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Unity Bank promoter

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Banking, Fintech & Insurance 09 Nov 2026, 02:00 PM IST

Delhi High Court Upholds Interim Shield for BharatPe Shareholder Rights, Rejects Unity Bank Appeal

The Delhi High Court has reaffirmed interim protection for BharatPe-linked shareholder rights, dismissing an appeal by Unity Bank and its promoter. The courtā€™s latest order reinforces the contractual force of the shareholdersā€™ agreement, which requires prior written consent from RIPL before reserved matters can proceed.

By RDU Global Wire6 min read
Banking, Fintech & Insurance16 Oct 2026, 07:05 AM IST

NCLT Admits Kotak Mahindra Bankā€™s Insolvency Plea Against Unity Realty

The National Company Law Tribunal has admitted Kotak Mahindra Bankā€™s insolvency petition against Unity Realty and Developers over an alleged default of ā‚¹68.49 crore, marking a significant escalation in a dispute linked to financial stress at Unity Infraprojects. The case underscores how corporate guarantees can pull related entities into insolvency proceedings when underlying borrowings sour. The default is said to date back to September 2023.

5 min readRead ā†’
National Governance & Policy10 Nov 2026, 02:00 PM IST

From Fiscal Strain to Global Research Opportunity: India Recasts Its Governance Priorities

Indiaā€™s policy debate is increasingly being shaped by a difficult but consequential trade-off: how to manage immediate financial pressures while preserving long-term capacity for research, innovation, and institutional reform. As the government weighs competing demands on public spending, the broader question is whether fiscal discipline can be turned into a platform for deeper global research engagement rather than a brake on ambition.

5 min readRead ā†’
India Sports & Cricket09 Nov 2026, 02:00 PM IST

Two-Month Break Is Both Risk and Opportunity, Says Tamil Nadu Coach Yo Mahesh

Tamil Nadu coach Yo Mahesh has described the teamā€™s two-month competitive break as a double-edged interval that could either blunt momentum or help the side address lingering weaknesses. Skipper Sai Kishore, meanwhile, said he was encouraged by the seam attackā€™s showing, even as the squad prepares to manage the long layoff and reset for the next phase of the season.

5 min readRead ā†’
Banking, Fintech & Insurance08 Nov 2026, 08:00 AM IST

Delhi High Court Upholds Interim Protection for BharatPe Shareholder Rights, Rejects Unity Bank Appeal

The Delhi High Court has reaffirmed interim protection for BharatPe-linked shareholder rights, dismissing an appeal by Unity Bank and leaving in place restrictions on reserved matters that require prior written consent under the shareholdersā€™ agreement. The ruling marks a second judicial refusal to allow the bank and its promoter to proceed without consent from RIPL, underscoring the courtā€™s view that contractual governance protections must be respected pending final adjudication.

5 min readRead ā†’
Banking, Fintech & Insurance07 Nov 2026, 08:00 PM IST

Delhi High Court Upholds BharatPeā€™s Veto Rights in Unity SFB Shareholding Dispute

The Delhi High Court has reinforced BharatPeā€™s veto rights in the ongoing shareholding dispute involving Unity Small Finance Bank, adding a fresh legal dimension to the fintech companyā€™s long-running governance battle. The ruling is significant because it preserves BharatPeā€™s contractual leverage over key ownership decisions while the broader conflict over control and shareholder rights continues to unfold.

5 min readRead ā†’
Banking, Fintech & Insurance07 Nov 2026, 05:00 PM IST

Delhi High Court Upholds Interim Protection for BharatPe Shareholder Rights, Rejects Unity Bank Appeal

The Delhi High Court has again refused to allow Unity Bank and its promoter to move ahead on reserved matters without the prior written consent of RIPL, reinforcing interim protection for BharatPe-linked shareholder rights. The ruling underscores the courtā€™s view that the Shareholdersā€™ Agreement must be respected while the underlying dispute is adjudicated.

5 min readRead ā†’
Banking, Fintech & Insurance11 Nov 2026, 08:00 AM IST

Indian Banks Report Sharp Productivity Gains as AI Cuts Costs and Turnaround Times

Indian banks are reporting measurable gains from artificial intelligence-led initiatives, with improvements spanning productivity, customer service and operating efficiency. Kotak Mahindra Bank says it has lifted corporate servicing volumes by 20% to 30% without adding staff, while HDFC Bank has cut service delivery turnaround times by 30% and Axis Bank is using AI to streamline customer experience and internal operations.

5 min readRead ā†’
Banking, Fintech & Insurance11 Nov 2026, 08:00 AM IST

PNB Staffer, Pune Man Arrested in Alleged Rs 10.24 Crore Bank Fraud Case

Police have arrested an office assistant of Punjab National Bank in Greater Noida and a private individual from Pune in connection with an alleged Rs 10.24 crore fraud involving unauthorized withdrawals from customer accounts. Investigators say the transactions were carried out over three years using compromised banking credentials, after a customer flagged suspicious debits in her account.

4 min readRead ā†’
Banking, Fintech & Insurance11 Nov 2026, 08:00 AM IST

IDBI Bank Staff Forum Opposes Fairfax Stake Sale, Demands Parliamentary Review

A forum representing IDBI Bank officers and employees has opposed the governmentā€™s proposed transfer of a majority stake in the lender to Fairfax Financial Holdings, arguing that the transaction warrants deeper public scrutiny and parliamentary review. The employeesā€™ body has raised concerns over possible undervaluation of the bankā€™s assets and the broader social responsibilities attached to a state-linked banking institution.

5 min readRead ā†’
Banking, Fintech & Insurance11 Nov 2026, 08:00 AM IST

J&K Bank Opens 1,356-Post Hiring Drive as Aspirants Seek Higher Age Cap, Merit Safeguards

Jammu and Kashmir Bank has announced a large recruitment drive for 1,356 posts, including probationary officers and banking associates, setting up a major hiring test for the regionā€™s banking sector. The announcement has also triggered demands from aspirants and PDP MLA Waheed Para for a higher upper age limit, with applicants arguing that the current cap of 30 years should be extended to 40 years to widen access and reflect local employment realities.

5 min readRead ā†’
Banking, Fintech & Insurance11 Nov 2026, 08:00 AM IST

Flipkart, Exim Bank Anchor $8.13 Billion in August External Borrowing Proposals

Indian companies sought $8.13 billion in external commercial borrowings in August, up 6% from $7.70 billion in the previous month, underscoring continued appetite for offshore funding despite a volatile global rate environment. Flipkart Internet Pvt Ltdā€™s proposed $1.14 billion foreign loan and large financing plans from Power Finance Corporation highlight how both private and state-linked borrowers are tapping overseas markets for expansion and refinancing.

5 min readRead ā†’
Banking, Fintech & Insurance10 Nov 2026, 08:00 PM IST

Banks Remain Resilient, But AI Bubble Is the Real Market Risk, Says Julius Baer CEO Stefan Bollinger

Julius Baer Chief Executive Stefan Bollinger said global banks remain fundamentally safe, while warning that an artificial intelligence bubble poses a more serious threat to markets. He also described Indiaā€™s recent equity valuation correction as healthy, arguing that it does not alter the countryā€™s long-term growth story.

5 min readRead ā†’

šŸ‘¤ About this Entity

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Co-Occurring Entities

Entities frequently referenced alongside Unity Bank promoter:

Unity Bank(1)RIPL(1)New Delhi(1)BharatPe(1)