A “WOS” (Wholly Owned Subsidiary) of a foreign company in India is required to file a “BEN-2” form with the Registrar of Companies (RoC) to declare its “Significant Beneficial Owners” (SBOs) ...

Regulated by the Reserve Bank of India (RBI), these loans allow banks and Non-Banking Financial Companies (NBFCs) to lend up ...

The Board of Jio Financial Services at its meeting held on 04 March 2025 has approved acquisition of 7,90,80,000 equity shares of Jio Payments Bank (JPBL) from State Bank of India for an aggregate ...

India Posts Payments Bank (IPPB) has made a renewed pitch to convert into a Small Finance Bank (SFB). With a vast rural ...

The Unified Payments Interface, or UPI payments system of India will be rolled out in Qatar after successful testing.

India's Jio Financial Services will buy shares it did not already own in its joint venture for 1.05 billion rupees ($12.03 ...

Jio Financial Services (JFS) is acquiring the entire stake of the State Bank of India (SBI) in its subsidiary Jio Payments ...

The acquisition is subject to approval of Reserve Bank of India and is expected to be completed within 45 days post receipt ...

Jio Financial acquires SBI's stake in Jio Payments Bank, becoming its sole owner, aiming to expand digital financial services ...

India's IIFL Finance has accepted bids worth $100 million for the reissue of its 8.75% 2028 dollar-denominated bonds, two ...

Cryptocurrencies have spread their popularity globally while establishing themselves in the Indian market. People wishing to ...

PayPal-backed Mintoak acquires Digiledge for $3.5M, marking India’s first CBDC-related deal, to enhance digital payment solutions for SMEs.