A channel partner is an organization that partners with a manufacturer or producer to market the products, services, or innovations of the manufacturer and sell them. Typically, this is achieved in a partnership of co-branding. Acknowledge that...

The Reserve Bank of India (RBI) on Wednesday directed non-banking financial companies (NBFCs) as well as urban cooperative banks (UCBs) to implement a risk-based internal audit (RBIA) system. All non-deposit taking NBFCs that have the asset size...

Hit by higher provisions and slower net interest income growth, the State Bank of India, which is the country’s largest lender, on Thursday reported a 6.93 percent year-on-year decline in standalone profit at Rs 5,196.22 crore for the...

Markets regulator SEBI has ordered attachment of bank accounts as well as shares and mutual fund holdings of an individual to recover dues totalling over Rs 53 crore. The recovery proceedings have been initiated against Arun Panchariya after he...

Customers are the king in any business and having a solid customer base is crucial when it comes to ensuring the success and failure of a business. With more and more companies starting to mushroom in all the industry verticals, it is becoming...

The Supreme Court on Tuesday ordered that Rs 9,122 crore will be disbursed within three weeks to the unitholders of Franklin Templeton’s six mutual fund schemes which are proposed to be wound up. A bench of Justices S A Nazeer and Sanjiv...

While granting interim relief to Amazon, the Delhi High Court on Tuesday directed the Future group to maintain a status quo with regard to its deal with Reliance Retail. While directing Future group to place on record the actions taken by them...

HDFC Bank said last month it has provided a remedial plan on its e-banking outages to the regulator and expects its strategies to take shape in 10-12 weeks. In December, RBI ordered HDFC Bank to halt its digital banking initiatives and freeze...

The government will continue on the path of fiscal consolidation, reaching a budget deficit of less than 4.5% of gross domestic product (GDP) by 2025-2026, Finance Minister Nirmala Sitharaman said in her budget speech. The government expects a...

All industries were devastated by the COVID-19 pandemic, but it is the Micro Small and Medium Enterprises (MSME) sector that is said to have borne the full brunt of the pandemic. The MSME sector has faced a major liquidity and supply crisis,...