Union Finance Minister Nirmala Sitharaman on Sunday presented the Union Budget 2026–27. She made a major announcement for the banking sector. Sitharaman said a high-level committee will be formed to ...

MUFG, Japan’s largest bank, is close to buying a 20% minority stake in India’s Shriram Finance, for an investment of $4.4 billion.

The compliance framework outlines layered regulatory obligations for NBFCs based on systemic importance. It highlights key ...

Union finance minister Nirmala Sitharaman unveiled the government's Viksit Bharat vision for Non-Banking Financial Companies, setting clear targets for credit expansion and technology adoption. Key ...

New Delhi (IANS): In her Union Budget speech for 2026-27, Finance Minister Nirmala Sitharaman outlined several forward-looking proposals in the financial sector, aimed at strengthening India’s banking ...

By Gopika Gopakumar, Vibhuti Sharma and Ashwin Manikandan MUMBAI, Jan 23 (Reuters) - India's Axis Bank has put on hold plans ...

India and New Zealand have pledged deeper cooperation in banking and insurance under their free trade agreement (FTA). They have committed to market access and national treatment, liberal foreign ...

A London-based unit of JPMorgan Chase has received a license to set up a branch in a special jurisdiction of Gujarat, India, as more global lenders build a presence in the financial hub.

Indian shares fell on Wednesday, extending losses after their steepest drop in over eight months in the previous session, as global trade and geopolitical woes continued to fuel foreign selling.

The Reserve Bank of India (RBI) has unveiled a framework for using artificial intelligence (AI) in the financial sector, supported by a proposed $575m public fund to incentivise the development of ...

NEW YORK, Feb. 07, 2022 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced that funds within its Hybrid Value strategy have committed to invest $125 million in Hero FinCorp Limited (“HFL” or the ...