Mumbai: The sensational Rs 22,842 crore mega loan fraud allegedly perpetrated by the Gujarat-based ABG Shipyard Ltd (ABGSL) did not spare the IPO-bound Life Insurance Corporation of India (LIC) while the ICICI Bank and the IDBI Bank took the worst-hit among other government, private, foreign banks, NBFCs, as per official data. The State Bank of […]
For regular savings, salary accounts and their variants, the cash transaction charges at home branch (where the account is opened or ported)is pegged at Rs 5 per Rs 1000 transaction, subject to a minimum of Rs 150.
Bonus is the share of profits generated by the company's participating policyholder's funds, which are added to their guaranteed maturity benefits, thus enhancing the corpus.
Warangal Urban: Chaitanya Deemed to be University (CDU) is standing at the 31st position with regard to placements in entire India. Impressed by the academic standards of Chaitanya, four State-funded American Universities (Alabama, East Michigan, Virginia Commonwealth and Savannah) have entered into an MoU with CDU. In India, the CDU has MoUs with ICCT, Maruti […]
The soaring NPAs, despite several interventions like Dispute Resolution Tribunals, Asset Reconstruction Companies and Insolvency and Bankruptcy Code, now get another pill
The 30-share BSE index was trading 1,427 points or 2.88 per cent lower at 48,164.32.
Similarly, the broader NSE Nifty plunged 431.90 points or 2.91 per cent to 14,402.95.
In a statement, the AINBOF said privatization will primarily impact the general public only as the social objectives will be lost in the name of profitability.
Notwithstanding the sell-off in the broader market, the stock made a debut at Rs 109, reflecting a gain of 15.95 per cent as compared to the issue price on NSE
The Facebook-owned company noted that its 'Payments' feature is now available to users across the country (currently up to 20 million users) with support from banking partners - State Bank of India, HDFC, ICICI and Axis Bank.