Loading… India’s NBFCs have dropped two years of stress and now earn more. They show a clear profit uptrend this quarter, says Asian Banking & Finance. What Changed For NBFC Earnings Now NBFCs are non-bank lenders. They give loans like banks do. Bad loans fell and credit demand rose. So profits grew fast. The sector … Read more
Loading… India has received fresh bids for the IDBI Bank stake sale. Fairfax and Emirates NBD sent revised offers this week. The government and LIC are reviewing them right now. Who Bid and What They Offered Two big names joined the race for IDBI Bank. Canada’s Fairfax and Dubai’s Emirates NBD are the bidders. They … Read more
Loading… The Reserve Bank of India has suggested new steps to stop digital fraud. These steps aim to protect your money during online bank use. You can read the full note on News on Air RBI fraud update. RBI New Safety Steps for Banks The RBI wants banks to add stronger user checks. It asks … Read more
Loading… Citi and other banks now expect fewer rate hikes in India. They see inflation staying calm. You can read the full update on The Hindu BusinessLine report. Why Banks Cut India Rate Hike Bets Inflation looks moderate in the coming months. So banks changed their call. Citi trimmed its hike view for the Reserve … Read more
Loading… Markel just made new leader appointments in India and Malaysia today. The global insurance firm shared the update on its Asia team. You can read the full note on Asia Insurance Review’s report. New Markel India and Malaysia Leaders Markel named a new country head for India this week. The person will lead the … Read more
Loading… Public sector banks earned more fee income from selling insurance in FY26. SBI led the pack with a 1926% jump in insurance commission growth. PSB Insurance Commission Growth in FY26 Most government banks saw big jumps in insurance income this year. You know, selling policies now adds real money to their pockets. SBI topped … Read more
Loading… Parents now need a strong money shield as costs rise fast. A new FintechBizNews report shows families want insurance cover today. You know, I feel every parent should act now, not later. Why Parents Need Insurance Safety Net Medical bills hit hard when parents fall sick. So, cover matters a lot. The report says … Read more
Loading… PM Ayushman Bharat health cover may double to Rs 10 lakh from Rs 5 lakh. The news broke today and it is trending fast. The scheme helps poor families get free hospital care. You may know it as Modicare. I feel this move will ease money stress for many homes. Actually, my neighbour once … Read more
Loading… SBI Funds Management (SBFM) has opened its IPO today, raising fresh money for its growing fund‑management business. IPO Size and Pricing The company offers 500 crore rupees of equity. It issues 12,500,000 shares at ₹40 each. Shares were priced in a 30‑40 rupee range. The final price settled at ₹39.94 per share. Investors can … Read more
Loading… SBI Funds Management is going public through its IPO. India’s biggest mutual fund house is finally listing on stock exchanges. The IPO aimed to raise ₹2,200 crore. This move offers investors a chance to own a piece of the country’s largest asset management company. SBI Funds Management IPO Details The IPO launched on January … Read more