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Muthoot Finance To Buy Out IDBI AMC
On Friday, gold financing NBFC company Muthoot Finance has said that it will take over IDBI Asset Management for venturing into the mutual fund space. The financial consideration of the deal will be Rs. 215 crore. The statement by the company ...
Muthoot Finance To Buy Out Idbi Amc

IDBI Plans To Bring Banking, Insurance Services At One Platform
IDBI Bank on Sunday said it is strategising to be a 'one-of-its-kind' financial conglomerate and plans to bring banking and insurance services under a single platform.The country's largest and the only state-owned life insurer LIC now holds a majority stake in ...
IDBI Bank Reduces MCLR By 30-35 bps
IDBI Bank has reduced its marginal cost of funds-based lending rates (MCLR). Lending rate (MCLR) is reduced by 30-35 basis points across various tenors, effective February 1. For overnight tenor, the bank has reduced its minimum lending rate to 8.20 per ...
A Look At Some Of The Best UPI Apps In India
UPI app, is a banking app which has made transfer of money in the banking system more easy, reliable and safe. It was launched last year in April 2016 by the Reserve Bank of India (RBI) and National Payments Corporation of ...
A Look At Some The Best Upi Apps India
SBI Slashes Lending Rate By 0.9 Per cent
Flush with higher deposits following demonetisation, the country's largest lender State Bank of India (SBI) slashed its benchmark lending rate by 0.9 per cent across various maturities. The bank has reduced marginal cost of funds based lending rate (MCLR) from 8.90 ...
Sbi Slashes Lending Rate 0 9 Per Cent
Moody's Retains Ratings On SBI, IDBI; Sees NPA Woes Stabilising
Moody's Investors Service has affirmed State Bank of India's (SBI) local and foreign currency deposit ratings at Baa3/P and expects not much deterioration in its asset quality. The agency has also retained IDBI Bank's local currency and foreign currency bank deposit ...
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