With the latest reduction, the RBI has now cut interest rates by a total of 100 basis points in 2025, starting with a quarter-point reduction in Feb – the first cut since May 2020 – and another similar-sized cut in…
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RBI Governor Sanjay Malhotra stated that IndusInd Bank is recovering well after facing challenges, including accounting lapses. He considers the MD and CEO’s resignation as sufficient accountability. The bank has addressed regulatory requirements and improved practices, with the RBI learning…
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Issued in partnership with HSBC, it is compliant with SEBI’s newly issued regulatory framework, which is designed to promote transparency, accountability, and alignment with international ESG standards.
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Decentro, a fintech startup, secured Rs 30 crore in funding led by InfoEdge Ventures. The company intends to move its base from Singapore to India. This move aligns with other Indian startups returning home. Decentro aims to enhance its products…
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Goldman Sachs Asset Management has provided $600 million to Jubilant Bhartia Group through convertible preference shares, aiding their $1.5 billion acquisition of a 40% stake in Coca-Cola’s Indian bottling unit. This investment, part of Goldman Sachs’ private credit strategy, helps…
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The RBI Governor Sanjay Malhotra wants to assure certainty when the world economy is uncertain. “We believe in actions and not just making announcements,” he says.
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