Mumbai, Aug. 9 -- On 31 July, PNB Housing Finance Ltd announced the resignation of its managing director and chief executive officer Girish Kousgi, just two months after its second-largest shareholder... Read More
Mumbai, July 28 -- IndusInd Bank, still reeling from its Rs.2,000-crore derivatives hit and a string of top-level exits, is making headway in appointing a new chief executive officer (CEO), even as it... Read More
Mumbai, July 19 -- Nearly a year after Axis Bank sealed its acquisition of Citibank's credit card business, the private sector lender is witnessing exits of some senior figures who joined as part of t... Read More
Mumbai, July 19 -- Nearly a year after Axis Bank sealed its acquisition of Citibank's credit card business, the private sector lender is witnessing exits of some senior figures who joined as part of t... Read More
Mumbai, July 2 -- Bank credit growth to non-banking financial companies (NBFCs) continues to lose steam, even after the Reserve Bank of India (RBI) rolled back tighter risk-weight norms earlier this y... Read More
Mumbai, June 23 -- A quality that Reserve Bank of India governor Sanjay Malhotra says has helped him support innovation and invite new ideas and diverse perspectives is challenging the status quo. "I... Read More
Mumbai, June 20 -- HDB Financial Services, the country's largest non-banking financial company (NBFC), said on Friday it has arrived at a discounted valuation of $7.2 billion for its initial public of... Read More
Mumbai, June 19 -- The Reserve Bank of India (RBI) on Thursday relaxed the provisioning norms for project finance loans, following appeals by lenders. The RBI, in its final guidelines, has mandated t... Read More
Mumbai, June 19 -- Premji Invest, the family office of Wipro founder chairman Azim Premji, is looking to back former ICICI Bank banker Bijith Bhaskar to set up a tech-driven non-banking finance compan... Read More
Mumbai, June 9 -- As the US economy goes through a stagflationary shock owing to higher tariffs, India and other countries will remain outliers, according to Claudio Irigoyen, managing director and he... Read More