'Our partnership with BharatPe is firm and good'

'Banking is a business of trust.' Illustration: Dominic Xavier/Rediff.com Ashneer Grover, co-founder and managing director of fintech BharatPe, valued at least $3 billion, has taken voluntary......

Takeover process of PMC Bank complete

Crisis-hit Punjab and Maharashtra Cooperative (PMC) Bank's takeover by the Unity Small Finance Bank (USFBL) came into effect on Tuesday, with the government notifying the scheme of amalgamation.......

Mkt falls for 5th day: Investors poorer by over Rs 19.50 lakh cr

Investors have become poorer by a massive Rs 19,50,288.05 crore as equity market sell-offs continued for the fifth day in a row on Monday. The BSE Sensex plunged 1,545.67 points or 2.62 per cent......

Restrictions on PMC Bank extended for 3 months till March 2022

The restrictions on Punjab and Maharashtra Cooperative (PMC) Bank has been extended for another three months till the end of March next year. Reserve Bank of India (RBI) has extended the......