Economic Times
IndusInd International Holdings had submitted its plan in June 2023 in the second round of bidding for the debt-laden company that was originally prom
The move will help reduce the burden of compliance on the regulated entities based on the recommendations of the Regulations Review Authority (RRA 2.0
A Gurgaon woman accuses an ICICI Bank manager, reported by BBC, of embezzling Rs 16 crore from her life savings. The manager created fake accounts, fo
Mizuho Financial Group Inc. showcased its business ties in India at Mumbai’s St Regis hotel. Mizuho announced its largest-ever acquisition in India.
Among the proposals currently being discussed was the establishment of a single 'settlement bank' in GIFT City, with which other entities would have d
More banks, contrary to expectations, are busy building brick-and-mortar presence across the country for access to something that has defined banking
Before IDBI Bank, other banks like Indian Overseas Bank (IOB) and RBL Bank have sold their MSME loans in the last quarter. IDBI's offer has received i
Indian banks are facing a hidden threat in their unsecured credit portfolios, with banks like IndusInd Bank, Bandhan Bank, and Yes Bank showing signs
The Reserve Bank of India (RBI) is taking steps to ensure smooth digital payments for Paytm UPI users with "@paytm" handles, as Paytm Payments Bank wo
The Reserve Bank of India (RBI) has taken steps to ensure seamless digital payments for UPI customers using the @paytm handle, as Paytm Payments Bank
Starting January, millions of salaried employees across India make their investment and expense declarations to save on taxes.
V. Jagannathan, the founder of Star Health and Allied Insurance Company, is launching a new venture in the health insurance sector called Galaxy Healt
The loans that Credit Fair will lend will have a principal of minimum Rs. 10,000 and a minimum tenure of six months with new to credit borrowers and b
India's financial stability panel aims to standardize customer verification processes across the financial sector to curb illegal lending through onli
HSBC has announced that India has become its third-largest profitable region, surpassing China. This growth is primarily driven by a strong performanc
The new insights come close on the heels of an RBI recommendation that financial institutions in India "abandon text-based OTPs as a method of secure
Priya Deshmukh, a seasoned professional with 27 years of experience, is appointed as head of health products, operations & services at ICICI Lombard G
India's financial regulator, the Reserve Bank of India (RBI), is intensifying oversight of fintech firms after inspections revealed lapses in customer
Paytm: Indian regulators are cracking down on potential fraud in the financial sector, starting with Paytm. The Reserve Bank of India is getting tough
Banks had been pressing for immunity from arbitrary arrest or action by investigating agencies against their top executives for taking commercial deci
