DBS Bank, a leading financial institution in Asia, has introduced a groundbreaking initiative designed specifically for the elderly— the ‘Golden Circle’ savings account. This new offering promises an attractive interest rate of 7%, aimed at providing enhanced financial security and benefits for senior citizens. The launch of ‘Gold
Sundaram Finance Q1 Standalone Net Rises 9% to ₹308 Crore
Sundaram Finance, one of India’s leading non-banking financial companies (NBFCs), has reported a robust performance for the first quarter of the fiscal year, with its standalone net profit rising by 9% to ₹308 crore. This positive financial performance reflects the company’s strong operational execution and strategic initiatives, positi
Starving Gazans to Death May Be Right Thing to Do: Israeli Finance Minister
In a controversial and provocative statement, Israeli Finance Minister Bezalel Smotrich has suggested that starving Gazans to death could be a legitimate strategy. This statement has sparked widespread condemnation and concern, drawing reactions from international leaders, human rights organizations, and the global public. The remarks, made in the
SEBI Approves 5 IPOs, Including Bajaj Housing Finance
The Securities and Exchange Board of India (SEBI) has recently approved five Initial Public Offerings (IPOs), marking a significant boost for the Indian capital markets. Among the approved listings is Bajaj Housing Finance, a notable player in the financial sector. This development is poised to generate considerable investor interest and could have
SBI Pushes into Wealth Management with Vigor as Wealthy People Surge
The State Bank of India (SBI), the country’s largest lender, is intensifying its efforts to capture a significant share of the burgeoning wealth management market. As the number of affluent individuals in India continues to rise, SBI is positioning itself to cater to the growing demand for personalized and sophisticated financial services. This str
Buy Shriram Finance; Target of Rs 3,500: ICICI Securities
ICICI Securities, a leading brokerage and financial services firm, has recently recommended buying shares of Shriram Finance, setting a target price of Rs 3,500. This bullish outlook is based on a comprehensive analysis of the company’s financial health, market position, and growth prospects. Investors are advised to consider this recommendat
Budget Session of Parliament: Nirmala Sitharaman to Move Finance Bill for Consideration and Passing in Lok Sabha
The Budget session of Parliament is set to witness a significant event as Finance Minister Nirmala Sitharaman prepares to move the Finance Bill for consideration and passing in the Lok Sabha. This bill, which encapsulates the government’s tax proposals and other financial regulations for the upcoming fiscal year, is a critical component of th
Jio Finance App Debuts in Paris by Offering Seamless Payments at Eiffel Tower, Shares in Green
Reliance Jio, a subsidiary of Reliance Industries Limited, has made a significant international leap with the debut of its Jio Finance app in Paris. The app, designed to provide seamless digital payment solutions, is now available for use at one of the world’s most iconic landmarks – the Eiffel Tower. This move not only marks […]
NBFC Mufin Green Finance’s Board to Consider Fund-Raising: Check Details Here
Mufin Green Finance, a prominent Non-Banking Financial Company (NBFC) specializing in green finance, is set to hold a board meeting to discuss potential fund-raising initiatives. This move comes as the company seeks to expand its portfolio and reinforce its commitment to sustainable development and environmental stewardship. Focus on Green Finance
Shriram Finance Working to Convert Personal Loans to Small Business Loans
Shriram Finance, a leading financial services company in India, is taking innovative steps to support small businesses by converting personal loans into small business loans. This strategic initiative aims to provide a robust financial foundation for entrepreneurs and small business owners, fostering economic growth and development. The Rationale B