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Finance

DFS Secretary chairs meeting to boost enrolments under PMJJBY, PMSBY

In a bid to push micro insurance schemes, Financial Services Secretary Vivek Joshi held a meeting with chief secretaries and senior officials of...

DBS Bank to enter affordable home loan segment by end of this fiscal

DBS Bank India on Tuesday said it will enter the affordable home loan segment by the end of this financial year as the...

Here’s how to check EPF passbook balance online or via SMS, missed call

EPFO raises interest rate to 8.15% for FY23 from 8.1% last year: ReportEPFO fixes 8.15% interest rate on employees' provident fund for FY23EPFO...

Corporates stare at 25% jump in financing cost this fiscal: Report

The rising interest rate burden, which is near the pre-pandemic levels and already up 30 per cent over FY22 levels, will force companies...

HDFC Bank to raise up to Rs 50,000 crore through bonds in FY24

HDFC Bank, the country’s largest private-sector lender, is planning to raise up to Rs 50,000 crore (about $6 billion) through bonds including additional...

Bank of America clients withdraw $2.3 bn from US stocks of all sizes

Banking sector medium of good governance, better service delivery: PM ModiSilicon Valley Bank collapse: Banking sector mutual funds lost 6% in a weekFino...

Indian companies to see higher interest burden in FY24 against FY22: Report

India Ratings & Research (Ind-Ra) said Tuesday, benefits to companies owing to lower interest rates and a reduction in debt are likely to...

HDFC Bank says it will raise $6 billion in debt over next one year

Indian private lender HDFC Bank Ltd said on Tuesday it would consider raising debt of 500 billion rupees (about $6 billion) over the...

DFS urges states, UTs to deepen micro-insurance schemes in 3-mth campaign

The department of financial services has urged the states and union territories to increase enrolments under the micro-insurance schemes of Pradhan Mantri Jeevan...

Citi, JICA announce co-finance loan to IndusInd Bank for agriculture sector

Axis Bank-Citi deal: Synergies seen FY25 onwards on deposit, AUM attritionAnalysts cautious on IndusInd Bank despite all-round beat in Q3; here's whyIndusInd Bank...

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