'I remember you talking to me once...you said ICICI started HDFC. 'Why don't you come back home?' That was your offer,' Parekh said in interaction with Ex-ICICI CEO Chanda Kochhar.

However, when asked whether the NSE IPO could see the light of the day ahead of Diwali this year, the markets regulator chief declined to comment on any timeline. 

Parekh said the reverse merger was not a strategic move but largely influenced by regulatory pressures.

Donald Trump has once again publicly criticized Federal Reserve Chair Jerome Powell, calling for lower interest rates and even suggesting he might consider firing him. Trump's renewed attacks come despite the Fed's recent decision to ho ...more

India Post Payments Bank secured the Union Finance Ministry’s Digital Payments Award 2024-25 for its pivotal role in expanding access to digital transactions and promoting financial inclusion nationwide. Recognized for topping the DFS ...more

Earlier this week, the State Bank of India (SBI) reduced its lending rate by 50 basis points following the Reserve Bank's policy rate cut.  

The RBI, back in August 2021 has directed all banks to sign updated rental agreements  with their existing locker holders.

The rate cut aligns with the RBI’s cumulative 100 basis point repo rate reduction since February 2025 and is aimed at boosting housing demand and affordability.

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