- + Common empanelment of hospitals to advance in 6–12 months: Mayank Bathwal— [Category: Money & Banking]
- + Rupee closes at record low despite RBI intervention, G-Sec yields rise—The Indian currency ended the day at an all-time low of 92.33 per US dollar, down 59 paise against previous close of 91.74 [Category: Money & Bank...
- + Private sector banks collected over ₹11,000 cr in 3 yrs for not maintaining minimum balance in accounts—HDFC Bank emerged as the top earner with over ₹3,800 crore in 3 years, followed by Axis Bank and ICICI Bank with over ₹2,700 crore and ₹1,200 crore re...
- + SIPs in crypto currency see increase despite price corrections—Top Indian crypto exchanges have witnessed strong year-on-year growth in total SIPs [Category: Crypto Currency]
- + Standard Chartered reshaping India retail strategy to increase focus on affluent and cross-border clients—Standard Chartered has more than a million clients in India for its wealth and retail banking with more than 200,000 in the affluent category [Categor...
- + Federal Bank strengthen focus on wealth management business—The Bank and Equirus will continue to collaborate to fulfill the investment needs of UHNI category customers by offering select products and services ...
- + The Latest Fixed Deposit Interest Rates: Mar 06, 2026—The Latest Fixed Deposit Interest Rates: Mar 06, 2026 [Category: Money & Banking]
- + The Latest Home Loan Interest Rates: Mar 06, 2026—The Latest Home Loan Interest Rates: Mar 06, 2026 [Category: Money & Banking]
- + Iran conflict forces Asian central banks into sharp policy rethink—For emerging Asian central banks, cutting interest rates is risky due to rising fuel costs and the potential for capital outflows linked to worsening ...
- + 360 ONE Asset closes fifth private credit fund at ₹3,500 crore—Following the latest close, 360 ONE Asset's private credit business now manages about ₹15,200 crore ($1.7 billion) in credit assets [Category: Money &...
- + Swiggy, HDFC Bank launch two new co-branded credit cards with up to ₹48,000 annual savings—The cards are being rolled out in phases and can be applied for through the Swiggy app or HDFC Bank’s digital channels [Category: Companies]
- + Phanindranath Kakarla takes charge of Arcil as CEO & MD—Kakarla joined Arcil on April 2, 2025, as President under a Board-approved succession plan in order to overlap with Mohapatra’s tenure for a sufficien...
- + Spike in crude oil prices: Rupee opens 49 paise weaker; G-Sec yields rise—The Indian currency opened about 49 paise weaker at 92.2250 per US Dollar and is currently trading at 92.32, per CCIL data [Category: Forex]
- + RBI likely sells dollars to avert rupee slide to record low, traders say—The RBI stepped in before the local spot market opened, helping the rupee rebound slightly from around 92.30 to 92.20 in the interbank order match...
- + Upper-layer NBFCs seek risk-weight rejig amid heightened regulatory scrutiny—NBFCs seeking rejig in risk-weights, especially on retail loans, which form around 90 per cent of industry AUM [Category: Money & Banking]
- + J&K Bank partners with NBFCs to expand home and gold loan lending—The bank signed co-lending agreements with Home First Finance Company India Limited for home loans and IIFL Finance for gold loans [Category: Money &a...
- + RBI relaxes NOFHC requirement for promoters of AU Small Finance Bank —So in case the bank or its promoter/ promoter group wants to get into any other business like mutual fund or insurance post becoming a universal bank ...
- + Federal Bank says arrangement with Equirus Capital for wealth management will be restructured—The Bank and Equirus will continue to collaborate to fulfil the investment needs of UHNI category customers by offering select products and services f...
- + SBI launches exclusive $500 million loan facility for women empowerment—The syndicated transaction, first of its kind by SBI, is aimed at supporting gender equality and inclusive economic growth, and is expected to be the ...
- + Karnataka Bank shareholders approve one director’s reappointment, reject another—The special resolution seeking the reappointment of Balakrishna Alse S received support from 3,735 members who cast 11,606,1053 votes in favor [Catego...
- + Barring eight days, Andhra relied on borrowings from RBI during 2024-25, says CAG report—TDP spokesperson says dependence on RBI loans was due to legacy issues left by the previous government, such as unpaid bills to contractors and employ...
