After independence, under the first 5-year plan’s push for rural development, the government nationalised the Imperial Bank.

The acquisition of shares was completed on Wednesday, June 4, 2025. The Central Bank of India bought 35,06,30,136 equity shares of Future Generali India Insurance Company for ₹ 451 crore.

Central Bank of India acquires Future’s stake in life, general insurance JVs with Generali for ₹508 crore The acquisition of 24.91% shareholding in general insurer FGIICL for ₹451 crore and ...

Bank frauds aren’t just rising—they’ve exploded. The total amount lost to fraud tripled in just a year, from ₹ 12,230 crore in 2023–24 to ₹ 36,014 crore in 2024–25.

Italian merchant bank Mediobanca said on Friday it would return 4.9 billion euros ($5.74 billion) to shareholders, mostly in cash, over three years to 2028 as it seeks to fend off a hostile bid ...

With a price band of Rs 700 to Rs 740 per share, the three-day issue includes a Rs 2,500 crore fresh issue and a Rs 10,000 ...

This is the first time the Reserve Bank of India has granted a large e-commerce player in India a non-bank finance company (NBFC) licence, allowing it to lend but not take deposits.

Explore HDB Financial's Rs 12,500 crore IPO backed by HDFC Bank, now SEBI-approved. Discover more about this much-anticipated ...

Monetary Easing by RBI: The Reserve Bank of India (RBI) began a monetary easing cycle in February and followed it up with another policy rate cut in April. The repo rate currently stands at 6%.

Nicola Fuchs-Schündeln is programme director of the macroeconomics and growth programme at the CEPR, chairwoman of the Review of Economic Studies, and elected fellow of the Econometric Society. She ...