The Reserve Bank of India has imposed a Rs 1 lakh penalty on Magadh Central Co-operative Bank for failing to comply with KYC guidelines. The bank did not conduct periodic reviews of customer risk...

The Reserve Bank of India (RBI) has imposed penalties on Bank of Maharashtra, Hinduja Leyland Finance, and Poonawalla Fincorp for violating regulatory directions, including Know Your Customer (KYC)...

Poonawalla Fincorp's Q4 net profit skyrocketed by 67% to Rs 332 crore, driven by strong growth in interest income and AUM. Read more.

Bankers applaud the Reserve Bank of India's decision to hold rates steady, citing its balanced approach to managing inflation and supporting economic growth. The policy also includes measures to...

Economists from leading financial institutions weigh in on the Indian interim budget, highlighting key aspects like fiscal prudence, infrastructure spending, and rural development.

DMRC and Blue Dart have signed an MoU to launch a sustainable urban logistics service in Delhi-NCR, using metro trains for cargo transport during non-peak hours. This innovative initiative aims to...

McLeod Russel India Limited's Rs 1,104.69 crore debt has been transferred to NARCL for Rs 700 crore, representing a 36% haircut. The debt transfer aims to help the tea producer restructure and...

Sebi is finalizing a standard operating procedure for applying settlement regulations for cases amid rising settlement matters. The regulator is also working on uniformity in applying the...

Ukraine's Foreign Minister Andrii Sybiha will visit Mumbai on Wednesday to strengthen trade relations with India. The visit comes amid efforts to rebuild Ukraine following the Russian invasion.

INOXGFL Group plans to list INOX Clean Energy on Indian stock exchanges in FY26, aiming to raise Rs 5,000 crore through an IPO. The IPO is expected to be one of the largest in the private renewable...

The Shri Ram Janmabhoomi Teerth Kshetra Trust has paid Rs 400 crore in taxes over the past five years, driven by a surge in religious tourism to Ayodhya.

DMRC and Blue Dart have signed an MoU to launch a sustainable urban logistics service in Delhi-NCR, using metro trains for cargo transport during non-peak hours. This innovative initiative aims to...

McLeod Russel India Limited's Rs 1,104.69 crore debt has been transferred to NARCL for Rs 700 crore, representing a 36% haircut. The debt transfer aims to help the tea producer restructure and...

Sebi is finalizing a standard operating procedure for applying settlement regulations for cases amid rising settlement matters. The regulator is also working on uniformity in applying the...

Ukraine's Foreign Minister Andrii Sybiha will visit Mumbai on Wednesday to strengthen trade relations with India. The visit comes amid efforts to rebuild Ukraine following the Russian invasion.