Banking Finance - Latest News, Analysis, Opinion

The product provides life insurance covers up to 100 times the annual premium and enables customers to maximise returns by offering 18 funds options spread across equity and debt to choose from

India Crypto Investment Trends: Active Traders At 19%, 80% Of 18-30 Year Olds Invested Last Year

Among 31–45-year-olds, 50 per cent invested more than Rs 40,000 in virtual digital assets, with 84 per cent investing in the past year

RBL Bank Q1 FY24 Net Profit Surges 43% YoY to Rs 288 Crore

The bank's return on assets (ROA) stood at 1.01 per cent compared to 1 per cent in Q4 FY23

Tata Tele Business Services Launches Smartflo UCaaS In Collaboration With MS Teams

With the increasing number of enterprises perpetually operating with a blend of an onsite and remote workforce, the demand for UCaaS solutions is expected to rise

AU Small Finance Bank Q1 Net Profit Surges 44% YoY, GNPAs Decline To 1.76%

The bank reported a notable 44 per cent year-on-year increase in net profit, soaring to Rs 387 crore from Rs 268 crore in the same period last year

ICICI Banks Q1 Profit Up 40% YoY To Rs 9,648, Beats Estimate

Banking & Finance Banking

The bank's retail loan portfolio grew by 21.9 per cent year-on-year and 4.5 per cent sequentially

YES Bank's Q1FY24 Net Profit Surges 69.2% Q-o-Q

The bank's net profit soared to Rs 343 Crores, showcasing 10.3 per cent year-on-year growth

Indian Bank Introduces Resources Acquisition Centre To Strengthen Deposit Portfolio

The primary objective of this initiative is to reinforce the Retail Deposit Portfolio, including Current Deposit, Savings Bank, and Term Deposit accounts

About 22 Nations Opened Special Bank Accounts In India To Trade In Rupee: Minister

Banking & Finance Banking

The RBI allowed invoicing and payments for international trade in Indian Rupee on 11 July 2022

HDFC Life Q1 Net Profit Up 15% To Rs 415 Cr

Banking & Finance Banking

In comparison to the same quarter last year, the overall premium increased 16 per cent to Rs 11,673 crore

RULoans Launches App To Facilitate Loan, Credit Card Sourcing

The company will integrate over 20 leading Banks, NBFCs and Fintech into Ruconnect within this financial year. RUConnect has more than 30 per cent active partners at a given point in time.

Common Mistakes To Avoid While Filing Income Tax Returns

Poonam Singh

Here are the most common mistakes that taxpayers make, and some tax experts have listed a few mistakes to be avoided

IDFC First Bank Plans To Raise 2,000 Cr In FY24

IDFC First Bank has board approval to raise Rs 4,000 crore and has already raised close to half that amount through a preferential allotment to IDFC

Late Filing Consequences: Penalties And Impact On Taxpayers

Poonam Singh