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CBI books 7 persons for involvement in Ponzi scheme generating cryptocurrency

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(adsbygoogle = window.adsbygoogle || ).push({}); The CBI has booked seven persons for allegedly being involved in Ponzi schemes promising high...
Money

 Jio launches JioSoundPay feature to replace merchant sound boxes

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(adsbygoogle = window.adsbygoogle || ).push({}); Reliance Jio Infocomm launched a ‘JioSoundPay’ feature for its JioBharat device, replacing merchant sound boxes...
Money

IRDAI imposes ₹1 crore penalty on Royal Sundaram General Insurance 

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(adsbygoogle = window.adsbygoogle || ).push({}); The Insurance Regulatory and Development Authority of India (IRDAI) has imposed a ₹1 crore penalty...
Money

Banks disburse ₹38,000 crore of loans under ULI pilot

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(adsbygoogle = window.adsbygoogle || ).push({}); Banks have disbursed a total of 7.5 lakh loans amounting to ₹38,000 crore till now...
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Shriram Finance Q3 PAT up 96 per cent on one-time gain

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(adsbygoogle = window.adsbygoogle || ).push({}); Non-banking finance company (NBFC) major Shriram Finance on Friday reported a 96 per cent year-on-year...
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ICICI Bank seen posting healthy Q3 PAT on stable NIM, healthy business growth

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(adsbygoogle = window.adsbygoogle || ).push({}); Private sector major ICICI Bank will likely post healthy growth in net profit for the...
Money

VRR auctions: Banks bid to draw more funds overnight than longer tenor

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(adsbygoogle = window.adsbygoogle || ).push({}); Banks look to be expecting liquidity conditions to ease next week, going by the bidding...
Money

Indian banks’ credit cost key monitorable for foreseeable future, Fitch Ratings official says

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(adsbygoogle = window.adsbygoogle || ).push({}); Credit costs play a critical profitability factor for Indian banks, as evidenced during the last...
Money

Bank of India’s Q3FY25 net profit up 35%

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(adsbygoogle = window.adsbygoogle || ).push({}); Bank of India (BoI) reported a robust 35 per cent year-on-year (yoy) increase in third...
Money

Financial institutions need to have another aggregator to protect them from frauds: DFS Secy Nagaraju

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(adsbygoogle = window.adsbygoogle || ).push({}); In the face of rising risk of fraud in the banking sector, financial institutions need...
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