Economic Times

Blackstone Inc. plans to increase its Indian private equity assets by an additional $25 billion over the next five years, citing India's growing appea
Companies - 6 hours ago
The loan is raised for three years and three months tenure and benchmarked to a three-month term SOFR (Secured Overnight Financing Rate) with a margin
Companies - 7 hours ago
Noida-based Sindhuja Microcredit has secured $14.5 million from GAWA Capital and Oikocredit to expand operations by 50% in FY25 and enter new markets.
Companies - 11 hours ago
Kotak Mahindra Bank announced the acquisition of NBFC Sonata Finance Pvt Ltd for Rs 537 crore. Sonata operates across 10 states through 549 branches,
Companies - 12 hours ago
Bombay High Court's ruling alters banks' handling of wilful default cases. Evidence provision mandated, transparency increased. Concerns raised over b
Companies - 2 days ago
Foreign Direct Investment (FDI) in India's information and broadcasting sector, including print media, decreased by 78% to ₹332 crore in Q3 of FY24,
Companies - 2 days ago
Indian lenders and Russia's Gazprombank are in early-stage discussions to establish correspondent banking services for cross-border payments and trade
Companies - 2 days ago
DHFL had availed various term loan facilities of more than Rs 4,000 crore and working capital facilities of Rs 450 crores. Wadhawan had provided uncon
Companies - 2 days ago
Enforcement Directorate attached Rs 124 crore assets in money laundering probe on Religare Finvest Limited, including properties in Gurugram and Delhi
Companies - 2 days ago
The Reserve Bank of India (RBI) has levied penalties on several cooperative banks for various non-compliance issues. Nashik-based Janalaxmi Cooperativ
Companies - 2 days ago
CBI is reportedly insisting on what could be a retrospective application of last year’s SC ruling that a borrower must be given a hearing before the
Companies - 3 days ago
"We are launching multiple products in respect of assets and we want the branches to build the assets. All these products will be used for acquiring t
Companies - 3 days ago
The regulator has also allowed the sale of Index Linked Insurance Products tied to publicly available indexes. Initially proposed higher surrender val
Companies - 3 days ago
Under the belief that reissuing the specific notification may not go against the model code of conduct, many banks are preparing to integrate their sy
Companies - 4 days ago
Six ARCs, led by Aditya Birla and Kotak Mahindra-backed, control majority debt in KSK Mahanadi Power due to lenders' exits amid debt resolution delays
Companies - 4 days ago
PSBs are projected to pay a dividend exceeding Rs 15,000 crore for FY24 due to increased profitability. The RBI is proposing new rules for dividend de
Companies - 4 days ago
The Reserve Bank of India has initiated special audits for IIFL Finance Ltd and JM Financial Products Ltd to further investigate regulatory breaches.
Companies - 4 days ago
IRDAI approved Galaxy Health led by V Jagannathan. Star Health had a Rs 618 crore net profit. IRDAI introduced Bima Sugam, likened to ONDC by Debasish
Companies - 6 days ago
These regulations focus on safeguarding policyholders' interests, rural and social sector responsibilities, electronic insurance marketplace, foreign
Companies - 6 days ago
Credit card transactions jumped 30% to ₹1.7 lakh crore in January, with ecommerce and bill payments driving the surge. The younger generation's onli
Companies - 6 days ago

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