Banking

Robust demand for Room ACs during festive: Blue Star

In second quarter of FY27, the extended summer season resulted in robust demand for Room ACs and it helped the company to post a...

Reliance FMCG arm expands biscuit portfolio in TN

Tamil Nadu is a key market for RCPL’s biscuit business. With increased production capacity and an expanded portfolio, the company aims to build scale,...

Insolvency proceedings against Polycab set aside

National Company Law Tribunal, Ahmedabad Bench, had admitted the insolvency proceedings filed against Polycab via order dated 7 October. The petition was filed by...

IDFC First Bank assures it remains well capitalised, amid fraud incident

IDFC  First Bank has appointed KPMG to initiate an independent forensic audit into the incident and suspended those involved. In an analysts call on Monday,...

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...

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Robust demand for Room ACs during festive: Blue Star

In second quarter of FY27, the extended summer season...

Reliance FMCG arm expands biscuit portfolio in TN

Tamil Nadu is a key market for RCPL’s biscuit...

Insolvency proceedings against Polycab set aside

National Company Law Tribunal, Ahmedabad Bench, had admitted the...

DHL IT arm opens new facility in Chennai

The facility expands capacity in India and It will...

September Credit Card Spending Down 5.9%: Report

Credit card spending fell 5.9 per cent year-on-year (y-o-y)...