Saikat Das

India’s central bank approved the appointment of Pranav Chawda as chief executive officer of JPMorgan Chase & Co.’s local banking unit for a period of three years.

(Bloomberg) -- Mastercard Inc. is looking to expand its base of partners and services to tap into the growing credit opportunity in India where the use of digital payments has surged. Most Read from BloombergClimate Change Is Killing Buildings in Slow MotionOman Sees an Urban Future Distinct From Dubai and Abu DhabiHow Kyiv Became a Leader in Digital Services Amid Wartime StrainTransportation Policy Gets Left Behind in Presidential RaceDhaka's Revolutionary Makeover Pits Visions of Peace Against

Bain Capital-backed 360 One WAM Ltd. plans to raise as much as 30 billion rupees ($357 million) through a private credit fund that will be its largest to date, according to people familiar with the matter.

Market regulators in France and Germany asked their banks to continue dealing with India’s clearing houses beyond an October-end deadline, after a dispute over supervisory powers threatened to derail trading, according to people familiar with the matter.

Bharti Telecom Ltd., owned by billionaire Sunil Bharti Mittal, is planning to raise about 85 billion rupees ($1.01 billion) in the local-currency bond market, according to people familiar with the matter.

Six years after India’s shadow-banking sector blew up, pockets of stress are building again, prompting firms to start pulling back amid scrutiny from the regulator.

Deutsche Bank AG made its largest capital allocation to India in recent years by increasing its regulatory capital 33% to 300 billion rupees ($3.56 billion) from 2023, as it bets on the growth potential of the world’s most populous nation.

Standard Chartered Plc is losing a handful of executives at its financing and credit business across India and Singapore amid a global restructuring and as an active dealmaking market boosts demand for bankers.

India’s capital markets regulator is looking into whether the Adani Group violated rules mandating the disclosure of market-moving information, according to people with knowledge of the matter.

A US attorney charged Gautam Adani, a key ally for many in Donald Trump's orbit.