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Sumit Jain has stepped down from his role in Unacademy, ahead of a potential merger with upGrad Education. Jain, who joined Unacademy in 2020, will continue as an advisor. His departure follows the co

RBI has amended Investment Fluctuation Reserve norms for Payments Banks after identifying operational challenges in maintaining IFR. The revised framework prescribes reserve creation linked to investm

RBI has amended Investment Fluctuation Reserve norms for Small Finance Banks after identifying operational difficulties in maintaining IFR. The revised framework prescribes a minimum reserve linked to

RBI has abolished the mandatory Investment Fluctuation Reserve requirement for commercial banks following changes in market risk and investment regulations. Banks must now transfer existing IFR balanc

SEBI has modified the Monthly Cumulative Report format for mutual funds following the introduction of new scheme categories. The revised reporting structure will apply from June 2026 onwards. The post

SEBI has proposed replacing the centralized STP Hub with direct API-based connectivity between STP Service Providers to reduce latency and operational risks. The proposal seeks to improve scalability,

Our Sustainability oversight: the corporate director’s guide addresses the broad sustainability landscape, the role of the board in overseeing sustainability, and how boards are organizing themselves.

Standard Chartered raised its 2028 profit target and plans to cut over 7,000 roles by 2030 as the bank expands wealth management and accelerates AI-led automation across operations.

Unacademy cofounder Sumit Jain will step down as CEO of its test prep business on June 30, stay on as advisor, ahead of the proposed merger with upGrad expected by end June

An Indian court has ordered Apple to fully cooperate with antitrust investigators regarding its iPhone app market practices. The Delhi High Court rejected Apple's plea to halt the case, emphasizing co