Hela May 13, 2019

Let’s discuss the fees and charges attached to personal loans to help you better evaluate how much do they actually cost. If you were unsure about the popularity of personal loans in the country, check out this statistic: the total number of unsecured instalment loans stands at 16 million accounts as of December 2018 with […]

Hela May 11, 2019

New York: Uber Technologies Inc’s shares fell nearly 9% in their debut on Friday, marking a rocky start to one of the most high-profile US initial public offerings since Facebook Inc’s seven years ago. The stock’s opening at $42 (Rs 2,940) undermined Uber’s strategy to price its oversubscribed IPO conservatively at $45 (around Rs 3,150) per […]

Hela May 10, 2019

While the concerns last week hovered around US decision to withdraw waivers on imports from Iran that led to a rise in crude oil prices and fall in equity markets, a growing concern over escalation of US-China trade war has spooked the market worldwide. The benchmark Sensex at the Bombay Stock Exchange fell sharply by […]

Hela May 8, 2019

Have you ever marveled at the superheroes you see in movies? If you are a fan of DC Comics or Marvel Studio, then you know what I am talking about, but that’s just a movie. What if I told you that you could be a part of the world-changing revolution in the micro-financing world? Talk […]

Hela May 5, 2019

The Indian real estate industry, which has been quite a conundrum, has started to see investment by foreign investors. At this point, the retail real estate market appears promising despite global concerns and economic uncertainty due to various initiatives and measures introduced by the government to restore confidence in the sector. After the liquidity crisis in […]

Hela May 3, 2019

Standard Life (Mauritius Holdings) will off-load 1.78% stake in HDFC Life Insurance Co for ₹1,404 crore beginning Friday. The sale will be undertaken in two slots — non-retail investors on Friday and for retail investors next week. The sale is being undertaken by the seller — Standard Life (Mauritius Holdings) — to achieve the minimum public shareholding in the […]

Hela April 30, 2019

Kolkata: Capital requirement for microfinance firms may shrink in the next few years, with many of them adopting new business models requiring less capital. Several smaller microfinance institutions or MFIs have started working as business correspondents – partly or fully, wherein these entities originate loans on behalf of their partner banks, to conserve capital. Raising capital has been the key challenge […]

Hela April 29, 2019

Public sector lender Canara Bank and its life insurance partner Canara HSBC Oriental Bank of Commerce Life Insurance Saturday announced the launch of ‘Webassurance’. Four life insurance products of Canara HSBC OBC Life would be made available to customers of Canara Bank, covering the key needs of child future, savings and investments, retirement planning and […]