Posts

RBI’s operation to keep overnight rates within policy c...

The RBI cut its policy rate by a steeper-than-expected 50 basis points last mont...

RBI advises banks to integrate DoT's financial fraud te...

DoT welcomes RBI’s advisory, issued on June 30, 2025, directing all scheduled co...

RBI could expedite the approval process for IndusInd Ba...

Typically, the regulator takes three-six months to assess the candidature for CE...

Nehal Modi held in US over ₹13,000 cr PNB scam; bail he...

Nehal Modi, 46, the younger brother of fugitive diamantaire Nirav Modi, is accus...

LIC posts 14.6% growth in June individual premium income

In June 2025, LIC collected ₹5,313 crore in individual premium, compared to 25 p...

Financial inclusion should not be tool of financial exp...

Nirmala Sitharaman also advised that interest rates should be reasonable and the...

Indian Bank pays over ₹1616 crore in dividend to the Go...

For the financial year 2024-25, Indian Bank declared a dividend of ₹16.25 per sh...

Karnataka Bank appoints Raghavendra Srinivas Bhat as MD...

Bhat has had a 38-years’ career at the Karnataka Bank Ltd, starting as a clerk i...

RBI could tighten supervisory norms for NBFCs in FY26, ...

NBFCs with high lending rates, portfolio churn, more customer complaints, frauds...

Public sector banks strengthen digital footprints

Public sector lenders Indian Bank and Indian Overseas Bank on Friday launched a ...

RBI to hold ₹2.5 lakh crore 7-day VRRR auction on Friday

The RBI conducts VRRR operations to absorb excess liquidity from the banking sys...

Blackstone, L&G sign $20 billion private credit tie-up ...

The tie-up will see the New York-based alternative fund giant originate investme...

Retail asset securitisation sees stable yet slightly su...

Stable demand and diversified funding strategies keep momentum strong, says Care...

Avoidance transactions must be disclosed upfront in the...

Avoidance transactions include undervaluation, fraud, overvaluation, preferentia...

Lenders use Gift City route to tap overseas clients

Axis Bank consolidated its international business, including corporate and finan...

RBI imposes monetary penalty on HDFC Bank, Shriram Finance

Imposes ₹4.88 lakh penalty on HDFC Bank, ₹2.70 lakh penalty on Shriram Finance

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