
The Indian government is considering raising the foreign investment limit in Public Sector Banks (PSBs) from the current 20%, while retaining at least 51% ownership to preserve their public character. The move is...
The Indian government is considering raising the foreign investment limit in Public Sector Banks (PSBs) from the current 20%, while retaining at least 51% ownership to preserve their public character. The move is...
Despite global headwinds from tariffs and immigration curbs, JPMorgan Chase has described India as a “bright spot” in the global economy. Asia-Pacific head Sjoerd Leenart highlighted strong domestic growth, limited export dependence, and...
In a significant policy recommendation, NITI Aayog has proposed that the Indian government consider relaxing foreign direct investment (FDI) norms for Chinese companies, suggesting that entities from countries sharing land borders with India—particularly...
Japan’s Sumitomo Mitsui Financial Group (SMFG) is reportedly considering a $1.1 billion follow-on investment in Yes Bank, targeting a roughly 5% equity stake alongside potential convertible bond purchases worth $680 million. This could boost SMFG’s...
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