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RBI revises norms for pre-closure charges on certain loans

The apex bank has sought comments on the draft guidelines. "Availability of easy and affordable financing to Micro and Small Enterprises (MSEs) is of paramount importance....

Sundaram Home Finance bets big on emerging business segment

The Emerging Business comprises small business loans of up to Rs. 20 lakhs to small shops and businesses and affordable housing finance where the...

RBI bats for growth, cuts Repo rate

Repo rate is the interest rate at which banks borrow money from the RBI. It is also known as the repurchase agreement rate. The Repo...

Highlights of tax proposals in Budget 2024-25 presented by the Finance Minister, Mrs. Nirmala Sitharaman, in Parliament on February 1.

Sector-specific customs duty proposals Medicines and medical equipment Three cancer drugs - namely Trastuzumab Deruxtecan, Osimertinib and Durvalumab - are fully exempted from custom duty. ...

Highlights of Budget 2024-25 presented by the Union Finance Minister, Mrs. Nirmala Sithraman in Parliament on February 1.

Budget Estimates 2024-25: Total receipts other than borrowings: Rs. 32.07 lakh crore. Total expenditure: Rs. 48.21 lakh crore. Net tax receipt: Rs. 25.83...

Wheels India Q3 net up to Rs 22.57 crore

The company registered revenues of Rs 1058 crore for quarter under review compared to Rs. 1131 crore in the same quarter the previous year. Srivats...

InvAscent invests Rs 110 crore in Geri Care to pick up minority stake

Founded in 2018 by renowned geriatrician, Dr Lakshmipathy Ramesh, Geri Care offers a 360-degree continuum care model for senior citizens, with a network of...

Dr S Prakash of Star Health to join Bajaj General Insurance

Prakash had quit the recently-formed Galaxy Health Insurance, a joint venture between the family of V Jagannathan (who was the original promoter of Star...

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