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Tata Capital MD says discount in IPO price band to encourage retail investors

Mumbai, Sept. 29 -- Amid concerns around a significant drop in the price of unlisted shares of Tata Capital and a lower-than-expected IPO price band, MD and CEO Rajiv Sabharwal told Mint that the boar... Read More


Anand Piramal takes over as chair of Piramal Finance post merger of parent with co

New Delhi, Sept. 24 -- Mumbai: Anand Piramal has assumed the role of chairman of Piramal Finance following its absorption of parent company Piramal Enterprises, effective from 16 September 2025. The ... Read More


Recurring payments via old Paytm UPI handles get 2-month lifeline

Mumbai, Sept. 21 -- In a relief to users and merchants, the National Payments Corp. of India (NPCI) has extended the deadline for stopping all autopay mandates linked to the erstwhile @Paytm UPI (unif... Read More


RBI governor nudges CCIL to put in place infra for currency trades beyond USD/INR

Mumbai, Sept. 19 -- Trade and settlement platform Clearing Corporation of India (CCIL) should explore putting in place necessary infrastructure to facilitate trading and settlement of currency pairs b... Read More


Explainer: What RBI's final directions mean for payment aggregators, users

New Delhi, Sept. 17 -- When you swipe a credit card or make an online purchase, a series of transactions occurs in the background, involving banks, payment aggregators and merchants. The Reserve Bank ... Read More


Japan's Sumitomo Mitsui to exit Kotak ahead of Yes Bank stake purchase

Mumbai, Sept. 9 -- Japan's Sumitomo Mitsui Banking Corp. (SMBC) plans to sell its stake in Kotak Mahindra Bank, likely to avoid any conflict of interest after getting the regulatory nod to buy nearly ... Read More


No GST on life, health cover: Cost shock looms

mumbai, Sept. 5 -- Insurers are bracing for higher operational costs after the government scrapped the goods and services tax (GST) on all individual life and health insurance premiums as part of its ... Read More


No GST on life, health cover: Cost shock looms

mumbai, Sept. 5 -- Insurers are bracing for higher operational costs after the government scrapped the goods and services tax (GST) on all individual life and health insurance premiums as part of its ... Read More


No GST on life and health insurance: Insurers brace for cost shock from input tax credit loss

Mumbai, Sept. 4 -- Insurers are bracing for higher operational costs after the government scrapped the goods and services tax (GST) on all individual life and health insurance premiums as part of its ... Read More


Gold lenders lobby to seek self-regulatory status, priority tag

New Delhi, Sept. 4 -- Mumbai: Gold lending industry lobby plans to seek self-regulatory organization (SRO) status from the Reserve Bank of India, citing its growing size and unique rules applicable to... Read More