UBS Celebrates Successful Merger with Credit Suisse
UBS Group AG Finalizes Merger with Credit Suisse AG
UBS Group AG announced today the successful completion of its merger with Credit Suisse AG, facilitated...
IRDAI’s proposal for increased surrender value may face strong opposition from life insurers once more
IRDAI: Insurers Resistant to Higher Surrender
A day following the proposition by the Insurance Regulatory and Development Authority of India (IRDAI) to enhance surrender values...
The RBI intends to implement regulations aimed at strengthening the financial sector, as stated in its annual report
RBI Aims to Strengthen Regulations
From implementing the expected credit loss (ECL) model for asset classification to conducting a thorough review of loan rates, the...
Sebi has introduced new rules starting in June
Sebi's June Regulations
Sebi's new guidelines, effective today, encompass various sectors such as listed companies, mutual funds, stocks, and commodity markets. Here's a breakdown:1. Listed...
Paytm has surged to its 5% upper circuit limit for the third consecutive session
Paytm Surges to 5% Circuit
One97 Communications, Paytm's parent company, experienced a 5 percent upper circuit at the opening of trading on May 31. This...
NPA Risk for Banks and NBFCs Could Rise Due to Delay in Over 40% of Infrastructure Projects
NPA Risk for Banks and NBFCs
NPA Risk for Banks and NBFCs May Surge Amid Delays in 40% of Infrastructure ProjectsA recent report by the...
UBS Unveils Empowering Transformations to Group Executive Board for Brighter Future
UBS Group Executive Board Restructure
Zurich, 30 May 2024* – UBS has marked significant milestones in its integration of Credit Suisse, with the merger of...
Health insurance claim regulation: Cashless claims require clearance within 3 hours; insurers responsible for hospital charges due to discharge delays, states IRDAI
Health insurance claim regulation:
Delays in processing health insurance claims by insurers or third-party administrators (TPAs) have frequently been a nightmare for patients and their...
Indian bonds saw a modest rise in yields, reflecting the trends observed in US counterparts
Indian Bonds Yields Follow US
Indian government bond yields ended slightly higher on Wednesday, as the benchmark yield surpassed the 7% threshold, mirroring a similar...
RBI takes strict action against ECL Finance and Edelweiss ARC
RBI Tightens Grip on ECL Finance, Edelweiss ARC
Continuing its oversight of banks and other financial institutions, the Reserve Bank of India (RBI) announced on...
Zomato revives its lending ambitions, engages in discussions with multiple NBFCs to offer merchant loans
Zomato news update
Aaccoding to Moneycontrol news portal after pausing its lending ambitions for a few years, food delivery giant Zomato is looking to revive...
DNA Payments facilitates acceptance of Alipay+ for 50,000 UK merchants
DNA Payments Introduces Alipay+ Integration
This introduction empowers over 50,000 UK merchants utilizing DNA Payments’ POS terminals to seamlessly accept direct payments from global travelers,...
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Indian mutual fund industry sees steady growth in January 2026, crosses ₹81 lakh crore AUM milestone
The Indian mutual fund industry sustained its growth trajectory in January 2026, with the Net Assets Under Management (AUM) climbing to ₹ 81.01 lakh crore,...
Exito Media Concepts announces the 44th edition of the enterprise Tech Summit – Saudi Arabia 2026
Saudi Arabia is undergoing a defining phase in its digital transformation journey, powered by rapid advancements in AI adoption, cloud modernization, smart governance, and...
Carlyle to invest ₹2,100 Cr in Edelweiss’ Nido Home Finance
Edelweiss Financial Services Limited (Edelweiss) and global investment firm The Carlyle Group (NASDAQ: CG) today announced that investment funds affiliated with Carlyle will acquire...
Exito Media Concepts presents the 31st edition of the future industry summit – Saudi Arabia 2026
Saudi Arabia’s manufacturing sector is entering a pivotal phase of transformation, driven by rapid advancements in smart factory technologies, AI-led automation, industrial IoT, robotics,...