Economic Times
The Reserve Bank of India (RBI) has been increasingly imposing penalties on banks and non-banking finance companies for violating its rules. The move
Consequent upon the resignation of Mahendra Chhajed from the Committee for personal reasons with effect from March 4, 2024, RBI said it has been decid
India's banks have stopped silver imports after private traders bought large volumes of the precious metal from the United Arab Emirates to benefit fr
The Mumbai bench of the National Company Law Tribunal (NCLT) on Wednesday allowed an application filed by the administrator of Reliance Capital and di
In a significant development in the ongoing probe into the Mahadev app-linked money laundering case, ED froze a few days ago shares worth Rs 1,100 cro
The Reserve Bank of India (RBI) has imposed penalties on Bank of India and Bandhan Bank for non-compliance with regulatory norms. Bank of India was pe
Federal Bank has three co-branded credit cards with partnerships with OneCard Scapia Technology Pvt. Ltd and FI Brand Pvt Ltd, targeting mostly the ne
On the partnership with Royal Sundaram General Insurance Co Ltd, Dvara KGFS MD and CEO LVLN Murty said, "The partnership with Royal Sundaram enhances
Axis Bank has opposed a public interest litigation (PIL) filed by BJP leader Subramanian Swamy seeking a probe into an alleged fraud involving the ban
The Indian finance ministry has directed state-owned banks to conduct a comprehensive review of their gold loan portfolios, citing instances of non-co
JPMorgan Chase & Co.’s India head of equity capital markets, Abhinav Bharti, is leaving after 13 years. Arvind Vashistha will replace him. India is
The market share of RuPay cards is expected to improve soon as banks implement the recent Reserve Bank of India (RBI) directive, offering customers th
CCI has cleared the merger of fintech firm Slice with North-East Small Finance Bank and approved the acquisition of stake and majority shareholding in
Utkasrh had been claiming taxation under the concessional tax rate regime since assessment year 2020-21 and it had been granted the said benefit in ac
The Delhi High Court has sought responses from the RBI and SEBI regarding unethical lending practices by Paisalo Digital. Mukesh Arya's plea alleges v
L&T Finance Holdings Ltd has signed pact with JICA and Asia Development Bank for $125 million to fund marginal farmers, women entrepreneurs, women bor
The National Payments Corp of India (NPCI) is expected to grant a third-party application provider license to Paytm, also known as One 97 Communicatio
Health Minister Mansukh Mandaviya announced a credit assistance scheme by SIDBI to strengthen and expand Jan Aushadi Kendra network. Loan without coll
Non-banking finance company Muthoot FinCorp has partnered with Veefin Solutions Ltd to launch supply chain finance operations in India. Muthoot FinCor
Anuj Bansal will be responsible for overall financial strategy, including corporate financial planning, budgeting, supply chain and treasury managemen
