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RBI APPROVAL AREION ACQUISITION
PNB to foray in acquisition finance in third quarter: MD ChandraPunjab National Bank will begin acquisition finance in the third quarter of this fiscal year. The bank aims to mobilize USD 2.5 billion in ...21 Jul, 2026, 05.10 PM IST- RBI clears Areion's Rs 936-crore Aviom acquisitionThe Reserve Bank of India has approved Areion Group's acquisition of Aviom India Housing Finance. This approval clears a significant regula...21 Jul, 2026, 04.19 PM IST
- Judge orders Paramount to temporarily pause Warner Bros acquisitionCalifornia and eleven states secured a pause on Paramount's acquisition of Warner Bros. Discovery. They argued the massive media merger wou...20 Jul, 2026, 10.51 PM IST
- Natco Pharma shares surge 5% after US FDA's tentative nod Olaparib tabletsNatco Pharma shares rose sharply on Monday after the U.S. FDA granted tentative approval for its generic Olaparib tablets, a bioequivalent ...20 Jul, 2026, 10.05 AM IST
- Axis Bank weighs raising stake in its insurance venture to 30%In June 2026, Axis Bank announced a further investment of up to ?381 crore in Axis Max Life Insurance, taking the combined shareholding of ...20 Jul, 2026, 01.11 AM IST
- RBI asks banks to clear old trade and payment mismatchesThe RBI has asked banks to resolve long-pending mismatches between trade and payment records worth thousands of crores. Banks must verify d...20 Jul, 2026, 01.04 AM IST
- Fairfax picks up half of 3-year government bonds at auctionFairfax Financial Holdings likely purchased government bonds as a prelude to acquiring IDBI Bank. This marks the company's second significa...18 Jul, 2026, 09.59 AM IST
- Aurum PropTech to buy News Corp-backed Housing.com owner in Rs 458 cr share-swapAurum PropTech will acquire Housing. com from REA Group for Rs 458 crore. This significant consolidation move will create India's largest p...17 Jul, 2026, 12.18 AM IST
- RBI bars banks, NBFCs from selling acquired stressed assets back to defaulting borrowers, related partiesNew Reserve Bank of India norms will prevent lenders from reselling acquired assets to defaulting borrowers. These prudential rules apply t...16 Jul, 2026, 07.27 PM IST
- Cabinet approves ₹24,000-crore highway projects in Varanasi to ease congestionThe Union Cabinet approved highway projects exceeding ₹24,000 crore for Varanasi. These projects aim to significantly ease traffic congesti...16 Jul, 2026, 06.30 PM IST
- HCLTech acquires Guardian India Operations for $10.5 millionThe company also signed a fresh seven-year technology services agreement with the insurer. The acquisition is expected to close on August 1...16 Jul, 2026, 06.15 PM IST
- L&T Realty buys land in Central Delhi for Rs 200 croreL&T Realty Developers has acquired a 2.5-acre land parcel in central Delhi for nearly ₹200 crore. The developer plans to construct a boutiq...16 Jul, 2026, 09.03 AM IST
- RBI pushes banks, NBFCs to own data risks across third partiesThe RBI has sought comments from the public by August 17 on its draft proposals titled 'Guidance on Regulatory Expectations for Data Govern...16 Jul, 2026, 01.05 AM IST
- IDBI Bank shares jump 3% as Fairfax set to make biggest foreign investment in Indian lender, buy stake worth Rs 53,000 crFairfax Holdings has been finalized for the IDBI Bank stake sale. This significant deal is expected to be worth approximately Rs 53,000 cro...15 Jul, 2026, 10.20 AM IST
- RBI tightens governance framework, redefines bank board responsibilitiesThe RBI has revised bank board governance norms, effective October 1. Boards will now focus on strategy and risk oversight, delegating oper...15 Jul, 2026, 05.57 AM IST
- RBI proposes easing rules for mutual funds, insurers to acquire higher stake in banksThe RBI has proposed one-time approval for mutual funds, insurers and pension funds to increase bank shareholding up to 10% without repeate...14 Jul, 2026, 07.33 PM IST
- Tata Capital to buy 88.6% in Yogloans, enters gold loan businessTata Capital’s Yogloans buyout gives it an instant gold-loan platform, adding a high-yield secured product to its retail lending portfolio....13 Jul, 2026, 11.15 AM IST
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