India’s troubled Paytm is likely to partner with Axis Bank , HDFC Bank , State Bank of India and Yes Bank for processing transactions via the popular unified payments interface (UPI), two sources aware of the development said.
Portfolio investors have become extremely bearish about the outlook for U.S. gas prices, even though prices have already fallen to their lowest level in real terms since futures began trading in 1990.
India’s state-owned Canara Bank said on Monday it plans to split each share into five, to make them more affordable for retail investors and boost their shareholding.
Indian private lender Yes Bank will boost lending to small- and mid-sized companies as it tries to push up its return on assets (RoA), its chief executive officer said on Monday.
The Indian government expects its dividend income from the Reserve Bank of India for the current financial year ending March to stay at levels similar to the last financial year, a government source told reporters on Monday.
The outlook for global financial stability remains challenging given higher interest rates have yet to be fully felt, and that exposures to commercial real estate “bear close monitoring”, the G20’s risk watchdog said on Monday.
Abu Dhabi’s sovereign wealth fund Mubadala Investment Company(MUDEV.UL) has struck a $1 billion deal with Goldman Sachs to go after private credit deals in Asia, the companies said on Monday.
Fintech giant Ant Group has outbid billionaire Ken Griffin’s Citadel Securities for Credit Suisse’s investment bank venture in China, Bloomberg News reported on Sunday, adding it was unclear whether the Chinese company’s offer would succeed.
Blackstone Inc Chief Executive Steve Schwarzman took home $896.7 million in pay and dividends last year, a 29% decline from his record take in 2022, according to a regulatory filing on Friday.
