RBI has proposed allowing banks to fund domestic and overseas corporate acquisitions, PSU disinvestments, and IPO subscriptions from April 2026. How will banks manage risk? Which companies qualify? And how will India Inc leverage this new acquisition-finance window?
Read More
The Institute of Chartered Accountants of India has launched MSME Clinics across the nation. These clinics offer free advisory services, credit matchmaking, and compliance help to micro, small, and medium enterprises. MSMEs can visit any of ICAI’s 183 branches for…
Read More
Sebi has introduced a streamlined process for transferring Portfolio Management Services (PMS) businesses between managers to enhance ease of doing business. The new framework mandates prior Sebi approval for all transfers, with specific rules for group and non-group transfers, including…
Read More
India’s forex reserves surged by USD 4.496 billion to USD 702.28 billion in the week ending October 17, primarily driven by a significant rise in gold reserves. While foreign currency assets saw a decrease, the overall reserves benefited from the…
Read More
SBI Life Insurance’s second-quarter profit fell 7% due to increased commissions and lower investment income. Despite strong demand, higher agent payouts impacted expenses. The insurer is shifting its product mix towards higher-margin, non-participating products, leading to improved value of new…
Read More
Indian benchmarks secured their fourth consecutive weekly gain, driven by stable corporate earnings and robust festival sales. However, the indices saw a dip on Friday as investors booked profits and expressed caution over India-U.S. trade talks, following the Trade Minister’s…
Read More