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RBI approves appointment of Kaizad Bharucha as deputy MD of HDFC Bank

Central bank also approves Bhavesh Zaveri's appointment as private lender's executive director

Open to negotiate after auction, lenders tell Reliance Cap bidders

They decided that they reserve the right to negotiate with the bidders even after the second auction is over

No need to activate countercyclical capital buffer for banking system: RBI

Credit to GDP gap is the difference between credit-to-GDP ratio and the long term trend value of credit-to-GDP ratio at any point in time, according to RBI

National Stock Exchange issues framework for appointing forensic auditor

The auditors will be required to submit the quotations within five working days

ICICI Prudential Life's net profit rises 27% in Q4; VNB jumps 36%

It has also reported a significant increase in its VNB margins from 28 per cent in FY22 to 32 per cent in FY23

Cube Highways and Infra InvIT raises Rs 5,226 cr from BCI, Mubadala

Canadian pension investment manager British Columbia Investment, Abu Dhabi's sovereign investor Mubadala and domestic institutional investors subscribed to the offering, the company said in a release

HSBC India ropes in former India skipper Virat Kohli as brand influencer

Lender says it is keen to grow in India and has doubled down on the opportunities that the country has to offer

Mankind Pharma's Rs 4,326-crore initial public offering to open April 25

The offering is entirely a secondary share sale by promoters, global private equity firm Cairnhill and some other investors of the firm

Zomato tells BSE most Blinkit stores have reopened after wage protests

Strike by delivery partners of grocery unit had no impact on operations or financial performance, says firm

Air France and KLM join 40 other global airlines on Verteil's NDC Platform

Verteil customers will have access to shopping, booking, fully automated services, and private/ negotiated fares, among other features and services offered by the airlines

Essar Oil appoints corporate governance expert Tony Fountain to board

He will chair board's health, safety, security and environment committee and be a member of another one

Shares of Avalon Tech slump more than 9% on debut, end at Rs 396.3

The firm's Rs 865-crore IPO-the biggest this calendar year-had garnered subscription of little over two times

RBI accepts Rs 5,500-cr bids at switch and conversion auction of govt bonds

As for floating rate bond (FRB) maturing in 2024, for conversion into paper to be redeemed in 2032

Invesco sells 5.11% stake in Entertainment Enterprises for Rs 1,004 crore

Among the buyers were Segantii India and Morgan Stanley, block deal data released by BSE showed

HAL, PFC lead race for MSCI index, Adani Total, Kotak Bank in focus too

Analysts predict both PSU stocks to rake in huge passive inflows; Adani Transmission and Indus Towers could get removed from index

UPI continues to dominate digital payments thanks to wide use of QR codes

According to a Worldline India report on India's digital payments, in 2022, UPI processed over 74 billion transactions, an increase of 70 per cent YoY

HDFC Bank Q4 net profit up 19.8% to Rs 12,047 cr on healthy loan growth

The bank's total balance sheet expanded by 19.2% to Rs 24.6 trillion

Renew Power planning to raise $400 mn in green bonds to refinance old loans

Early this month, Reliance Industries raised $5 billion for its telecom and new energy projects

Tamil Nadu BJP chief accuses Stalin of corruption; DMK says political stunt

State CM accused of taking a Rs 200-crore bribe from an Indo-European firm that sought a contract related to Chennai Metro Rail