RBI
Finance
Bottomline: PE-backed APAC Financial continues profit streak for sixth year
APAC Financial Services Pvt Ltd, backed by Renuka Ramnath-led Multiples Alternate Asset Management, among others, ......
Economy
RBI focuses on growth with 50 bps cut in repo rate; slashes reserve ratio
The Reserve Bank of India (RBI) cut its key repo rate by a larger-than-expected 50 basis points on Friday, a ......
Finance
Flipkart secures RBI licence to start NBFC for direct lending
Walmart's Flipkart has secured a lending licence from the Indian central bank and banking regulator, enabling it to ......
Markets
Sensex, Nifty rise on optimism over trade negotiations, potential RBI rate cut
The Nifty 50 and Sensex rose on Wednesday, snapping a three-day slide on expectations of progress in U.S.-China trade ......
Economy
India considers easing bank ownership rules as foreign interest grows
The Reserve Bank of India is signaling possible rule changes ahead that would let foreigners own more of India's ......
Finance
Bottomline: NPA woes trouble Piramal Alts-backed Annapurna Finance
Annapurna Finance, backed by a string of investors including Piramal Alternatives, grappled with a significant rise in ......
Opinion
RBI's new digital lending directions bring transparency to the forefront
From easy access to instant loans to embedded credit options when shopping on your favourite e-commerce application, ......
Finance
Bottomline: MFI sector woes hit Satya MicroCapital's loan book, profitability
Satya MicroCapital, a Delhi-based microfinance institution backed by Japanese impact investor Gojo & Company Inc, saw ......
Finance
RBI proposes easier rules for lenders' investments in AIFs
India's central bank on Monday proposed more liberal rules governing investments by lenders in Alternative ......
Markets
Rupee falls most in a month after Indian strikes in Pakistan raise tensions
The rupee weakened on Wednesday to log its worst single-day decline in a month as worries over an escalation in ......
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