Banking

Kotak Mahindra Bank MD Ashok Vaswani to quit

Ashok Vaswani has cited personal reasons, the bank said in a regulatory filing. The board has respected his decision and has initiated the process for...

The Story behind Trent

Yet, Trent's origins lie in a little-remembered corporate restructuring that unfolded three decades ago. In many ways, Trent began where Lakme ended. The cash generated...

Fresh TVS NTORQ Lineup launched

Since its launch, the TVS NTORQ, India’s No.1 sporty scooter, has continued to resonate with customers through its blend of sporty styling and performance....

RBI cuts repo rate by 25 basis points

The decision was made during the first Monetary Policy Committee (MPC) meeting of the financial year 2025-26, held from April 7-9.  In a parallel move...

98.21% of ₹ 2000 notes returns, says RBI

The Reserve Bank of India (RBI) has said that 98.21% of the ₹2000 banknotes in circulation as on May 19, 2023 has been returned. The...

United Forum of Bank Unions serves one-day strike notice

Ostensibly, the strike move is to demand, among other things, the following. * Adequate recruitment in all cadres. * Regularisation of all temporary employees. * Implementation of a 5-day...

Unifi Mutual launches hybrid fund

The scheme is ideally suitable for investors looking for low volatile, inflation-beating returns over an investment horizon of two years or more. The new fund...

RBI revises norms for pre-closure charges on certain loans

The apex bank has sought comments on the draft guidelines. "Availability of easy and affordable financing to Micro and Small Enterprises (MSEs) is of paramount importance....

RBI bats for growth, cuts Repo rate

Repo rate is the interest rate at which banks borrow money from the RBI. It is also known as the repurchase agreement rate. The Repo...

Paytm Gate! Glaring Governance Gaps?

It appears that the latest is the culmination of the enquiries that have lasted many months and the bank had been warned of regulatory...

Sense and Sustainability… Pragya Panda, Financial Consultant

In the ever-evolving landscape of the banking sector, 2024 promises to be a revolutionary one. The sector faces ongoing challenges in managing asset quality,...

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Kotak Mahindra Bank MD Ashok Vaswani to quit

Ashok Vaswani has cited personal reasons, the bank said...

The Story behind Trent

Yet, Trent's origins lie in a little-remembered corporate restructuring...

Fresh TVS NTORQ Lineup launched

Since its launch, the TVS NTORQ, India’s No.1 sporty...

Adani launches initiative for Entrepreneurs

The programme will reach all 36 States and Union...

US Energy Ties: India needs ‘strategic thinking’

COMPACT is expected to increase bilateral trade from USD150...