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Gold loan NBFCs remain unaffected by the cash disbursal cap, but analysts anticipate an increase in operating expenses.
Gold loan NBFCs remain unaffected
Gold loan NBFCs have indicated that the RBI directive capping cash loan disbursements at ₹20,000 will have minimal impact, as...
RBI Deputy Governor Sounds Alarm Over ARCs’ Supervisory Issues
RBI Deputy Governor Raises Supervisory Concerns
The Reserve Bank of India (RBI) has identified several supervisory concerns in the functioning of asset reconstruction companies (ARCs),...
Circle Completes SOC 2 Type 2 Cybersecurity Audit
Circle Cyber Security Audit
Circle marked a significant compliance milestone this month by completing a System and Organization Controls (SOC) 2 Type 2 security audit...
ABB expands electrification portfolio with acquisition of Siemens’ Wiring Accessories business in China
ABB Acquires Siemens' Wiring Accessories Business in China:
ABB is a technology leader in electrification and automation, enabling a more sustainable and resource-efficient future. The...
CII Annual session:Leverage opportunities at national and global level through government-industry partnerships said Nirmala Sitharaman
CII Annual session
The government looks towards forging partnerships with the private sector to take a winning leap forward to realize the goal of emerging...
Insurance news: Approximately 700 surety bonds valued at ₹3,000 crore have been issued by insurance companies
Insurance news:
Approximately 700 insurance surety bonds valued at around ₹3,000 crore have been issued by various insurance companies to date, an official statement said...
Digit’s IPO concludes with a subscription of 9.6 times, with QIBs submitting the highest number of bids
Digit IPO Subscribed 9.6 Times
On May 17, Go Digit General Insurance, an Insurtech unicorn, witnessed a subscription of 9.6 times for its public issue...
RBI Empowers Positive Decrease in Government Treasury Bill Auction Volume
RBI Reduces Government Treasury Auctions:
Amid tight liquidity conditions, the central bank has announced a significant reduction in government treasury bill sales and introduced new...
Bandhan Bank Q4 Results: Net profit drops 93% to ₹54 crore,Dividend declared
Bandhan Bank Q4 Results:
Bandhan Bank reported its January-March quarter results for fiscal year 2023-24 (Q4FY24) on Friday, May 17, revealing a 94% drop in...
Government examining RBI’s draft regulations on project finance, states DFS secretary
Government review of RBI draft regulation
The government and the Indian Banks Association (IBA) are currently reviewing the Reserve Bank of India’s (RBI) draft guidelines...
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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,...