Economic Times
Kotak Mahindra Bank aims to redistribute resources to mitigate the effects of RBI's recent measures, which prohibited the bank from onboarding new cus
RPG Group Chairman Harsh Goenka has raised alarm over a resurgence of stock market malpractices akin to the Harshad Mehta/Ketan Parekh era, particular
The Reserve Bank of India (RBI) has lifted the restrictions on Bajaj Finance's eCOM and online digital ‘Insta EMI Card’ with immediate effect, acc
IRDAI expected to approve IndusInd International Holdings' acquisition of Reliance Capital's 3 insurance companies. NCLT endorsed IIHL's ₹9,650 cror
Regulator-market discord on rate transmission persists. Fresh term deposits show full 2.5% repo rate hike. Interest margins squeezed, WADTDR at 6.62%
Restaurants, retailers, small traders, companies face frozen funds due to cybercrimes. Urging action from finance ministry, LEAs, police. I4C initiati
According to the company, employees will begin moving to the new facility, located in sector 74A Gurugram, in phases, starting at the end of May 2024.
The bank informed the stock exchange late Tuesday evening that Manian has stepped down from his position to pursue other opportunities in the financia
As per latest data from the finance ministry, around 215,000 cases are pending before DRTs till January 2024, of which 162,000 are original applicatio
At the time of the announcement, Manian said that he was tendering his resignation from Kotak Mahindra Bank to pursue other opportunities in the finan
The weighted average lending rate (WALR) on fresh rupee loans of the commercial banks stood at 9.37 per cent in March 2024 (9.36 per cent in February
Uco Bank plans a Rs 1000 crore investment in digitalization and IT upgrades, a 43% increase from last year. Managing Director Ashwani Kumar aims to le
ICICI Prudential Life Insurance has been ordered to pay a GST and penalty of Rs 835 crore from Maharashtra's State Tax department for FY2019. The orde
The Indian financial system, recovering from a history of bad loans, faces new challenges as banks grapple with technology pitfalls. Kotak Mahindra Ba
At a time when overseas capital flows have been firm, foreign lenders have requested the banking regulator for flexibility in compliance with the cent
The International Finance Corporation (IFC) plans to increase its investment in India to over $4 billion this financial year, with a focus on climate
IDBI Bank has raised governance concerns over the exclusion of nominee directors from board meetings of New Tirupur Area Development Corporation Ltd (
Satin CreditCare Network's net profit rose 33% to Rs 125 crore in March quarter, driven by robust growth. Assets under management increased by 34% in
The Finance Ministry is reviewing the Bombay High Court order banning public sector banks from seeking look-out circulars (LOCs) against wilful defaul
As more and more people in India take to paying digitally, banks are having to pick up a larger tab on account of rising costs of maintaining a compet
