New RBI rules demanding 100% collateral for bank guarantees from July 1 are set to significantly impact proprietary trading desks. These fi...

The Enforcement Directorate has seized over Rs 58 crore in assets belonging to Ritu Singal, wife of former Bhushan Steel promoter Neeraj Si...

Insolvency proceedings against Chintamani's Jewellery Arcade have been revived by the NCLAT after Axis Bank filed a restoration application...

Corporate sector borrowing from banks is accelerating past individual loans, driven by companies seeking cost savings as corporate bond yie...

The announcements span SBI's YONO platform, introducing new customer journeys, AI-driven capabilities and industry-first features that simp...

At the end of the day, both private and PSU banks are equally impacted by what goes on in the economy. If they are behaving differently in ...

"Banks had claims attached to the personal guarantees issued by the Essar promoters which was linked to the Essar Steel resolution. AM/NS' ...

India's banking sector is set for a major overhaul with the RBI's new acquisition finance framework, effective today. This move integrates ...

HDFC Bank is set to appoint Jigar Shah as its new General Counsel, bringing over three decades of legal and compliance expertise from the f...

The European Securities and Markets Authority has granted essential recognition to India's Clearing Corporation, putting an end to a prolon...

Bank of Baroda has joined forces with Japan's Mizuho Bank to boost their capabilities in mergers and acquisitions financing. This collabora...

Kotak Mahindra Bank is acquiring Deutsche Bank's retail, affluent private banking, and wealth management operations in India. This strategi...

India's central bank has identified soaring AI stock valuations globally as a financial stability risk, warning of potential market spillov...

Singapore's largest bank, DBS Group, has successfully completed a groundbreaking synthetic securitisation deal involving a $1 billion corpo...

India's banking sector is experiencing significant leadership shifts, with multiple CFOs and senior executives departing private banks and ...

India's leading retail broker, Zerodha, is making a significant move into investment banking. The company has applied to Sebi for a merchan...

India is planning a high-frequency index to track its vast informal economy, covering millions of unincorporated companies. The proposed Mo...