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FINANCIAL SECTOR ENTITIES
Bankers' Books Evidence Act to come into force from October 1The Bankers' Books Evidence Act, 2026 will become effective from October 1. This new law modernizes the use of banking records as evidence ...
GFF 2026: Digital finance has scaled, now trust and resilience must catch up, says RBI’s Deputy Governor MurmuIndia's digital finance sector now prioritizes trust and resilience over access. Technology transforms finance, but trust remains the essen...
Decathlon India’s B2B business grows 20-fold in five years, now contributes 10% of overall businessOver the past five years, Decathlon India's wholesale venture has experienced explosive growth, increasing twentyfold and now representing ...
Global Market: Hong Kong draws professionals back as IPO boom revives financial hubHong Kong is seeing finance professionals return as a strong IPO market, rising corporate investment and deeper China links revive its appe...
CBI searches 12 locations in Bengaluru, Mumbai, Pune over builder-financial institution nexusThe CBI has registered five new criminal cases against builders and financial institutions. These cases stem from alleged links that defrau...
GFF 2026: India's fintech transformation a result of innovation, inclusion & trust coming together, says RBI's Sanjay MalhotraMalhotra said fintech’s potential could translate into meaningful impact only when innovation reached people who were not already well serv...
HDFC Bank says all seven Bahrain claims over Credit Suisse AT1 bonds rejectedHDFC Bank has won all seven Bahrain cases filed by Credit Suisse AT1 bond investors, who accused the lender of mis-selling the risky securi...
FATF issues global alert on money laundering and fraud risks in gaming, gambling; publishes new risk indicatorsThe FATF is alerting countries about criminal abuse in gaming and gambling sectors. Criminals use gambling platforms for money laundering a...
Mumbai set to hold 68% of India's data centre capacity by 2030Mumbai's data centre capacity will reach sixty-eight percent by 2030. This expansion reflects sustained demand from financial institutions ...
US targets Iran’s aviation sector with sanctions on 27 airlines and foreign firmsThe US Treasury sanctioned 27 Iranian airlines and related foreign firms to curb weapons transport and technology access. Meanwhile, Irania...
UK publishes legislation for tougher sanctions on Iran over nuclear programmeBritain has published new legislation imposing tougher sanctions on Iran. These measures will restrict Iran's access to the British financi...
IFCI shares slide 7% after stellar 30% monthly surge amid NSE IPO buzzIFCI shares fell 7% after a sharp recent rally, after the stock rallied nearly 30% in a month amid Sebi’s approval of the NSE IPO. IFCI has...
Can Kanohar Electricals IPO deliver long-term growth for high-risk investors?Kanohar Electricals plans a ₹300 crore IPO to boost transformer manufacturing capacity. The company's promoter stake will significantly dec...
Funding skew deepens in microfinanceLarge microfinance companies received 98.1% of sector funding in Q1. This funding concentration reflects financiers playing safer during un...
Satellite imaging startup Pixxel bags $100 million from Temasek, othersPixxel has raised $100 million in the largest funding round in India’s spacetech sector, co-led by Temasek and Seraphim. The latest round t...
AIFs seek status quo as 'foreign control' rules go for a recastLocal alternative investment funds have warned regulators about proposed changes. These changes could significantly impact capital inflows ...
Govt stalls Alipay+ tie-up over data security concernsAlipay+'s proposal to link with India's payment system faces national security concerns. Concerns also exist regarding the storage and use ...
PFRDA proposes 10 key changes to PoP rules: What NPS subscribers need to knowThe PFRDA has unveiled ten significant proposals aimed at reforming its Points of Presence rules to enhance the pension service landscape. ...
Liquidity management, asset quality among pillars for NBFC growth: RBI DGRBI deputy governor Murmu highlighted five key areas for NBFCs and HFCs. These companies must focus on governance and liquidity management ...
India stalls Alipay+ payments link over security, data concerns, sources sayIndia has stalled Alipay+'s proposal to link with its instant payments system. National security concerns and data usage questions are the ...