Reliance Capital defaults on HDFC, Axis Financial institution loans

Money-strapped Reliance Capital has defaulted on time period loans of HDFC Ltd and Axis Financial institution as on October 31, 2020, the corporate mentioned in a regulatory submitting. The corporate did not make curiosity fee of Rs 4.77 crore to HDFC and Rs 71 lakh to Axis Financial institution on October 31, Reliance Capital disclosed … Read more

ICICI Lombard will get in-principle approval from IRDAI approval to accumulate Bharti AXA Common Insurance coverage

The Insurance coverage Regulatory and Improvement Authority of India on Friday accredited in-principle acquisition of Common Insurance coverage enterprise of Bharti AXA Common Insurance coverage Firm Restricted (Bharti AXA) by ICICI Lombard Common Insurance coverage Firm Restricted, the corporate stated in a press release. Earlier, Competitors Fee of India (CCI), BSE Restricted and Nationwide Inventory … Read more

ICICI Lombard gets in-principle approval from IRDAI approval to acquire Bharti AXA General Insurance

The Insurance Regulatory and Development Authority of India on Friday approved in-principle acquisition of General Insurance business of Bharti AXA General Insurance Company Limited (Bharti AXA) by ICICI Lombard General Insurance Company Limited, the company said in a statement. Earlier, Competition Commission of India (CCI), BSE Limited and National Stock Exchange of India Limited approved … Read more

HDFC Financial institution suffers downtime on funds stack; cites outage at information centre, BFSI Information, ET BFSI

by Syed Fasiuddin Non-public lender HDFC Financial institution suffered an outage on its funds stack between Saturday and Sunday, infuriating clients and in addition attracting the attention of the regulator within the course of. HDFC Financial institution, which restored normalcy in operations by Sunday night, attributed the downtime to an outage in its information centres. … Read more

HDFC Financial institution’s internet banking, UPI service and ATMs have been down resulting from a ‘information centre outage’ however RBI calls for extra detailed info

HDFC Financial institution’s clients have been reporting unable to conduct transactions utilizing internet banking and UPI funds platform. The financial institution has said that the issue is because of an outage at one in all its information centres. The Reserve Financial institution of India (RBI) has requested HDFC Financial institution to furnish extra particulars about … Read more

Why SBI Private Loans Are Higher Than Many Banks?

Private Finance oi-Sunil Fernandes | Revealed: Monday, November 16, 2020, 10:07 [IST] If you’re taking a look at private loans, it will be a good suggestion to take a look at loans from State Financial institution of India, which is the nation’s largest lender. The rates of interest are decrease, when in comparison with most … Read more

HDFC Financial institution will name from This telephone quantity in case of suspicious transaction – Take a notice | Private Finance Information

New Delhi: Within the wake of elevated variety of cyber frauds, clients are being again and again reminded by banks to be vigilant and undertake secure transaction follow. The vigilant practices embrace following easy steps resembling not sharing card particulars, CVV, Expiry Date, OTP NetBanking/ MobileBanking Login ID & Password over Cellphone, SMS, electronic mail … Read more

4 Methods To Examine SBI Credit score Card Steadiness On-line

Classroom oi-Vipul Das | Up to date: Thursday, November 12, 2020, 18:40 [IST] The State Financial institution of India (SBI) has a devoted web site ( that includes the entire financial institution’s bank cards together with their specs, benefits, perks, and different related sorts of stuff. To be able to examine the stability of your … Read more