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RBI RULES ON BANK SHAREHOLDING
Tata Trusts vice chairmen Vijay Singh, Venu Srinivasan inform trustees in letter they weren’t consulted on Tata Sons reorganisationA fresh rift has emerged within Tata Trusts over Tata Sons’ proposed reorganisation, with Sir Dorabji Tata Trust vice chairmen Venu Sriniva...
RBI eases bank stake rules, allows one-time approval for MFs, insurers for holdings up to 10%The Reserve Bank of India (RBI) on Thursday finalised its July proposal to simplify bank shareholding rules, allowing eligible mutual funds...
HDFC's new CEO: Who is Anup Bagchi? The ICICI veteran set to take charge at India's largest private lenderAnup Bagchi has been appointed managing director and CEO of HDFC Bank, effective October 27, 2026. He transitions back to banking after a t...
Saturday bank holiday: Has government declared all Saturdays as holidays for SBI and other public sector banks? PIB says thisA fraudulent gazette notification has been making the rounds, erroneously stating that every Saturday has been declared a public holiday fo...
Who is Anup Kumar Saha, Kotak Mahindra Bank’s new CEO?Anup Kumar Saha has been appointed as the next Managing Director and CEO of Kotak Mahindra Bank. His term will commence on January 1, 2027,...
Kotak Mahindra Bank gets RBI nod to appoint Anup Saha as MD & CEOAnup Kumar Saha has been appointed by the Reserve Bank of India as managing director and CEO of Kotak Mahindra Bank. His three-year term wi...
Transport Corp announces key details for Rs 150 crore share buyback planTransport Corporation of India will buy back up to 15.63 lakh shares for Rs 150 crore at Rs 960 each. The tender offer has October 9, 2026 ...
New rules from October 2026: SBI ATM transactions, UPI MDR, bulk FD rates, NPS and LPG subsidy changes
FD interest rate rules change from October 1: What depositors need to know
ET Exclusive: Venu Srinivasan seeks probe into Tata Trusts over alleged governance lapsesVenu Srinivasan, trustee of Sir Dorabji Tata Trust and Sir Ratan Tata Trust, has sought an immediate inquiry into SDTT’s governance, allegi...
Tata Sons shake-up could hit Tata Group credit ratings, S&P warnsS&P Global Ratings has indicated that upcoming changes within the Tata Group may affect credit quality. The agency pointed out that leaders...
Noel Tata says Tata Sons' proposed restructuring complies with RBI rules, could avoid listingTata Trusts, led by Noel Tata, has proposed merging two companies with Tata Sons to prevent a public listing. This restructuring aims to ad...
5 rule changes from October 1: SBI ATM charges, MDR on UPI, bulk FD rates, KYC for LPG subsidy and moreIn October 2026, significant changes to banking and finance regulations will take effect, impacting numerous services. Furthermore, the Res...
ET EXPLAINER: How RBI’s new valuation rules change the way banks view REITs, InvITsThe Reserve Bank of India has amended the valuation framework for Real Estate Investment Trusts and Infrastructure Investment Trusts. These...
Holding companies, NBFCs rejig assets, income to escape RBI scrutinyGroups are restructuring NBFC and holding-company balance sheets to stay outside RBI’s regulatory definitions and avoid registration and co...
SC clears forensic audit of Fortis-IHH deal involving erstwhile Religare promoters Singh brothersThe Supreme Court has cleared the way for a Delhi High Court-appointed forensic auditor to examine transactions involving Fortis Healthcare...
FD interest rate rules to change from October 1, 2026: Uniform interest rates on bulk deposits, daily rate updates and more that depositors need to knowEffective from October 1, 2026, the Reserve Bank of India will implement new rules concerning bulk fixed deposits. Every bank will be manda...
- Lesson from HDFC Bank controversy: Boards of companies should not conduct business in haste
Directors are custodians of various interests - shareholders, customers, the state, regulators, industry, employees.... They often encounte...
Microsoft to keep shareholder proposal rights through 2027, even as SEC reduces oversightUnder an agreement with conservative activist Paul Chesser, seen by Reuters, Microsoft will continue to apply existing thresholds for inves...
RBI amends valuation rules for InvIT, REIT units held by all-India financial institutionsThe RBI has amended valuation norms for InvIT and REIT units held by all-India financial institutions, introducing separate provisions for ...