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2 mins read

Here are the benefits you get with India’s most expensive credit card with a ₹3.54 lakh annual fee

Credit cards have become a major part of India’s financial landscape in recent years. What was once…

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4 mins read

Best credit cards for online shopping this festive season

The festive season is here and with it, you are likely to make several purchases from e-commerce pl…

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1 min read

Goldman Sachs beats Wall Street forecasts as investment-banking fees surge 20%

Goldman Sachs reported third-quarter earnings on Tuesday that surpassed analysts' expectations.

Theron Mohamed   


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What has changed for your credit cards, starting today?

Starting today, RBIs new rules mandate that all credit card transactions in the country be processe…

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1 min read

Highway agencies should not charge toll if roads are not in good condition: Highway Minister Nitin Gadkari

State-owned NHAI plans to implement (Global Navigation Satellite System) GNSS-based Electronic Toll…

PTI   


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Reserve Bank may act against more NBFCs to keep obscure lending practices in check, says Morgan Stanley

Earlier this month, the apex bank had already issued a stern warning to the NBFC sector, discouragi…

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6 mins read

Simply Put: A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?

Indians seem to be depositing less money in banks, and everyone's blaming the stock markets. But ar…

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A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?

The growth rate of bank deposits in India has been slowing, largely outpaced by credit growth. But …

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2 mins read

BSE-listed firms' market valuation hits all-time high of Rs 315 lakh crore

The market capitalisation of BSE-listed firms reached an all-time high of Rs 315 lakh crore on Mond…

PTI   


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3 mins read

Samsung announces co-branded credit card in partnership with Axis Bank and Visa

Samsung has announced the launch of its co-branded credit cards in partnership with Axis Bank. The …

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3 mins read

Axis Bank completes acquisition of Citibank’s consumer business for ₹11,603 crore – here’s everything to know

India’s third-largest private lender Axis Bank on Wednesday said it has completed the acquisition o…

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1 min read

A Wall Street firm wants to collect a $4 million breakup fee from a banker who never started his job. Judges will soon rule if that's legal.

A California appeals court will soon rule on whether Jefferies can demand a $4 million breakup fee …

Theron Mohamed   


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Elon Musk's Twitter takeover has ended up as the worst buyout deal for banks since the financial crisis

The WSJ reported on Tuesday that the debt for Musk's Twitter purchase has been stuck on banks' bala…

Jennifer Sor   


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Axis Bank is back in the black as fee collections ramp up and ₹10,000 crore in fund raising cushions the balance sheet

Axis Bank’s profit is in the green again after reporting a dip of 19% last quarter. Between July an…

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3 mins read

Axis Bank beats street estimates on net profit, business growth disappoints

Axis Bank, the third largest private sector bank, on Monday reported a net profit of Rs 4,125 crore…

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4 mins read

A baby boomer says he collects enough in retirement benefits to live a good life in Germany but doesn't think his money would go as far in the US

Gary Hohenstein, 73, retired early and moved to Germany with his wife. He said his benefits go furt…

John Towfighi   


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3 mins read

Bank of Baroda enables digital loans through the Account Aggregator framework – here’s what it means and how to use it

Bank of Baroda today announced the rollout of digital loans through the Account Aggregator framewor…

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4 mins read

Biden's change to credit card fees could be worth nearly $3 billion to American consumers

The Biden administration set a new limit on credit card late fees, and it could be worth billions t…

Cork Gaines   


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NCLAT directs NHAI not to terminate concession agreement of IL&FS group entity

, The National Company Law Appellate Tribunal has directed the National Highways Authority of India…

PTI