As 2024-25 (FY25) ends, the Indian economy has witnessed significant volatility across key indicators—markets surged and corrected sharply, the rupee fluctuated, and GDP growth saw dramatic swings. With a new fiscal year on the horizon, all eyes are on the trajectory of growth, liquidity, interest rates, and sectoral opportunities. To decode what lies ahead, CNBC-TV18’s […]
IRDAI appoints former LIC and SBI chiefs, 3 others as members of revamped insurance advisory panel – CNBC TV18
The Insurance Regulatory and Development Authority of India (IRDAI) has reconstituted its Insurance Advisory Committee (IAC), appointing new members from diverse expertise. The committee is responsible for advising IRDAI on regulatory matters concerning the insurance industry. New appointments to the IAC According to the official gazette notification published by IRDAI, the following individuals have been […]
Finance Ministry reveals director vacancies at public sector banks: Full list here – CNBC TV18
The Ministry of Finance on Monday, March 17, acknowledged the vacancies in public sector banks and is taking steps to fill them. Pankaj Chaudhary, the Minister of State in the Ministry of Finance, said that filling the positions of directors on the boards of public sector banks (PSBs), including the Bank of Maharashtra, was a […]
SBI announces MCLR rates for March 2025 – CNBC TV18
The State Bank of India (SBI) has set its latest marginal cost of funds-based lending rates (MCLR) for loans between March 15 and April 15, 2025. Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund Category Expense Ratio Axis Nifty 50 Index Fund +32.80% Invest Now Equity: Large Cap 0.12% Axis Nifty 100 […]
Mcap of seven of top-10 valued firms jumps ₹2.10 lakh crore; RIL, TCS major winners – CNBC TV18
The combined market valuation of seven of the top 10 most valued companies surged by ₹2,10,254.96 crore last week, with Reliance Industries and Tata Consultancy Services emerging as the biggest gainers. Last week, the BSE Sensex climbed 1,134.48 points or 1.55%, and the NSE Nifty rose 427.8 points or 1.93%. The market capitalisation (mcap) of […]
Jio Financial Services to acquire SBI’s stake in Jio Payments Bank for ₹104.5 cr; Shares rise – CNBC TV18
Jio Financial Services Ltdwill acquire 7.9 crore shares of Jio Payments Bank from State Bank of India (SBI) for ₹104.5 crore, making the payments bank its wholly owned subsidiary. Currently, Jio Fin holds an 82.17% stake in Jio Payments Bank, a joint venture between Reliance Industries-backed Jio Financial and SBI. Following the acquisition, Jio Payments […]
PSU stocks erase ₹25 lakh crore in investor wealth over the last seven months – CNBC TV18
A 32% correction in the Nifty PSE Index since August last year has erased ₹25 lakh crore of investor wealth, highlighting that the recent selloff in the Indian market has spared no Dalal Street favourites. Over the same period, the benchmark Nifty 50 has declined by 12%. Stocks of nearly all public sector undertakings (PSUs), […]
‘One of my fondest dreams’: SEBI chief hails ₹250 micro SIPs under JanNivesh scheme – CNBC TV18
SBI Mutual Fund, in collaboration with State Bank of India (SBI) and Paytm, has introduced the JanNivesh SIP scheme, allowing micro systematic investment plans (SIPs) starting from ₹250. Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund Category Expense Ratio Axis Nifty 50 Index Fund +32.80% Invest Now Equity: Large Cap 0.12% Axis […]
SBI cuts home loan rates after RBI repo rate reduction – CNBC TV18
State Bank of India (SBI) has lowered its home loan interest rate by 25 basis points (bps) to 8.25%. The country’s largest lender has also cut its External Benchmark-Based Lending Rate (EBLR) by 25 bps to 8.90%. Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund Category Expense Ratio Axis Nifty 50 Index […]
RBI repo rate cut: Which banks may benefit the most and why – CNBC TV18
The Reserve Bank of India (RBI) cut the repo rate by 25 basis points to 6.25% on Friday, February 7. This move impacts banks differently based on their loan book structure and liquidity position. Company Value Change %Change Banks with high fixed-rate loan exposure and those with elevated Loan-to-Deposit Ratios (LDRs) stand to gain the […]