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ICICI Securities hit 52-week high as board to consider delisting proposal on Jun 29

ICICI Bank plans to delist its subsidiary ICICI Securities from stock exchanges, and its board will…

PTI   


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Market closing: Sun Pharma, Hero Moto lose as fertiliser stocks shine

Nifty and Sensex closed on a positive note. Sun Pharma and HDFC Life were amongst the day's losers.…

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4 mins read

RBI announces digital payments intelligence platform to check online frauds

In a bid to bolster the safety and security of digital payments and enhance regulatory frameworks, …

ANI   


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Debt, equity holders approve merger of IDFC with IDFC First Bank

The board of the bank presented the result of voting on the proposal for amalgamation before the…

PTI   


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China plans to float nuclear reactors in disputed South China Sea; Analysts see it 'risky for environment'

The US military warned that China is moving forward with developing floating nuclear reactors in th…

ANI   


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Tesla investor accuses Elon Musk of insider trading that banked him $7.5 billion

Tesla investor Michael Perry alleged that Elon Musk knew the company would miss fourth-quarter proj…

Lloyd Lee   


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HDFC gets RBI nod to acquire 9.5% stake in IndusInd Bank

The Reserve Bank of India (RBI) has approved HDFC Bank's proposal to acquire an up to 9.5 per cent …

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UCO Bank to raise up to ₹1,000 crore by issuing bonds

State-owned UCO Bank on Wednesday said it is planning to raise up to ₹1,000 crore by issuing debt s…

PTI   


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RBI to soon launch app to enable retail investors to participate in govt bonds

The Reserve Bank on Friday announced the launch of a mobile app to enable retail investors to parti…

PTI   


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NCLAT directs NHAI not to terminate concession agreement of IL&FS group entity

, The National Company Law Appellate Tribunal has directed the National Highways Authority of India…

PTI   


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Uniform KYC on the horizon! Here’s how the proposed process can ease the burden on customers and institutions

In a recent meeting led by Finance Minister Nirmala Sitharaman, a proposal was submitted for unifor…

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Trump's proposed tariffs would be 'recessionary' and could spark a resurgence in inflation, Harvard economist says

Trump's policies would also likely worsen the national debt problem, Harvard economist Kenneth Rogo…

Jennifer Sor   


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Now, Ayodhya is all set to get its own 'chowpatty' on the banks of Saryu

One of the banks of Saryu river in Ayodhya will be developed as a beach, popularly known as 'chowpa…

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Why banks and consumer groups have become unlikely allies

Trade groups are warning that the Basel III proposal could unintentionally curb credit supply, with…

Filip De Mott   


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RBI approves IDFC-IDFC First Bank merger

Reserve Bank of India has given its nod for the reverse merger of IDFC Ltd with its banking subsidi…

PTI   


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RBI plans new framework for authentication of digital transactions

The RBI on Thursday said that it has decided to come out with a new framework for authentication of…

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3 mins read

Capital Small Finance Bank IPO to open on Feb 7, sets price band at ₹445-468/sh

The initial public offer of Capital Small Finance Bank will open on February 7 and close on Februar…

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2 mins read

India’s central bank to establish cloud facility for financial institutions

India’s central bank, the Reserve Bank of India (RBI) is working on a dedicated cloud facility for …

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3 mins read

Debt schemes of MFs lose edge over bank deposits as Budget proposes to scrap LTCG & indexation benefits

With the change in taxation, distributors and advisors are rushing to lock in large amounts of inve…

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Analysing SEBI’s TER proposal: AUM growth vs profitability, a misplaced concern, says report

Investors are concerned that a high pass-through of TER (total expense ratio) cut with distributors…