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M2P Fintech and Bureau Forge Alliance to Combat Rising Fraud Cases
Due to the notable increase in fraudulent activity occurring within the banking system, M2P Fintech and Bureau have partnered to put strong fraud protection mechanisms
Indian Banks ask RBI to Ease Liquidity Rules to Boost Lending
In an effort to increase lending, Indian banks are pleading with the Reserve Bank of India (RBI) to loosen the present liquidity coverage ratio (LCR)
Finance Minister Sitharaman: IBC Rescues Over 3,000 Distressed Companies in Eight Years
Since its establishment eight years ago, the Insolvency and Bankruptcy Code (IBC) has effectively saved 3,171 troubled enterprises and permitted the closure of unviable firms,
RBI Restricts Edelweiss Group Businesses Over Regulatory Concerns
Two businesses in the Edelweiss Group, Edelweiss Asset Reconstruction Company Limited (EARCL) and ECL Finance Ltd. (ECL), are subject to major business limitations from the
Modenik Appoints Former P&G India CEO LV Vaidyanathan as Executive Chairman
The Advent International-backed innerwear and lifestyle firm Modenik Lifestyle Pvt Ltd has announced the appointment of LV Vaidyanathan as its new executive chairman, marking a
P&G Hygiene Selected New Chief Financial Officer Mrinalini Srinivasan
A well-known Indian consumer products firm with well-known brands like Vicks and Whisper, Procter & Gamble Hygiene and Health Care (P&G HH), has announced the
European Banks Seek RBI Nod for Innovative Clearing Model in Indian Market
The Reserve Bank of India (RBI), the central bank of India, is being approached by a consortium of four prominent European banks for approval of
SBI Refusal to Disclose Electoral Bond SOPs: Implications and Controversy
The State Bank of India (SBI) has declined to disclose the standard operating procedures (SOPs) for electoral bonds, sparking controversy and raising concerns about transparency
Hindujas Acquisition of Reliance Capital Faces Financing Hurdle
Introduction to the Acquisition Deal The Hinduja Group’s acquisition of Reliance Capital has encountered a significant financial obstacle. IndusInd International Holdings Ltd (IIHL), the holding
Foreign Investors’ Trading Activity: Key Driver in Holiday-Shortened Week
Overview of Market Dynamics In the upcoming holiday-shortened week, the Indian equity markets will be significantly influenced by the trading activities of foreign investors, global