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RBI's hand behind today's rally in banks, other financial stocks

The Reserve Bank s December circular prohibiting regulated entities such as NBFCs from investing in AIFs having downstream investments either directly or indirectly in a debtor company of the entities had stressed investors. The rules also required entities to liquidate their investment within 30 days from the date of downstream investment or make 100% provision. ....

Bajaj Finserv , Punit Shah , Dipen Ruparelia , Bajaj Finance , Reserve Bank , Alternative Investment Funds , Dhruva Advisors , Vivriti Asset Management , Nbfc Stocks , Bajaj Finserv Shares , Hdfc Bank , Icici Bank ,

Kotak Mahindra Bank share price up by 1%, after Company acquires Sonata Finance

As previously communicated in February 2023 and October 2023, the Kotak Mahindra Bank had expressed its intention to acquire Sonata Finance. Now finalized, this acquisition brings Sonata s extensive microfinance network under the Kotak Mahindra Bank umbrella. ....

Kotak Mahindra , Banking Finance Company , Kotak Mahindra Bank , Mahindra Bank , India Shelter , Non Banking Finance Company , Micro Finance Institution , Reserve Bank , Asset Under Management , Zurich Insurance , Kotak Mahindra General Insurance , Sonata Finance ,

How to recharge FASTag via Paytm app? A step-by-step guide

Paytm introduces new FASTag recharge feature on its app to provide convenience amidst regulatory scrutiny. Users can recharge existing FASTags and purchase new ones from HDFC Bank through the app. ....

Authority Of India , Card Machine , Bill Payment , National Highways Authority , How To Recharge Fastag , Fastag Kyc , National Highways Authority Of India , Hdfc Fastag , Fastag Recharge , Paytm Fastag , How To Recharge Fastag On Paytm ,

Five lessons for startups from Byju's & Paytm's misgovernance

The troubles at Byju’s and Paytm offer a cautionary tale for startups they should not disregard laws and regulations in their single-minded pursuit ....

Byju X27 S ,

Why RBI is wary of co-branded credit cards

RBI wants to check the unbridled growth in credit cards and prevent the backdoor entry of firms into the industry. ....

Axis Bank , Amazon Pay , Cobranded Credit Cards , Credit Cards , Credit Card Industry , Hybrid Credit Cards ,