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Cumulative impact of monetary policy actions still unfolding: RBI guv Das

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RBI Governor Shaktikanta Das, in the rate-setting panel meeting earlier this month, opined that the cumulative impact of the monetary policy actions over...
Finance

HDFC Capital to hike stake in proptech startup Reloy by up to 2.4%

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HDFC Capital Advisors will increase its stake in proptech startup Loyalie IT Solutions (now renamed as Reloy) to up to 9.6 per cent...
Finance

RBI to come up with new rules on classification of accounts as fraudulent

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The Reserve Bank of India (RBI) will soon develop a set of rules that will govern the declaration of a bank account as...
Finance

After insurance firms, now private banks under income tax scanner

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I-T Dept sends 8,000 notices to taxpayers who claimed exemption for charityNew tax norm to hurt insurers; stocks attractive for the long run:...
Finance

Home loan demand declines, special interest rates to continue

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In a relief to prospective home loan buyers, large mortgage players, such as State Bank of India, ICICI Bank, and HDFC, have extended...
Finance

Cube Highways and Infra InvIT raises Rs 5,226 cr from BCI, Mubadala

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Budget 2023 to increase capex for infra projects for growth: ExpertsIndia Inc leans on InvITs to reduce debt, generate returns for investorsCube Highways...
Finance

Indian insurers see steep rise in reinsurance rates in April renewals

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Although it was expected that Indian insurers would feel the heat of high reinsurance rates this renewal season, the quantum of a hike...
Finance

Karur Vysya Bank hands over EVs, RO plant to TTD under ESG initiative

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Private sector bank Karur Vysya Bank has handed over five electric vehicles and three reverse osmosis water plants worth Rs 70.73 lakh to...
Finance

IndusInd Bank signs $100 mn loan deal with JBIC to push Japanese equipment

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Analysts cautious on IndusInd Bank despite all-round beat in Q3; here's whyIndusInd Bank slips 7% as RBI reappoints MD & CEO for shorter...
Finance

RBI grants AU Small Finance Bank permission to deal with foreign exchange

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AU Small Finance Bank on Wednesday said it has received permission from Reserve Bank of India to deal in foreign exchange. Reserve Bank of...
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