3+ day, 5+ hour ago   (765+ words) The legal cases come amid HDFC Bank’s internal review of the episode, which led to disciplinary action against 15 executives earlier this year over their alleged role in the Credit Suisse AT1 bond matter Bahrain’s Court has rejected all seven cases filed…...

5+ day, 2+ hour ago   (395+ words) The RBI Governor also highlighted fintech’s contribution to improving customer experience and the efficiency of financial infrastructure RBI Governor said fintech has taken banking services “from the branch to the hand” of citizens UPI, Aadhaar-enabled payments and Jan Dhan have…...

6+ day, 2+ hour ago   (419+ words) REC accepted ₹500 crore at a 7.30% coupon for one year and nine months The issue received ₹796 crore worth of bids, translating into around 8x oversubscription Tokenisation enabled same-day pay-in, allotment and listing, with the bonds listed on NSE and BSE REC Ltd, a…...

6+ day, 7+ hour ago   (418+ words) Fairfax is looking to sell its entire IIFL Finance holding ahead of its IDBI Bank bid Blackstone has emerged as a potential buyer in the proposed transaction Blackstone Inc has emerged as one of the global investment firms considering the…...

6+ day, 8+ hour ago   (454+ words) RBL Bank is preparing to tap overseas debt markets for up to $1 billion The fundraising will be subject to market conditions and regulatory requirements Citi said the bank has mobilised $3.4 billion in gross FCNR(B) deposits through the RBI’s swap facility…...

6+ day, 6+ hour ago   (587+ words) Former RBI Deputy Governor Michael Patra says India could overtake the US by the mid-2030s and China later to become the world’s largest economy, provided it fully harnesses its demographic dividend and pushes through key structural reforms India’s young and expanding…...

6+ day, 9+ hour ago   (936+ words) A string of stronger economic indicators in August has brightened hopes for a festive-season consumption pickup, though uneven demand, rural uncertainty and persistent cost pressures remain key risks 7.8% Q1FY27 GDP growth, a 14.8% rise in August GST collections and stronger services activity…...

6+ day, 8+ hour ago   (520+ words) RBI sold an estimated $8-$15 billion in the FX market last week Strong dollar inflows have given the central bank greater room to intervene Rupee rose to ₹94.2850 on September 3, its strongest level in more than two months The Reserve Bank of…...

1+ week, 4+ day ago   (651+ words) Zerodha is set to expand into investment banking after SEBI cleared its merchant banking licence application, opening the door to IPOs, FPOs, rights issues and other capital-market deals Zerodha’s merchant banking application has been cleared, though the formal registration process…...

1+ week, 4+ day ago   (1246+ words) Garg’s claim that the Indian government manipulated GDP figures has triggered a flurry of political and economic reactions, after his views began circulating widely on social media earlier in the day. While some backed his argument, others dismissed it as…...