The Reserve Bank of India on Tuesday approved the shareholding dilution plan of Kotak Mahindra Bank's promoter.
In a filing with the stock exchange, the...
India urgently needs more ambitious structural and financial sector reform measures and a medium-term fiscal consolidation strategy due to the rising debt levels while...
Chennai-based global banking technology solution provider Maveric Systems on Monday announced that "it has appointed Vasametti as its new director of Quality Engineering (QE)...
Credit Suisse Chief Executive Tidjane Thiam has quit after a power struggle at Switzerland's second-biggest bank, which faces investor pressure over a spying scandal...
Citing to the conflict of interest, Flipkart ex-CEO and Co-founder Sachin Bansal has announced that, “It has resigned as an independent director of Ujjivan...
Manappuram Finance on Monday has announced the approval of the issuance of fixed-rate senior unsecured notes aggregating to $300 million.
In a filing at BSE,...
The National Stock Exchange (NSE) has said that “It has approached the markets' regulator SEBI, for the approval to its IPO.”
While speaking with the...
The Finance Ministry has declined to share Swiss bank accounts details of Indians saying it is covered under "confidentiality provisions" of a tax treaty...
Reserve Bank of India, also known as (RBI) is buying dollars in the market through state-run banks.
Four traders, familiar with the update, said, "It...
Finance Minister Nirmala Sitharaman on Thursday introduced a bill in the Lok Sabha to amend the Insolvency and Bankruptcy Code. The Insolvency and Bankruptcy...
Bengaluru settled fintech startup Zeta has announced the appointment of Visa’s Murali Nair as the president of its banking business.
Murali Nair, who holds 26...
Finance Minister Nirmala Sitharaman has said that the Indian public sector banks had the "worst phase" under the combination of former Prime Minister Manmohan...
India's crisis-hit shadow bank Dewan Housing Finance (DHFL) has submitted a draft resolution plan proposing to convert debt to equity while seeking to sell...
A Banglore-based technology service provider, Mindtree on Wednesday launched its new Blockchain-powered “Merchant On-Boarding” solutions for banks and payment service providers.
In a statement issued...