Jana Small Finance Bank recognised 3 extraordinary women at the Financial Inclusion Conclave who have turned their adversity into an opportunity to become economically self-sufficient The Financial Inclusion Conclave organised by Jana Small Finance Bank in partnership with Times Network brought together policy makers and industry leaders on a singleRead More →

Back in 1969, I arrived for my first interview on Wall Street an hour early, because I didn’t want to be late. I sat in a Chock Full o’Nuts coffee shop nursing a cup of coffee, the one cup I could afford, checking my watch every couple of minutes. When 9:00Read More →

Mumbai: The Reserve Bank of India’s draft guidelines for ‘on tap’ licensing for ‘Small Finance Banks in the Private Sector’ proposed a minimum paid-up voting equity capital of Rs 200 crore to set up such entities. A small finance bank undertakes basic banking activities of accepting deposits and lending to unservedRead More →

May discuss revenue position, compensation framework for revenue shortfall The GST Council will interact with the Finance Commission during its September 20 meeting at Goa. This interaction assumes significance as the Finance Commission is expected to submit its report by November 30. It will suggest the formulae for the distributionRead More →

Ujjivan Small Finance Bank, a unit of non-bank lender Ujjivan Financial Services, has filed a draft prospectus with market regulator Sebi to float a Rs 1,200-crore initial public offering (IPO). Speaking with BTVI, Ittira Davis, MD & CEO at Ujjivan Financial Services, said the firm is targeting at the IPORead More →

The Waterloo Bridge area of London, home to Burford Capital UK, whose shares rose 13% on news of its governance changes. Photograph: Alamy Burford Capital is replacing its chairman and finance chief in an effort to appease shareholders after a US hedge fund made allegations of poor governance and murky accounting practices.Read More →

The Prime Minister’s Office (PMO) and the finance ministry are in talks over the foreign portfolio investments (FPI) surcharge issue, a government official told CNBC-TV18. After the Union Budget announcement in July, there was a meeting held by the finance ministry’s Department of Economic Affairs (DEA) where issues and representationsRead More →

The Competition Commission of India has approved Sundaram Finance (SFL)’s purchase of remaining equity stake in Sundaram BNP Paribas Home Finance (SBPHFL), a joint venture between SFL and BNP Paribas Personal Finance. Last month, SFL and BNP Paribas Personal Finance reached an agreement, under which BNP Paribas Personal Finance willRead More →