RBI’s action against Reliance Capital: Too late

The decision of the Reserve Bank of India to seek the solution of the Anil Dhirubhai…

Changes in Banking Regulation Act in Action

The government is eyeing a change in this banking regulation Act to prohibit new bank license…

GIFT City’s regulator wants more say in fund formation for business district

NS International Financial Services Center Authority (IFSCA), NS Gift City The regulator is understood to have…

India’s New Cryptocurrency Law Is Ready To Red-Flag Chit Funds, MLM Business Models

India is set to red flag several investment schemes launched by individuals cryptocurrency Exchanges that are…

FSS launches UPI eVoucher to drive financial inclusion

payment processor FSS (Financial Software and Systems) said on Wednesday that it has expanded its unified…

Private sector banks reduce lending rates as compared to public sector banks during the pandemic

private sector banks Has been a leader in reducing cost of funds over the past year…

Bank unions threaten two-day nationwide strike against the proposed privatization of public sector banks

United Forum of bank association (UFBU), an umbrella body of nine unions, has called for a…

Deutsche Bank strengthens wealth management team in India

Deutsche Bank Strengthening your wealth management in India To take advantage of the increased entrepreneurship wealth…

Sumitomo Mitsui completes purchase of 74.9 percent stake in Fullerton India

Sumitomo Mitsui Financial Group Inc. said on Wednesday that it has completed the purchase of 74.9…

HDFC, Axis Bank sell credit facilities of Reliance Capital to ACRE

A few months ago, the Reserve Bank of India (RBI) superseded the board of (RCap), Ares…