Economic Times
Creditors invoked a guarantee due to CIRP non-compliance, halting the Lavasa project. Legal battles continue as lenders lose confidence in the resolut
HDFC Bank MD emphasizes stability over growth, positive outlook for next 2-3 years post-merger. Focus on quality, slow growth strategy. Plans to raise
AdaniConneX secures $900-950 million loan from MUFG Bank for 1 GW data centre expansion in multiple Indian cities. The loan, with an interest rate abo
In a decision that could have a bearing on other `HSBC account’ cases, a tax tribunal last week has ruled that the I-T department cannot go back 16
"We will have our day when the proportion of borings comes down. We will have enough momentum in terms of funding, which we can then unleash in terms
The Insurance Regulatory and Development Authority of India (IRDAI) has eliminated the age limit of 65 years for purchasing health insurance policies,
A special CBI court granted bail to Yes Bank co-founder Rana Kapoor, criticizing the CBI for failing to start his trial promptly. The court argued tha
A special CBI court in Mumbai granted bail to Yes Bank founder Rana Kapoor in a fraud case, stating that further incarceration without trial would amo
Ajith Kumar KK appointed as Dhanlaxmi Bank's MD and CEO by RBI, succeeding JK Shivan. Shivan to continue briefly. Dhanlaxmi Bank shares rose by 1.37%
This is aimed at restraining perpetrators of digital crimes and phishing attacks from quickly moving money from a target’s bank account to accounts
The banks are in talks with Reserve Bank of India (RBI) among stakeholders, for using iris scans as ageing has been found to distort fingerprints or t
The Supreme Court has clarified that special courts presided by a sessions or additional sessions judge can try complaints under the Insolvency and Ba
Bank credit growth hit a decade high of 16% in the fiscal year, driven by strong retail demand despite rising interest rates and supported by corporat
The court has granted bail to Kapoor in the CBI's case against him and Avantha Group promoter Gautam Thapar for allegedly indulging in criminal conspi
Tata Group has requested a waiver from the Reserve Bank of India to avoid listing its holding company and non-banking finance firm, Tata Sons, due to
The Indian government is likely to sell a minority stake in General Insurance Corporation of India and Life Insurance Corporation of India in financia
"We are extremely happy to partner with Ashok Leyland Ltd. Through our varied financial solutions, our goal is to offer convenient and complete financ
The National Asset Reconstruction Company of India (NARCL) has offered to acquire ₹271 crore in debt from the Ludhiana Talwandi Toll Road (LTTRPL),
NCLAT freed Sporta Technologies from CIRP after rejecting Reward Solutions' petition linked to a ₹7.61 crore default, aligned with Section 10A guide
RBI imposed penalties totaling Rs 60.3 lakh on five co-operative banks for regulatory violations. Penalties include fines for non-compliance with spec
