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Personal Finance / Business Standard

Chola targets 20-23% AUM growth in FY27, plans 5,000 crore QIP fundraise

Cholamandalam Investment expects 20-23 per cent AUM growth in FY27 and plans a 5,000 crore QIP, as its second-quarter net profit rises 41 per cent to 1,630 crore

29 Oct 2026 7:48 pm
India Inc's ECB, FCCB fundraising proposals rise to $8.13 bn in August

Indian companies filed proposals to raise $8.13 billion through ECBs and FCCBs in August, up from $7.70 billion in July, with Flipkart, PFC and other major firms among applicants

29 Oct 2026 7:46 pm
UK salary and per diem: When can Indians claim tax relief in India?

Tribunal ruling in New Delhi offers relief on a Rs 16.17 lakh allowance, but employees must establish their tax residency and eligibility under the India-UK tax treaty

29 Oct 2026 4:48 pm
Equitas SFB CEO P N Vasudevan resigns over perceived conflict of interest

Vasudevan says investor concerns over his daughter's association with an NBFC have weighed on the bank's stock performance; he will continue until a successor takes charge

29 Oct 2026 4:48 pm
Rupee hits 2-week low on 'sticky' dollar bids, modest intervention cushions

Dollar demand around the RBI's reference rate and likely overseas debt repayment outflows weighed on the rupee, while central bank intervention helped limit losses, traders said

29 Oct 2026 12:40 pm
PhonePe rebrands Indus Appstore, expands into digital goods and webstore

The app marketplace, now present on more than 200 million devices through OEM partnerships, is adding gift cards, top-ups and a webstore as it seeks to broaden its reach among consumers and developers

28 Oct 2026 5:20 pm
Undisclosed foreign assets? Check if you qualify for Rs 1 lakh scheme

FAST-DS 2026 offers eligible taxpayers a one-time route to disclose foreign assets, with fees and payment rules varying by category

28 Oct 2026 2:31 pm
BFSI Insight Summit 2026: 'Real-time fraud check key in digital payments'

At the BFSI Insight Summit 2026, payments leaders called for AI-driven fraud detection, real-time risk scoring and greater industry collaboration to tackle rising digital payment scams

27 Oct 2026 11:31 pm
IndusInd Bank launches dedicated banking vertical for GCCs in India

IndusInd Bank on Monday launched a new banking vertical for Global Capability Centres (GCCs) by bringing together corporate and employee banking capabilities. India now has 2,117 GCCs and the ecosystem has grown 32 per cent since FY 2021 -- underscoring the country's growing importance as a global capability hub. IndusInd Bank said that by bringing together corporate and employee banking capabilities under a dedicated GCC relationship model, the bank offers a more integrated and specialised appr

28 Sep 2026 1:52 pm
All eyes on Warsh as rate-hike fever spreads across G7 central banks

3 decisions, starting with the Federal Reserve on Wednesday and followed on successive days by peers in the UK and Japan, may recast the global monetary policy landscape for rest of 2026 and beyond

13 Sep 2026 8:08 am
S&P assigns 'BBB' rating to BoI on sufficient capitalisation, solid funding

S&P Global Ratings on Tuesday assigned 'BBB' long-term rating to Bank of India (BoI) on sufficient capitalisation, solid funding, and healthy liquidity. The US-based agency said the ratings reflect the likelihood of extraordinary support for the state-run bank from the government, if needed. The long-term rating on BoI is one notch above its assessment of the stand-alone credit profile (SACP) for the bank, S&P said while assigning its 'BBB' long-term and 'A-2' short-term issuer credit ratings to

8 Sep 2026 1:36 pm
Karnataka Bank launches Capital Gains Account Scheme

Karnataka Bank has launched the Capital Gains Account Scheme (CGAS), offering customers a convenient and compliant banking solution to deposit unutilized capital gains while planning eligible reinvestments under the provisions of the Income-tax Act.

28 Aug 2026 2:50 pm
India's Gen Z turns to crypto as gateway to investing, WazirX data shows

India's Gen Z is entering financial markets earlier and increasingly using cryptocurrency as a gateway to investing, while showing a preference for diversified portfolios and a willingness to stay invested through market volatility, data from crypto exchange WazirX showed. Nearly 44.4 per cent of Gen Z investors on the platform began their investment journey through crypto, suggesting that a large share of young investors are entering financial markets through digital assets rather than adding c

13 Aug 2026 3:21 pm
Govt approves introduction of one billion polymer banknotes of 10 and 20

The polymer banknotes will be issued alongside paper-based notes, with the procurement process currently at an initial stage, the government said

11 Aug 2026 2:50 pm