Economic Times
Edelweiss Alternatives has completed a Rs 6,000 crore deal to acquire L&T Infrastructure Development Projects (LTIDPL), a joint venture owned by L&T a
IL&FS plans to sell 26% stake in NTBCL, DND flyover operator, for debt reduction. Public shareholders involved. NTBCL faces financial crunch, demands
The Financial Services Institutions Bureau (FSIB) has recommended Manoj Mittal as the Chairman and Managing Director of Small Industries Development B
HDFC Bank's Kavaratti Island branch leads in Lakshadweep's financial development with digital solutions, QR transactions, and a vast distribution netw
The proposal for local banks to carry out third-party clearing for the European banks comes on the back of a decision by the European Securities and M
Under the Liberalised Remittance Scheme (LRS), resident individuals are permitted to transfer up to $250,000 a year abroad to invest in properties and
Icra revised banking sector outlook to stable, expecting moderated credit growth. Net interest margins to compress due to rising deposit cost, potenti
The bank seeks to serve customers wherever they are and looks forward to serving the financial needs of individuals, families, and businesses in Laksh
DCM Shriram Ltd secures Rs 100 crore sustainable finance from Standard Chartered Bank for a compressed bio-gas plant at Ajbapur Sugar Unit, using 'pre
Icra downgraded the banking sector outlook from 'positive' to 'stable' due to expected credit growth and profitability moderation in FY25. Gross NPAs
DBS Bank's IFSC banking unit in Gujarat International Finance Tec-City (GIFT City) said in a statement that it led the syndicated loan. The funds will
The working group said in its recommendations that a five-day work week will align with practices adopted in international financial centres and offsh
Senior citizens can earn another 50 basis points, while women investors earn an additional 10 basis points, taking the maximum rate to 9.4% for a woma
In FY23, the insurance industry had reported a growth rate exceeding 16%. However, there was a slowdown in FY24 largely due to the performance of crop
Personal loans occupy a third of the overall AUM at present, and the growth in these loans is likely to be impacted because of the RBI's measures adop
Crisil predicts a slowdown in NBFCs' co-lending portfolios in FY'25, especially in unsecured lending, due to revised risk weights. While overall co-le
REC sanctioned record Rs 3.59 lakh crore loans in 2023-24, focusing on renewable energy. Its loan book reached Rs 5.09 lakh crore by March 31, 2024, w
It said Chithra H, the current CFO and Senior General Manager, will transition to the role of Chief Compliance Officer (CCO) as per regulatory d
IRDAI raises concerns over IndusInd International Holdings' (IIHL) resolution plan for Reliance Capital, citing deviations from insurance regulations.
Chandra Shekhar Ghosh, MD and CEO of Bandhan Bank since 2015, will retire on July 9, 2024, after three consecutive terms. The bank's loans have reache
