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Grapevine: Warburg Pincus, Shriram Housing Finance, KiranaPro, Blume Ventures in news

General

30 October, 2024

Grapevine: Warburg Pincus, Shriram Housing Finance, KiranaPro, Blume Ventures in news

The Reserve Bank of India has directed Warburg Pincus to cut its stake in a portfolio company before the acquisition ......

Rupee ends at fresh record low amid fresh equity outflows

Economy

18 October, 2024

Rupee ends at fresh record low amid fresh equity outflows

The Indian rupee hit its all-time low on Friday pressured by equity outflows but managed to avert a sharp fall ......

Rupee slips to record low as equity sentiment sours after tax hike

Markets

24 July, 2024

Rupee slips to record low as equity sentiment sours after tax hike

The Indian rupee fell to an all-time low on Wednesday as likely outflows from local equities weighed on the currency, ......

Misuse of asset reconstruction firms to fast track insolvency process: RBI

Economy

31 May, 2024

Misuse of asset reconstruction firms to fast track insolvency process: RBI

Asset reconstruction companies (ARCs) are being misused by "tainted" promoters to enter the bankruptcy process after ......

RBI cracks down on CDPQ-backed Edelweiss ARC, ECL Finance for rule violations

Finance

29 May, 2024

RBI cracks down on CDPQ-backed Edelweiss ARC, ECL Finance for rule violations

The Reserve Bank of India on Wednesday directed Edelweiss Asset Reconstruction Company Limited to stop the acquisition ......

Rupee bucks trend against declining Asian currencies, rises to 2-month high

Finance

24 May, 2024

Rupee bucks trend against declining Asian currencies, rises to 2-month high

The Indian rupee rose to a two-month peak on Friday, boosted by likely strong dollar inflows into domestic equities ......

Catamaran-backed Innoviti gets payment aggregator licence

Finance

26 March, 2024

Catamaran-backed Innoviti gets payment aggregator licence

Payments-centric retail SaaS platform Innoviti has received the final authorisation from the Reserve Bank of India (RBI......

IIFL Finance shares plunge after RBI bars firm from offering gold loans

Finance

05 March, 2024

IIFL Finance shares plunge after RBI bars firm from offering gold loans

Shares of India's IIFL Finance fell 20% to the bottom of an exchange-mandated limit on Tuesday, a day after the ......

RBI asks Visa, Mastercard to stop B2B payments via fintech platforms

Finance

15 February, 2024

RBI asks Visa, Mastercard to stop B2B payments via fintech platforms

India's central bank has asked Visa and Mastercard to stop card-based business-to-business payments such as rents or......

India rupee falls to lifetime low, notches weekly decline

Finance

10 November, 2023

India rupee falls to lifetime low, notches weekly decline

The Indian rupee fell to a record low on Friday as a rebound in US Treasury yields pressured Asian currencies. The ......

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