Pahalgam terror attack: PB Fintech, LIC, others announce support measures
Indian companies are stepping forward with support measures to help affected families and customers. Source
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Money
IndusInd Bank Deputy CEO Khurana resigns
Private sector lender IndusInd Bank today informed that its Deputy CEO and Executive Director Arun Khurana has resigned from his position with immediate effect. Source
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IDBI Bank and Ujjivan Small Finance Bank cut fixed deposit
IDBI Bank and Ujjivan Small Finance Bank have both cut rates on select tenures while extending deadlines or modifying associated schemes. Source
Read MoreNPCI needs to target 100 crore UPI transactions per day
Finance Minister aims to double UPI transactions to 100 crore per day in 2-3 years, emphasizing global expansion and cybersecurity. Source
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What is an annuity plan and how does it work
An annuity is a contract with an insurance company where you pay a lump sum or a series of payments in exchange for regular payouts during retirement. Source
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Central Bank of India Q4 Results: Net profit rises 28%
Central Bank of India (CBoI) reported a 28% year-on-year increase in fourth quarter standalone net profit at ₹1,034 crore. Source
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LIC Housing to lower home loan rates by 25 basis
Other major banks have also begun slashing lending rates in response to the RBI’s easing policy. The shift is expected to encourage more homebuyers, particularly in the affordable housing segment. Source
Read MoreRBI directs banks and White Label ATM Operators to ensure
RBI mandates banks and ATM operators to dispense ₹100 and ₹200 notes to improve public access. Source
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Kotak Mahindra Bank to revise Royale Signature Credit Card benefits
From June 2025, cardholders will get a 1% surcharge waiver on fuel purchases ranging between ₹500 and ₹5,000. The total fuel surcharge waiver will be capped at ₹3,500 per calendar year. Source
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Canara HSBC Life Insurance Company files for IPO
Canara HSBC Life Insurance Company files for IPO with existing shareholders looking to sell stake, amid market volatility. Source
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