Economic Times
HSBC Credit Card range caters to luxury and cashback preferences. The Premier Metal Card offers airmiles redemption and dining perks, while the Cashba
1714135722 Companies - 2 weeks ago
S&P Global Ratings warned that RBI's recent regulatory action on Kotak Mahindra Bank could limit the bank's credit growth and profitability. The RBI p
1714122704 Companies - 2 weeks ago
The Bombay High Court declared that issuance of Look Out Circulars (LOC) by public sector banks against default borrowers without a specific law viola
1714121922 Companies - 2 weeks ago
The Reserve Bank of India's increased scrutiny on Kotak Mahindra Bank has resulted in a temporary halt on acquiring new customers through online and m
1714032042 Companies - 2 weeks ago
India's central bank plans to amend guidelines allowing banks to temporarily freeze accounts suspected of cyber crimes, combating a surge in online fr
1714031736 Companies - 2 weeks ago
Axis Bank's board approved the re-appointment of Amitabh Chaudhry as MD & CEO for three more years, subject to RBI approval, effective January 2025. C
1714024456 Companies - 2 weeks ago
The Reserve Bank of India (RBI) has imposed strict restrictions on Kotak Mahindra Bank, a third-most valued private bank in India, for failing to fix
1714003200 Companies - 2 weeks ago
Russian financial institutions have been negotiating with the Reserve Bank of India (RBI) to use the rupees in special accounts in India for investmen
1714003200 Companies - 2 weeks ago
Kedaara Capital has closed its $1.73 billion fund, Kedaara IV, the largest fund raised by an India private equity fund in 12 years. The fund, which wi
1713985422 Companies - 2 weeks ago
Kotak Mahindra Bank is in the latest in the line of entities in financial services which has been pulled up for various lapses. Hints are that more co
1713983735 Companies - 2 weeks ago
Goldman Sachs has hired Sunil Khaitan and Kamna Sahni as head of financing and M&A respectively in India. Both have previously worked at Bank of Ameri
1713974138 Companies - 2 weeks ago
The Mumbai-based Infina Finance donated electoral bonds worth Rs 60 crore to the Bharatiya Janata Party (BJP). The NBFC firm purchased these bonds in
1713971434 Companies - 2 weeks ago
Rana Ashutosh Kumar Singh recommended by FSIB for SBI MD post, pending Appointments Committee of the Cabinet approval under PM Modi's leadership. FSIB
1713957907 Companies - 2 weeks ago
The Reserve Bank of India (RBI) directed Kotak Mahindra Bank to halt new credit card issuance and customer onboarding via online and mobile banking du
1713954984 Companies - 2 weeks ago
Creditors invoked a guarantee due to CIRP non-compliance, halting the Lavasa project. Legal battles continue as lenders lose confidence in the resolut
1713725862 Companies - 3 weeks ago
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
1713725160 Companies - 3 weeks ago
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
1713724742 Companies - 3 weeks ago
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
1713716903 Companies - 3 weeks ago
"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
1713698740 Companies - 3 weeks ago
The Insurance Regulatory and Development Authority of India (IRDAI) has eliminated the age limit of 65 years for purchasing health insurance policies,
1713686490 Companies - 3 weeks ago