financial services


US Private Fund Industry Bodies Sue SEC Over New Disclosure Rules

Markets - Published date: .

A coalition of six US trade bodies representing hedge funds and private markets firms have filed a suit against the Se... Read more

Deep Dive: Tokenisation Represents 'paradigm Shift' For Asset Management

Markets - Published date: .

Assets managers are already seeing the potential benefits of tokenisation to "transform the fund management industry",... Read more

FCA Mandates Data Reporting On Crypto Transfers

Markets - Published date: .

Firms will have to collect and transmit data on cryptocurrency transfers under new rules from the Financial Conduct Au... Read more

Binance Sued By SEC Over 'variety Of Securities Law Violations'

Markets - Published date: .

The Securities and Exchange Commission has sued crypto exchange Binance over a litany of securities law violations, al... Read more

International Regulatory Group Unveils First Set Of Global Rules For Crypto Industry

Markets - Published date: .

The International Organisation of Securities Commissions (IOSCO) has proposed the first set of global rules for the cr... Read more

Razorpay Joins Hands With ONDC To Offer Payment Reconciliation Service

Banking - Published date: .

With this, the Tiger Global-backed firm has become the first payment gateway to launch a Payment Reconciliation Service ... Read more

TCS Best Place To Work In India, Esports Platforms Make It To Top List

Banking - Published date: .

There has been an emergence of new players, with 17 out of 25 companies debuting in the list Read more

RIL Shareholders To Meet On May 2 On Demerger Of Financial Services Biz

Banking - Published date: .

Groundwork to create financial behemoth Read more

HCLTech Launches Service To Help Companies Use Metaverse For Customers

Banking - Published date: .

Platform will serve financial services, telecom, manufacturing healthcare and other sectors Read more

Bank Of Baroda Raises Interest Rates On Retail Term Deposits By 25 Bps

Banking - Published date: .

Bank of Baroda has increased interest rates on domestic retail term deposits, including NRO and NRE term deposits, by 25... Read more

NatWest Limits Crypto Payments To Fight Scammers

Markets - Published date: .

NatWest Bank has imposed daily and monthly limits on payments it will allow to cryptocurrency exchanges, in a bid to s... Read more

Japan's NTT Sees India Business Growing To $1 Bn, Commits Investments

Banking - Published date: .

The company currently has 11 operational data centres with six more soon to be added and three are under construction Read more

Paytm Logs 89 Mn Monthly Transacting Users, GMV Grows 44% To Rs 1.2 Trn

Banking - Published date: .

The company continues to dominate the offline payments market with 6.1 million merchants now paying subscriptions for pa... Read more

Digital Pound Could Launch Within Ten Years Under Treasury And BoE Plans

Markets - Published date: .

Plans for a digital UK currency are being considered by the Treasury and Bank of England under a consultation launched... Read more

Creditors Of IL&FS Financial Services To Get Rs 3,200 Cr Interim Payout

Banking - Published date: .

IL&FS Financial Services' creditors, including 28 lenders and debenture holders, will get an interim amount of Rs 3,... Read more

Interest Rate Hikes, Global Inflationary Pressures May Impact Demand: JLR

Banking - Published date: .

Hike in interest rates by central banks globally is expected to enhance financing costs for consumers and could impact f... Read more

Paytm Bank Gets RBI Nod To Operate As Bharat Bill Payment Operating Unit

Banking - Published date: .

So far, Paytm Payments Bank Ltd (PPBL) has been undertaking this activity under in-principle authorisation from RBI Read more

Paytm To Be Key Beneficiary Of Govt's UPI Incentive Scheme: Morgan Stanley

Banking - Published date: .

The Union Cabinet on Wednesday approved the incentive scheme of Rs 26 billion for promotion of RuPay Debit Cards and low... Read more

BoE's Cunliffe: FTX Collapse Demonstrates Need For Crypto Regulation

Markets - Published date: .

The collapse of FTX provides a “compelling demonstration” of why greater regulation of the cryptoassets space is n... Read more