Govt set to inject Rs 2000 crore into fraud-hit Punjab National Bank by next week
Unless PNB gets fresh capital in time, it may be unable to make the payment because an unprecedented loan-fraud wiped out its profits and pushed […]
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SBI cuts interest rate by 5 basis points on home loans up to Rs 30 lakh
Within a day of RBI reducing repo rate by 25 basis points, the country’s largest lender State Bank of India Friday announced a cut in […]
Mutual funds asset base dips Rs 66,000 crore in May to Rs 22.6 lakh crore
The mutual fund industry’s asset base has fallen by nearly Rs 66,000 crore, to Rs 22.6 lakh crore at the end of May, primarily on […]
Cash van with LIC’s Rs 52L looted, guard shot dead in Bihar’s Samastipur
Unidentified criminals shot dead the gunman escorting a cash van and escaped with a box containing Rs 52.74 lakh of Life Insurance Corporation of India […]
Rs 15,167 cr unclaimed money of policyholders lying with insurers: Insurance regulator
As much as Rs 15,167 crore amount of policyholders is lying unclaimed with 23 life insurers, according to IRDAI data. Insurance regulator Irdai has already […]
Typo in insurance contract costs LIC Rs 35.52L payout
A typo is set to cost the Life Insurance Corporation (LIC) of India Rs 35.52 lakh. The National Consumer Disputes Redressal Commission (NCDRC) last week […]
Congress’s Rs 199 crore income in 2017-18 its lowest in 11 years
The Congress party has declared Rs 199 crore of income for 2017-18, a 12% decline from the previous year and its lowest in 11 years, […]