BigBasket founder's exit; Pocket FM’s reverse flipAmazon veteran Amit Nanda, currently director of selling partner services, now takes over as CEO.
HDFC Bank board to review findings on Atanu Chakraborty's exit on June 18HDFC Bank's board meets June 18 to review legal findings on Atanu Chakraborty's concerns. Preliminary reports suggest no governance issues....
Sebi plans buyback via SEs again, easier MF borrowing rulesSebi is set to overhaul buyback rules, potentially reintroducing stock exchange routes and easing merchant banker requirements. Mutual fund...
No merit in issues flagged by ex-chair of HDFC Bank: Law firmsThe reviews were prompted by former Chairman Atanu Chakraborty's dramatic March 18 resignation, a decision he had said in a letter to the e...
DBS optimistic about India’s long-term structural growth: Chief says country must invest in talent; focus on wealth spaceDBS Bank's CEO views India as a significant long-term growth opportunity. The nation can benefit from the AI-driven demand for hardware. Ho...
RBI imposes restrictions on Mogaveera Co-operative Bank for 6 monthsThe restrictions are effective from the closure of business hours on Friday for a period of six months and are subject to review, the Reser...
Tata Sons board meets to approve FY26 accountsThe Board of Tata Sons convened to approve annual accounts and dividend for FY26. Key figures including Group Chairman N Chandrasekaran and...
RBI allows banks to lend directly to REITs & InvITs, caps applyThe Reserve Bank of India now permits banks to directly fund Real Estate Investment Trusts and Infrastructure Investment Trusts. Strict rul...
RBI proposes unified framework for banks' risk, compliance and audit functionsThe Reserve Bank of India has released a draft framework for bank control and assurance functions. This aims to simplify rules and boost go...
Is RBI replacing paper currency with plastic notes from June 30, 2026? Check detailsViral social media claims about the Reserve Bank of India replacing paper currency with plastic notes by June 30, 2026, are false. The Pres...
Zepto’s $1 billion IPO; Navi eyes fresh fundsHappy Tuesday! Quick commerce firm Zepto has filed updated draft papers for its $1 billion public offering. This and more in today’s ETtech...
RBI widens direct equity access for overseas investors, doubles investment limits under PISThe RBI has doubled investment limits for overseas individual investors under the Portfolio Investment Scheme and extended direct equity ac...
RBI governor says no plans to ease net open position restrictionsThe Reserve Bank of India will maintain its restriction on banks' net open positions. Governor Sanjay Malhotra confirmed no plans exist to ...
RBI expects healthy foreign capital inflows, better balance of payments after easing measuresThe RBI is introducing new measures to attract foreign investment. These steps aim to boost capital inflows and improve India's balance of ...
RBI raises investment limits for NRIs, OCIs; Extends equity route to overseas individualsThe Reserve Bank of India has increased investment limits for Non-Resident Indians and Overseas Citizens of India in stock market equity in...
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...
India tightens checks on overseas flows as currency pressure mounts, sources sayIndia's central bank and markets regulator are intensifying scrutiny on overseas investments by firms and family offices, issuing multiple ...