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Reserve Bank may act against more NBFCs to keep obscure lending practices in check, says Morgan Stanley
Earlier this month, the apex bank had already issued a stern warning to the NBFC sector, discouragi…
RBI slaps fine of Rs 2.91 crore on Axis Bank and HDFC Bank: All details
The Reserve Bank of India has fined Axis Bank and HDFC Bank a total of ₹2.91 crore for regulatory l…
Paytm can onboard new UPI users again, receives NPCI nod months after RBI restrictions
Paytm's parent company, One97 Communications Ltd, has received approval from the National Payments …
What has changed for your credit cards, starting today?
Starting today, RBIs new rules mandate that all credit card transactions in the country be processe…
Axis Bank posts net profit of ₹7,129 cr in March quarter
Total income rose to Rs 35,990 crore in the March quarter of 2023-24 fiscal, from Rs 28,758 cro…
PTI
Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans
India's microfinance and unsecured loan sector is facing a crisis with rising NPAs that threaten ov…
Simply Put: Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans
India's microfinance sector faces increasing challenges due to rising defaults, affecting the stabi…
Sensex, Nifty tumble nearly 1.5% as bank stocks slump on weak Japanese markets
Equity benchmark indices tumbled nearly 1.5% on Monday due to heavy selling in frontline stocks Rel…
Credit card growth experiencing a slowdown, as borrowers struggle to pay back loans
Growth in credit card spending across the system has dropped to about 13% year-on-year (y-o-y) in A…
I made it to managing director after 17 years in banking, then I quit. I didn't want to work myself into the ground well into my 60s.
Eric Sim, 54, spent more than 20 years in banking. The former UBS managing director now works as a …
Kwan Wei Kevin Tan
WPP's former dealmaker is joining investment bank Canaccord Genuity — a sign advertising M&A could heat up
Lance Maerov oversaw WPP's investment and acquisition strategy for over 20 years. This year, he bra…
Lara O'Reilly
Red Lobster's next CEO once explained why he doesn't practice work-life balance
Red Lobster's incoming CEO doesn't practice work-life balance. But he said it's an individual choic…
Jaures Yip
SEBI places JSW Cement's Rs 4,000-cr IPO on hold for now
The proposed issue involves a new issue of equity shares worth Rs 2,000 crore and an offer-for-sale…
PTI
Boeing's new CEO is taking on the ultimate management test
Boeing CEO Kelly Ortberg faces urgent challenges, including a worker strike. Experts say he should …