financial institutions

Mumbai, April 9 – The Reserve Bank of India’s continued focus on boosting economic growth, along with its proposed regulatory changes for non-banking financial companies (NBFCs), is expected to bring greater strength and clarity to the sector, Rajesh Sharma, Managing Director of Capri Global...

New Delhi, April 3 The Reserve Bank of India (RBI) has granted approval to Dubai-based Emirates NBD Bank to acquire up to 74% stake in RBL Bank, paving the way for the bank to become a foreign lender.The approval from the RBI came on April 1, with a validity of one year, RBL Bank said in a...

Mumbai, April 1 Amid the West Asia conflict, domestic rating agency Crisil on Wednesday estimated that banks' credit growth would moderate marginally in FY27 and delinquencies would rise.The banking system is expected to report a 13 per cent credit growth in 2026-27, a marginal dip compared to...

RBI Mandates Two Factor Authentication for Digital Payments from April 1, 2026 New Delhi, March 29: Digital payments in India are set for a major security upgrade from April 1, 2026, as the Reserve Bank of India introduces stricter authentication norms aimed at curbing rising online fraud.Two...

New Delhi, March 25 The market regulator, Sebi, on Wednesday deferred the implementation of guidelines allowing mutual funds to borrow intraday from financial institutions, including banks, to July 15.The framework was originally scheduled to come into effect on April 1."In order to address...

HDFC Bank Appoints External Law Firms to Review Atanu Chakraborty’s Resignation Board Moves to Strengthen Governance Oversight Mumbai, March 24: HDFC Bank has announced that its Board has approved the appointment of external law firms, both domestic and international, to review the resignation...

India Stock Market Correction Opens Attractive Entry Point for Foreign Investors, SEBI Official Says Market Correction Creates Fresh Investment Opportunities Mumbai, March 19 – India’s stock market is emerging as an attractive destination for foreign investors following the recent correction, a...

HDFC Bank Chairman Atanu Chakraborty Resigns Citing Ethical Concerns First Mid-Term Exit Raises Governance Questions at India’s Second-Largest Lender New Delhi, March 19 In a sudden development, Atanu Chakraborty has resigned as the part-time chairman of HDFC Bank, citing ethical concerns...

RBI Needs to Revisit Investor Criteria, Support Financial Sector Consolidation: M Rajeshwar Rao Calls for Regulatory Flexibility to Enable Growth and Capital Formation Mumbai, March 18 Former Reserve Bank of India Deputy Governor M Rajeshwar Rao on Wednesday urged a re-evaluation of investor...

India Equity Markets Outlook: Financials and Infrastructure to Lead Despite Near-Term Volatility Strong Macroeconomic Fundamentals Support Long-Term Equity Growth Financials and infrastructure sectors are expected to remain the key drivers of India’s equity markets, even as global tensions and...

Transaction to Be Completed by March 31, 2026 New Delhi, February 16: BLS E-Services announced on Monday that it will acquire a 100 percent stake in Atyati Technologies for ₹154 crore in a fully cash transaction.According to a regulatory filing, the acquisition is based on the equity value of...

Seoul, February 15 – South Korea is preparing to form a team of specialists to support a newly established government committee tasked with conducting a preliminary review of potential investment projects in the United States as part of a trade deal between the two countries, trade authorities...

New Delhi, February 15 – M Nagaraju, Secretary, Department of Financial Services (DFS), has emphasized the need to improve the Credit-GDP ratio – making our financial institutions more agile and exploring new ways of financing on a larger scale in line with the goals of Viksit Bharat (Developed...