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....

IDFC First Bank fraud case: RBI Governor says no systemic issue

“We are watching the development; there is no systemic issue,” Mr. Malhotra was quoted as saying to reporters at a press briefing after the...

No indication of any fraudulent activity: AU Small Finance Bank

    AU Small Finance Bank statement comes in wake of reports of fraudulent activities reported by another lender IDFC First Bank relating to account involving...

IDFC First Bank appoints KPMG to probe fraudulent transaction

IDFC First Bank received a request from a particular Department of Haryana Government for closure of its account and transfer of funds to another...

An expected pause, amid green shoots

The MPC took note of successful completion of trade deals and said it augurs well for the economic outlook. Merchandise exports will get a boost...

New formula proposed for banks dividend payout

‘Dividend’ means dividend payable on equity shares and includes interim dividend. The aggregate dividend should not exceed 75 per cent of profit after tax for the...

What led to the repo rate cut

The minutes of the fifty-eighth meeting of the Monetary Policy Committee (MPC) of Reserve Bank of India released on Friday offers interesting insights into...

SalarySe ties up with CUB to offer credit card to salaried

Aligning with the Reserve Bank of India's push toward a cashless economy, SalarySe’s product is powered by UPI technology. Targeting the consumers’ spending behaviour, the...

RBI cuts repo rate by 25 basis points

The repo rate is the interest rate at which the RBI lends money to commercial banks for short-term needs. The decision to cut the...

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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...