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Money & Banking

Restoration work underway at the site of Friday's triple train accident near Bahanaga Bazar railway station, in Balasore district
‘Hour of grief’

Odisha train tragedy: ICICI Prudential Life Insurance relaxes claims settlement process for victims

Money & Banking

PhonePe introduces account aggregator services

Money & Banking

Insurers brace for Odisha train accident claims, ease settlement processes

Money & Banking

HDFC Bank introduces Millennia Credit Card

Money & Banking

3-day VRRR auction receives relatively better response from banks

Auditor comfort

Public sector banks, ICAI to set up common platform for balance confirmations

Overall, in the last four VRRR auctions, banks deployed funds aggregating ₹1,51,733 crore, against a cumulative notified amount of ₹4.50-lakh crore. 

RBI’s VRRR auction gets tepid response, again

Banks park a meagre ₹1,850 crore against the notified amount of ₹75,000 crore
By BL Mumbai Bureau
Touted as an alternative to bank guarantees, surety bonds offer the benefit of performance or execution-linked cover and waiving off collateral in exchange for a premium
Money & Banking

Six months since launch, surety bonds see no takers so far

Money & Banking

Bank of Maharashtra mops up ₹1,000 cr via QIP of equity shares

Money & Banking

Bank bond issuances likely to decline below ₹90,000 cr in FY24: ICRA

Today’s Poll

Public sector banks have been instructed to ensure a smooth exchange/deposit process, unlike during the 2016 demonetisation.
Will the scrapping of ₹2000 banknotes impact the economy?



What’s unique

Bajaj’s insurance play: Success mantras of two siblings 

Money & Banking

KVG Bank bags award for Atal Pension Yojana enrolment

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