UBS weighs retaining Credit Suisse unit serving India’s rich
UBS Group AG is considering retaining Credit Suisse Group AG’s private banking unit in India after the emergency rescue of ...
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Tag: bfsi
Disguised payouts: Banks, insurers face GST notices
The goods and service tax (GST) authorities are set to issue show-cause notices to 29 insurance companies, a leading private ...
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Indian companies will face higher interest burden in FY24:India Ratings
Advantages to Indian companies due to lower interest rates and hence a reduction in debt are likely to be reversed ...
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JICA, Citi to provide USD 125 mn to Indusind Bank for onlending to agri sector
Japanese lender JICA has teamed up with Citibank to provide a USD 125 million funding line to domestic private sector ...
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Venlo launches UPI-powered app for cross-border payments
Venlo, a neo-banking platform, has launched a UPI-powered app to provide faster cross-border payment experience for users. The app enables ...
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RBI brings out norms for outsourcing of IT services
The Reserve Bank of India on Monday released master directions for the outsourcing of IT services by banks and non-banks ...
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Retail loan securitisation rises 56% to Rs 1.76 lakh cr in FY23
Retail loan securitisations jumped a robust 56 per cent to Rs 1.76 lakh crore in the just concluded fiscal 2023, ...
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CVC asks banks, govt depts to send factual report on corruption complaints in one month
The Central Vigilance Commission (CVC) has asked public sector banks, insurance companies and government departments to provide factual reports on ...
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SBI looks to raise up to $2 billion in FY24 via overseas bond sales
State Bank of India (SBI), the country's biggest government-owned entity by market capitalisation, Monday said it plans to garner up ...
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Arohan Financial Services raises Rs 730 crore in share sale to private equity investors
Microfinance company Arohan Financial Services has raised Rs 730 crore in a share sale to private equity investors in one ...
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