Banking FDI Falls to $115 Million in FY25
Foreign investment in India’s banking sector has slowed sharply over the past two years. FDI equity inflows fell from $898 million in FY23 to just...
Tag : Banking Sector
China Probes Banks as Underwriting Fees Drop Below $100 Amid Price War
Underwriting fees in China’s bond market have fallen to shockingly low levels—under $100, triggering a regulatory probe into some of the country’s top investment banks....
FM Sitharaman Highlights Roles of Banking Sector in India’s Economic Growth
On Friday, the 75th annual meeting of the Indian Bank’s Association was held in Mumbai. The Union Finance Minister Nirmal Sitharaman was addressing and highlighted...
Axis Bank to Acquire Over 5% Stake in Fintech Platform CredAble
On Wednesday, Axis Bank will acquire the number of equity shares, 8,921 of the face value of Rs 10 each, which represents 5.09 per cent...
Passenger Vehicle Sales Slump 31% In July
Country’s passenger vehicle sales fell for the ninth straight month in July, as per auto industry body, amid a deepening crisis in the country’s automobile...