Anjali Singh &Amp;Amp; Subrata Panda

Stories by Anjali Singh &Amp;Amp; Subrata Panda

Blackstone to invest Rs 6,200 crore for 9.99% stake in Federal Bank

Blackstone to invest Rs 6,200 crore for 9.99% stake in Federal Bank

Rediff.com   25 Oct 2025

Private-sector lender Federal Bank on Friday announced that New York-based Blackstone will invest Rs 6,196.51 crore in the bank through its affiliate Asia II Topco XIII Pte Ltd via a preferential issue on a private placement basis.

RBI proposes to allow banks to fund acquisitions

RBI proposes to allow banks to fund acquisitions

Rediff.com   25 Oct 2025

Banks will be able to give loans to Indian companies for acquiring the entire equity stake or a controlling part of it in domestic or foreign firms as strategic investment that creates long-term value rather than for short-term financial restructuring if the Reserve Bank of India's (RBI's) draft circular, issued on Friday, comes to fruition.

Hybrids outpace petrol, EVs for buyers, shows survey

Hybrids outpace petrol, EVs for buyers, shows survey

Rediff.com   17 Oct 2025

Grant Thornton Bharat's latest survey indicates that hybrids are set to consolidate market share this festive season, bridging the gap between conventional petrol engines and the emerging electric vehicle segment.

Recent RBI policies to help banks stay at equilibrium: Kamath

Recent RBI policies to help banks stay at equilibrium: Kamath

Rediff.com   17 Oct 2025

The recent policies that have been announced by the Reserve Bank of India (RBI) will allow banks to fully use its capital, funding profile to keep business at an equilibrium level, which otherwise was getting skewed towards retail, said K V Kamath, chairman, Jio Financial Services.

India Inc hits bond mkt to raise over Rs 17,500 cr

India Inc hits bond mkt to raise over Rs 17,500 cr

Rediff.com   15 Oct 2025

Indian corporates collectively raised over Rs 17,500 crore from the domestic debt capital market through bond issuances on Tuesday. The issuances were led by Bharti Telecom's Rs 10,500 crore fundraise in two tranches, the largest by an Indian company in the domestic market so far in FY26.

What Is Powering Mahindra's Bolero Run

What Is Powering Mahindra's Bolero Run

Rediff.com   9 Oct 2025

Between January and August 2025, over 65,000 units of the Bolero were sold, making it the third-highest contributor to Mahindra's overall SUV sales. Bolero annually achieves sales of over 1 lakh units.

RBI in no hurry to launch digital currency nationwide

RBI in no hurry to launch digital currency nationwide

Rediff.com   8 Oct 2025

The Reserve Bank of India (RBI) is in no rush to launch the central bank digital currency (CBDC) nationwide, as its most promising use case - cross-border payments - depends on other countries rolling out their own CBDCs simultaneously for the system to work effectively. That said, the CBDC pilot is progressing well, with the user base in India expanding to about seven million, said RBI Deputy Governor T Rabi Sankar.

Hospital Fires Expose Alarming Safety Failures

Hospital Fires Expose Alarming Safety Failures

Rediff.com   8 Oct 2025

'Faulty alarms, delays in shutting off oxygen, poor electrical maintenance and staff untrained for emergencies. These are not isolated incidents but reflect a larger pattern of weak oversight.'

Banks can now fund India Inc's M&A drive

Banks can now fund India Inc's M&A drive

Rediff.com   2 Oct 2025

The Reserve Bank of India (RBI) on Wednesday met the long-standing demand of banks by allowing them to finance acquisitions by Indian companies, a move that also expands banks' capital market lending in the country.

Tata Capital eyes Rs 1.38 trn mcap in largest NBFC IPO

Tata Capital eyes Rs 1.38 trn mcap in largest NBFC IPO

Rediff.com   30 Sep 2025

Tata Capital is set to launch India's largest ever initial public offering (IPO) by a non-banking financial company (NBFC), valuing the Tata group firm at Rs 1.38 trillion. This will make the company India's fifth-most-valued NBFC after Bajaj Finance (Rs 6.12 trillion), Bajaj Finserv (Rs 3.2 trillion), Jio Financial Services (Rs 1.87 trillion), and IRFC (Rs 1.59 trillion).

UPI Boom Drives Down Cash Demand

UPI Boom Drives Down Cash Demand

Rediff.com   25 Sep 2025

UPI crossed 20 billion monthly transactions for the first time in August 2025, with a transaction value of Rs 24.85 trillion.

AHPI, Star Health in spat over cashless service

AHPI, Star Health in spat over cashless service

Rediff.com   15 Sep 2025

If cashless services are suspended, AHPI said, its member hospitals will continue to treat Star Health policyholders, but patients will have to pay upfront and later seek reimbursements directly from the insurer.

Patients to benefit from GST cut, but pharma firms may face margin pressure

Patients to benefit from GST cut, but pharma firms may face margin pressure

Rediff.com   12 Sep 2025

The rationalisation of goods and services tax (GST), announced on Wednesday, directly lowers the cost of everyday medical consumables, and also high-end therapies in oncology and rare diseases, helping reduce out-of-pocket patient expenditure and better adherence to medication.

Why Hospitals Are Spending Money On IT

Why Hospitals Are Spending Money On IT

Rediff.com   11 Sep 2025

60 per cent of hospitals are directing investments towards IT capability building, 50 per cent towards business intelligence tools and data lakes, and a significant share into AI-led use cases such as clinical documentation (72 per cent), decision support systems (64 per cent) and imaging (60 per cent).

'No Indian insurer can ignore bancassurance'

'No Indian insurer can ignore bancassurance'

Rediff.com   8 Sep 2025

'While we expand into other areas, banca remains our primary channel, and we continue to be a banca-led organisation.'

Tax cut may bolster credit growth in H2

Tax cut may bolster credit growth in H2

Rediff.com   5 Sep 2025

After a subdued first quarter of 2025-26 (Q1FY26), banks are now betting big on the festive season, rolling out attractive loan offers to boost credit growth in the second half of the current financial year (H2FY26) - a trend likely to be further accentuated by the second-order effects of the good services tax (GST) cuts.

India Inc lukewarm to bank loans

India Inc lukewarm to bank loans

Rediff.com   4 Sep 2025

Despite corporate bond yields hardening by 20-25 basis points, Indian corporates are not warming up to bank funding for their capital expenditure needs as bank lending rates remain elevated due to the higher cost of liabilities, compared to current rates in the debt capital market.

Can UPI Stay Free Forever?

Can UPI Stay Free Forever?

Rediff.com   2 Sep 2025

Several executives argue that UPI has the potential to grow tenfold, but warn that the absence of a monetisation model risks stagnating the real-time payments system, which has been recording all-time-high transaction volumes every year.

EV makers hope for festive spark to light up sales

EV makers hope for festive spark to light up sales

Rediff.com   27 Aug 2025

India may see its busiest EV festive season in 2025 with SUVs, luxury cars and scooters set to launch, but rare-earth supply bottlenecks risk delaying rollouts.

India Inc meeting capex need with own cash, says SBI chief C S Setty

India Inc meeting capex need with own cash, says SBI chief C S Setty

Rediff.com   26 Aug 2025

India Inc, which is sitting on cash balances of 13.5 trillion, is using the funds to meet capital expenditure as well as brownfield expansion, resulting in 'anaemic' demand for bank loans, State Bank of India (SBI) chairman CS Setty said at an event on Monday. He added that a slowdown in corporate credit is mainly due to lack of demand.