Bs Reporter

RBI cautions public over fake loan waiver claims, fraudulent entities

RBI warns borrowers against fraudulent loan waiver claims, urging them to approach authorised lenders directly and avoid misleading campaigns that may cause financial loss

RBI rejigs portfolios of DGs; Rohit Jain takes charge as deputy governor

RBI reshuffles responsibilities among its four deputy governors after Rohit Jain assumes charge, assigning key roles across supervision, policy, markets, regulation, and technology

Light-touch supervision may mask risks, warns RBI's Swaminathan J

RBI Deputy Governor Swaminathan J cautions that weak supervision may fuel short-term growth but conceal risks, with long-term costs borne by depositors, taxpayers, and the broader economy

NCLAT quashes insolvency proceedings against Embassy Developments Limited

Bengaluru-based developer financially sound, says in statement

Rohit Jain appointed RBI Deputy Governor for 3 yrs, to succeed Rabi Sankar

Jain has, over a span of about three decades, served in supervisory, human resource management, banking, and other areas in the Reserve Bank

Infosys appoints Nitin Paranjpe as non-executive vice chairman

IT major elevates independent director to board role; also reclassifies Shreyas Shibulal and spouse as public shareholders following their request

BOI to raise up to Rs 7,500 crore through Tier I, Tier II bonds in FY27

Bank of India plans capital raise through Basel III-compliant Tier-I and Tier-II bonds to strengthen its capital base

India emerges as largest market for ChatGPT Images 2.0 within a week

Within a week of launch, Indian users are driving adoption of OpenAI's image tool, using it for anime portraits, fashion concepts and creative storytelling beyond productivity use

Consider corporate fixed deposits if you want to boost your returns

If you are a conservative investor who invests primarily in bank fixed deposits but wants to boost your returns by 1-2 percentage points, consider investing in a corporate fixed deposit

RBI allows banks to implement suo motu loan resolution in calamities

RBI has allowed banks to implement suo motu loan resolution for borrowers affected by natural calamities, setting timelines for invocation and completion

Dhan rolls out 'Gold Vault' with MCX-linked pricing; MMT eyes India listing

From Dhan's Gold Vault launch to MakeMyTrip's India listing plans, markets see fresh momentum across commodities, IPOs, and index-driven inflows

Sebi sets deadlines for advisers to verify past performance data

Sebi has operationalised the PaRRVA framework, mandating advisers and analysts to verify past performance and standardise how risk and return metrics are shared with clients

South Coast Railway zone to be notified in June: Ashwini Vaishnaw

The minister indicated that this development marks a significant step toward strengthening Railway Administration in Andhra Pradesh

Sebi extends ring-fencing deadline for DTs; Peak XV exits MobiKwik

The transaction marks the firm's complete exit from the Gurugram-based fintech, where it was an early institutional investor

Centricity WealthTech names Kartik Kini to lead strategy for Invictus unit

Firm bolsters push into high-net-worth segment with senior hire and expanded leadership team

Radisson partners Vihang for two hotel projects in MMR with ₹200 cr outlay

Two hotel projects in Thane and Mira Bhayandar to be developed with Rs 180-200 crore investment, targeting completion within three to four years

House of Hiranandani signs ₹3,000 crore redevelopment project in MMR

The project will include 380 homes for existing members, along with over 850 free-sale residences across about 7.6 lakh square feet of saleable carpet area

Media must uphold India's argumentative, dialogue-driven DNA: Shyam Saran

A monochromatic media environment, you are either a patriot or a traitor, Shyam Saran said in his keynote address at the 26th Business Standard-Seema Nazareth Award for Excellence in Journalism 2025

IIT Madras incubates 112 startups, files 431 patents in FY26 milestone year

IIT Madras incubates 112 start-ups and files 431 patents in FY26, reinforcing its leadership in deep-tech innovation and entrepreneurship under its Startup Shatam mission

Johnson Lifts acquires majority stake in Toshiba JV, boosts India presence

Johnson Lifts raises stake to over 80% in Toshiba JV, aiming to strengthen its position in India's premium elevator and escalator market with enhanced growth prospects