- + West Asia conflict: Rupee ends week 77 paise weaker—Rising oil prices increase pressure on rupee [Category: Forex]
- + Indian women ride the crypto wave to build portfolio—Homemakers emerge as the second-largest investor group, among women, investing in cryptocurrency with millennial and mid-career women leading the tren...
- + I-T Dept expands reporting framework by including crypto, CBDC—Move aims to ensure that cross-border tax transparency keeps pace with the rapidly evolving digital financial landscape [Category: Economy]
- + Unauthorised electronic banking transactions: Burden of proving customer liability in complaints will lie with the bank, says RBI—RBI mandates banks to prove liability in unauthorised electronic banking transactions [Category: Money & Banking]
- + RBI to buy ₹1 lakh crore in bonds to ease liquidity stress in banking system—RBI intends to buy seven G-Secs at the March 9 OMO purchase auction [Category: Markets]
- + Insurers’ shift to Ind AS to hail global compatibility, boost investor confidence—IRDAI has proposed implementing new accounting standards from April 1, 2026 [Category: Money & Banking]
- + Aye Finance posts 87% jump in Q3 profit, AUM crosses ₹6,300 crore—Loan disbursements rise 35% year-on-year to ₹1,310 crore during the quarter [Category: Money & Banking]
- + Share of credit card outstanding balance in total retail loans declines 60 bps y-o-y to 4.4%—Credit card spending rose by 8.1% year-on-year (y-o-y) in January 2026, to ₹2.05 lakh crore, driven by sustained e-commerce spending [Category: Money ...
- + Divyangjan staff association airs fears over service continuity, protection in IDBI Bank—Any perceived dilution of protection during privatisation could create insecurity across the banking sector for thousands of employees with disabiliti...
- + RBI data suggest end of repo rate cut transmission into lending rates—Weighted average lending rate on fresh rupee loans of banks) rose 39 bps to 8.67 per cent in January 2026 from 8.28 per cent in December 2025 [Categor...
- + L&T Finance launches specialised ‘Spoorthi’ programme for women entrepreneurs—Women entrepreneurs to be offered extended loan tenors of up to 25 years for the purchase of house property or Loan Against Property (LAP) for busines...
- + IndusInd Bank treasury head set to exit in April—Banerjee, who has been the head of the global markets group at IndusInd Bank since 2020, has informed the management about his decision, say source...
- + RBI ramps up support to shield bonds from oil shock—The category, which comprises insurance companies, pension funds, corporates and the RBI, bought bonds worth ₹20,285 crore on Wednesday, the highest ...
- + South Indian Bank launches digitally integrated loan against MF products—Starting at 9.99% per annum, the facility will be available to the bank’s customers as well as users of digital wealth platforms integrated through i...
- + Tata AIA launches pension plan blending guaranteed income with market-linked returns—The plan allows policyholders to allocate a portion of their annuity to the Nifty 50 index, while the remainder is secured as fixed income [Category: ...
- + Speed is not always a virtue in finance: RBI Dy Guv Swaminathan—He noted that technology is a force multiplier, which amplifies good design as well as bad design [Category: Money & Banking]
- + G-Sec yields steady despite crude surge amid West Asia tensions—Banks are supporting the yields due to year-end considerations [Category: Money & Banking]
- + State Bank of India recruits 5,783 junior associates—This recruitment drive is to further strengthen customer service and branch operations across the country [Category: Money & Banking]
- + Rupee continues to feel reverberations of West Asia war; sinks to record closing low of 92.15/$—The Rupee’s previous all-time closing low was 91.96 per dollar on January 29 [Category: Money & Banking]
- + Zuno General Insurance plans to improve combined ratio by 500-700 bps over 2 years—Currently, Motor insurance contributes around 50 per cent to the insurer’s gross premium, while around 35 per cent of its gross premium comes from Hea...
- + AIBOA says IDBI Bank land parcels should revert back to government before divestment—Need to be secured back to the control of the Government of India before exercise of disinvestment [Category: Money & Banking]
- + Axis Bank ties up with Tesla as preferred EV financier in India—Under the arrangement, Axis Bank will provide end-to-end digital loan processing for Tesla buyers, from booking through to vehicle delivery, with no p...
- + RBI creates intervention space as rupee faces renewed strain—RBI has changed the maturity profile of its short dollar forwards, reducing near-term delivery obligations and pushing them further out [Category: Mon...
- + India, Indonesia support local currencies as Iran war hits emerging markets—As geopolitical tensions escalate in the Middle East, Indonesia and India take decisive action to bolster their currencies against rising oil prices a...
