Latest Updates

In what could give mutual fund industry the much needed lift after a poor market sentiment that triggered outflows of Rs 21,535 crores in June, the net inflow in various mutual fund schemes touched a whopping figure of Rs 1,02,720 crores in July, as...

Three leading private sector banks in the country viz, HDFC bank, Axis bank and ICICI bank are going to charge you a minimum of ₹ 150 after you make more than four cash transactions in a month. This move is effective from today. March 2, 2017,...

Buoyed by the positive investor sentiments after the passage of much delayed GST Constitution Amendment Bill in both houses of Parliament last month, India's equity markets got a shot in the arm with mutual fund houses pumped in investments of over...

The second bi-monthly RBI monetary policy review of 2017 is set to happen tomorrow i.e. April 6. Seeing the RBI’s shift from accommodative to a neutral stance, there is a widespread speculation that the central bank may hold on to the key policy...

In what could be seen as a significant development in the life insurance industry, HDFC Life, Max Life and Max Financial Services gave their nod to the merger of life insurance businesses among the entities. The estimated market value of the...

In accordance with media reports, there is a fair chance that the Reserve Bank of India may bring new ₹200 note. The decision regarding this was taken last month. The printing of new banknotes is expected to begin after June once the Modi...

The Government of India has given its nod to the merger of Bharatiya Mahila Bank (BMB) with the country’s leading public sector bank, State Bank of India. Mahila bank was incorporated in the year 2013 and was inaugurated by former Prime Minister...

State bank of India, the largest Public sector bank in India has expanded its horizon with the first ever large scale consolidation in the Indian banking history. With the merger of 5 associate banks- State bank of Bikaner and Jaipur, State bank of...

Of late, the US-headquartered technology company, Google has endeared itself to Indians with its Wi-Fi project with the Indian Railways, helping millions of commuters connect to the web. And, now the company wants to do more! Yes, you heard that...

With the ‘six way mega merger’, State bank of India has become the 45th largest bank in the world. The merger of SBI with five of its associate banks - State bank of Bikaner And Jaipur, State bank of Hyderabad, State bank of Mysore, State bank...