Exclusive

Publication

Byline

Delhi High Court upholds BharatPe's veto rights in Unity SFB capital raise dispute

New Delhi, Nov. 6 -- In a major legal victory for BharatPe, a division bench of the Delhi High Court on Thursday upheld the fintech firm's shareholder and veto rights, ruling that Unity Small Finance ... Read More


LIC seeks alignment with global standards, EoM glide path in feedback to Irdai's distribution proposals

Mumbai, Nov. 5 -- Life Insurance Corp. of India (LIC) has asked the insurance regulator to align proposed limits on distribution costs and overall expenses with global practice and to give insurers mo... Read More


Equitas stock tanks 20% after Vasudevan quits

Mumbai, Oct. 30 -- Shares of Equitas Small Finance Bank crashed 20% on Thursday, after managing director and chief executive officer PN Vasudevan resigned citing "overhang" of potential conflict of in... Read More


Equitas stock tanks 20% after Vasudevan quits

Mumbai, Oct. 30 -- Shares of Equitas Small Finance Bank crashed 20% on Thursday, after managing director and chief executive officer PN Vasudevan resigned citing "overhang" of potential conflict of in... Read More


Equitas MD quits citing overhang from daughter's business, shares crash

Mumbai, Oct. 29 -- Shares of Equitas Small Finance Bank crashed 20% on Thursday, after managing director and chief executive officer PN Vasudevan resigned citing "overhang" of potential conflict of in... Read More


RBI rolls out tighter capital adequacy norms for banks from April 2027 to align with global standards

Mumbai, Oct. 23 -- The Reserve Bank of India on Friday revised its capital adequacy framework to align with global Basel Committee on Banking Supervision (BCBS) standards, aimed at safeguarding banks ... Read More


Bajaj General Insurance appoints former Manappuram head Deepak Reddy as CEO-designate

Mumbai, Oct. 23 -- Bajaj General Insurance on Friday approved the appointment of Deepak Reddy as chief executive officer-designate of the company, effective 1 January 2027. The former chief executive ... Read More


South Indian Bank MD Pai looks at strong culture, gold loan prowess to drive growth

New Delhi, Oct. 20 -- South Indian Bank Ltd's new chief executive, Mahesh Muralidhar Pai, plans to build on two of the bank's biggest strengths: its tight-knit culture and its strong position in gold ... Read More


Axis Bank's rising costs, FCNR inflows squeeze Q2 margins

MUMBAI, Oct. 17 -- Higher operating expenses and a squeeze on margins tempered Axis Bank's earnings in the September quarter (Q2FY27), offsetting the benefit of lower provisions and steady growth in n... Read More


RBI approves merger of Emirates NBD's India branches with RBL Bank from 1 December

MUMBAI, Oct. 16 -- The Reserve Bank of India (RBI) has approved the merger of Emirates NBD Bank P.J.S.C.'s Indian branches with RBL Bank, effective 1 December, consolidating the two banks' Indian oper... Read More