Muthoot Finance's chairman dies after falling from 4th floor

Mathai George George Muthoot joined the family business as an office assistant and in 1979 he became the managing director and group chairman in February 1993. M G George Muthoot, largely credited......

RBI rejects Muthoot Finance's plan to buy IDBI AMC

IDBI Bank had to sell its MF arm after being acquired by state-owned insurance behemoth Life Insurance Corporation since LIC already had an AMC. The Reserve Bank of India (RBI) has rejected......

15 large NBFCs to comply with enhanced regulatory norms: RBI

Reserve Bank of India on Thursday said 15 large NBFCs, including LIC Housing Finance, Bajaj Finance, Shriram Finance and Tata Sons, will be subject to enhanced regulatory requirements. Photograph:......

Rs 32,619 cr and rising: India Inc back with overseas bonds in 2024

Overseas fundraising by Indian firms is experiencing a robust revival in 2024, following a lacklustre 2023. Illustration: Dominic Xavier/Rediff.com This resurgence is primarily driven by strong......