DOWNLOAD IPFS Punjab National Bank-backed housing finance firm PNB Housing Finance has initiated a search for a new Managing Director and Chief Executive Officer following the resignation of Girish Kousgi, effective October 28, 2025. The company confirmed that it is considering both internal and external candidates for the position. In[Read More…]

DOWNLOAD IPFS Non-banking financial companies (NBFCs) in India have urged the Reserve Bank of India (RBI) to lower the risk weight assigned to loans against property (LAP), arguing that such loans are asset-backed and carry lower risk compared to unsecured lending. Currently, bank loans to NBFCs, including those for LAP,[Read More…]

DOWNLOAD IPFS Aditya Birla Capital Limited (ABCL), the financial services arm of the Aditya Birla Group, posted a consolidated net profit of ₹835 crore for the quarter ended June 2025, marking a 10% increase from ₹759 crore in the same period last year. The company’s consolidated revenue from operations rose[Read More…]

DOWNLOAD IPFS Tata Capital Ltd., the financial services arm of the Tata Group, has filed its draft red herring prospectus with the Securities and Exchange Board of India (SEBI), marking the start of its highly anticipated initial public offering (IPO). The IPO will consist of a fresh issue of up[Read More…]

DOWNLOAD IPFS Kaynes Technology India’s subsidiary, Kaynes Circuits India, has signed a memorandum of understanding with the Tamil Nadu government to invest ₹4,995 crore in a new manufacturing facility in Thoothukudi. The project will focus on producing high-end electronic components, marking the state’s first large-scale venture into printed circuit board[Read More…]

DOWNLOAD IPFS India Post Payments Bank (IPPB) has introduced Aadhaar-based face authentication for digital transactions across the country, allowing customers to make payments without the need for one-time passwords (OTPs) or fingerprint scans. The new system enables users to verify their identity through facial recognition linked to their Aadhaar profile,[Read More…]