AUTHOR

SUBRATA PANDA

All stories by SUBRATA PANDA

Credit card spends rise 14.5% in October on festive season purchases
Rediff.com26 Nov 2024

Credit card spending reached Rs 2 trillion in October, a 14.5 per cent rise from...

Govt invites applications for RBI deputy governor's post, last date Nov 30
Rediff.com5 Nov 2024

The government has invited applications for the post of deputy governor of the Reserve...

HDFC Bank aims to reduce CD ratio, plans slower loan growth in FY25
Rediff.com21 Oct 2024

The country's largest private sector lender HDFC Bank on Saturday said it will grow its...

RBI directs gold loan providers to review policies and practices
Rediff.com1 Oct 2024

The Reserve Bank of India (RBI) on Monday directed banks and non-banking financial...

'We want to be trust marker for the fintech industry'
Rediff.com28 Sep 2024

'So, we would work with our members to ensure that we as an SRO create some sort of due...

Credit card delinquencies rise even as retail credit growth moderates
Rediff.com24 Sep 2024

Balance-level delinquencies in the credit card segment saw a 17 basis points (bps)...

Ayushman Bharat's 70+ coverage: Minimal impact expected on health insurers
Rediff.com14 Sep 2024

Industry experts believe that health insurance companies are unlikely to experience...

'NIM To See Increase After Couple Of Quarters'
Rediff.com6 Sep 2024

'There has been a change in the advances mix, with the share of corporate loans...

RBI set to launch UPI-like unified lending platform
Rediff.com27 Aug 2024

The Reserve Bank of India (RBI) will launch the Unified Lending Interface (ULI)...

NRI deposits see nearly $4 billion inflows in April-June FY25: RBI data
Rediff.com20 Aug 2024

Overseas Indians deposited around $4 billion in non-resident Indian (NRI) deposit...

140 million HDFC Bank, Axis customers may face service interruption
Rediff.com12 Jul 2024

As many as 140 million customers of HDFC Bank and Axis Bank are expected to face...

Remittances decline 23% sequentially to $2.1 billion in February
Rediff.com30 Apr 2023

Outward remittances in February under the Reserve Bank of India's (RBI's) liberalised...

LIC's knock-on effect: New business premium of insurers drops 12%
Rediff.com21 Apr 2023

Contrary to expectations, the new business premium (NBP) of life insurance companies...

Market share of PSU general insurers shrinks 800 bps in 5 years: Irdai
Rediff.com12 Apr 2023

The four public sector general insurance companies -- New India Assurance, United India...

Life insurers' new biz premium down 17% in Feb, LIC collections shrink 32%
Rediff.com17 Mar 2023

Life insurance companies reported a 17 per cent year-on-year (YoY) drop in new...

REVEALED: How RBI Operated During Covid
Rediff.com10 Mar 2023

200 staffers, consisting of RBI officials and support teams, who are essential to...

Insurance companies yet to see fire sale of high-value life policies
Rediff.com8 Mar 2023

Many life insurance companies are yet to see a sharp spike in the sale of high-value...

Credit card spends in Dec cross Rs 1 trillion for 10th month in a row
Rediff.com26 Jan 2023

After a sequential fall in November, due to high base and waning of the festival season...

Indians remitted nearly $2 bn in Nov under Reserve Bank's LRS scheme
Rediff.com20 Jan 2023

Indians remitted close to $2 billion in November under the Reserve Bank of India's...

Budget 2023 wish list: Insurers bat for hike in tax deduction limit
Rediff.com19 Jan 2023

Ahead of the Union Budget 2023, insurers are hoping that the Centre will act on their...