APN News

  • Thursday, March, 2019| Today's Market | Current Time: 03:05:15
  • SBI, other banks agree to finance Nagpur-Mumbai Samruddhi Corridor

    A consortium of banks led by StateBank of India has agreed to provide finance for Nagpur-Mumbai ‘SamruddhiCorridor’ expressway project. Bhushan Gagrani, Principal Secretary in the ChiefMinister’s Office said, SBI has agreed to lend the highest amount, 8,500 crorerupees. Other lenders include Punjab National Bank, Bank of Baroda, Bank ofMaharashtra as well as the Life Insurance […]

    Wholesale inflation falls to 3.80% in Decembe

    New Delhi : Inflation based on wholesale prices fell to a 8-month low of 3.80 per cent in December 2018, on softening prices of fuel and some food items. The Wholesale Price Index (WPI)-based inflation stood at 4.64 per cent in November 2018, and 3.58 per cent in December 2017. According to the government data […]

    10% quota for EWS doesn’t contravene basic structure of Constitution: Jaitley

    New Delhi : Finance Minister Arun Jaitley said, the Constitutional Amendment Bill to provide 10 per cent reservation to the economically weaker sections from upper castes does not contravene the basic structure of the Constitution. In his Facebook post titled- Reservation for the Economically Weaker Sections, Mr Jaitley termed the move the single greatest recognition […]

    Insurance Companies Outsmart Banks in Annual Report Making

    HDFC Standard Life tops the Annual Report ranking chart for financial Services sector With 4 annuals rated as outstanding and 14 as appreciable, exceptional annuals remains elusive HDFC Standard Life, PNB Housing Finance and SBI Life bag the top-3 positions Insurance segment outshines others, pushing three of the four listed entities into the top-10 By […]

    RBI launches survey to capture retail payment habits in 6 cities

    The Reserve Bank of India (RBI) will capture payment habits of individuals in six cities, including four metropolitan towns. For the purpose, the central bank has launched a ‘Survey on Retail Payment Habits of Individuals (SRPHi)’. According to RBI release, the survey will cover a sample of 6,000 individuals from various socio-economic backgrounds across six cities including […]

    Investment through P-notes rises to Rs 79247 crore in November

    Investments in the Indian capital market through participatory notes climbed to Rs 79,247 crore in November after hitting a nine-and-a-half year low at the end of October. P-notes are issued by registered foreign portfolio investors to overseas investors who wish to be part of the Indian stock market without registering themselves directly. They, however, need […]

    Public sector banks on strike, services affected

    Banking services in the public sector banks were affected today due to a strike by Unions against the proposed merger of Vijaya Bank and Dena Bank with Bank of Baroda. The strike has been called by the United Forum of Bank Unions (UFBU) – an umbrella organisation of all 9 unions including the All India […]

    10 Benefits Offered by Endowment Policies

    It is crucial for individuals to invest in a life insurance policy to secure the financial future of their loved ones. A life insurance policy will provide safety and security to your family in the event of your demise. An endowment policy is a policy, which is a mix of both-investment and insurance. At the […]

    Maximize Your Returns with New Age ULIPs

    The Government of India has taken significant measures to create awareness about the importance of life insurance. Efforts like the Pradhan Mantri Jeevan Jyoti Bima Yojana and the advances in digital platforms have made people appreciate the value of insurance as financial security, and not an investment product that they can seek returns from. Individuals […]

    Saraswat Co-operative Bank launches “Banking Services on WhatsApp”

    Mangalore:  Saraswat Bank has become the second bank in India to go live on WhatsApp channel for notifications and Bot services and the first to do so in co-operative sector. It has been at the vanguard of embracing leading-edge technology that has driven efficiency in the way it acquires, services and retains its customers. It […]