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Finance/Fintech

Full Budget Likely to be Presented Around July 10-12

Full Budget Likely to be Presented Around…

New Delhi, May 21 (KNN) With the general elections entering the final phases, ministries and departments of the Union government…

Piotex Industries' Shares Soar 16% On BSE SME Debut, Reaching Rs 114 Intraday High

Piotex Industries' Shares Soar 16% On BSE…

Mumbai, May 17 (KNN) Piotex Industries Limited, a leading supplier of yarn, fabric, and cotton bales, commenced trading on…

PSBs To Cultivate 'Champion Sectors' For Concentrated Lending Push

PSBs To Cultivate 'Champion Sectors' For Concentrated…

New Delhi, May 14 (KNN) India's Public Sector Banks (PSBs) are set to identify and concentrate efforts on one specialised…

Major UPI Players' Dominance Sparks Concerns; Smaller Entities Seek Regulatory Support

Major UPI Players' Dominance Sparks Concerns; Smaller…

New Delhi, May 9 (KNN) Representatives from the United Payments Interface (UPI) ecosystem convened with senior Reserve Bank…

FEMA Norms Relaxed By RBI To Boost Foreign Investment In Derivatives

FEMA Norms Relaxed By RBI To Boost…

New Delhi, May 8 (KNN) In a move aimed at facilitating foreign investment in derivative instruments, the Reserve Bank of India…

REC Ltd Gets RBI Nod to Set Up Subsidiary at GIFT City

REC Ltd Gets RBI Nod to Set…

New Delhi, May 6 (KNN) REC Limited, a leading Maharatna central public sector enterprise under the Ministry of Power and a…

RBI Hits Brakes on Fintech Lending, Calls for Growth Moderation

RBI Hits Brakes on Fintech Lending, Calls…

Mumbai, May 6 (KNN) The Reserve Bank of India (RBI) has cautioned fintech companies, particularly those involved in lending…

South Indian Bank To Intensify Retail & MSME Focus, Pursue Double-Digit Growth In FY25

South Indian Bank To Intensify Retail &…

New Delhi, May 4 (KNN) South Indian Bank's MD and CEO, P.R. Seshadri, has unveiled the bank's strategic outlook…

FinMin Mulls Requiring Nodal Officers at Banks, Fintechs for Law Enforcement Liaison

FinMin Mulls Requiring Nodal Officers at Banks,…

New Delhi, May 2 (KNN) The Finance Ministry is considering a proposal to require banks and fintech companies to appoint designated…

RBI Directs Lenders To Rectify Unfair Interest Charging Practices

RBI Directs Lenders To Rectify Unfair Interest…

New Delhi, May 1 (KNN) The Reserve Bank of India (RBI) has instructed regulated lending entities to review and rectify certain…

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