- + White House weighs tanker insurance support to curb oil price surge—Crude prices have climbed sharply after Israeli and U.S. strikes on Iran led to fighting that interrupted tanker shipments through the Strait of Hormu...
- + Mutual funds take a shine to bank stocks—The banking system is doing very well with NPAs at multi-decade lows and improving credit growth [Category: Money & Banking]
- + T-Hub, SERP, WE HUB launch ₹12.66 cr fund to support rural entrepreneurs—It will help shortlisted entrepreneurs build capacity and scale their ventures [Category: News]
- + Fed rate cut hopes fade as oil surges after US-Israel strikes on Iran—The spike has heightened concerns that rising energy costs could push up headline inflation, forcing the central bank to maintain a hawkish stance. [C...
- + Geopolitical shock rattles crypto markets; extended uncertainty clouds Bitcoin’s recovery path—Following reports of Iranian military action in late February/early March, major cryptocurrencies like Bitcoin and Ethereum saw sharp declines, with B...
- + IRDAI proposes Ind AS adoption for all insurers from April 1, 2026—The move will apply to life, general, health insurers and reinsurers, aiming to enhance transparency, consistency and comparability in financial repor...
- + The Latest Fixed Deposit Interest Rates: Feb 27, 2026—The Latest Fixed Deposit Interest Rates: Feb 27, 2026 [Category: Money & Banking]
- + The Latest Home Loan Interest Rates: Feb 27, 2026—The Latest Home Loan Interest Rates: Feb 27, 2026 [Category: Money & Banking]
- + SoftBank’s $30 billion OpenAI bet spurs S&P credit outlook cut—The revised outlook follows SoftBank’s decision last month to deepen its investment in the ChatGPT maker after already injecting more than $30 billion...
- + RBI processes 99.8% of Citizen’s Charter applications within timeline in February—The central bank handled 22,765 applications during the month, including pending and fresh cases, after adjusting for those referred back for addition...
- + No insurance companies to get marine hull war risk reinsurance support from GIC Re for certain high-risk zones—The reinsurance company said it will cease to cover the marine hull war risks for certain high-risk zones from 1900 hours IST on March 3 [Category: Mo...
- + Rupee declines 52 paise vs dollar amid US-Israel joint attacks on Iran—The Indian unit was weighed down by FPI selling in the equity markets amid risk-off sentiment setting in, prompting investors to invest in safe-haven ...
- + 98.44% of ₹2,000 notes returned, says RBI—The total value of ₹2,000 notes in circulation has declined sharply to ₹5,551 crore as of February 28, 2026, from ₹3.56 lakh crore at the time of the ...
- + Expect to complete SFB conversion before 18 month regulatory timeline, says Fino PB—Merchant said that despite the recent adverse developments, deposits at the bank have remained intact or have rather grown from Rs ₹2,250 crore as on ...
- + RBI and BoJ sign Bilateral Swap Arrangement for up to $75 billion—The BSA, which remains unchanged (for up to $75 billion), is effective from February 28, 2026 [Category: Money & Banking]
- + Pine Labs to launch stablecoin payments outside India, CEO says—Pine Labs does not plan to launch the product in India or China [Category: Money & Banking]
- + IIFL Finance eyes $750 million fundraise via social dollar bonds—Financier plans debut issuance and overseas loan, with three- to five-year tenor. [Category: Companies]
- + Not evaded any GST dues; did not promote any kind of betting activity: Fino Payments Bank—DGGI is investigating the use of alleged shell companies and payment aggregators by the bank to funnel illicit funds generated by online money gaming ...
- + US-Israel attack on Iran rattles rupee as markets feel heat—INR weakens to 91.39 per dollar; analysts see further upside in USD/INR if tensions persist [Category: Forex]
- + SEBI removes 1.2 lakh misleading finfluencer posts, deploys AI ‘Sudarshan’: Chairman—“We are armed with our own AI tool called ‘Sudarshan,’ through which we are able to track, on a multilingual basis, audio, video, and other content to...
- + Crypto traders on tenterhooks as oil prices signal risks—Higher oil prices would likely weigh on cryptocurrency prices [Category: Crypto Currency]
- + ICICI Pru MF to stop fresh inflows in 3 overseas funds—The three international funds discontinuing all inflows are ICICI Prudential US Bluechip Equity Fund, ICICI Prudential Nasdaq 100 Index Fund, and ICIC...
