By Suvashree Ghosh Bloomberg

BlockAura, a crypto coin that many Indians have invested in, surged 3,100 percent over the past eight months. Many investors in India are betting crypto is the quickest way to get rich, lured by a raft of startups promising yields as high as 25 percent a month. Here's how a tumble in the value of the crypto coin could affect Indian investors.

Since the backers of the failed Terra blockchain launched a new digital token to compensate investors burned by one of cryptos biggest busts, the blows have kept coming.

The Indian partner of global money manager Schroders Plc is under investigation by the countrys capital markets regulator for alleged front-running by two of its officials, according to people familiar with the matter.

The chief executive officer of IDFC First Bank Ltd. gifted $530,000 worth of the shares he owns to his driver, trainer, and helpers at home and office in an unusual gesture of philanthropy in India.

Ashok Hinduja said in a statement he's waiting to act until details of the new rules are spelled out by the RBI, which is also the nation's banking regulator.

Banks in India received Rs 71.82 billion ($967 million) by selling defaulter and former billionaire Vijay Mallya's stake in the United Breweries Ltd, according to a statement by the Enforcement Directorate.

The networks of India’s biggest banks have struggled to keep pace with India’s mobile payments revolution, crashing again and again. The outages are exposing years of underinvestment in technology and a surprising lack of preparedness, analysts and executives say.

Even before the pandemic, Indian consumers were taking up mobile payment technologies with remarkable speed. There's just one problem: The networks of India's biggest banks have struggled to keep pace, crashing again and again.

Budget 2021: The firm will hold problem loans for banks, which can then be sold on to investors at a reduced price, according to plans outlined by the Finance Minister

A resolution plan for Dewan from Piramal Enterprises' own shadow bank, Piramal Capital & Housing Finance was approved by Dewan's committee of creditors in a vote on Friday

The non-performing asset ratio is forecast to rise to 13.5% by the end of September from 7.5% a year ago, the Reserve Bank of India said

Singapore-based DBS's Indian unit will pump in Rs 25 billion ($336 million) in fresh capital, the central bank said in a statement on Tuesday.

WhatsApp has the potential to compete with the leaders and reshape digital payments in India -- a market slated to grow to $1 trillion by 2023.

RBI has proposed a 10-year limit on bank founders remaining in the roles of CEO or full-time director

A series of steps announced this year aim to encourage banks to lend. Measures announced by the Reserve Bank of India since early February inject cash equivalent to 3.2% of the country's gross domestic output.

BlockAura, a crypto coin that many Indians have invested in, surged 3,100 percent over the past eight months. Many investors in India are betting crypto is the quickest way to get rich, lured by a raft of startups promising yields as high as 25 percent a month. Here's how a tumble in the value of the crypto coin could affect Indian investors.

Since the backers of the failed Terra blockchain launched a new digital token to compensate investors burned by one of cryptos biggest busts, the blows have kept coming.

The Indian partner of global money manager Schroders Plc is under investigation by the countrys capital markets regulator for alleged front-running by two of its officials, according to people familiar with the matter.

The chief executive officer of IDFC First Bank Ltd. gifted $530,000 worth of the shares he owns to his driver, trainer, and helpers at home and office in an unusual gesture of philanthropy in India.

Ashok Hinduja said in a statement he's waiting to act until details of the new rules are spelled out by the RBI, which is also the nation's banking regulator.

Banks in India received Rs 71.82 billion ($967 million) by selling defaulter and former billionaire Vijay Mallya's stake in the United Breweries Ltd, according to a statement by the Enforcement Directorate.

The networks of India’s biggest banks have struggled to keep pace with India’s mobile payments revolution, crashing again and again. The outages are exposing years of underinvestment in technology and a surprising lack of preparedness, analysts and executives say.

Even before the pandemic, Indian consumers were taking up mobile payment technologies with remarkable speed. There's just one problem: The networks of India's biggest banks have struggled to keep pace, crashing again and again.

Budget 2021: The firm will hold problem loans for banks, which can then be sold on to investors at a reduced price, according to plans outlined by the Finance Minister

A resolution plan for Dewan from Piramal Enterprises' own shadow bank, Piramal Capital & Housing Finance was approved by Dewan's committee of creditors in a vote on Friday

The non-performing asset ratio is forecast to rise to 13.5% by the end of September from 7.5% a year ago, the Reserve Bank of India said

Singapore-based DBS's Indian unit will pump in Rs 25 billion ($336 million) in fresh capital, the central bank said in a statement on Tuesday.

WhatsApp has the potential to compete with the leaders and reshape digital payments in India -- a market slated to grow to $1 trillion by 2023.

RBI has proposed a 10-year limit on bank founders remaining in the roles of CEO or full-time director

A series of steps announced this year aim to encourage banks to lend. Measures announced by the Reserve Bank of India since early February inject cash equivalent to 3.2% of the country's gross domestic output.