Findi, through its majority-owned Indian Subsidiary Transaction Solutions International (India) Pvt Ltd (TSI), today announced that it has received RBI’s approval to acquire 100% stake in Tata Communications Payment Solutions Ltd (TCPSL), a wholly owned subsidiary of Tata Communication.The acquisition deal, initially announced in November 2024, has been signed for a total consideration of ₹330 crores […]
Ujjivan Small Finance Bank (Ujjivan), one of the leading small finance banks has announced today the submission of the application for Universal Banking licence to the Reserve Bank of India (RBI). This step aligns with the Bank’s long-term vision to strengthen its offerings and its position in the sector. The Bank has consistently demonstrated strong […]
The new budget prioritises non-inflationary growth through careful fiscal management, with the government’s entire borrowing channelled exclusively into capital expenditure, Finance Secretary and Secretary, Department of Revenue, Mr Tuhin Kanta Pandey told industry leaders today. Speaking at a FICCI Conference on the Union Budget 2025-26, Pandey emphasised that the budget’s design ensures growth without stoking inflation pressures. “When […]