Yes Bank awaits SMBC entry for top deck recast

Yes Bank's succession plans will be clearer after SMBC's stake purchase. Prashant Kumar's tenure got a six-month extension. SMBC applied to RBI and CC...

The Wealth Company Mutual Fund files 4 draft documents with Sebi

The Wealth Company Mutual Fund, part of the Pantomath Group, made a bold debut by becoming the first new asset management company (AMC) to file four S...

IBC helps resolve over Rs 26 lakh crore debt in India in 9 years: Report

Nine years after the launch of the Insolvency and Bankruptcy Code (IBC), India has managed to resolve debt worth more than Rs 26 lakh crore, either di...

Sebi issues FAQs pertaining to regulatory provisions for Research Analysts

Sebi has announced that research service personnel must obtain NISM certification within a year. Institutional investors no longer need to sign consen...

RBI withdraws corrective action plan imposed on Religare Finvest

The Reserve Bank of India (RBI) has lifted the Corrective Action Plan (CAP) imposed on Religare Finvest Ltd (RFL), effective immediately, after noting...

RBI seeks to tighten norms for digital banking

New rules will prohibit banks from promoting third-party products on their digital channels, including those from their affiliates. Any new digital in...

US court to decide if climate collapse is 'unconstitutional'

Is "drill, baby, drill" compatible with "life, liberty, and the pursuit of happiness"? "We're trying to make sure that the right to life really extend...

Apple cites Supreme Court's birthright ruling in fight over Epic Games injunction

Apple is leveraging a recent Supreme Court ruling to bolster its appeal against a court order mandating App Store changes. The tech giant argues that ...