Subhana Shaikh
-
KPI Green Launches India’s First Credit-Enhanced Green Bond Issue
The transaction is estimated to mobilise around $175 million in domestic capital while advancing global sustainability goals.
-
Rupee Settles At Record Closing Low On Buying Pressure From Importers
There was no intervention from the central bank. Market participants were expecting the Reserve Bank of India to intervene at 88.50 a dollar, says a treasury official.
-
ICRA Sees Credit Growth Gaining Traction In H2 On GST Rate Cuts, Softer Deposit Costs
Credit growth across banks and non-bank financial companies is set to accelerate in the rest of the financial year, aided by recent GST rate cuts and the expected easing in deposit costs, according to ratings agency ICRA.The rating agency has projected incremental credit flow to banks at Rs 19–20.5 lakh crore in fiscal 2025-26, up from Rs 18 lakh...
-
SBI Taps Offshore Market To Raise $500 Million After S&P's India Rating Upgrade
The notes, maturing in five years, will be issued through the bank's London branch as of Sept. 9.
-
Japanese Lender SMBC's Stake Acquisition In Yes Bank Gets CCI Nod
This comes after SMBC received the RBI's approval to acquire up to 24.99% stake in Yes Bank.
-
India Needs Investment Push To Sustain 8% GDP Growth: Former RBI Deputy Governor Michael Patra
He also flagged the challenge of aligning investments with climate-change imperatives, suggesting that green infrastructure will be critical in the years ahead.
-
India Gears Up Export Push: Commerce Ministry To Meet Exporters This Week
India will launch dedicated outreach initiatives in 40 countries, with priority markets in Europe such as the UK, Spain, Germany, and Italy.
-
SBI To Urge RBI To Let Banks Finance M&A Deals
Industry players believe the timing for regulatory change is favourable.
-
Bank of Maharashtra Plans Rs 2,000-Crore QIP In FY26 To Cut Govt Stake
All listed companies need to have at least 25% free float publicly held shares, thus capping the promoter stake at 75%, according to SEBI's shareholding norms.
-
Hospitals To Suspend Cashless Services For Bajaj Allianz Policyholders From Sept. 1
This development is crucial as over 15,000 member hospitals including Max Healthcare and Medanta, which would now stop cashless treatment by Bajaj Allianz.
-
SEBI Clears LIC's Reclassification As Public Shareholder In IDBI Bank
In a key development for IDBI Bank's ownership structure, the Securities and Exchange Board of India (SEBI) has approved the reclassification of the Life Insurance Corporation of India (LIC) as a public shareholder, the lender informed the stock exchanges. The move marks a crucial step in the bank's transition following the government's strategic d...
-
RBI Appoints Indranil Bhattacharyya As Ex-Officio Member Of MPC
Bhattacharyya has taken over from Rajiv Ranjan, who has swapped with the former to lead the Department of Economic and Policy Research at the central bank.
-
ICICI Bank Withdraws Rs 50,000 Minimum Account Balance Requirement Amid Backlash
The minimum account balance requirement for urban and metro customers has now been revised to Rs 15,000, ICICI Bank said.
-
RBI To Start Continuous Cheque Clearing From October For Faster Settlements
The move is aimed at enhancing efficiency, reducing settlement delays and improving customer experience in cheque-based transactions.
-
RBI Opens Door For Foreign Rupee Surplus To Flow Into Government Bonds
This step expands investment options for foreign entities engaging in rupee-based trade settlement.
