IDBI, poster boy for more privatisationIDBI Bank has been sold to Fairfax, resulting in a significant shift from government control to private ownership. This sale follows a long...
15 Oct, 2026, 12.07 AM IST
Bank of America consumer retail M&A banker Peacock to leave, sources sayRichard Peacock, a veteran banker in consumer and retail M&A, is leaving Bank of America. He has been with the bank for over a decade. Earl...
14 Oct, 2026, 10.20 PM IST
Modi govt’s 13 strategic disinvestments in 10 yearsThe Modi government is set to sell a 60.72% stake in IDBI Bank for ₹52,878 crore. This sale will surpass previous disinvestment efforts, ma...
14 Oct, 2026, 08.54 PM IST
IDBI Bank strategic restructuring to attract FDI, boost banking sector, says FM SitharamanThe Cabinet Committee on Economic Affairs approved the strategic restructuring of IDBI Bank to attract foreign investments. The government ...
14 Oct, 2026, 06.24 PM IST
World Bank helps mobilise $36 billion in private capital to support job creation in India since FY22Private capital mobilisation by the World Bank Group has grown nearly five-fold in four years, rising from approximately USD 3 billion in F...
14 Oct, 2026, 05.57 PM IST
India needs Rs 15 lakh crore to add 91 GW nuclear capacity by 2047: CEA chiefIndia needs to invest Rs 15 lakh crore to enhance its nuclear capacity to 91 GW by 2047. The Central Electricity Authority Chairman stated ...
14 Oct, 2026, 01.12 PM IST
Nexedge Capital appoints former Avendus Wealth CEO Apurva Sahijwani as co-founderNexedge Capital has appointed Apurva Sahijwani, previously with Avendus Wealth Management, as co-founder to strengthen its leadership. It a...
14 Oct, 2026, 11.17 AM IST
These 7 private and public banking stocks have an upside of up to 25% in one year, according to analystsThanks to the US-Iran conflict, the economy has been dealing with higher oil prices for close to seven months. And if inflation starts to c...
14 Oct, 2026, 05.41 AM IST
RBI to continue efforts to curb rupee volatility; external factors driving currency fall: FMFinance Minister Nirmala Sitharaman mentioned the Reserve Bank of India’s ongoing efforts to stabilize the rupee's value. She noted that th...
13 Oct, 2026, 04.31 PM IST
FM holds talks with global financial leaders in Singapore, pitches for boosting investment in IndiaFinance Minister Nirmala Sitharaman held meetings with global financial leaders in Singapore to encourage investments. Discussions included...
11 Oct, 2026, 10.57 PM IST
Indian private sector to bolster nuclear energy capacity by 2047: Atomic Energy Commission ChiefIndia's Atomic Energy Commission Chairman A K Mohanty announced potential private sector contributions to nuclear power capacity. The count...
11 Oct, 2026, 12.57 PM IST
Anup Bagchi set to become India's highest-paid bank CEO, may earn Rs 35.9 crore a yearHDFC Bank has proposed a substantial annual remuneration package of ₹35.9 crore for Anup Bagchi, subject to shareholder approval. This pack...
09 Oct, 2026, 05.57 AM IST
Highest senior citizen FD interest rates after RBI repo rate hike: Public vs private vs small finance bank rates of 3 and 5-year fixed depositsThe Reserve Bank of India raised the repo rate to 5.50% in its recent Monetary Policy Committee meeting. Subsequently, banks are likely to ...
08 Oct, 2026, 05.15 PM IST
At Rs 35.9 crore, HDFC Bank's incoming boss Anup Bagchi set to be India's highest-paid bank CEOHDFC Bank has proposed an annual compensation package of up to Rs 35.90 crore for Anup Bagchi. This remuneration could increase to Rs 43.24...
08 Oct, 2026, 01.16 PM IST
HDFC Capital, Godwitt Group to develop 100,000-bed workforce housing platformHDFC Capital and Godwitt Group have partnered to create a workforce housing platform across India. This platform will develop and manage ov...
08 Oct, 2026, 12.37 PM IST
Lowest home loan interest rates after RBI repo rate hike: Check EMI on above Rs 30 lakh to 75 lakh loans at public & private banks, HFCsIn a recent move, the Reserve Bank of India has lifted the repo rate to 5.50% from 5.25%, impacting the landscape of home loan interest rat...
08 Oct, 2026, 09.44 AM IST
Finmin asks pvt banks to increase participation in govt's financial inclusion schemesThe Finance Ministry on Tuesday asked private sector banks to step up participation in financial inclusion schemes, including PMMY and Stan...
06 Oct, 2026, 06.48 PM IST