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India needs up to Rs 172 trillion infrastructure investment by FY31 to turn demand into financeable projects: NaBFID-BCG ReportIndia needs Rs 168-172 trillion in infrastructure investment through FY31, but Rs 78-80 trillion is yet to enter the announced project pipe...
OneTag launched for FASTag users: You can now change issuer bank without replacing your FASTag; what will happen to your existing wallet?In a game-changing move for FASTag users, the newly launched 'OneTag' portability feature enables individuals to transition their issuer ba...
Apple Pay set for India launch next month with Axis Bank credit cards: ReportApple is set to launch Apple Pay in India next month, debuting with Axis Bank's credit card integration. Talks with prominent banks like HD...
World Bank mobilises $112 billion in private capital for developing nationsThe World Bank mobilised $112 billion in private capital for developing nations last year. This significant increase reflects a strategic s...
Inside Tata's empire as N. Chandrasekaran secures another five-year termTata Sons reappointed N. Chandrasekaran as chairman for another five years. The conglomerate's aviation business includes Air India and Air...
India supplies Wall Street with CEOs but has a shortage at homeIndia’s biggest private banks are finding it increasingly difficult to identify executives with the breadth of experience needed to lead la...
MDR on UPI transactions faces PIL in Supreme CourtA Public Interest Litigation challenges the government's new UPI charges. These charges apply to merchant payments exceeding two thousand r...
SC asks RBI to secure compliance of norms on seizure of financed vehicles by NBFCs, banksThe Supreme Court mandated the RBI to enforce lawful vehicle repossession rules. Financial institutions cannot seize vehicles without due l...
UPI MDR seen as sustenance fee, not windfall; small merchants remain shieldedA new merchant discount rate will fund UPI's expanding infrastructure costs. Large value person-to-merchant transactions above two thousand...
These 6 banking stocks have an upside potential of up to 26% in 1 year, according to analystsThe way things are panning out in the Gulf region, in Wall Street, and in the Bay Area in northern California, the chances of greater volat...
AU Small Finance Bank bolsters leadership ahead of universal bank transitionAU Small Finance Bank appointed two new senior executives to its leadership team. Anil Agarwal and Amol Padhye joined the bank as part of i...
UPI MDR could unlock Rs 22,000 crore revenue pool by FY28: BernsteinUPI could generate Rs 22,000 crore annually by FY28 through a modest merchant discount rate. Banks might receive Rs 14,000 crore and paymen...
BharatBenz adds new Supaul dealership to Bihar networkBharatBenz has opened a new dealership in Supaul, Bihar. This expansion strengthens its sales and after-sales reach across the Koshi belt. ...
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 22%, according to analystsRising crude-oil prices are an obvious concern. But domestic factors like FPI selling, market repricing in select sectors, and the impact o...
RBI proposes 60-day temporary debit hold on suspicious money mule transactions: Key things you need to know about RBI’s KYC directionsThe Reserve Bank of India has announced proposed regulations concerning money mule accounts, allowing banks to implement temporary debit ho...
Kotak Mahindra Bank's Manish Kothari resigns after 31 years; plans to explore entrepreneurial ventureKotak Mahindra Bank Group President and Head of Commercial Bank Manish Kothari has resigned after 31 years. He will leave on September 30, ...
SBI chief Setty says $127 billion FCNR inflow won’t trigger lending surgeState Bank of India Chairman CS Setty addressed concerns regarding foreign currency deposit inflows. He stated these funds will be absorbed...