Banking & Finance

Mehta hopes RBI continues to support growth impulses in the economy The Reserve Bank of India has maintained consistency in the policy statement made on 5 Aug 2022 by focusing on withdrawal of accommodation to contain inflation. The RBI has...

IFSCA exchanges MoUs with Singapore, Luxembourg, Qatar and Sweden Prime Minister Narendra Modi has launched NSE IFSC-SGX Connect, allowing all orders for NIFTY derivatives placed by members of Singapore Exchange Limited (SGX) to be routed to and matched on the...

Jalan believes India’s banking sector is at an inflection point Boston-headquartered Advent International has agreed to acquire up to a 10% per cent equity stake in YES BANK, its first investment in Indian banking sector. The Advent stake is part...

Fintech sector is nudged by the government and accepted by the people, says Choudhary The Indian Fintech sector is expected to grow with a cumulative annual growth rate of around 22% over the next five years, and is rated as...

Tata-SIA JV focused on growing footprint in India and globally, says Maru Standard Chartered has successfully closed the debt financing of one new Airbus A320neo aircraft with Vistara, a joint venture between the Tata group and Singapore Airlines (SIA) which...

Mathur wants to create new products that will change the lives of millions of businesses and consumers Bengaluru’s Razorpay, with US$741.5 million funding backed by investors, said one of the first full-stack financial solutions companies has received an in-principle approval...

Das assures loan facilities for small enterprises The Indian Renewable Energy Development Agency Limited (IREDA) is committed to increasing participation of Micro, Small & Medium Enterprises (MSMEs) in Renewable Sector by offering loan facilities. This assurance was given by IREDA...

Pandey to offer businesses simple and secure way to manage payments Bengaluru-based CARD91, which has offices in Mumbai and Delhi poised to become a major player in the global payment infrastructure market, has announced a strategic partnership with YES BANK...

The credit card space is seeing robust growth, says Joshi DBS Bank India announced the launch of its first-ever credit card in India in partnership with Bajaj Finance Limited, co-branded as ‘Bajaj Finserv DBS Bank SuperCard’, powered by Visa. Designed...

Forbes EMF among funds indicating interests in Warrant issues Eros International Media Limited (EIML), majority-owned subsidiary of Eros Media World PLC (NYSE: ESGC), plans to raise up to US$54 million of equity capital via a public issuance of Convertible Warrants...