Tag: yes bank
Fintech firm Zaggle acquires Rio Money for Rs 22 crore; plans to invest Rs 75 crore post-acquisition
Fintech firm Zaggle, which offers spend management services, has acquired Rivpe Technology Private Limited (Rio.Money), a digital banking platform offering UPI-based payment solutions for Rs…
RBI likely to raise forecast for growth, lower it for inflation this MPC
Mumbai: Market participants are of the view that the Reserve Bank of India (RBI) would revise its macroeconomic projections in the upcoming policy review on…
NHAI launches Raajmarg Infra Investment Managers for highway monetization
State-owned NHAI on Thursday said it is in the process of establishing Raajmarg Infra Investment Trust (RIIT) as a Public InvIT to unlock the monetization…
DPIIT inks pacts with over 50 firms to promote mfg, innovation ecosystem for startups
New Delhi: The Department for Promotion of Industry and Internal Trade (DPIIT) has so far inked pacts with over 50 firms, including ITC, Flipkart, and…
India plans to hike foreign investment cap in state-run banks to 49%, source says
India is planning to allow direct foreign investment in state-run banks of up to 49%, more than double current limits, according to a person directly…
New CBIC norm eases compliance for importers and customs officials alike
New Delhi: The Central Board of Indirect Taxes and Customs (CBIC) has consolidated 31 separate customs duty notifications into a single comprehensive document, improving compliance…
Global banks bet billions on India amid US credit jitters| Business News
A spate of billion-dollar deals—including those involving Yes Bank Ltd. and RBL Bank Ltd.—have thrust India’s financial sector into the global spotlight, when credit worries…
Dubai’s Emirates NBD to acquire 60% of RBL Bank in $3-billion stake sale deal| Business News
Dubai’s Emirates NBD Bank PJSC has agreed to buy 60% stake in RBL Bank Ltd., in what is seen as the biggest foreign investment in…
Inflation makes case for rate cut, but growth indicators are benign
Mumbai: Odds have shortened on further easing in policy rates by the Reserve Bank of India (RBI) after the retail pricing gauge plunged to an…
Bharat Connect gets linked with FX-Retail platform; enables customers to buy USD
The Reserve Bank on Tuesday said bill payment system Bharat Connect has been linked with foreign exchange retail platform, enabling individual customers to buy US…