Karnataka high court has directed the Criminal Investigation Department to probe a Rs 1.5 crore cheating case at IndusInd Bank's Peenya branch, after police uncovered fake gold ornaments being pledged for loans.…
IndusInd Bank has extended Rs 2,501 crore in debt financing to Lightstorm under a co-borrower structure. The transaction was advised on by JSA Advocates and Solicitors, which handled the structuring, drafting and…
The Reserve Bank of India imposed penalties totalling over Rs 71 lakh on four financial entities for regulatory non-compliance. Northern Arc Capital Ltd was fined Rs 6.20 lakh for incorrect customer complaint…
Network infrastructure company Lightstorm has raised a Rs 2,500 crore long-term debt facility from IndusInd Bank. The 10-year fully underwritten facility will fund terrestrial and subsea fibre projects connecting Indian data centre…
The Hindu Business Line reports Signature Global awarded Rs 920 crore in construction contracts to KEC International and NCC for 11 towers at its Dwarka Expressway project. Work starts in Q3 FY27.…
IndusInd Bank and EazyDiner have jointly launched a lifetime-free RuPay credit card that offers dining discounts and UPI payment functionality. The card provides benefits valued at up to ₹21,495 annually, including ₹18,000…
IndusInd Bank has received RBI approval to set up a wholly owned subsidiary for stock broking business, the bank said on Friday. The Hindu Business Line reports that the central bank also…
Akasa Air has secured a Rs 740 crore working capital loan from IndusInd Bank under the government-backed Emergency Credit Line Guarantee Scheme, The Hindu BusinessLine reports. It is the second Indian airline,…
