NSDL Unveils Blockchain Platform for Debenture Covenant Monitoring
The National Securities Depository Limited (NSDL) rolled out Distributed Ledger Technology (DLT) blockchain platform for debenture covenant monitoring in order…
09 MAY 2022
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Axis Mutual Fund Makes Fund Manager Changes in 7 Schemes: Reports
Axis Mutual Fund (MF) has reportedly made personnel changes in seven of its funds, amid allegations of violations against certain…
06 MAY 2022
Manipal Business Solutions Recognized as a Winner at Swanari Techsprint 2022
Manipal Business Solutions Private Limited (MBS), India’s leading fintech player in the BFSI space, has been named one of the…
06 MAY 2022
Banks Begin to Raise Lending, Deposit Rates after RBI Rate Hike
After a mid-cyclic RBI rate hike, banks have begun to increase deposit and lending rates. Public sector lender Bank of…
05 MAY 2022
IBM Chairman Arvind Krishna elected to the Board of Federal Reserve Bank of New York
IBM Chairman and Chief Executive Officer Arvind Krishna has been elected to the Board of Directors of the Federal Reserve…
04 MAY 2022
RBI hikes repo rate by 40 bps to 4.40%
The Monetary Policy Committee (MPC) of the RBI on Monday voted to increase repo rate by 40 basis points to…
04 MAY 2022
RBI Gives Nod for Appointment of Rajiv Ranjan as MPC Ex-Officio Member
The central board of the Reserve Bank of India (RBI) approved the appointment of executive director Rajiv Ranjan as an…
03 MAY 2022
Bank of Baroda Cuts Interest Rate on Car Loans to 7%
Bank of Baroda, one of India’s leading public sector bank, announced a 25 basis points (bps) reduction in its car…
03 MAY 2022
HDFC Raises Lending Rates by 5 bps for Existing Customers
Housing Development Finance Corporation (HDFC) on Sunday raised its benchmark lending rate by 5 basis point, pushing EMIs for the…
02 MAY 2022
Sebi Revises Operational Guidelines for FPIs, Depository Participants
The Securities and Exchange Board of India (Sebi) modified operational guidelines for the designated depository participant (DDP) and foreign portfolio…
02 MAY 2022
