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SBI sees limited impact of Trump tariff, banks on early resolution

New Delhi, Aug. 8 -- India's largest lender State Bank of India (SBI) sees limited impact on its books from stiff US tariffs, as it hopes the issue gets resolved soon enough to rekindle capital expend... Read More


AU Small Finance is first in 10 years to get a bank licence

mumbai, Aug. 8 -- AU Small Finance Bank on Thursday won the Reserve Bank of India's 'in-principle' approval to upgrade to a universal bank, becoming the first lender to secure a full-fledged banking l... Read More


AU Small Finance Bank is first in 10 years to get banking licence

New Delhi, Aug. 7 -- AU Small Finance Bank on Thursday won the Reserve Bank of India's 'in-principle' approval to upgrade to a universal bank, becoming the first lender to secure a full-fledged bankin... Read More


India Inc's borrowings slowed, but overall financial flows to companies surged: RBI governor

New Delhi, Aug. 6 -- Although credit growth slowed in 2024-25, the broader flow of financial resources to the commercial sector has significantly improved, Reserve Bank of India governor Sanjay Malhot... Read More


Why Rajiv Anand might just be what the doctor ordered for IndusInd Bank

New Delhi, Aug. 5 -- Lamba socho (thing long-term). This is what senior banker Rajiv Anand offered as his advice to youngsters during a podcast. "Careers, lives are a marathon, not a hundred-meter das... Read More


Mint Explainer: What listing plans of India's oldest ARC say about the asset reconstruction business

New Delhi, Aug. 4 -- India's oldest asset reconstruction company (ARC) wants to go public. Asset Reconstruction Co. (India) Ltd (ARCIL) filed its draft prospectus on 1 August, with four of its shareho... Read More


Mint Explainer | What the listing plans of India's oldest bad bank say about the asset reconstruction industry

New Delhi, Aug. 4 -- India's oldest asset reconstruction company (ARC) wants to go public. Asset Reconstruction Co. (India) Ltd (ARCIL) filed its draft prospectus on 1 August, with four of its shareho... Read More


RBI caps investment by lenders in AIFs at 10% of fund corpus

Mumbai, July 30 -- The Reserve Bank of India (RBI) on Tuesday capped investments by banks and non-bank financiers in alternative investment funds (AIFs) at 10% of the fund's corpus, two months after i... Read More


RBI caps AIF investments by banks and non-banks at 10% of fund's corpus

New Delhi, July 29 -- The Reserve Bank of India (RBI) on Tuesday capped investments by banks and non-bank financiers in alternative investment funds (AIFs) at 10% of the fund's corpus, two months afte... Read More


Weaver Services scouts for buyout targets as launch nears

New Delhi, July 22 -- Premji Invest and Gaja Capital-backed housing finance company Weaver Services has received investor commitments of Rs.1,500 crore and will start operations before the end of this... Read More