Mumbai, 17th January 2024 – SBI Life Insurance, one of India’s most trusted private life insurers, kick started its regional finale of the 13th Edition of Spell Bee – ‘Spellmasters of India’, held in Mumbai. The regional finale saw participation from 50 students who were shortlisted out of 10230 studentsfrom across25 schools of Mumbai. The initiative aimed at not only enhancing spelling skills but also encouraging students from grades 5th to 9th to develop invaluable life skills&pursue their dreams.
Master. Rayaan Naveed Siddiqui, 13-year-old, student of Bombay Scottish School, Mahim studying in Std VIII wonthe Mumbai Regional Finale of SBI Life Spell Bee 2023 Edition. With…
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SKYMET predicts India is likely to experience average monsoon conditions in 2024| Commodities corner
In the “Preliminary Monsoon Forecast Guidance for 2024,” Skymet foresees the approaching monsoon as being categorized as ‘normal.’ This year is likely to be one of those characterized by a robust commencement, progressing steadily and concluding approximately midway within the normal range. The standard range for normal rainfall is defined as 96-104% of LPA (868.6mm). Catch Manisha Gupta in conversation with G P Sharma, President, Meteorology & Climate CHange, Skymet
Source: https://www.moneycontrol.com/
2 More Arrested In Canara Bank Gold Loan Fraud Case
Mandsaur (Madhya Pradesh): Malhargarh police arrested two more persons in connection with the gold loan fraud case at Canara Bank which dates back to 2020. Around 87 people cheated the bank by mortgaging fake gold to the bank. As per details, the main accused was identified as Rajesh Soni who was working as a bank manager, Canara Bank branch and used to assess the authenticity of gold as well as the valuation of the yellow metal. Senior police officials said that Soni used to arrange customers and certify fake gold as original.On the basis of his report, the bank used to sanction gold loans to the customers. It was alleged that around 49 customers had pledged fake gold and availed…
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Source: https://www.freepressjournal.in/indore/mp-2-more-arrested-in-canara-bank-gold-loan-fraud-case
CSB Bank collaborates with Tata Motors to offer attractive financing solutions for commercial vehicle dealerships
The partnership will enable the network of Tata Motors’ dealers to get access to flexible and specialised financial schemes to enhance their operations.
CSB Bank has signed a Memorandum of Understanding (MoU) with TataMotors, India’s largest commercial vehicle manufacturer, is offering customised financial solutions for dealers in the Commercial Vehicle segment.
The partnership will enable the network of Tata Motors’ dealers to get access to flexible and specialised financial schemes to enhance their operations.
Commenting on the partnership, Narendra Dixit, Head – Retail Banking and Group Head, CSB…
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City Union Bank share price Today Live Updates : City Union Bank closed
City Union Bank Stock Price TodayCity Union Bank Share Price Today : The City Union Bank’s open price on the last day was ₹152.85 and the close price was ₹151.95. The high for the day was ₹153.3 and the low was ₹148.55. The market capitalization of the bank is ₹11128.11 crore. The 52-week high for the stock is ₹167.65 and the 52-week low is ₹119.5. The BSE volume for the day was 285,842 shares.Disclaimer: This is an AI-generated live blog and has not been edited by MintGenie staff.
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IDBI Bank closed today at ₹68.67,
IDBI Bank Stock Price TodayIDBI Bank Share Price Today : On the last day, IDBI Bank opened at ₹69 and closed at ₹68.98. The stock’s high for the day was ₹72.19, while the low was ₹68.9. The market capitalization of IDBI Bank is currently at ₹75,718.42 crores. The 52-week high for the stock is ₹74.75, and the 52-week low is ₹42.88. The BSE volume for IDBI Bank shares on that day was 4,158,233.Disclaimer: This is an AI-generated live blog and has not been edited by MintGenie staff.
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Strong growth rates in Q3FY24 hold more target gains for ICICI Lombard
ICICI Lombard General Insurance Company had a steady quarter which keeps it on track to achieve growth targets. It reported a 22 per cent year-on-year (Y-o-Y) growth in net profit in Q3FY24, while the gross domestic premium income surged 15 per cent Y-o-Y in Q3FY24 to Rs 6,400 crore. The management says it will continue to invest in digital and health agency channels to accelerate future growth but it is also on track to achieve 102 per cent combined ratio by the end of FY25. The net profit could grow at 23 per cent compounded annually over FY24-26. Click here to follow our WhatsApp channel The growth may be driven by a pickup in the motor segment as competition eases and an…
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SBI, BoB among PSBs rushing to issue bonds – MSN
SBI, BoB among PSBs rushing to issue bonds MSN
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Source: https://www.msn.com/en-in/money/news/sbi-bob-among-psbs-rushing-to-issue-bonds/ar-AA1n5wER
Indian Bank closed today at ₹441.5, up 0.34% from yesterday’s ₹440
17 Jan 2024, 09:11:20 AM ISTIndian Bank share price Today :Indian Bank trading at ₹436.95, down -0.69% from yesterday’s ₹440 The current data of Indian Bank stock price shows that it is trading at ₹436.95. There has been a percent change of -0.69, indicating a slight decrease in the stock price. The net change is -3.05, suggesting that the stock has decreased by ₹3.05.
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Karnataka Bank down 2% after Clix Capital tie-up
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Karnataka Bank share price fell nearly 2 percent in the opening trade on January 17 after it joined hands with NBFC Clix Capital to provide loans to the MSME sector.
At 9.30 am, Karnataka Bank was quoting at Rs 267.65, down Rs 4.60, or 1.69 percent on the BSE.
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Karnataka Bank and Clix Capital have entered into a strategic digital co-lending partnership through Yubi Co.lend Platform. The partnership would focus on providing loans to the Indian MSME sector, which is…
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