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Credit Suisse saw $69 billion of outflows before UBS takeover

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By Marion Halftermeyer Credit Suisse Group AG reported 61.2 billion francs ($69 billion) of outflows in the first quarter and took a large writedown...
Finance

JM Financial Home Loans, Indostar Capital Finance to explore merger

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IndoStar Capital Chief Executive Deep Juggi quits after short stintWhat challenges could emerge from the Air India-Vistara merger?TMS Ep316: Pvt credit, Air India-Vistara...
Finance

LIC total premium rises 17% to Rs 2.32 trn from Rs 1.99 trn in FY23

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Life Insurance Corporation (LIC) on Monday said its total premium rose 17 per cent to Rs 2.32 lakh crore during FY2022-23. The same stood...
Finance

IndusInd Bank promoters get in-principal approval to raise stake: CEO

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RBI hikes repo rate by 35 bps to 6.25%, cuts FY23 GDP forecast to 6.8%RBI MPC: Here is what experts have to say...
Finance

India’s 10-yr yield hits 7-month low on policy pivot bets, say traders

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Indian government bond yields plunged on Monday, with the benchmark 10-year bond yield dropping to its lowest level in more than seven months,...
Finance

Good times for the Swiss watches; 2022 saw highest ever demand in India

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Swiss Re Group sees India units taking lead owing to more senior rolesTaxmen probe rich Indians for having foreign policies without approvalMumbai Indians...
Finance

Ultra-rich Indians are now parking more money in gold: Knight Frank survey

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Wealth of 9 in every 10 ultra-rich Indians rose in '22: Knight Frank reportPhilanthropy by India's super rich falls by a third in...
Finance

Fintech companies in talks to decide on rules for self-regulation

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Deeply influenced by the country's ever-changing regulatory landscape, digital payment players are negotiating the formation of a self-regulatory organisation (SRO) to develop uniform...
Finance

A snapshot of personal loan rates offered by various banks with details

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SBI personal banking loan book up Rs-5 trn mark, helped by digital pushHow have the home loan EMIs changed since RBI's repo rate...
Finance

SBI General FY23 net profit jumps 40% to Rs 184 cr, premium up by 17.6%

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SBI General Insurance, the unlisted arm of State Bank, on Friday said its net income surged 40 per cent year-on-year to Rs 184...
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