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HDFC Standard Life Insurance Company, one of Indias largest private life insurers has announced launch of a new and enhanced version of its flagship and highly popular term product Click 2 Protect 3D Plus.

HDFC Life elevates Vibha Padalkar as MD and CEO

Her appointment came after the current MD and CEO, Amitabh Chaudhry, resigned on September 8.

12 Sept 2018 3:52 PM IST

Global ratings agency Fitch on Monday said it is doubtful about the strength of corporate governance at ICICI Bank, amid allegations of impropriety against its MD and Chief Executive Officer Chanda Kochhar.

ICICI Bank warns of too much focus on tech-driven lending

ICICI Bank official has cautioned against excessive use of computer algorithms in lending and has called for applying...

12 Sept 2018 2:55 PM IST

EEPC India on Monday said Indias exports grew by 17 per cent to USD 76 billion in financial year 2017-18.

Exports up 19.21 per cent in Aug; trade deficit at USD 17.4 billion

Merchandise imports too rose by 25.41 per cent in August to USD 45.24 billion due to the rising crude oil prices.

12 Sept 2018 2:30 PM IST

The latest round of wage revision for all banks is due from 1 November 2017. (Photo: ANI)

Banks asked to set up one platform for sale of loan defaulters' assets

About 80-85 per cent of non-performing asset cases between Rs 10 lakh and Rs 20 lakh are fully secured.

12 Sept 2018 11:36 AM IST

Finance minister Arun Jaitley

NPAs rise, Jaitley to meet bank bosses to review scenario

26 banks together both private and public reporting gross NPAs of over Rs 7.31lakh crore.

12 Sept 2018 8:52 AM IST

Raghuram Rajan, who exited RBI a year ago, had courted controversy in 2015 lecture where he talked about growing intolerance in India. (Photo: PTI)

Rajan drops a bombshell; Cong in dock, flags MUDRA, farm loan waiver...

A brutal exposition of all the warts that adorn India's perilously poised banking system.

12 Sept 2018 8:46 AM IST

States across the country impose VAT or sales tax on petrol and diesel which vary from one to another.

States can reduce fuel prices

The lowest tax on fuel is charged in Andaman and Nicobar where a 6 per cent sales tax is charged on both the fuel.

12 Sept 2018 12:25 AM IST

Ex-Reserve Bank governor Raghuram Rajan

Fraud list was given to PMO, says ex-RBI governor

Mr Rajan, who was RBI governor for three years till September 2016, is currently teaching at the Chicago Booth School of...

12 Sept 2018 12:23 AM IST

Indias fiscal deficit at the end of October hit 96.1 per cent of the budget estimate for 2017- 18. (Photo: PTI/Representational)

Rupee hits fresh low of 72.73, drops 28 paise against US dollar

The rupee opened on a positive note by inching 20 paise higher at 72.25 against the US dollar.

11 Sept 2018 3:46 PM IST

Former RBI governor Raghuram Rajan says he wants to come back to India if the need be. (Photo: AFP)

Rajan blames 'over optimistic bankers' for mounting bad loans

A larger number of bad loans were originated in the period 2006-2008 when economic growth was strong.

11 Sept 2018 10:20 AM IST

The official said that in the last five years rupee was stable against all the major currencies except dollar.

FinMin in touch with RBI for market intervention to contain rupee...

Current Account Deficit which is the difference between inflow and outflow of foreign exchange, rose to USD 18 bn.

11 Sept 2018 9:09 AM IST

Dollars gains against other currencies overseas put squeeze on rupee.

Rupee ends day at 72.45 per US dollar

The weakness in emerging market currencies on fears about an escalation in trade war too weighed in.

11 Sept 2018 12:29 AM IST