NBFCs were the largest net borrowers of funds from the financial system with gross payables of around Rs 7.46 lakh crore and gross receivables of around Rs 56,000 crore as at September-end... Read more »
This is the second straight monthly reduction in LPG rate. On December 1, subsidised LPG price was cut by Rs 6.52 per bottle. Read more »
The crisis had an impact on the wider financial markets as risks from possible asset liability mismatches at other NBFCs got recognised. Read more »
RBI has placed 11 state-run banks, including Bank of India, Allahabad Bank, United Bank of India, Corporation Bank, IDBI Bank and UCO Bank, under the PCA framework. Read more »
Square Appointments now has Instagram and Google integration. Read more »
The top 100 large borrowers accounted for 16 per cent of the gross advances and 21.2 per cent of GNPAs of banks, according to the RBI report. Read more »
RBI said stress tests done by the central bank have pointed to an improvement in the ratio in future. Read more »
The tie-up will see 3,238 branches of Allahabad Bank across the country offer SBI Life's range of protection, wealth creation and savings products to its customers. Read more »
Here is what you need to know to figure just how much financing you need to get your business up and running. Read more »
Put those woodwork skills to good use making products people want. Read more »