Economic Times
After this, Yes Bank held a Swiss challenge auction with Prudent ARC's offer as an anchor offer, giving the ARC the first right to match any counter-o
1707850480 Companies - 10 months ago
The group's acquisition of Reliance Capital is pending necessary court and regulatory approvals. Its offer of ₹9,650 crore was approved by the commi
1707850442 Companies - 10 months ago
TA Associates through its arm TA FDI Investors Ltd offloaded shares of Prudent Corporate Advisory Services on the National Stock Exchange (NSE). Accor
1707849631 Companies - 10 months ago
Indian fintech company Paytm has confirmed the resignation of an independent director from its banking subsidiary, Paytm Payments Bank. The director,
1707715292 Companies - 10 months ago
Title insurance benefits homebuyers with clear ownership and lenders with secure investments. It potentially lowers interest rates and improves access
1707675634 Companies - 10 months ago
Life Insurance Corporation of India has received an income tax refund order of Rs 25,464 crore, and it is likely to be realised during the current qua
1707653906 Companies - 10 months ago
The board of Reliance General Insurance Company Ltd made a Rs 118 crore provision in the quarter ending December 2023 to provide a one-time incentive
1707645352 Companies - 10 months ago
RBI Deputy Governor T Rabi Sankar emphasised the importance of the banking sector and its stakeholders being vigilant about legal and cyber risks, as
1707574139 Companies - 10 months ago
Indian Overseas Bank celebrates its 88th Foundation Day by unveiling new services and expansion plans. The bank will open 88 new branches and has incr
1707565854 Companies - 10 months ago
Bandhan Bank had a loan portfolio of Rs 1.16 lakh crore, up 18.6% over corresponding quarter last year. Its share of secured portfolio stood at 44.5%
1707560754 Companies - 10 months ago
India plans to reduce the number of regulations in the insurance sector and create a one-stop platform for insurance services. The country aims to pro
1707500938 Companies - 10 months ago
Vijay Shekhar Sharma, founder of Paytm, considered resigning from Paytm Payments Bank due to mounting regulatory pressures. Discussions were held to a
1707500878 Companies - 10 months ago
Sankar emphasized the increasing importance of cyber security as banks become more reliant on technology. He urged a closer examination of cyber secur
1707490917 Companies - 10 months ago
Airtel Payments Bank CEO Anubrata Biswas reported a significant increase in online applications for opening bank accounts and obtaining services like
1707482115 Companies - 10 months ago
Addressing a NBFC summit organised by the Confederation of Indian Industry (CII) Rao said though total assets of NBFCs have increased to 18.7% of the
1707468381 Companies - 10 months ago
When Yes Bank was in trouble, the RBI rejected the offer from distressed funds manager JC Flowers and instead arranged a merger with a group of local
1707418237 Companies - 10 months ago
Vijay Shekhar Sharma, the founder and CEO of Paytm, has built the company from a startup to India's biggest mobile payments company. However, a recent
1707392857 Companies - 10 months ago
The Reserve Bank of India (RBI) defended its action against Paytm Payments Bank, citing "persistent non-compliance" and violations of regulations, inc
1707387904 Companies - 10 months ago
Financial Services Secretary Vivek Joshi has urged public sector banks and insurance companies to handle trade finance and insurance cases sensitively
1707385482 Companies - 10 months ago
Paytm crisis: The Reserve Bank of India (RBI) has been cracking down on financial entities in recent years, and the action taken against Paytm is in l
1707384543 Companies - 10 months ago
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