Reserve Bank of India
Finance
PE-backed AU Small Finance Bank eyeing $1.6 bn valuation via IPO
Private equity-backed AU Small Finance Bank Ltd, which has received a licence from the Reserve Bank of India (RBI) to ......
Finance
RBI keeps interest rates on hold, lowers inflation projection
The Reserve Bank of India (RBI) kept its key interest rate unchanged at 6.25 percent on Wednesday, as widely expected, ......
TMT
Paytm Payments Bank appoints three new board members
Noida-based digital payments company Paytm, owned by One97 Communications Ltd, has formed a five-member board for its payments bank, which ......
Finance
Will the new ordinance help banks clean up the bad-loan mess?
When a new government takes office, it usually inherits a sizeable baggage from the previous regime. Three years ago, when ......
TMT
Paytm Payments Bank goes live, offers 4% interest rate
After Airtel and India Post, Vijay Shekhar Sharma's digital wallet firm Paytm has become the third entity to launch a ......
Finance
Why Haven't PE Firms' Stressed Assets Ventures Taken Off?
When the Reserve Bank of India completed a review of banks’ asset quality towards the end of 2015, plenty of ......
Finance
RBI sets norms for banks' investment in REITs, InvITs
The Reserve Bank of India issued guidelines on Tuesday for investments by commercial banks in Real Estate Investment Trusts (REITs) ......
Finance
Kotak Mahindra Bank to raise $825 mn for M&As, biz expansion
Kotak Mahindra Bank, India’s fourth-largest private-sector lender, plans to sell shares worth as much as $825 million (Rs 5,350 crore) ......
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