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Why CDSCO and BEE have not kept pace with the industries they overseeCDSCO still faces challenges like chronic understaffing, gaps in technical skills, weak lab infra and fragmented approvals. About a decade ...
NSE IPO to value exchange at Rs 5 lakh crore? 2 scenarios every investor should watchNSE's proposed IPO could value the exchange at around Rs 5 lakh crore, making it one of India's most valuable listed financial institutions...
RBI finalises NBFC-UL norm that may see Tata Sons listIndia's central bank has redefined systemically important NBFCs, setting a new asset threshold of ₹1 lakh crore for upper-layer companies. ...
Emirates NBD completes acquisition of RBL BankThe investment was completed through a preferential allotment of 929.1 million fully paid-up equity shares of RBL Bank at Rs 280 per share,...
RBI clears three-month extension for HDFC Bank interim chairman Keki MistryThe Reserve Bank of India has granted a three-month extension for Keki Mistry as interim Part-time Chairman of HDFC Bank. This allows the b...
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....
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...
Kerala's liabilities top Rs 5 lakh crore; pending dues near Rs 49,000 croreKerala faces a severe fiscal challenge. Total outstanding liabilities have surpassed Rs 5.07 lakh crore. Unpaid dues and deferred payments ...
IndusInd Bank faces fresh whistleblower allegationsThe new complaint alleges insider trading by Samir Agarwal, former zonal head of eastern India at IndusInd Bank, manipulation of financial ...
IndusInd Bank shares fall 3% after fresh whistleblower complaint reaches PMO, RBIIndusInd Bank shares fell on Wednesday after a fresh whistleblower complaint was sent to the Prime Minister’s Office, RBI, and other regula...
Central banks must maintain independence: ECB's LagardeMonetary institutions worldwide need to maintain their independence, European Central Bank president Christine Lagarde said Thursday. Incre...
HDFC Bank shares fall 2% on reports of internal probe over Rs 45 cr interest paymentsHDFC Bank shares fell after a report revealed an internal investigation into Rs 45 crore payments to Maharashtra State Road Development Cor...
New-age biz CEOs make presentations at Tata Sons board meetTata Sons board convened in Mumbai to assess new ventures. Leaders from Air India, Tata Digital, and Tata Electronics presented their progr...
Tata Sons board meet concludes in MumbaiTata Sons gathered its board in Mumbai for critical deliberations, although Chairman N Chandrasekaran chose not to address the press. Key d...
Tata Sons board to meet on Tuesday; discussions on loss-making cos likelyTata Sons board meets Tuesday. Discussions will focus on the group's loss-making companies. Reports indicate significant losses in unlisted...
RBI tightens norms for re-appointment of directors on UCB boardsThe Reserve Bank of India has introduced new rules for Urban Co-operative Banks. Directors can now serve for a maximum of ten years. Follow...
Central Bank of India to open 150 branches, recruit about 1,400 officers in FY27: MDCentral Bank of India is planning a major nationwide expansion with the opening of 150 new branches across India. To support its growth str...
Big banks urge RBI to rethink uniform forex exposure capIn recent interactions with RBI, officials of big state-owned and private sector banks have suggested a dynamic regulation on the unhedged ...
Sebi seeks to align securitisation framework with RBI regulationsSebi has proposed easing securitisation norms, including relaxing the 25% single borrower exposure cap, to align with RBI regulations for e...
Sebi proposes changes to SDI rules to facilitate growth in listed securitisation marketMarkets regulator Sebi on Monday proposed a series of changes to norms governing securitised debt instruments (SDIs), including allowing si...