The 48-odd million employees covered by the Employees Provident Fund Organisation (EPFO) may be touched that the finance ministry is actually considering a proposal to extend the organisation a fiscal

State-run Bank of India sees subdued growth on corporate loans going forward, while rising debt restructuring by corporates is exerting stress on the bank's assets, executive director N. Seshadri said

When asked about his investment, 41-year old Rajesh Tripathi is quick to refer to Life Insurance Corporation's endowment and moneyback policies. Asked about insurance for his life, his response does

Adeel Ahmed and his roommate are in a fix. They live in a rented apartment in Mumbai, paying Rs 42,000 a month. Until last year, they could very easily claim their house rent allowance (HRA). However,

Outstanding loan dues in the banking system shrunk by Rs 11,167 crore in the first fortnight of January, in line with the fall in credit in the period. The loan portfolio of banks stood at Rs 43,

State-run lender Union Bank of India has reported a 66 per cent fall in net profit at Rs 197 crore, compared with Rs 579 crore in the same period of the previous financial year. The bank made

In the past two years, gold has emerged a strong contender for an investor's portfolio, especially since the markets have not done so well. In debt, though the returns are decent, these turn low when

State Bank of Hyderabad (SBH) on Thursday launched a loan product for purchase of gold and gold ornaments that carries 13 per cent rate of interest and a general cap of Rs 15 lakh. In Arab spring,

Like the average Indian citizen, mutual funds have a view on everything but do not take the effort to make it count by voting. The abysmal voting record of Rs 7 lakh crore Indian mutual fund industry

With RIL announcing a buyback after seven years, a primer on how it impacts shareholders. What is it? It is the repurchase of shares by a company from the open market. Companies buy back to raise the