SMBC Bank, Oaktree submit EoIs for IDBI’s strategic stake sale
Sumitomo Mitsui Banking Corporation Group (SMBC Bank) of Japan and Oaktree Capital Management are among those that have submitted expressions...
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BFSI
Piramal Finance aims at ‘Budget Bharat’ to expand
One year after the integration with DHFL, Piramal Capital & Housing Finance (PCHF) is repositioning itself as a lender for...
Read moreIndian banks gave highest returns in Asia Pacific region: S&P Global
The stocks of two Indian banks - the Punjab & Sind Bank and the Jammu and Kashmir Bank Ltd -...
Read moreNon-bank arms mooted to tackle RBI-ESMA rift
Amid the standoff between the Reserve Bank of India (RBI) and the European Securities and Markets Authority (ESMA), the former...
Read moreGross direct tax revenue jumps 24.58 pc to Rs 14.71 lakh crore for FY23
India's gross direct tax collections rose 24.58% to 14.71 lakh crore till January 10 this fiscal, buoyed by an upsurge...
Read moreCabinet approves promotional incentives worth Rs 2,600 crore for Rupay debit cards, low value UPI transactions
The Union Cabinet on Wednesday approved promotional incentives for Rupay debit cards and low-value transactions of BHIM (UPI). Incentives worth...
Read moreGovernment likely to get financial bids for IDBI Bank sale by September, DIPAM Secy says
Financial bids for IDBI Bank's strategic sale is expected to be received by the government in September, said DIPAM Secretary...
Read moreRBI says 10 NBFCs surrender registration certificates
The Reserve Bank of India on Wednesday said 10 NBFCs and one asset reconstruction company have surrendered their registration certificates....
Read moreAxis Bank enters into revised pact with Max Financial Services for acquiring additional 7% stake in Max Life
Axis Bank on Tuesday said it has entered into a revised agreement with Max Financial Services to acquire an additional...
Read moreSale of health insurance policies rising in rural areas: Report
Rising cost of healthcare services, demand from the micro-insurance segment and post-Covid awareness is pushing sale of health insurance policies...
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