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Lupin launches Rivaroxaban Tablets USP, 2.5 mg in the US

India, March 7 -- Lupin has launched Rivaroxaban Tablets USP, 2.5 mg, following the final approval of its Abbreviated New Drug Application from the U.S. FDA.Rivaroxaban Tablets USP, 2.5 mg, is bioequi... Read More


Alembic Pharmaceuticals' Vadodara unit completes USFDA inspection

India, March 7 -- Alembic Pharmaceuticals announced that United States Food and Drug Administration (USFDA) has conducted an inspection at its Bioequivalence Facility located at Vadodara from 3r March... Read More


Board of AU Small Finance Bank approves raising Tier II capital up to Rs 1,500 crore

India, March 7 -- The Board of AU Small Finance Bank at its meeting held on 07 March 2025 has approved issuance of Unsecured, Rated, Listed, Redeemable, Subordinated, Non-Convertible Lower Tier II Bon... Read More


Shriram Pistons & Rings to acquire Karna InterTech

India, March 7 -- Shriram Pistons & Rings (SPRL) has entered into a Share Purchase Agreement with existing shareholders of Karna InterTech (Karna) to acquire 100% equity stake in Karna for a considera... Read More


RBI approves the voluntary amalgamation of Jawahar Sahakari Bank Ltd., Hupri with Kallappanna Awade Ichalkaranji Janata Sahakari Bank Ltd

India, March 7 -- The Reserve Bank of India has sanctioned the Scheme of Amalgamation of Jawahar Sahakari Bank Ltd., Hupri with Kallappanna Awade Ichalkaranji Janata Sahakari Bank Ltd. The Scheme has ... Read More


RBI imposes monetary penalty on Bridge Fintech Solutions Private Limited ("Finzy")

India, March 7 -- The Reserve Bank of India (RBI) has, by an order dated March 04, 2025, imposed a monetary penalty of Rs. 10.00 lakh (Rupees Ten Lakh only) on Bridge Fintech Solutions Private Limited... Read More


RBI imposes monetary penalty on Visionary Financepeer Private Limited

India, March 7 -- The Reserve Bank of India (RBI) has, by an order dated February 25, 2025, imposed a monetary penalty of Rs. 16.60 lakh (Rupees Sixteen Lakh Sixty Thousand only) on Visionary Financep... Read More


RBI imposes monetary penalty on Fairassets Technologies India Private Limited ('Faircent')

India, March 7 -- The Reserve Bank of India (RBI) has, by an order dated February 11, 2025, imposed a monetary penalty of Rs. 40 lakh (Rupees Forty lakh only) on Fairassets Technologies India Private ... Read More


RBI imposes monetary penalty on Rang De P2P Financial Services Limited ("Rang De")

India, March 7 -- The Reserve Bank of India (RBI) has, by an order dated February 25, 2025, imposed a monetary penalty of Rs. 10 lakh (Rupees Ten Lakh only) on Rang De P2P Financial Services Limited (... Read More


African Development Bank Group's AFAWA initiative takes stage at Elysee Palace International Women's Day event

Cote Dlvoire, March 7 -- The African Development Bank Group is showcasing its transformation of Africa's financial sector to provide Africa's women entrepreneurs billions of U.S. dollars to grow their... Read More