- + Bitcoin recovers above $68,000 after death of Iranian leader—Cryptocurrencies had recovered roughly $32 billion in market value by Sunday morning. [Category: Crypto Currency]
- + Fino Payments Bank reaffirms compliance amid GST investigation—“We have full faith in the country’s judiciary and will continue to extend full cooperation and assistance to the authorities in the ongoing process,”...
- + Fino Payments Bank routed illicit online gaming funds via shell firms and payment aggregators: Sources—GST authorities have arrested its MD and CEO Rishi Gupta for violating the law related to the GST, Fino Payments Bank had said on Friday. [Category: M...
- + Norges Bank excludes Adani Green Energy from sovereign wealth fund portfolio—The information was published on February 26, 2026, and the website provides no further details beyond the stated criterion [Category: Money & Ban...
- + ICICI Bank’s Board clears purchase of up to 2% additional shareholding in ICICI Pru Life—Purchase to primarily be towards maintaining the bank’s majority shareholding in the event of exercise of stock-based compensation of ICICI Pru Life, ...
- + FM Sitharaman says will look into Fino Payments Bank MD’s arrest under GST Act—Fino Payments Bank maintains that the MD had nothing to do with the GST issue [Category: Economy]
- + Fino Payments Bank MD Rishi Gupta arrested under GST Act; CFO Ketan Merchant takes charge—The bank said the investigation pertains to certain business partners and not to its own GST practices [Category: Money & Banking]
- + Share of banks’ term deposits offering ‘less than 7%’ interest rate rose to 56.3% in Dec 2025 from 29.2% a year ago—Deposit growth (y-o-y) pertaining to public sector banks improved to 9.9% in December 2025 [Category: Money & Banking]
- + Public sector banks’ credit growth outpaced overall banking industry growth in Dec 2025—RBI said bank branches located in rural, semi-urban and urban centres recorded higher credit growth than metropolitan branches [Category: Money & ...
- + Galaxy Health Insurance set to close first full fiscal year with around ₹150 crore premium—The company has an agent network of about 15,000 in just a year of operation and aims to grow this [Category: Companies]
- + ICICI Prudential Life Insurance, SK Finance tie up to offer credit life solutions—Credit life products equip customers to better manage risk and ensure the family’s financial plans are not upset [Category: Money & Banking]
- + SBI bets big on Airoli, leases 1.35 lakh sq ft to expand GCC operations—The lease tenure is five years, with a security deposit of ₹10.11 crore [Category: Money & Banking]
- + IIFL Home Fin signs $300 million loan agreement with ADB for affordable housing push—The housing finance company has set a target that over 25% of the loan proceeds will be extended towards green-certified affordable homes [Category: M...
- + Jio Finance launches new AI-backed mobile app ‘Finsider’—The new app leverages Agentic AI and Neural Networks to offer users a hyper-personal, instantaneous experience [Category: Money & Banking]
- + RBI gives approval to SBI MF to acquire up to 9.99% in Bandhan Bank—The RBI has also conveyed that if the applicant fails to acquire major shareholding within a period of one year from the date of its letter, this appr...
- + Aim is to rejuvenate growth for foreseeable future, IndusInd Bank CEO says—“Our ambition is to grow assets and liabilities in line with the market in FY27, and to start gaining market share in FY28” [Category: Money & Ban...
- + How to prevent cyber, digital fraud? Here’s what RBI says—RBI conducts workshop on prevention of cyber, digital frauds for leaders from over 60 major banks [Category: Money & Banking]
- + Prayaan Capital raises ₹ 110 crore in Series A round led by Peak XV Partners—The company said it will use the funds to build its lending platform, expand its team and grow its presence in MSME markets across India [Category: Mo...
- + Jio Financial infuses ₹2,000 crore capital in NBFC arm—JCL’s total disbursements stood at ₹8,615 crore in Q3FY26, up 2 times year-on-year [Category: Money & Banking]
- + Cyprus-based Ellinas Finance to be first overseas equity admitted on NSE IX at GIFT City—The Ellinas Finance listing is being positioned as a test case for such cross-border capital flows through India’s IFSC [Category: Markets]
- + Ageas Federal Life plans to grow agency strength 3-fold to reduce dependency on banca channel—At present around 75 per cent of its business in terms of APE is coming from the bancassurance channel, down from over 90 per cent around 15 months ag...
