot under a housing development scheme which was never there.
HDFC Bank expects to amalgamate its home loan major parent HDFC into itself by September next year, a top official said on Friday. Both HDFC and HDFC Bank held general meetings on Friday to seek shareholder approvals for what is billed as the largest merger in Indian corporate history at over $40 billion. At the time of announcing the merger on April 4 this year, the entities had said the merger will take 12-18 months.
Make sure that the person you are buying the plot from is the rightful owner.
The charges of "procedural lapses indicating corruption in land related matters" against the deputy secretary were from his tenure as Narela SDM, they said.
A dedicated party worker, who made his way up in the state politics from the municipality level, Patel was a surprise choice for the top post when the BJP decided to effect a regime change, replacing the entire ministry a year before the elections.
With organisations like the Bharatiya Mazdoor Sangh, which is a front of the Rashtriya Swayamsevak Sangh, telling Finance Minister Nirmala Sitharaman they want OPS back, the government is in a bind, report Shiva Rajora and Aditi Phadnis.
In the context of market integrity, the IRAI and RBI should go over the minutes of the LIC and SBI board meetings when the decisions to invest in Adani equity or debt were taken, notes Jaimini Bhagwati, former World Bank treasury professional.
"My natural length is a bit back from a good length. So because of my height, I trouble all kinds of batters. When Rohit Sharma and Virat Kohli praise you, what more do you need? Rohit bhai said, best of luck for your future," Irfan said.
Irdai on Friday extended the 'use and file' procedure for the most of the life insurance products, thereby allowing insurers to launch new products without prior approval of the regulator. This comes days after Insurance Regulatory and Development Authority of India (Irdai) extending similar relaxations to health insurance products as well as general insurance covers. In a press release, Irdai said that in its continuous endeavour towards the reform agenda taken up towards having a fully insured India, it has extended the 'use and file' procedure for most of the life insurance products.
MV Ganga Vilas will begin its journey from Varanasi and sail around 3,200 km in 51 days to reach Dibrugarh in Assam via Bangladesh, traversing across 27 river systems in the two countries, it said.
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