Karuvannur Bank Scam: Rs 263 Cr Still Unpaid to Depositors
Years after the Karuvannur cooperative bank scam surfaced, over Rs 260 crore remains locked for 30,078 depositors. Govt data reveals slow repayments hinge on loan recovery. Details inside.
Years after the Karuvannur cooperative bank scam surfaced, over Rs 260 crore remains locked for 30,078 depositors. Govt data reveals slow repayments hinge on loan recovery. Details inside.
Banks will be shut for up to six days next week in parts of India due to festivals and weekends. Check the full state-wise list of closures and available online services.
Japan's MUFG acquires a 20% stake in Shriram Finance for Rs 39,618 crore, marking the largest FDI in India's financial services sector. This strategic partnership aims to boost capital and global expertise.
Japan's largest bank, MUFG, makes a historic Rs 39,618 crore investment for a 20% stake in Shriram Finance, marking the largest FDI in India's financial services sector. Read details.
Piramal Finance sells its entire 14.72% stake in Shriram Life Insurance to South Africa's Sanlam Group for Rs 600 crore. Read about the strategic exit and its impact.
Japan's MUFG Bank invests Rs 39,618 crore for a 20% stake in Shriram Finance, marking a major FDI in India's NBFC sector. Deal awaits shareholder, regulatory nods.
Piramal Finance divests its entire 14.72% holding in Shriram Life Insurance to Sanlam for ₹600 crore. Details on the strategic exit and market impact inside.
Nine months after a three-way merger created India's second-largest NBFC, Shriram Finance charts a path of sustainable growth, focusing on diversification and asset quality over aggressive expansion. Read the inside story.
Japan's Mitsubishi UFJ Financial Group (MUFG) will invest ₹39,618 crore for a 20% stake in Shriram Finance, marking a major cross-border deal. Discover the strategic implications for India's NBFC sector and the growing Japan-India investment corridor.
MarketSmith India recommends Shriram Finance and Canara HSBC Life Insurance for 19 December. Get expert analysis, target prices, and key risks to guide your investment strategy.
Shriram Finance calls press conference on 22 December amid reports of Japan's MUFG acquiring a 20% stake for up to $5 billion. Get the latest strategic updates.
Bollywood icon Madhuri Dixit Nene and her husband sell their Juhu apartment for ₹3.9 crore, making a significant profit. Discover all the details of this prime Mumbai real estate deal.
Japanese financial giants MUFG and Mizuho make multi-billion dollar investments in Shriram Finance and Avendus, signaling massive global confidence in India's growing financial services market. Read the full details.
Japan's Mitsubishi UFJ Financial Group plans a massive $4.5-5 billion investment for a 20% stake in Shriram Finance, marking a major foreign bet on India's NBFC sector. Details inside.
The RBI grants in-principle approval for Fino Payments Bank to convert into a small finance bank, marking a historic first. This move will allow it to offer lending services and expand its portfolio. Read more about the implications.
Fino Payments Bank, now an SFB, plans a strategic shift towards secured lending like property loans, avoiding unsecured risks. Read about its merchant-focused growth plan.
The Reserve Bank of India has given in-principle approval for Fino Payments Bank to transition into a small finance bank. This marks a major milestone for the 18-year-old company. Read more about the implications and Fino's unique strategy.
On Dec 5, 1985, sulphuric acid fumes from a Delhi factory leak caused widespread panic, just a year after Bhopal. L-G ordered a probe, three executives arrested. Read the full story.
Speb Adhesives IPO allotment is finalised today, Dec 4. Check status via NSE or MUFG Intime. The ₹33.73 crore issue was subscribed 2.34 times. Listing is on Dec 8.
Compare top FD interest rates from leading NBFCs like Muthoot Capital (9.10%), Shriram Finance, and Bajaj Finance. Find the best returns for your investment tenure. Make an informed choice today!
Madhuri Dixit reveals how her working mother-in-law, who is over 80, and supportive in-laws were crucial for her Bollywood return. Read her inspiring story on family and career balance.
Madhuri Dixit reveals how her in-laws' belief in a woman's identity enabled her Bollywood return. Discover her journey from homemaker to star.
Bollywood icon Madhuri Dixit reveals how her sons, Arin and Ryan, are forging their own paths on YouTube, free from the pressure of her legacy. Discover the family's digital journey.
Yes Bank and Union Bank of India set to join NSE's Nifty Bank index, expanding it to 14 stocks. New SEBI rules trigger $670M outflows from HDFC, ICICI Bank. Read the full analysis.
Shares of Bajaj Housing Finance tumbled over 9% after a massive block deal worth ₹1,890 crore. The move follows Bajaj Finance Ltd.'s plan to sell a stake. Read for key details and market impact.
Punjab National Bank closes applications for 750 Local Bank Officer posts today. Check eligibility, pay scale, and how to apply online at pnb.bank.in before the deadline.
Bollywood icon Madhuri Dixit opens up about her marriage to Dr Shriram Nene, his unawareness of her stardom, and her quiet life in the US. Read her candid interview.
India plans new public sector bank mergers to create global-sized lenders. While aiming to fund major projects, the move raises concerns over heightened systemic risk and concentration. Can India achieve scale without amplifying vulnerabilities?
Banks in Itanagar, Kohima, and Panaji will remain closed next week for state holidays. Check complete December 2025 bank holiday calendar and available online services.
Banks remain operational across India on November 29, 2025, being the fifth Saturday. Check regional exceptions in Arunachal Pradesh and Nagaland. Plan your banking activities accordingly.