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News

@bsindia
business-standard.com-standard.com

Tata Sons to take up top leadership, IPO issues on Sep 17 after RBI missive

21+ hour, 56+ min ago   (122+ words) Board members could back a third term for Tata Sons Chairman N Chandrasekaran. The support is believed to have been strengthened after the RBI directive Tata Sons to take up top leadership, IPO issues on Sep 17 after RBI missive Board…...

@bsindia
business-standard.com-standard.com

IBBI seeks to boost safeguards in personal guarantor resolution process | India News

22+ hour, 36+ min ago   (665+ words) Regulator IBBI has proposed changes to the norms governing the insolvency resolution process for personal guarantors to corporate debtors, including the exclusion of related parties of the guarantor from voting on the repayment plan. Besides, the watchdog plans to make…...

@bsindia
business-standard.com-standard.com

Indian banks bet on AI but hold back on scale amid deployment concerns

1+ day, 2+ min ago   (135+ words) When it comes to end-to-end operational workflows or high-consequence decision-making, deployment drops off sharply Artificial intelligence (AI) has crossed the threshold from experimentation to daily operations in Indian banking As many as seven out of 10 chief data officers (CDOs) report…...

@bsindia
business-standard.com-standard.com

Regulatory clarity | Editorial Comment

1+ day, 17+ min ago   (160+ words) In a letter dated September 11, 2026, the RBI informed Tata Sons that the deregistration application had been rejected after the regulator had examined several aspects The long-awaited regulatory clarity on the issue of stock-exchange listing of Tata Sons must be welcomed…...

@bsindia
business-standard.com-standard.com

HDFC Bank's board approves two names for MD&CEO, sends shortlist to RBI

2+ day, 4+ hour ago   (326+ words) The bank did not disclose the shortlisted candidates. Also, the board inducted Jimmy Tata as executive director and said it would add a whole-time director position as part of succession planning The board of India’s largest private sector lender,…...

@bsindia
business-standard.com-standard.com

RBI asks Tata Sons to go in for immediate stock market listing

2+ day, 4+ hour ago   (373+ words) RBI has rejected Tata Sons’ application seeking exemption from the core investment company category and asked the Tata group holding company to proceed with an immediate stock market listing. (File photo of Bombay House) The Reserve Bank of India (RBI)…...

@bsindia
business-standard.com-standard.com

HSBC's first female CFO Pam Kaur to step down from role in 2027 | World News

3+ day, 22+ hour ago   (376+ words) HSBC said its board has started to ​look for a successor, and will consider "both internal and external candidates". HSBC Chief Financial Officer Pam Kaur plans to step down in 2027, the bank said on Thursday, the latest high-profile executive departure…...

@bsindia
business-standard.com-standard.com

Fintechs should treat customer data as fiduciary responsibility: RBI Guv

4+ day, 12+ hour ago   (504+ words) RBI Guv asks fintechs to treat customer data as fiduciary responsibility Business Standard...

@bsindia
business-standard.com-standard.com

RBI plans to drain ₹5 trillion via 26-day liquidity mop-up auction

4+ day, 42+ min ago   (350+ words) Central bank will conduct a 26-day VRRR auction on Friday to absorb surplus banking-system liquidity; funds placed in the auction will be reversed on October 7 The Reserve Bank of India plans to conduct a 26-day variable rate reverse repo (VRRR)…...

@bsindia
business-standard.com-standard.com

Datanomics: NBFC asset quality improves but trails banks' performance

4+ day, 12+ hour ago   (196+ words) Business Standard Non-banking financial companies (NBFCs) should prioritise asset quality over loan growth, Reserve Bank of India (RBI) Deputy Governor Shirish Chandra Murmu recently said, citing their role in extending credit to underserved communities NBFCs’ overall gross non-performing assets as…...