Banks cannot disable borrower mobile phones and laptops for loan recovery. This new rule applies unless the devices themselves were finance...

In a bold move, Bharti Airtel is set to increase its data centre capacity to one gigawatt while also expanding its fibre network across key...

Salaried individuals can still reduce their tax liability under the new tax regime for FY 2025-26. Key deductions include employer contribu...

How does the world’s most careful investor buy a company with no due diligence at all? One of Warren Buffett’s acquisitions began with an a...

The commerce ministry questioned the smartphone PLI scheme's success for an extension. Industry data showed production more than doubling a...

If the lender bank decides to deploy any technology-based mechanism for restricting or disabling the functionalities of a mobile device of ...

The Reserve Bank of India is proposing to allow lenders to disable certain mobile phone functions for loan defaulters, specifically for dev...

Punjab National Bank (PNB) has urged select account holders to update their "Know Your Customer" (KYC) information, in accordance with RBI ...

Kotak Mahindra Bank's shares surged 2.5% after the RBI lifted restrictions on new credit cards and online account openings. Brokerages reac...

Mobile phone retailers are calling for an end to financing schemes after reporting 10-12 per cent fraudulent purchases. They are advocating...

The Reserve Bank of India's increased scrutiny on Kotak Mahindra Bank has resulted in a temporary halt on acquiring new customers through o...

Google has revised its Play Store policies support page regarding Android financial service apps. Applications for personal loans won't be ...

Already in its pilot phase, the SmartHub Vyapar programme for merchants will be launched soon. It is an app that bundles all payment platfo...

The bonds have been placed on a private placement basis, the company said in a regulatory filing to stock exchanges on Monday.

“It’s a wait-and-watch mode; some states and large cities have announced night curfews, and are restricting movement of people. That is lik...

The Mumbai-headquartered lender said it would extend one month gross salary in form of an interest free loan, not exceeding Rs 1 lakh, to a...

The asset quality of non banking finance companies may deteriorate due to revised provisioning norms, according to a report by global ratin...