Articles

  • 2 weeks ago | rediff.com | Anupreksha Jain

    'Self-declaration from the customer in case of no change in KYC information or change only in the address details may be obtained.'Kindly note this image has been posted only for representattiponal reasons. The Reserve Bank of India has directed regulated entities to continue allowing transactions for individual 'low-risk' customers, while ensuring their Know Your Customer (KYC) details are updated by June 30, 2026 or within one year of falling due, whichever is later.

  • 3 weeks ago | business-standard.com | Anupreksha Jain

    The focus of L&T Finance is to expand its footprint in the eastern part of the country, setting up branches in West Bengal and Orissa, said Sudipta Roy, MD & CEO, L&T Finance in a face-to-face interview with Anupreksha Jain in Mumbai. He said that the transfer of the gold business of Paul Merchants Finance will be completed by June 15. Edited excerpts:

  • 3 weeks ago | rediff.com | Anupreksha Jain

    'Afterwards, some improvement is expected.'Following Canara Bank's earnings in the fourth quarter of 2024-25 (Q4FY25), K Satyanarayana Raju, MD & CEO of the bank, in an interview with Anupreksha Jain/Business Standard in Mumbai talks about the bank's performance during the period and outlined the strategic approach being adopted across various segments in the current financial year (FY26). How do you see your margin trajectory evolving going forward, especially considering the dip observed in Q4?

  • 1 month ago | business-standard.com | Anupreksha Jain |Subrata Panda

    The Reserve Bank of India's (RBI's) embargo on IIFL Finance was a "wake up" call for the lender and it used the opportunity to elevate its compliance, governance and control frameworks, said Nirmal Jain, founder and managing director (MD), in an interview with Anupreksha Jain and Subrata Panda, in Mumbai. He also shared the lender's strategies and growth plans for 2025-26 (FY26). Edited excerpts:

  • 1 month ago | rediff.com | Abhijit Lele |Anupreksha Jain

    'Bank has enabling provision to raise capital up to Rs 7,500 crore over a longer period of time.'"Profitability would be sustained this year as we expect improvement in net interest income," Debadatta Chand, MD and CEO, Bank of Baroda, tells Abhijit Lele and Anupreksha Jain/Business Standard. Net profit for Q4 grew, albeit marginally, despite a fall in the net interest income, as the other income provided the support. What is your outlook on treasury income going forward?

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