The Reserve Bank of India injected Rs 72,300 crore into the banking system. This was done through two Variable Rate Repo auctions. The move followed a drop in surplus liquidity due to advance tax payments. Experts expect more such actions…
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The final guidelines, which will come into force from January 1, 2027, ban incentive arrangements that encourage aggressive sales practices and require banks to take responsibility for all financial products sold through their branches, digital channels, agents and outsourced partners.
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The final guidelines, which will come into force from January 1, 2027, ban incentive arrangements that encourage aggressive sales practices and require banks to take responsibility for all financial products sold through their branches, digital channels, agents and outsourced partners.
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India’s competition watchdog has given the green light for Kedaara Capital to invest Rs 750 crore in Axis Finance. This marks a significant primary capital raise for Axis Finance, its largest to date. It is also the first time the…
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Bengaluru (Karnataka) [India], Alethea Advisors, a fast-growing independent strategic transaction and corporate advisory firm, has appointed Gyanendra N Pati (Gyan) as Chief Growth and Marketing Officer (CGMO) and Gaurav Jain as Director, Head of M&A and Global Delivery, as the…
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Capitalmind Flexi Cap Fund made significant portfolio adjustments in May. The fund welcomed Nestle India and eleven new stocks. It also divested holdings in State Bank of India and fourteen other companies. Exposure was increased in sixteen stocks, including NMDC…
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