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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…
The death of a young EY employee is raising questions over India's 'always-on' work culture
Fourteen-hour work days, meetings during vacations, and no overtime. India has one of the toughest …
Hannah Abraham
RBI unlikely to cut interest rate in 2024: SBI chief Setty
"On the rate front, a lot of central banks are taking independent calls. While Fed rate cut wou…
PTI
Weekend wrap: Nvidia’s AI-driven surge, Indian banks’ steady growth and more
Nvidia has become the world's largest company amidst an AI boom, surpassing Apple. Meanwhile, the U…
RBI penalizes five banks, including PNB, for regulatory non-compliance in first week of July
The Reserve Bank of India (RBI) has penalized five banks, including Punjab National Bank (PNB), in …
ANI
Meet the executive tasked with Citi's hardest challenge: getting the bank's house in order
Anand Selva made his name in Citi's consumer bank. Now he runs Citi's multibillion-dollar effort to…
Hayley Cuccinello
EPS Pensioners to get pension from any bank, any branch, anywhere in India from January 1, announces Mansukh Mandaviya
The CPPS is expected to benefit over 7.8 million EPS pensioners of EPFO. By leveraging advanced IT …
ANI
Mumbai woman loses Rs 6 lakh to cyber fraud while trying to save Rs 5,000 — here’s how to avoid such scams
What started as a simple attempt to withdraw Rs 5,000 from an ATM ended with her losing Rs 6 lakh t…
'Work-life balance is a myth’: Photo of man working in front of momo stall goes viral, Internet reacts
Work-life balance has been challenging for many since work-from-home norms started in 2020. A photo…
RBI authorises Bandhan Bank to disburse pension to retired railway employees
Private lender Bandhan Bank on Wednesday said it has been authorised by the Reserve Bank of India (…
PTI
Weekend wrap: Amazon employee reveals tricks to avoid working from office, markets hit all-time highs
This week in finance, markets hit all-time highs, prompting mutual fund investors to strategize. Re…
Big banks promised to protect the planet. Now they're doing an about-face.
Big banks and asset managers are a powerful force in fighting the climate crisis, but many of them …
Catherine Boudreau
QIBs swoop in to save the day: India's biggest ever IPO fully subscribed!
QIBs (Qualified Institutional Buyers), who had been offered about 19.89% of the total issue pie, en…
Wayanad Landslide: Kerala Bank waives loans for disaster victims at Chooralmala Branch
In the wake of the landslide disaster at Mundakkai in Wayanad district of Kerala that took place on…
ANI
Hyundai IPO review – Everything you need to know about India’s biggest IPO
Hyundai Motor India Limited, the Indian arm of South Korean automaker Hyundai Motor Company is all …
10 financial scams that shook India: A dive into deception
From Ponzi schemes to bank frauds, the Indian government and investors have fallen victim to many f…
SBI Eco Research forecasts Q3 FY24 GDP growth at 6.8% amid global complexities
According to their report, the GDP growth is likely to be at 6.8 per cent, based on an unchanged ba…
ANI
Hindenburg shared the Adani report with its client Mark Kingdon two months before publishing it: Sebi
Hindenburg Research shared Adani report with Mark Kingdon two months earlier, according to the SEBI…
PTI
Do large IPOs guarantee large returns? Data suggests that 18 of India's biggest 30 IPOs did not generate solid returns
While over Rs 50,000 crores have been raised by these share sales so far since 2023, only 22% of th…
Indian IT sector staring at 2nd straight year of muted revenue growth: Crisil
The overall industry size is pegged at USD 250 billion and it creates over 50 lakh direct jobs.…