Category: Banking & Financial Services

SBI to raise up to ₹50,000 cr in FY24

Central Council of State Bank of India (SBI)On Friday, it agreed to raise funds totaling ₹50,000 crore by issuing debt

Go Digit owned by Prem Watsa and backed by Fairfax Group has been approved by the Insurance Regulatory and Development

Canada Pension Plan Investment Board (CPPIB) sold 3.3 crore shares or 1.7 per cent equity stake in Kotak Mahindra Bank

MUMBAI Fintech Associations, on behalf of industry players, are expected to approach Reserve Bank of India (RBI) Certain Clarifications regarding

TVS Credit Services Ltd, a Non-bank financing company which mainly provides loans for two-wheelers and used cars, has raised equity

The Reserve Bank of India (RBI) may raise the risk weights on unsecured personal loans and payable on credit cards

It was taken for granted that the MPC’s decision would be to pause the repurchase rate action. In fact, the

Alphabet-backed Aye Finance, a fledgling non-bank finance company, has been awarded a £2,00,000 (Rs. 2.05 crore) grant from TRANSFORM, a

RBI has allowed First Loss Guarantee Arrangements (FLDG) between two Regulated Entities (REs) or between a Regulated Entity and its

The imminent pre-tax inflows are why banks have not taken full measure in the RBI’s variable rate reverse repo (VRRR)