MUMBAI: Bain Capital will need to address its holdings in Tyger Capital and Tyger Housing Finance, acquired from the Adani group, to meet regulatory pre-conditions set by RBI for completing its proposed acquisition of joint control in Manappuram Finance, according to disclosures after the central bank granted approval.RBI has cleared Bain entities to acquire up…
Mumbai: Bank credit growth continued to outpace deposit mobilisation this financial year, tightening system liquidity even as lenders step up loan disbursements. By Jan-end 2026, the incremental credit-deposit (CD) ratio had climbed to 96.9%, sharply higher than the outstanding CD ratio of 82.3%, indicating that banks lent out nearly Rs 97 for every Rs 100…
Traditional finance giant Apollo Global Management Inc. has signed a partnership agreement with decentralized lending platform Morpho to take a significant stake in the project and help support its blockchain lending infrastructure. The move was announced on Friday by the Morpho Association, the nonprofit organization behind the decentralized finance (DeFi) platform. The partnership, or “cooperation…
NEW DELHI: Congress dissociated itself from party veteran Mani Shankar Aiyar after his remarks wishing a return of Left govt in Kerala caused unease in party ranks.Party spokesman Pawan Khera said, “Mani Shankar has had no connection whatsoever with Congress for past few years. He speaks and writes purely in personal capacity.”Congress general secretary Jairam…
NEW DELHI: The India-US trade deal goes some way to alleviate stress on Indian exports but there are “plenty of unknowns” and leaves questions unanswered, says an analysis by Moody’s Analytics, an arm of Moody’s.“The deal assumes that India will end its purchase of Russian oil, but there has been no confirmation from India,” said…
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NEW DELHI: The opposition’s notice for a resolution for Speaker Om Birla’s removal is likely to be taken up in Lok Sabha on the first day of the Budget session’s second part on March 9, parliamentary affairs minister Kiren Rijiju said on Sunday, as govt looks to get on with its legislative agenda in the…
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