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RBI proposes allowing lenders to acquire immovable assets only after NPA

RBI proposes draft norms allowing lenders to acquire collateral assets only after loans turn NPAs, aiming to improve recovery outcomes while ensuring transparency and prudence

Kumar Mangalam Birla appointed as Non-Executive Chairman of Vodafone Idea

Board appoints KM Birla as Non-Executive Chairman as Vodafone Idea benefits from AGR relief and prepares for fundraising and network expansion

Poonawalla Fincorp's Q4FY26 results: Net profit jumps 4x to ₹255 crore

Poonawalla Fincorp reports over fourfold rise in Q4FY26 net profit, supported by strong NII growth and nearly 70% increase in assets under management

Bondada Engineering eyes ₹10,000 cr investment for 25 GW RE, data centres

Bondada Engineering plans Rs 10,000 crore investment to build 25 GW renewable capacity and expand into data centres and defence manufacturing by 2030

Wadia Group's Bombay Realty launches luxury project in Mumbai's Dadar

Wadia Group's Bombay Realty unveils THREE ICC in Dadar, offering premium residences with strong connectivity as demand for luxury housing grows in Mumbai

RBI cautions against unauthorised campaigns promising loan waivers

RBI warns borrowers against fraudulent loan waiver claims, urging them to approach authorised lenders directly and avoid misleading campaigns that may cause financial loss

Aditya Birla Capital Q4 FY26 results: Net profit jumps 30% to ₹1,124 crore

Total income for the quarter increased to Rs 13,475.74 crore from Rs 12,238.92 crore a year earlier, the company said

Vodafone Idea taps into multi-million-dollar micro-drama market

Vi Movies & TV to offer short content free for subscribers in tie-up with OTT player Bullet

Light-touch supervision may mask risks, warns RBI's Swaminathan J

RBI Deputy Governor Swaminathan J cautions that weak supervision may fuel short-term growth but conceal risks, with long-term costs borne by depositors, taxpayers, and the broader economy

Rohit Jain appointed RBI Deputy Governor for 3 yrs, to succeed Rabi Sankar

Jain has, over a span of about three decades, served in supervisory, human resource management, banking, and other areas in the Reserve Bank

Infosys appoints Nitin Paranjpe as non-executive vice chairman

IT major elevates independent director to board role; also reclassifies Shreyas Shibulal and spouse as public shareholders following their request

BOI to raise up to Rs 7,500 crore through Tier I, Tier II bonds in FY27

Bank of India plans capital raise through Basel III-compliant Tier-I and Tier-II bonds to strengthen its capital base

India emerges as largest market for ChatGPT Images 2.0 within a week

Within a week of launch, Indian users are driving adoption of OpenAI's image tool, using it for anime portraits, fashion concepts and creative storytelling beyond productivity use

Consider corporate fixed deposits if you want to boost your returns

If you are a conservative investor who invests primarily in bank fixed deposits but wants to boost your returns by 1-2 percentage points, consider investing in a corporate fixed deposit

RBI allows banks to implement suo motu loan resolution in calamities

RBI has allowed banks to implement suo motu loan resolution for borrowers affected by natural calamities, setting timelines for invocation and completion

Dhan rolls out 'Gold Vault' with MCX-linked pricing; MMT eyes India listing

From Dhan's Gold Vault launch to MakeMyTrip's India listing plans, markets see fresh momentum across commodities, IPOs, and index-driven inflows

Sebi sets deadlines for advisers to verify past performance data

Sebi has operationalised the PaRRVA framework, mandating advisers and analysts to verify past performance and standardise how risk and return metrics are shared with clients

South Coast Railway zone to be notified in June: Ashwini Vaishnaw

The minister indicated that this development marks a significant step toward strengthening Railway Administration in Andhra Pradesh

Sebi extends ring-fencing deadline for DTs; Peak XV exits MobiKwik

The transaction marks the firm's complete exit from the Gurugram-based fintech, where it was an early institutional investor

Centricity WealthTech names Kartik Kini to lead strategy for Invictus unit

Firm bolsters push into high-net-worth segment with senior hire and expanded leadership team