India's financial sector has launched a new platform called ARIFAC. This brings together banks, NBFCs, payment firms, insurers, and other e...

India's competition watchdog has given the green light for Kedaara Capital to invest Rs 750 crore in Axis Finance. This marks a significant...

Ukraine is fast-tracking financial reforms to align its banking and insurance sectors with EU standards by 2028, despite ongoing war. Gover...

The Reserve Bank of India has updated investment rules for Non-Resident Indians and Overseas Citizens of India. Individuals residing outsid...

The Reserve Bank of India has prohibited third-party incentives to employees of regulated entities, while allowing banks and NBFCs to rewar...

India plans further measures to attract foreign capital. Finance Minister Nirmala Sitharaman stated that additional steps will be taken if ...

Telecom companies and banks are in a dispute over India's new digital consent rules for commercial messages. Major telecom players want con...

Indian companies are prioritising local AI rules over international ones. They are focusing on ethics, identity, and privacy as AI adoption...

Wealthy Indians are finding ways to benefit from a new foreign currency deposit scheme. They are sending money to NRI relatives as gifts to...

The Treasury Department is guiding banks to share information on suspected undocumented customers, framing it as a crackdown on fraud and c...

In an ambitious bid to enhance India's foreign currency reserves, the Reserve Bank of India is urging banks to ramp up their efforts in att...

Banks are urging the RBI to clarify regulations for the new FCNR deposit scheme, aiming to attract diaspora funds. They seek a tweak in wor...

Aggregate financing, a broad measure of credit, increased ¥2.03 trillion ($300 billion), according to Bloomberg calculations based on data ...

The push comes amid RBI measures to incentivise foreign currency inflows, including swap facilities and hedging cost support for FCNR(B) de...

The Reserve Bank of India has released a draft framework for bank control and assurance functions. This aims to simplify rules and boost go...

New rules in Thailand now limit power bank sizes and ban them from checked luggage. Passengers can carry power banks up to 100Wh in hand lu...

Edelweiss Asset Reconstruction Company is thrilled to announce Arun Mehta's appointment as CEO, following an extensive search process by Ko...