MUMBAI, March 11 -- Aditya Birla Capital on Monday decided to take into its fold wholly-owned subsidiary Aditya Birla Finance, a move that would allow the upper layer non-bank financier to comply with... Read More
Mumbai, March 6 -- The Reserve Bank of India (RBI) on Wednesday restricted card issuers, such as banks, from entering into exclusive arrangements with card networks that forbid them from tapping rival... Read More
Mumbai, March 4 -- The Reserve Bank of India has approved the proposed merger of Fincare Small Finance Bank Ltd with AU Small Finance Bank Ltd, a little over four months after it was first announced. ... Read More
Mumbai, March 4 -- Customers will soon be able to pay businesses through net banking irrespective of whether or not their banks and the merchants' payment aggregator are integrated, with the central b... Read More
Mumbai, Feb. 28 -- The Reserve Bank of India (RBI) on Wednesday suggested that financial institutions, including banks and large non-bank financiers, should disclose climate change risks. The central ... Read More
Mumbai, Feb. 27 -- A Reserve Bank of India (RBI) directive from 2022 could potentially reduce the number of stressed asset turnaround companies in India, experts said, as these institutions try to mee... Read More
Mumbai, Feb. 27 -- Paytm founder Vijay Shekhar Sharma has stepped down as non-executive chairman of Paytm Payments Bank as the lender overhauls its board in the face of regulatory strictures. Sharma ... Read More
Mumbai, Feb. 27 -- Paytm founder Vijay Shekhar Sharma has stepped down as non-executive chairman of Paytm Payments Bank as the lender overhauls its board in the face of regulatory strictures. Sharma ... Read More
Mumbai, Feb. 26 -- Paytm founder Vijay Shekhar Sharma has stepped down as non-executive chairman of Paytm Payments Bank as the lender overhauls its board in the face of regulatory strictures. Sharma ... Read More
Mumbai, Feb. 24 -- The Reserve Bank of India has recently asked a card network to pause payments under a system that allowed corporates to make card payments to certain other businesses. While the re... Read More