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Home loans comprise the biggest chunk of household debt even as credit card outstanding has shown a considerable increase to Rs 1.6 lakh crore from Rs 1.3 lakh crore in end of July 2021. Home loan outstanding stands at Rs 17.7 lakh crore…

MUMBAI: The increase in household borrowingcan be seen in the increase in credit card outstanding from a little under Rs 1.3 lakh crore in end July 2021 to over Rs 1.6 lakh crore. The number is higher than March 2022 when the…

MUMBAI: Even as the year-on-year growth in bank credit has crossed 14%, the highest in three years, the corporate loan book of banks continues to be stagnant. According to data released by RBI, the bulk of the increase in bank lending…

The combined market valuation of three of the 10 most valued domestic firms fell by Rs 1,22,852.25 crore last week, with emerging as the biggest laggard. IT majors () and were the other two bluechips which faced erosion from their…

NEW DELHI: The combined market valuation of three of the 10 most valued domestic firms fell by Rs 1,22,852.25 crore last week, with Reliance Industries emerging as the biggest laggard. IT majors Tata Consultancy Services (TCS) and …

It's tough to become a billionaire but nearly impossible if you want to take the Dalal Street route to riches as the late Rakesh Jhunjhunwala did by starting with just Rs 5,000 and a CA degree in his pocket. While a small motley group of…

MUMBAI: Nudged by the Reserve Bank of India (RBI) and the government, banks are making an all-out effort to increase public awareness to check the rise of online fraudsters. With digital transactions becoming simpler and mainstream,…

The government is planning to sell a part or all of its remaining 29.5% stake in (HZL) by November, officials aware of the plan said. The Department of Investment and Public Asset Management (DIPAM) is weighing different options…

Business-to-business commerce player Peel Works is probably the first firm that is planning to replace its entire fleet of fossil fuel-based delivery vehicles with electric ones and procure 100 EVs in the first phase. Peel Works, a…

Domestic equity indices closed flat on Friday as gains seen in banking stocks were offset by selling pressure in select index heavyweights like and . The 30-share Sensex rose 36.74 points to end at 58,803.33. Its broader peer, Nifty50,…