IDBI Bank Sale to Fairfax Marks Landmark Shift in Banking
The Union Cabinet’s approval of the proposed sale of a 60.72% stake in IDBI Bank to Fairfax Financial Holdings has
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foreign investment
$6 Billion IDBI Deal Signals Strong Global Appetite for India
The proposed sale of a controlling stake in IDBI Bank to Canada’s Fairfax Financial Holdings for nearly $6 billion is
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Finance Minister Pitches India Investment Opportunities to Global Leaders
Finance Minister Nirmala Sitharaman held a series of meetings with senior executives of global financial institutions and investment firms in
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JPMorgan Targets Wholesale Banking Growth in India
Rahul Badhwar, who became JPMorgan’s Senior Country Officer for India in July 2026, is looking to expand the bank’s wholesale
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India’s Overseas Investments Surge Amid Record Outbound Commitments
India’s overseas investment landscape is witnessing a notable surge, with record outbound commitments reflecting the expanding global footprint of Indian
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MUFG Invests ₹4,300 Crore in Shriram Finance
Japan’s banking major Mitsubishi UFJ Financial Group (MUFG) has announced an investment of ₹4,300 crore in Shriram Finance, reinforcing its
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Indian rupee continues to fall against US dollar: What determines exchange rate?
The Indian rupee’s exchange rate against the US dollar breached the 85-mark last week. In other words, one would have
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RBI extends cut-off for filing master form
Reserve Bank of India has extended the deadline for filing of a single master form—that seeks to consolidate all foreign
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