NBFCs tracking bank tags face long waits, stringent norms

Large corporate-backed NBFCs such as Bajaj Finance, L&T Financial Holdings, Aditya Birla Capital and Tata Capital…

Crypto exchanges look at their new sign-ups amid uncertainty

Mumbai: There has been a drop in new sign-ups cryptocurrency exchange, as potential investors appear to…

Slice becomes unicorn after raising $220 million from Tiger Global, Insight Partners

Following this funding, the Bengaluru-based startup is valued at over $1 billion – a fivefold increase…

Religare Finvest’s debt in final stages; NBFCs to resume in January

With loan rescheduling in the final stage, Religious Finvest Ltd. (RFL) is all set to restart…

PNB puts up National Steel and Agro Industries for sale to recover Rs 200 cr

state owned (GNPhas put up for sale a Madhya Pradesh-based steel and agriculture company to recover…

Visa complains to US government about India’s support for local rival RuPay

Visa Inc. has complained to the US government of “informal and formal” promotion of India’s domestic…

IndusInd Bank’s Hinduja welcomes RBI’s move to increase promoter holding to 26%

Hinduja, who had applied earlier reserve Bank of India Seeking to increase its stake in the…

Sumaya Corporation drags GST officers to court over their power to arrest

BSE-listed Sumaya Corp.GST) Bombay High Court officials argue that revenue authorities do not have the power…

Corporate exclusion from banking shrinks buyer pool for PSBs

(This story originally appeared in . on November 27, 2021) The Reserve Bank of India’s decision…

Metro branches bring life back to bank loan growth

Increase credit enhancement Bank branches in metropolitan centers led the gradual revival of lending during the…