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CreditAccess Grameen gets more suitors
HDFC Bank and two global financial firms are exploring buying a stake in CreditAccess Grameen. Axis Bank is also in talks. CreditAccess India BV, the
Tax dispute with Indian authorities: Jane Street moves SC, seeks clarity on ‘legal privilege’
Jane Street has approached the Supreme Court. The company seeks clarity on legal protection for internal communications. This comes amid a dispute with Indian tax
Sale of fast-growing group credit life cover could be hit
Recent regulations from the Reserve Bank of India could dampen the momentum of credit life insurance, a product often paired with retail loans. The new
Agrochem stocks surge on strong Q3, trade deal
Agrochemical and animal-feed stocks rallied on Thursday following robust third-quarter earnings and reduced US tariffs. Avanti Feeds surged 20%, with Godrej Agrovet and Mukka Protein
RBI draft norms mandate disclosure, curb harsh loan recovery practices
The Reserve Bank of India has proposed draft guidelines directing banks and housing finance companies to follow stricter rules while using recovery agents. Banks must
IT stocks go into a tailspin as US data adds to AI disruption
Indian software services stocks experienced a significant sell-off, with the Nifty IT index dropping over 5% for the second time in under 10 days. Unexpectedly