- + Bitcoin may rebound toward $70,000 as ETF inflows hit highest since January—Macro remains the dominant driver [Category: Crypto Currency]
- + Banks’ G-Sec portfolio grows at a slower clip amid pick up in credit growth—Banks’ investment in G-Secs and SGS’ grew at a higher clip of 11 per cent y-o-y as on January 24, 2025 [Category: Money & Banking]
- + IOB officers defer March 2 strike after conciliation meet—Bipartite talks to be taken up by March 10 [Category: Money & Banking]
- + Chola Fin denies Vellayan Subbiah exit report, stock slides 2%—In a statement issued through the company, the office of Vellayan Subbiah confirmed that he continues to serve as Executive Chairman under a duly appr...
- + RBI's additional liquidity support to wind down after March, bankers say—Market participants say the liquidity push reflects an interim calibration, with RBI aiming to ease short-term rates [Category: Money & Banking]
- + Apple in talks with HDFC, ICICI, Axis to launch Apple Pay in India by 2026—The service is expected to support the Unified Payments Interface, operated by the National Payments Corporation of India, alongside card-based paymen...
- + Housing prices in Jaipur, Kanpur, Chennai drive All India House Price Index up 1.2%—The All India HPI grew by 3.6 per cent year-on-year (y-o-y) in Q3 FY26, compared with a growth of 6.9 per cent in the same quarter last year [Category...
- + Yes Bank flags $0.28 million forex card fraud in Latin America—Around 5,000 customers were potentially affected, but the bank’s monitoring system successfully blocked 688 unauthorized attempts, safeguarding roughl...
- + RBI to conduct ₹25,000 crore switch auction on March 2—In a switch auction, the government replaces bonds maturing in the near term with long-term instruments [Category: Money & Banking]
- + ‘Insurance sector needs to focus on bringing down high cost of acquisition to achieve more profitability’—This will help insurers provide insurance products to customers at more affordable prices, said Deepak Sood, Member (non-life), IRDAI [Category: Money...
- + IDFC FIRST Bank repays ₹583 crore to Haryana govt after fraud at Chandigarh branch—The matter is currently under investigation by the relevant authorities [Category: Money & Banking]
- + IDFC First Bank fraud case: FIR registered, Haryana ACB launches probe—The FIR cites forged signatures, cheque discrepancies and unauthorised fund transfers [Category: Money & Banking]
- + NHA and ESIC sign MoU for convergence of ESI scheme with AB PM-JAY—Another MoU was inked between ESIC and the National Accreditation Board for Testing and Calibration Laboratories (NABL) to promote quality assurance a...
- + FSIB recommends Hitesh Joshi for CMD position in GIC Re—Joshi, who is currently Executive Director with the State-owned reinsurer, has been exercising the financial and administrative powers and functions o...
- + Banks up scrutiny on large value branch transaction post IDFC First Bank fiasco—The RBI may engage with IDFC First Bank bilaterally to identify the gaps and persons accountable for the fraud [Category: Money & Banking]
- + IDFC First Bank re-pays ₹583 crore to Haryana government departments—The matter is confined to a specific group of government-linked accounts within Haryana Govt operated through the said branch in Chandigarh and does n...
- + All money lost in IDFC First Bank fraud recovered: Haryana CM—The government will ensure that anybody who is involved – be it a bank employee, private individual or even a government employee -- will not be spare...
- + Paytm launches savings in Silver on its app—Starting at ₹20, Paytm Silver will enable savings in small amounts [Category: Money & Banking]
- + PSBs up their game on credit underwriting, ensuring lower slippages—While overall NPA additions ranged between 18% and 24% of the NPA opening balance in the case of PSBs, it ranged between 61% and 93% for PvSBs in the ...
- + IDFC First Bank steadies after Monday’s rout, shares trade flat—Traded volume stood at around 804 lakh shares with a traded value of ₹563 crore by mid-morning, significantly lower than Monday’s ₹2,027 crore, sugges...
- + RBI likely selling dollars to limit rupee's fall, traders say—The rupee was at 90.9525 per dollar, down about 0.1% on the day [Category: Money & Banking]
- + IDFC First Bank appoints KPMG for forensic audit of ₹590 crore fraud—The bank’s MD, CEO V. Vaidyanathan said the lender will “spare no one” as it suspected that the bank’s employees colluded with external parties to com...
