Financial Institutions

Curated news coverage, institutional background, regulatory filings, and investigative reporting across RDU Global.

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Last Updated: Just Now

Verified Entity Intelligence

National Governance & Policy Just now (01:36 PM IST)

Mandya DC Orders Lenders to Halt Forcible Loan Recovery Amid Drought Stress

Mandya district authorities have directed financial institutions to stop forcible loan recovery from farmers and other drought-hit borrowers, signaling an urgent administrative response to mounting rural distress. The move comes as the district grapples with the economic fallout of prolonged water stress, which has weakened farm incomes and intensified repayment pressure across the countryside.

By RDU Global Wire4 min read

Startups & Venture Capital5h ago

IIT-Madras Deep-Tech Fund Closes First Rs 450 Crore, Backing Frontier Startups in Defence, Space and AI

The IIT Madras-led Unicorn Frontier Fund has reached a Rs 450 crore first close, marking a major early milestone for its Rs 1,000 crore deep-tech investment vehicle. Backed by alumni, family offices, institutions, corporates and banks, the fund has already deployed capital into four startups working on rocket engines, air-quality technology, quantum instrumentation and energy storage.

5 min readRead →

Banking, Fintech & Insurance7h ago

RBI to Drain Rs 2 Trillion in Overnight Liquidity via VRRR Auction on September 28

The Reserve Bank of India will conduct an overnight Variable Rate Reverse Repo auction under the Liquidity Adjustment Facility on September 28, 2026, offering to absorb up to Rs 2,00,000 crore from the banking system for one day. The move signals the central bank's continued active management of short-term liquidity as it reviews evolving money-market conditions.

5 min readRead →

Markets, IPOs & Wealth8h ago

SEBI Board Unveils Key Market Reforms in September 24 Meeting

India's markets regulator, the Securities and Exchange Board of India, took a series of key decisions at its board meeting on September 24, 2026, signaling continued attention to market efficiency, investor protection and regulatory calibration. The meeting's outcomes are expected to shape compliance expectations and market structure discussions across listed companies, intermediaries and investors in the months ahead.

4 min readRead →

Legal, Courts & Regulatory11h ago

Appeal No. 7066 of 2026 Filed by Saksham Puri, but Sparse Record Leaves Markets Searching for Meaning

An appeal identified as No. 7066 of 2026 filed by Saksham Puri has surfaced in the public record, but the source material provides no details on the underlying dispute, forum, or relief sought. In the absence of substantive filings or accompanying facts, the development currently reads more as a procedural marker than a market-moving event. For investors and legal observers, the lack of context underscores a familiar challenge in India's fast-moving economy and markets landscape: a case number alone can trigger attention, but without the petition, order, or hearing details, its significance remains impossible to assess.

3 min readRead →

National Governance & Policy11h ago

True North Fund Settlement Order Signals Regulatory Scrutiny in India's Markets

A settlement order in the matter of True North Fund has drawn attention in India's economy and markets landscape, underscoring the continuing emphasis on regulatory compliance and market discipline. While the source material provides limited factual detail, the order itself points to a formal resolution process that typically reflects scrutiny over conduct, disclosure, or procedural obligations in the securities ecosystem.

5 min readRead →

Corporate, M&A & Industry11h ago

Adani Group Settlement Order Signals Regulatory Closure in High-Stakes Market Dispute

India's markets are set to watch closely after a settlement order was issued in the matter of Adani Group companies, marking a significant development in a case that has drawn intense investor scrutiny. The order suggests a formal resolution process is now underway, though the broader implications for governance, market confidence and regulatory precedent will depend on the details of the settlement terms.

5 min readRead →

Banking, Fintech & Insurance2h ago

Pine Labs Turns the Corner as Payments Pioneer Builds an AI-Driven Fintech Stack

Pine Labs has evolved from a point-of-sale hardware provider into a broad fintech platform spanning checkout, consumer finance, gift cards, issuing and banking infrastructure, with more than 11.5 lakh merchants across India, Southeast Asia and the Middle East by Q1 FY27. After years of heavy expansion and losses, the company posted its first full-year consolidated profit in FY26, though its latest quarterly results show the turnaround remains sensitive to business mix and continued investment.

5 min readRead →

Markets, IPOs & Wealth3h ago

AceVector IPO Draws 23% Subscription on Day 1 as Retail Investors Lead Bidding

Snapdeal parent AceVector's Rs 420 crore initial public offering got off to a measured start on Thursday, with the issue subscribed 23% by the close of the first day of bidding. Retail investors drove early interest, booking 62% of their allotted quota, while qualified institutional buyers had yet to enter the issue.

5 min readRead →

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Mandya(1)District Collector, Mandya(1)