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2 mins read

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…

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5 mins read

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   


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2 mins read

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   


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2 mins read

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…

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2 mins read

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   


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11 mins read

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   


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2 mins read

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   


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2 mins read

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…

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2 mins read

'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…

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1 min read

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   


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3 mins read

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…

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11 mins read

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   


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2 mins read

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…

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2 mins read

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   


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5 mins read

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 …

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5 mins read

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…

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2 mins read

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   


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4 mins read

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   


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2 mins read

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…

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2 mins read

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.…

PTI