The Bank of India is preparing to issue Basel-III Tier-II bonds on September 13th in an effort to raise Rs 2,000 crore. These bonds have a tenure of 10 years and include a call option after 5 years.

Bain Capital, trading under the name BC Invsts intends to sell its ownership stake, in L&T Finance Holdings through block deals.

the beleaguered edtech startup BJYU’S has given a repayment plan to its lenders. The education technology firm has promised to repay its whole $1.2 billion term loan in less than six months.

The Reserve Bank of India (RBI) is gearing up to launch a Central Bank Digital Currency (CBDC) pilot program for interbank transactions in the call money market by October.

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The National Payments Corporation of India (NPCI) has recently unveiled a variety of payment choices, on the UPI platform.

Indian Banking System has shown an immense outbreak even post-pandemic. Indian banking Index, Bank Nifty was around 25000 in the Covid hit 2020 and today Bank Nifty is trading at

Paytm, a fintech company, unveiled the “Paytm card sound box” on Monday. This upgraded soundbox now accepts card payments in addition to mobile payments. The cost of the newly released smartphone is Rs 999.

New Zealand said on Tuesday that it would submit legislation for a digital services tax on large multinational businesses starting in 2025.

Reliance Capital has made a move by selling 45% of its subsidiary, Reliance Home Finance for Rs 54 crore. This sale will help the company in its efforts to recover

India is currently in the process of formulating a fresh EV or electric vehicle policy, with a specific focus on reducing import taxes for automakers willing to engage in local manufacturing.

Reliance Industries, a conglomerate is considering selling a 8 10% stake, in Reliance Retail Ventures. The purpose of this move is to fund expansion plans reduce debt and prepare for a listing.