Fairfax Financial Holdings’ $5.6 billion acquisition of a controlling stake in IDBI Bank is significant not just for being the biggest fore...

In recent months, foreign investment in India’s financial sector has grown significantly, resulting in major acquisitions. Fairfax Financia...

Prem Watsa’s Fairfax Financial will acquire a 60.72% stake in IDBI Bank for Rs 52,878 crore, marking India’s largest cross-border banking d...

Japan’s Nikkei 225 fell as US technology stock losses and rising oil prices heightened inflation and interest rate concerns. Semiconductor ...

Yes Bank's reported profit for the September quarter could have turned into a loss due to the AT1 bond ruling. The bank's CET-1 ratio would...

Yes Bank reported a 65% year-on-year rise in second-quarter profit to Rs 1,080 crore, beating analyst estimates. However, the lender said i...

The Indian rupee strengthened 1.9% this week to close at 94.96 per dollar, its strongest weekly gain in seven months. Aggressive RBI measur...

YES Bank’s ₹8,415-crore AT1 bond write-off, carried out during its 2020 reconstruction, has returned to the spotlight after the Supreme Cou...

The Supreme Court confirmed the decision of the Bombay High Court regarding Yes Bank's AT1 bonds. This ruling impacts ₹8,415 crore in bonds...

Yes Bank is facing a significant reduction in its Common Equity Tier-1 capital buffer following a recent Supreme Court ruling. The court re...

Sonali Sharma has been appointed as managing director and head of legal at Barclays India. She previously served as head of legal and gener...

Analysts believe this acquisition holds considerable potential, greatly enhancing Fairfax's branch network and deposit portfolio in India, ...

Japan’s Nikkei rebounded 0.61% on Wednesday as chip-related stocks advanced, recovering from the previous session’s decline. Advantest, Tok...

Finance Minister Nirmala Sitharaman held meetings with global financial leaders in Singapore to encourage investments. Discussions included...

In a significant market shift, Japanese investors have divested from foreign debt for three consecutive weeks amidst climbing domestic yiel...

Sumitomo Corporation has acquired a 49% stake in a Hero Future Energies project vehicle that will develop a 500 MW wind-solar-battery proje...

Japan’s Nikkei rose 1.3% on Wednesday, led by AI and semiconductor stocks, while banking and shipping shares also advanced. SoftBank, Tokyo...