The Gurugram Cyber Police (West) have arrested four men for defrauding a local resident of ₹1.19 crore. The syndicate lured the victim with promises of recovering funds…

The Parliamentary Committee on Public Undertakings (CoPU) has recommended a series of structural reforms for India’s insurance sector, calling on the regulator to expedite the transition to…

CreditAccess India B.V. (CAI), the Netherlands-based promoter of India’s largest pure-play microfinance institution CreditAccess Grameen (CAG), has sold a 2.28% stake in the listed lender through open-market…

Non-banking financial company-microfinance institution (NBFC-MFI) Muthoot Microfin Limited is deferring its upcoming overseas debt fundraising plans via External Commercial Borrowings (ECB) pending regulatory responses from the Reserve…

In a move aimed at boosting foreign exchange inflows, the Reserve Bank of India (RBI) has notified that bank loans granted against fresh Foreign Currency Non-Resident (Bank)…

The Pension Fund Regulatory and Development Authority (PFRDA) has granted approval to four new pension fund managers, expanding the total count of registered pension funds under its…

Global audience measurement leader Nielsen has entered into a definitive agreement to acquire digital ad verification and analytics platform DoubleVerify (DV) in an all-cash transaction valued at…

In a significant regulatory setback for the Burman family-backed financial services firm, the Reserve Bank of India (RBI) has turned down Religare Enterprises Limited’s (REL) proposed corporate…