RBL Bank likely to have a hybrid name post ownership change, open to inorganic opportunities

New Delhi, Oct. 19 -- Once the Emirates NBD acquisition of a majority stake in RBL Bank is complete and the Indian bank is merged with the Dubai lender's wholly owned subsidiary here, the new entity w... Read More

RBL Bank to transition from private to listed foreign bank arm, expects regulatory approvals in 5-6 months

New Delhi, Oct. 19 -- RBL Bank Ltd expects to secure regulatory approvals in the next five to six months for a $3 billion investment from Emirates NBD, a deal that would ultimately transition the Indi... Read More

HDFC Life to cut agent commissions as GST impact hits financials

Mumbai, Oct. 16 -- HDFC Life Insurance Co. will reduce distributor commissions as the removal of the goods and services tax (GST) on certain retail term and health policies caused a loss of input tax ... Read More

HDFC Life to cut agent commissions as GST impact hits Q2 financials

Mumbai, Oct. 16 -- HDFC Life Insurance Co. will reduce distributor commissions as the removal of the goods and services tax (GST) on certain retail term and health policies caused a loss of input tax ... Read More

Axis Bank's standard asset provisions up on one-time reclassification impact, Q2 PAT falls 26% YoY

Mumbai, Oct. 15 -- Axis Bank's provisions on standard assets surged during the second quarter of the current financial year due to a one-time impact of reclassification of certain priority sector loan... Read More

India aims to double bilateral trade with UK to $112 billion by 2030: Modi

Mumbai, Oct. 9 -- India aims to double its bilateral trade with the UK to $112 billion by 2030, prime minister Narendra Modi said on Thursday at an event attended by his British counterpart Keir Starm... Read More

India aims to double bilateral trade with UK to $120 billion by 2030: Modi

Mumbai, Oct. 9 -- India aims to double its bilateral trade with the UK to $120 billion by 2030, prime minister Narendra Modi said on Thursday at an event attended by his British counterpart Keir Starm... Read More

India building high performance computing capacity under AI mission for equitable access

Mumbai, Oct. 9 -- Under its artificial intelligence (AI) mission, India is building high-performance computing capacity to ensure that every innovator and start-up has access to new technologies at a ... Read More

Fintechs must design products for all: RBI guv

Mumbai, Oct. 9 -- Fintechs in India have a clear mandate from the head of the country's central bank: design products that are accessible, inclusive, and tailored for underserved populations. Speaking... Read More

Design for all: RBI governor urges fintechs to empower underserved segments

Mumbai, Oct. 8 -- Fintechs in India have a clear mandate from the head of the country's central bank: design products that are accessible, inclusive, and tailored for underserved populations. Speakin... Read More

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