Goldman Sachs, Morgan Stanley and others buy stake in Rs 1,960 crore Lenskart block dealADIA-backed Platinum Jasmine A 2018 Trust sold a 2.3% stake in Lenskart through a Rs 1,960 crore block deal. The transaction attracted stro...
11 Jun, 2026, 08.10 PM IST
Latest FCNR interest rates: HDFC Bank, SBI, ICICI Bank, PNB, Central Bank of India, BoB and moreSeveral Indian banks have updated their Foreign Currency Non-Resident Bank FCNR(B) interest rates. This comes after the government announce...
11 Jun, 2026, 09.55 AM IST
Lenskart Solutions sees Rs 1,862-crore block deal; ADIA likely sellerEyewear retailer Lenskart Solutions experienced a significant block deal valued at Rs 1,862 crore. Abu Dhabi Investment Authority, through ...
11 Jun, 2026, 09.26 AM IST
Contactless card payments on the rise as Indian shoppers swipe less, tap moreIndian shoppers are increasingly opting for contactless 'tap-and-pay' card transactions, with estimates suggesting they now account for up ...
11 Jun, 2026, 06.00 AM IST
RBI issues draft CCR framework aligned with global standardsThe Reserve Bank of India has released draft rules for banks. These rules cover how banks calculate risks from derivative deals. They also ...
11 Jun, 2026, 12.55 AM IST
ADIA to sell Rs 1,944 crore Lenskart stake days after SoftBank exitAbu Dhabi Investment Authority (ADIA) is set to divest up to 2.3% of its stake in eyewear retailer Lenskart for approximately Rs 1,944 cror...
10 Jun, 2026, 10.44 PM IST
Central Bank of India ordered to pay Rs 2.5 lakh compensation to customer for losing original property papersA consumer commission held the Central Bank of India liable for losing a land title deed deposited as collateral for an agricultural loan. ...
10 Jun, 2026, 02.23 PM IST
HDFC Bank raises MCLR by up to 10 bps across select tenorsFollowing the revision, the bank's MCLR, which is the lender's internal benchmark for pricing loans, stands in the range of 8.05% to 8.65%,...
10 Jun, 2026, 12.41 AM IST
Highest FD interest rates of 5 major banks: SBI, PNB, HDFC Bank, ICICI Bank and Bank of BarodaDespite the RBI maintaining the repo rate at 5.25%, major banks like SBI, HDFC, ICICI, PNB, and Bank of Baroda are offering competitive fix...
09 Jun, 2026, 06.17 PM IST
Deposits under RBI's latest foreign currency non-resident bank scheme will carry one-year lock-inThe Reserve Bank of India's new FCNR-B scheme offers a one-year lock-in for deposits and mandates non-cancellable swaps for banks. This ini...
09 Jun, 2026, 09.21 AM IST
Promoter entities sell Rs 153 crore worth shares in Motilal Oswal block deal; HDFC Life picks up stakeTwo promoter-group charitable entities of Motilal Oswal Financial Services sold shares worth about Rs 153 crore through block deals, with H...
08 Jun, 2026, 08.21 PM IST
HDFC Bank borrower alert: EMIs on these loans to cost more as bank raises lending rates by up to 10 bpsHDFC Bank has increased its Marginal Cost of Funds-based Lending Rates (MCLR) by up to 10 basis points, effective June 8, 2026. The revised...
08 Jun, 2026, 02.44 PM IST
After courts, RBI, independent reviewers clear HDFC Bank; persistence of crisis narrative raises questionsHDFC Bank is facing a barrage of governance allegations and panic. However, court relief and regulatory reassurances indicate no material a...
05 Jun, 2026, 09.42 AM IST
HDFC mutual fund places limits on Gold ETF investmentsHDFC Mutual Fund has placed restrictions on buying gold ETFs. This move affects large investors and limits monthly purchases for others. Th...
05 Jun, 2026, 06.15 AM IST
HDFC Mutual Fund restricts lumpsum subscriptions in its gold ETF and fund of fundHDFC Mutual Fund has temporarily restricted lumpsum investments in HDFC Gold ETF and HDFC Gold ETF Fund of Fund. The move limits large subs...
04 Jun, 2026, 05.35 PM IST
BharatPe Flex launched: Pay via UPI now, settle bills later with credit line and up to 45 days of interest-free usageBharatPe and YES Bank introduce BharatPe Flex, a new credit-on-UPI service. This facility allows eligible users to make UPI payments even w...
04 Jun, 2026, 05.28 PM IST
Banks are cutting credit card perks quietly; Learn how to get more value from your walletMany banks have recently reduced credit card rewards, cashback limits, and perks, prompting cardholders to reassess their spending strategi...
01 Jun, 2026, 06.30 AM IST