The RBL Bank board will meet on October 18 to consider raising funds through preferential share issuance

The board will also consider approving the bank’s results for the quarter ending September 2025 RBL Bank’s board of directors will meet on October 18, 2025 to consider raising funds through issuance of equity or equity-linked instruments or securities, on a preferential issue basis or a private placement basis, according to a stock exchange filing. […]

‘We have three or four things in place to bridge the negative impact of GST’

MD & CEO of HDFC Life InsuranceVibha Padalkar Photo Credit: HDFC Life Insurance is confident that negative impact of GST rate cut on premiums on margins will be reduced to zero in the coming quarters, says MD & CEOVibha Padalkar. She says the company will try to reduce costs on things that attract GST. Edited […]

CoinDCX Secures New Funding from Coinbase Amid the $6.4 Billion Indian Crypto Market Boom

Coinbase is a leading platform for the global onchain economy, helping millions of users in more than 100 countries access, trade and manage digital assets Coinbase has agreed to invest in CoinDCX. This investment round is a follow-up to the last fundraising round. Once completed, CoinDCX’s post-money valuation will be $2.45 billion. Hashed Emergent’s India […]

Universal Sompo General Insurance has partnered with AP Grameena Bank

Universal Sompo General Insurance Company has entered into a partnership with Andhra Pradesh Grameena Bank (APGB) to offer a wide range of general insurance products across all 26 districts of Andhra Pradesh. APGB operates through a strong network of 1,351 branches and serves the rural and semi-urban population of the state. With a mission to […]

Axis Bank Q2 PAT fell 26% on higher operating costs, muted core revenue growth

The lender’s net interest income (NII) or core income grew 2 percent year-on-year to ₹13,745 crore | Photo credit: Private sector major Axis Bank on Wednesday kicked off the Q2 2026 earnings season for the banking sector, reporting a 26 per cent year-on-year decline in net profit to ₹5,090 crore, due to one-time provisioning for […]

Standard Chartered, BoI provides $215 million term loan to AI Fleet Service IFCS

AIFS is an Air-India leasing company based in Gujarat International Finance Tec-City Standard Chartered and Bank of India (BoI) on Wednesday announced a $215 million term loan facility to AI Fleet Services IFSC Ltd (AIFS) to finance six Boeing 777-300 ER aircraft, which it will lease to Air India. AIFS is an Air-India leasing company […]