Mumbai, April 28 -- India's second-biggest overseas acquisition was stitched together over three months of near-daily negotiations between the bidder, the seller and their bankers, said a banker aware... Read More
Mumbai, April 27 -- The Reserve Bank of India (RBI) on Monday said it has rejected lenders' demand for more time to transition to the expected credit loss (ECL) framework mandate. With the deadline be... Read More
Mumbai, April 23 -- Tata Capital, the non-banking financial company (NBFC) subsidiary of Tata Sons, on Thursday said it has witnessed some tangible benefits of using artificial intelligence (AI) in it... Read More
New Delhi, April 22 -- As the West Asia war raged and supply shocks rippled across the globe, the central bank's monetary policy committee (MPC) chose to wait and watch as they kept the repo rate unch... Read More
Mumbai, April 22 -- India's trustee services industry has long operated in the background. At Axis Trustee Services Ltd, an arm of private sector lender Axis Bank, the new chief executive is pushing t... Read More
Mumbai, April 18 -- Private sector lender ICICI Bank on Saturday said it has witnessed no impact of the West Asia war on its books and feels it is too early to predict if it will have any bearing on c... Read More
Mumbai, April 15 -- The Reserve Bank of India (RBI) has returned Ujjivan Small Finance Bank's application to upgrade to a universal bank, sending a clear signal to the industry: meeting financial crit... Read More
Mumbai, April 13 -- The Reserve Bank of India's (RBI) latest proposal to classify non-banks with assets over Rs.1 trillion in the upper layer could leave little wiggle room for Tata Sons, save for the... Read More
mumbai, April 9 -- India needs to keep a constant vigil on ongoing geopolitical developments, even as some economic indicators remain favourable, Reserve Bank of India (RBI) governor Sanjay Malhotra s... Read More
MUMBAI, April 8 -- The Reserve Bank of India's foreign exchange rate policy remains unchanged, governor Sanjay Malhotra said on Wednesday, commenting on the volatility of the rupee since the start of ... Read More