- + IDFC First Bank fraud: RBI Governor says ‘no systemic issue’—Meanwhile he also clarified that change in the base year for retail inflation will not impact its recommendation about changes in the targeted inflati...
- + Govt to auto credit ₹30.52 crore in 7.11 lakh inoperative EPFO accounts—Overall ₹10,903 crore is lying idle in 31.86 lakh inoperative accounts, opened over the last two decades [Category: Money & Banking]
- + IOB Officers call for strike on March 2 demanding work-life balance and right to disconnect—As part of the planned agitation schedule, demonstrations were held at regional centres on February 23, followed by protests on February 26, culminati...
- + Airtel to invest ₹20,000 crore in NBFC arm Airtel Money—While Airtel will contribute 70% of the investment, the promoter group, via Bharti Enterprises, will contribute 30% over the next few years [Category:...
- + Star Health Insurance sees 50% increase in new policy demand post GST cut on health insurance—The company’s focus is on increasing insurance penetration and securing new-to-insurance customers, especially in Tier 2 and Tier 3 geographies [Categ...
- + Banks should focus on core business, not on mis-selling, says FM Sitharaman—“I’m glad the RBI is issuing guidance against mis-selling; The message should go to the banks that they cannot afford to mis-sell, and it is an offenc...
- + RBI holds 621st central board meeting in presence of FM Sitharaman—The Board assessed the global and domestic economic landscape, factoring in the challenges arising from geopolitical developments and financial market...
- + AU SFB says engaging with Haryana govt for re-empanelment—Sees no financial impact on bank due to de-empanllement [Category: Money & Banking]
- + Axis Bank denies bidding for CreditAccess Grameen—Sources indicate CA Grameen has been on the block for many years now to provide an exit to its long term investors [Category: Money & Banking]
- + Merchant payments outpace consumer play as Paytm holds profit edge: Bernstein—The brokerage said merchant acquiring offers structurally stronger monetisation than consumer payments, driven by higher take-rate instruments such as...
- + “We will spare no one”: IDFC First Bank CEO says on ₹590 crore fraud—Bank’s shares cracked up to 19% in early market trading hours following the disclosure [Category: Money & Banking]
- + IDFC First Bank tanks 16% on ₹590 crore fraud; AU Bank slips 7% on Haryana de-empanelment—AU Small Finance Bank was the second major casualty, falling 6.6% to ₹961.65 [Category: Stocks]
- + RBI not looking to revisit lending rules for proprietary traders, brokers: Malhotra—Rules on collateral, proprietary trading to take effect April 1 [Category: Money & Banking]
- + Staff collusion led to account fraud, profits to stay solid despite provisions: IDFC Bank—The bank will take some provisions as a result of the fraud... (but) On a standalone basis, we were expecting a very solid Q4 in terms of profitabilit...
- + Banking sector earnings likely to rebound 17% in FY27-28E, private banks to lead growth: Report—The report noted that the tide is turning for banks, with earnings revisions turning positive after many quarters, indicating that the sector is appro...
- + The Latest Fixed Deposit Interest Rates: Feb 20, 2026— [Category: Money & Banking]
- + The Latest Home Loan Interest Rates: Feb 20, 2026— [Category: Money & Banking]
- + Bitcoin falls below $65,000 in latest bout of tariff uncertainty—Bitcoin earlier this month wiped out the remaining gains it had seen since Trump won re-election in November 2024 [Category: Crypto Currency]
- + IDFC First Bank, AU Small Finance Bank de-empanelled for govt business in Haryana—IDFC First Bank disclosed on Sunday that a ₹590-crore fraud was committed by its employees and others in accounts held by the Haryana government with ...
- + India's new lending curbs seen squeezing trading firms—Under the current rules, trading firms use bank financing to ramp up leverage and reap big profits, outmaneuvering retail investors with their much...
- + IndusInd Bank CEO: RBI’s stern cross-selling guidelines to strengthen banking system—RBI’s final guidelines on acquisition financing could provide IndusInd the opportunity to partner with some of the bigger banks for large transactions...
- + SBI aims to up green advances portfolio to 7.5-10% by 2030—SBI has launched CHAKRA, a Centre of Excellence to finance sunrise sectors such as renewable energy, electric mobility and green hydrogen, acceleratin...
