Jana Small Finance Bank is raising Rs 728 crore by selling equity shares, with Shruti Lohia's firm set to acquire around 4% and TVS Venu Gr...

SIS Ltd targets Rs 20,000 crore revenue by FY27. The security and facility management firm anticipates strong growth fueled by network expa...

India’s gold imports in April are set to fall to around 15 metric tons, a near 30-year low, as banks halted shipments following a 3% IGST d...

West Bengal Elections phase 2 voting: West Bengal is going to the polls today, April 29, 2026, for the second phase. As many as 142 constit...

Venture capital firm Peak XV Partners has exited Indian fintech One MobiKwik Systems. The firm sold its stake for over Rs 130 crore. This e...

MobiKwik Systems shares surged on Tuesday. The Reserve Bank of India approved its application for a Non-Banking Financial Company license. ...

Fintech firm MobiKwik has secured a crucial Reserve Bank of India approval for a non-banking financial company license. This paves the way ...

Indian markets faced pressure extending a corrective phase. Key companies like RIL, IDFC First Bank, and Paytm reported their financial res...

India's banking sector concluded FY26 strongly, with credit growth hitting 16.1% and deposits surging 13.5%. Banks aggressively mobilized f...

Migrant workers are again facing hardship. Protests erupt over low wages and poor conditions. Government policies lag behind rising costs. ...

Reserve Bank of India is proposing a new rule for identifying top NBFCs. A simple asset size of Rs 1 lakh crore will now determine classifi...

Analysts say NBFCs face their own challenges in terms of the rising cost of funds and higher capital requirements and a bank licence is not...

The non-banking company is in the business of foreign exchange, outward remittance, money transfer, gold loan, insurance and share trading.

The FM said the government had written to the central bank to finalise licence guidelines and start receiving applications.

The Reserve Bank on Tuesday said the uncertainty over issuing guidelines for new bank licences is likely to continue for some more time as ...

Some of India’s biggest business houses such as the Tatas, the Aditya Birla group, the Mahindras, L&T and Religare are bringing on board ve...

Taking the process of issuing new private bank licences forward, the Reserve Bank today met stakeholders, including industry body CII, whic...