RBI
Finance
Aditya Birla Finance to raise $150 mn in funding
Aditya Birla Finance is set to raise $150 million (Rs 1,283 crore) in funding to support its lending activities for ......
People
Bank of America set to appoint Vikram Sahu as new country head for India
Bank of America Corp is set to appoint Vikram Sahu as the new country executive for its India business, according ......
Finance
IndusInd taps Grant Thornton for fraud checks in accounting case
India's IndusInd Bank has appointed Grant Thornton to conduct a forensic review into accounting lapses detected this month and to ......
Markets
Bargain-hunting boosts Nifty 50 to best week in more than 4 years
The benchmark Nifty 50 index logged its largest weekly rise in more than four years on Friday, on signs that ......
Finance
Enforcement Directorate says Paytm violated foreign exchange rules
The Enforcement Directorate said on Monday its investigation revealed that payment services provider Paytm and its units had violated the ......
Economy
RBI cuts rates for first time in nearly 5 years to boost growth as inflation eases
The Reserve Bank of India (RBI) cut its key interest rate for the first time in nearly five years on ......
TMT
Tiger Global-backed Cred joins RBI's digital currency project
Tiger Global and Peak XV-backed Indian firm Cred has become the first fintech platform to roll out access to India's central bank ......
Finance
RBI supersedes board of Sabre Partners, Gojo-backed Aviom India Housing Finance
The Reserve Bank of India (RBI) said Monday it has superseded the board of Aviom India Housing Finance Pvt. Ltd, a mortgage lender backed ......
Finance
RBI lifts lending ban on Asirvad Micro Finance, DMI Finance
India's central bank said on Wednesday it has removed restrictions imposed on non-banking financial companies (NBFCs), Asirvad Micro Finance and ......
Economy
Govt forecasts 2024-25 economic growth of 6.4%, slowest in four years
India forecast annual growth of 6.4% in the year ending in March, the slowest in four years and below the lower ......
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