The Insurance Regulatory and Development Authority of India (IRDAI) has established a mandatory 4% cession requirement for general insurance companies in the financial year 2026-27, aiming to enhance market stability and risk distribution.
The Telangana SEEEPC Survey-2024 reveals a stark urban credit divide, with towns like Jayashankar Bhupalpally showing 21.1% of households relying on moneylenders, far above the state average of 3.6%. Caste disparities persist, highlighting financial exclu
A CBI court in Visakhapatnam has convicted five SBI officials and two private persons for a bank fraud involving Rs 9.19 crore. The officials abused their positions to facilitate fraudulent loans.
The Central Bureau of Investigation has taken six accused on a three-day remand in the alleged fraud case involving IDFC First Bank and AU Small Finance Bank in Haryana, intensifying the probe.
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A landmark Bombay High Court ruling could redefine bank liability for cyber fraud, shifting responsibility and prompting stricter security measures to protect customers.
In a sharp market correction, silver prices plummeted by Rs 5,700 per kg, while gold declined by Rs 1,600 per 10 grams in Delhi, driven by global trends and reduced demand.
The Indian government has updated the list of banks authorized to import gold and silver under the Foreign Trade Policy, impacting trade and compliance in the precious metals sector.
MyCrediBro, a trusted financial service platform in India, is revolutionizing credit access by offering transparent and value-driven solutions to simplify the borrowing process for consumers.
Gold futures in India have risen to Rs 1.53 lakh per 10 grams, driven by firm global trends and increased demand. This surge reflects ongoing market volatility and investor interest in safe-haven assets.
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Explore the critical decision for high-growth companies on switching from traditional banks to neobanks, focusing on scalability, costs, and digital needs.
Paramatrix Technologies' Playmity platform has been honored with the Best Product Innovation Award at the BFSI Tech Summit, recognizing its groundbreaking contributions to the banking and financial services industry.
Gold futures on MCX trade near ₹1,52,870 with bearish technical indicators. Jateen Trivedi of LKP Securities suggests a sell-on-rise strategy amid weak intraday signals and resistance at ₹1,53,000-₹1,53,250.
Paras Defence & Space Technologies shares gained on Thursday after the company announced a strategic partnership with a US-based firm to develop advanced aerial refuelling systems.
Karnataka government supports a new credit scoring system for rural lending, aiming to improve financial inclusion and access to loans for farmers and small businesses.
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Supreme Court dismisses Anil Ambani and RCom's appeals against fraud tagging of bank accounts, upholding Bombay HC order in alleged Rs 30,000 crore loan diversion case.
Godrej Capital plans to double its assets under management to Rs 50,000 crore by FY28, driven by new ventures like gold loans and affordable housing finance, with branch expansion nationwide.
Gold sales in Ahmedabad during Akha Trij are forecast to fall significantly, with high prices and cautious consumer sentiment leading to subdued demand, according to jewellers and industry associations.
A Mumbai consumer commission has directed the defunct Go Airlines to refund Rs 63,161 with 8% interest to a passenger for a last-minute flight cancellation in 2019. The airline had claimed operational constraints but failed to provide evidence.
BSNL reintroduces the 'Freedom Plan' in Kerala, offering prepaid mobile connections for Rs 1 with unlimited calls, 2GB daily data, and 100 SMS/day until April 30 to showcase its indigenous 4G network.
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The District Consumer Disputes Redressal Commission in Ballari has directed Karnataka Grameena Bank and United India Insurance to pay Rs 2 lakh with interest for wrongfully rejecting a PMSBY claim after a policyholder's death.
The Reserve Bank of India has instructed state-run oil refiners to reduce spot dollar purchases and utilize a special credit facility through SBI to ease pressure on the rupee, which has fallen over 3% this year.
A delegation from ICAI's Western India Regional Council met Maharashtra's Co-operative Commissioner to discuss audit reforms, fee revisions, and professional involvement in policymaking for the state's co-operative sector.
The Indian rupee appreciated by 10 paise to close at 93.23 against the US dollar in the forex market, driven by positive domestic cues and global factors.
As India emerges as a top cryptocurrency market, investors must prioritize platform security. This guide outlines a four-pillar framework, using Binance as a benchmark, to verify safety standards and protect digital assets effectively.
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Nominee facilities in savings accounts ensure seamless transfer of funds to family members, preventing legal hassles and financial uncertainty during emergencies.
LIC Housing Finance Limited has launched its Junior Assistant recruitment drive for 2026, offering 180 positions across India. Online registration begins April 16, 2026, with applications closing April 30, 2026. Eligibility includes graduation with 55% ma
Gold and silver prices saw significant gains on April 16, with 24-carat and 22-carat gold rates varying across major Indian cities like Chennai, Delhi, and Mumbai. COMEX gold and silver also rose amid global market trends.
Gold and silver prices are poised for further gains, with MCX gold targeting 165,000 and silver eyeing 280,000, according to Abhilash Koikkara of Nuvama. Key support levels at 148,500 and 230,000 will be crucial for maintaining the bullish trend.
The Indian rupee appreciated by 6 paise to 83.27 against the US dollar in early trade, driven by positive domestic equity trends and foreign fund inflows, amid global market volatility.
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HDB Financial Services shares surged over 13% after reporting a 41% increase in March quarter profit, driven by robust loan growth and improved asset quality.