- + IDFC First Bank flags ₹590 crore fraud from Chandigarh branch—Issue tied to Haryana govt-linked accounts; four bank officials suspended [Category: Money & Banking]
- + YES Bank looks to exit FY26 with ROA of 1%: CFO—Return on assets is a profitability metric that measures how efficiently a bank uses its assets to generate profit [Category: Money & Banking]
- + SBI actively investing in startup-focused funds to strengthen MSME ecosystem, says MD Ravi Ranjan—He also said that the bank has started a startup hub in different cities and unmatched skill and digital progress have helped bring startups from gett...
- + RBI builds secured data centre away from potential enemy strikes, seismic risk—The greenfield facility in Bhubaneswar will support the central bank’s currency management, payment and settlement operations, and regulatory data fun...
- + IDFC First Bank discloses ₹590 cr fraud by employees in Haryana govt accounts—Four officials working for the IDFC First Bank have been placed under suspension pending investigation, the bank said [Category: Money & Banking]
- + PhonePe launches AI-powered search built using Microsoft Foundry—This feature enables PhonePe users to initiate and complete in-app tasks via natural language text or voice commands, enhancing convenience and bringi...
- + IOB Officers’ Association threatens nationwide strike on Mar 2 over alleged coercive practices—In a statement, it claimed that repeated representations highlighting concerns over morale, mental well-being and institutional functioning have not r...
- + PhonePe launches AI-powered natural language search built on Microsoft Foundry—“This feature allows PhonePe users to complete in-app tasks using natural language text or voice commands, enhancing convenience and personalising the...
- + IDBI Bank officers, staff serve notice for nationwide hunger strike on March 9—Warns of intensified action, including indefinite strike, if move for privatising bank is not revoked [Category: Money & Banking]
- + RBI likely to go for a prolonged policy rate pause: ICICI Bank report—A more positive outlook on growth implies that the odds of further rate cuts are low, but a low for longer regime is likely to play out, given that he...
- + SBI can provide acquisition financing support of up to ₹94,000 crore to India Inc, says Chairman Setty—SBI is in talks with Japanese banks to jointly bankroll acquisition financing [Category: Money & Banking]
- + Banks should give loans to small businesses at cheaper interest rates: DFS Secretary—Nagaraju observed that Indian banks’ credit-to-GDP ratio stands at just 57%. This is significantly lower than economies like China, which has 199% cre...
- + LIC MF’s Pocket SIP accounts hit 1.80 lakh—The fund house facilitates minimum daily and weekly SIP of ₹100 and ₹150, while monthly SIP can start from ₹200 [Category: Money & Banking]
- + Central banks worldwide to follow dissimilar paths while approaching end of easing cycle, says RBI Governor—As external sources like prices of oil, commodity, etc., are expected to weigh on inflation, MPC members called for maintaining status quo on repo rat...
- + Total corporate bond issuances declined 6% in 9MFY26 amid rising yields and shift towards bank credit: RBI Bulletin—Corporate bond yields hardened across tenors and the rating spectrum, with their spreads over corresponding maturity government securities generally w...
- + Investors see Bitcoin dip as investment opportunity: Mridul Gupta, Founding Partner, CoinDCX—“The price correction offers investors a great chance to enter, with many starting new SIPs and portfolio deployments in this asset class” [Category: ...
- + KVB reduces lending rates by 10 basis points from February 22—MCLR is calculated based on the marginal cost of funds, negative carry due to the cash reserve ratio, operating expenses and tenor premium [Category: ...
- + Aim to break into top 10 apps used for UPI payments, says MobiKwik co-founder— [Category: Companies]
- + Maharashtra’s MSME credit guarantees rise 3.6 times in three years—The amount approved under the scheme has also seen a parallel increase [Category: Money & Banking]
- + Digital payments rivalry: Paytm leans on merchant edge as PhonePe scales volume, say brokerages—Paytm reported a higher total revenue of ₹38.6 billion for the first half of the 2026 fiscal year, compared to PhonePe’s ₹31.6 billion [Category: Mark...
- + ANMI seeks 6-month freeze on RBI rules that curb bank lending, document shows—The Reserve Bank of India tightened norms for bank lending last week, saying that the cash collateral for guarantees will be raised to 100% from...
- + India’s state banks draw foreign funds, bucking wider pullback—The resilience of state banks contrasts with $19 billion of net foreign outflows from the nation’s equities last year, signaling global funds are real...
As of 3/10/26 3:01am. Last new 3/10/26 12:36am. Score: 433
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