HDFC Ltd. to merge into HDFC Bank effective July 1, 2023

HDFC Bank Udaipur : HDFC Bank, India’s leading private sector bank, today announced the successful completion of merger of HDFC Ltd.,India’s premier housing finance companywith and into HDFC Bank,following the receipt of all requisite shareholder and regulatory approvals. HDFC Bank and HDFC Ltd. had announced a decision to merge on April 4, 2022, subject to obtaining the requisite … Read more

Salary Advance Loans vs Payday Loans: What’s the Difference?

Financial crises can arise unexpectedly in today’s fast-moving world, leaving many individuals needing immediate funds. During such times, people often use short-term borrowing options to meet their needs until their next paycheque. Two popular options for such quick fund infusions are salary advance loans and payday loans. This article will explore the differences between salary … Read more

Sebi to enhance disclosure requirements for certain class of FPIs

Mumbai : To ensure greater transparency, markets regulator Sebi on Wednesday decided to mandate enhanced disclosures from certain class of Foreign Portfolio Investors (FPIs), including furnishing granular level details about ownership and economic interests. The new norms will be applicable for FPIs that concentrate holdings in a single corporate group. The move is aimed at … Read more