Page 61 - Bs Reporter

RBI mandates reporting of digital lending apps via CIMS portal from May 13

RBI directs regulated entities to upload digital lending app data on the CIMS portal by June 15 to enhance transparency and streamline digital lending regulations

Wipro ropes in ex-Goldman Sachs exec Sandeep Dhar to lead GCC business

Dhar joins Wipro to head GCC practice, combining AI and consulting to help global firms scale innovation hubs as part of broader strategy to revive growth under Srini Palia

Parag Parikh Flexicap Fund first to reach Rs 1-trillion AUM in India

Canara Robeco Mutual Fund (MF) on Thursday lau­n­ched a multi asset allocation fund, which will across equity, debt and commodities

Govt asks social media platform X to block over 8,000 accounts in India

X says the Indian government has directed it to block over 8,000 accounts, warning of possible fines and jail time for non-compliance with executive orders

India will never stay silent in the face of terror, says Mukesh Ambani

In a statement, Ambani said that the Reliance family is ready to support any measure in protecting the nation's unity and integrity

Porter raises $200 mn in Series F round led by Kedaara and Wellington

Porter has raised $200 million in a Series F round led by Kedaara and Wellington to scale operations, deepen impact on MSMEs, and build a green logistics network

Kerala confirms another Nipah case in Malappuram's Valanchery district

A 42-year-old woman from Valanchery, Malappuram has tested positive for Nipah virus, marking Kerala's seventh reported case since the first outbreak in 2018

Centre asks OTT platforms to stop streaming content from Pakistan

"Several terrorist attacks in India have been established to have cross-border linkages with Pakistan-based State and non-State actors," the MIB said in its advisory

BSE urges market players to enhance cybersecurity amid rising threats

BSE has asked brokers and traders to assess their systems and implement cybersecurity measures in line with Sebi's CSCRF after a CERT-In warning on BFSI sector

HUDCO Q4 results: Net profit up 3.93% to ₹728 cr; NII jumps 26.3%

HUDCO reported Rs 727.74 crore Q4 profit for FY25 with improved net interest income and loan disbursements; board recommends Rs 1.05 final dividend per share

Amex, HSBC lead foreign banks in net credit card addition in FY25

The two banks added close to 325,000 new credit cards, with the overall banking industry adding 8 million credit cards in FY25

BSE profit soars 5x to ₹494 crore; dividend of ₹23/share declared

The surge in revenues was on the account of growth in transaction charges

Union Bank staff body seeks probe into India@100 book purchase deal

Union Bank of India employees' union flags large-scale book purchases of India@100 by IMF official Subramanian, questions approval process and demands disclosure

IFFCO-Tokio enters surety bonds business to support infra projects

IFFCO-Tokio joins a handful of insurers offering surety bonds to support small contractors and infrastructure projects as segment eyes Rs 3 trillion growth by 2030

Celcius Logistics raises ₹250 cr in Series B to expand to 1,000 cities

With the latest round, Celcius aims to scale its tech-enabled cold chain logistics, enter new sectors, and enhance its presence in over 1,000 cities across India

State Bank of India, Kotak Mahindra Bank shares fall on soft earnings

Shares of SBI closed at Rs 790 on the BSE while Kotak Mahindra Bank's shares closed at Rs 2,085.05

Bank of Baroda cuts home loan rates by 40 basis points for new customers

Bank of Baroda has cut home loan rates by 40 basis points, with revised rates starting at 8 per cent and linked to borrower credit scores; added concessions offered