Hela September 27, 2019

Washington: Expressing serious concern over substantial drop in investment in the country in the last decade, India’s Chief Economic Advisor Krishnamurthy Subramanian has said investment is key to the country becoming a USD5-trillion economy in five years. Subramanian told a Chicago audience last week that he has identified three engines to promote investment – land reform (land acquisition […]

Hela September 24, 2019

The State Bank of India (SBI), the country’s largest lender, on Wednesday said it will raise up to Rs 3,465 crore by selling up to 4.5 per cent stake in its insurance arm SBI Life Insurance Company, subject to requisite approvals. “The Executive Committee of Central Board (ECCB) of State Bank of India (SBI) in […]

Hela September 23, 2019

A personal loan is a credit that a bank offers to a person based on the applicant’s credit worthiness. There is no security required for this kind of loan. This means that if you need funds for a short period of time to meet an emergency expense or go on a vacation or pay for […]

Hela September 21, 2019

“Hassle free experience with minimum documentation, no bank visits, no unwanted calls. Get pre-approved-personal loans with faster disbursal.” You might have received hundreds of such SMSes or calls from bank executives congratulating you on being only a few steps away from securing a pre-approved loan under your name. So, what is a pre-approved personal loan? […]

Hela September 17, 2019

Ganesh Chaturthi and Onam mark the beginning of festival season in India. Very soon, we will celebrate Navratri and Diwali as well. As the joyous season is ushered in, costs also tend to spiral as you tend to spend on clothing, new household stuff you wish to buy, mobiles, jewellery and vehicles among other things. […]

Hela September 16, 2019

Brand Aware” explores the data-driven digital ad ecosystem from the marketer’s point of view. Today’s column is written by Sachin Puri, vice president of growth marketing at McAfee. Not a day passes in the marketing world without someone name-dropping machine learning and artificial intelligence in a meeting. The underlying myth is that machine learning is the […]

Hela September 15, 2019

The consistent plunge in domestic equities over the last one and a half years has had a marked negative impact on individual equity portfolios. As one can sense from recent speeches by the Finance Minister, the government is actively taking corrective measures to bring stability and infuse positivity in the economy. On the domestic front, […]

Hela September 13, 2019

Analysts remain cautious; say much would depend on long-term strategy Shares of private sector lender YES Bank ended over 13 per cent higher on the BSE amidst talk of a stake-sale by Rana Kapoor and the bank infusing more capital. The bank’s scrip ended 13.47 per cent higher at ₹71.6 apiece on the BSE on Wednesday. YES Bank’s […]

Hela September 9, 2019

The microfinance industry witnessed a 42.9 per cent growth in first quarter of 2019-20 over the corresponding period last year, with the total loan portfolio at Rs 1,90,684 crore as on June 30, 2019, Microfinance Institutions Network (MFIN) said in a report. The total number of microfinance loan accounts stood at 9.27 crore in April-June quarter of […]