Assembly elections in Tamil Nadu are centred on chief ministerial candidates of rival parties. When Sasikala cannot contest even a panchayat election for six years after her release, even if she......
Kotak Mahindra Bank’s loan and deposit growth are likely to be affected after the Reserve Bank of India (RBI) asked the private-sector lender not to take on board new customers through the......
Banks are preferring instruments with higher premium over government securities for their held-till-maturity (HTM) portfolio, following the new investment norms, which came into effect from April......
It is 10 years since Bandhan Financial Services became the first microfinance institution (MFI) to receive the universal bank licence. Photograph: Rupak De Chowdhuri/Reuters A year later, in......
The Directorate of Enforcement (ED) has launched a preliminary investigation or a pre-open inquiry into alleged violations related to the Foreign Exchange Management Act (Fema) in the Paytm......
Following the Reserve Bank of India’s (RBI’s) action against Paytm Payments Bank, participants in the fintech ecosystem have turned their attention to giving priority to compliance with......