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Some concrete measures being discussed include having standard treatment protocols for common ailments to start with, which could help define pricing, says Dr S Prakash, Chief Executive Officer at General Insurance Council
This is the second time in less than three months that RBI has cancelled a treasury bill sale
Strong banks require capital and technology; they also require judgment, governance, accountability and institutions that learn.
Credit demand seems to be robust across sectors, he said
A pause will definitely help us stabilise in terms of ensuring that smooth growth rates are achieved, Setty said
These investments will be required across infrastructure, manufacturing, energy transition, urban development, MSMEs and innovation, Setty said at the Citi Investor Conference
Rising benchmark yields have lifted corporate borrowing costs, dampening companies appetite for debt sales, even as the RBI is widely expected to keep its policy rate unchanged on Frida
In December 2025, IOB received approval from the RBI to establish an International Financial Services Centre Banking Unit at GIFT City
Robust transmission of repo rate cuts to lending rates; household sector accounts for 58.6% of total bank credit
Total deposits increased by 12 per cent to 10.62 lakh crore, while total credit expanded by 13 per cent to 7.74 lakh crore
The insurance company, a joint venture between Generali of Italy and the Central Bank of India, ended 2025-26 with a first-year premium of 964 crore
The rupee has tumbled to record lows since the Iran war broke out at the end of February, as a resultant spike in crude prices delivered a severe blow to the country
LSEG benchmark yields on AAA-rated corporate bonds with two- to five-year maturities rose above 8% last week, the highest since early 2019
The Reserve Bank of India likely sold about $12 billion in gold reserves and bought $7.5 billion in foreign-currency assets over two weeks ending May 22, according to BEs senior economist Abhishek Gupta
The product has been designed to work within existing payment habits without requiring customers to adopt a separate payment ecosystem or behaviour
The court ruled that the competent authority acted within its powers in appointing LIC employees as enumerators and supervisors for census operations
The regulator also directed the firm to place the order before the Board of the Corporate Agent in the upcoming Board Meeting
The regulator has also proposed restricting minimum-KYC wallets to payments for goods and services, effectively barring their use for person-to-person transfers
The proportion of SCBs savings deposits declined from 34.6% in March 2022 to 28.7% in March 2026
The conference served as an important platform for discussions on best practices in internal control and governance
Average daily transaction volume stood at 748 million, while the average daily transaction value was 96,465 crore
The scheme, approved by the Union Cabinet on May 5, aimed at providing additional credit flow of 2.55 lakh crore, including 5,000 crore for airlines hit by the ongoing geopolitical crisis
Singh, who is serving as Executive Director of Indian Bank, will succeed K Satyanarayana Raju superannuated in December 2025
The order was passed on an application and suit filed by HDFC Asset Management Company Limited seeking an injunction against the hackers from using, publishing, distributing or disclosing to any person the stolen confidential data
The venture combines Mahindras strong presence in India with Manulifes global expertise to create a customer-focused, AI-driven digital life insurer
The UPI transaction in volume terms was 22.35 billion recorded in April,
The report also argued against a repo rate hike even as global uncertainties and elevated crude oil prices continue to create pressure on currencies and financial markets
Coinbase, which had discontinued its services in India in 2023, resumed crypto trading last year
Q4 Results Highlights Today Live Updates: Stay tuned to businessline for the latest live updates on Q4 earnings.
Risks to inflation and growth stem from spike in global fuel and commodity prices, supply chain disruptions, financial markets volatility, weather-related disruptions and a depreciating Rupee
Depreciation excessive and not aligned with Indias strong fundamentals, says report
Bank to target its own corporate customers who are availing these facilities from other banks.
As LIC navigates its digital transformation, CEO R Doraiswamy outlines plans to explore partnerships with fintech and insurtech firms while considering strategic investments to enhance innovation and improve returns for policyholders.
According to Sharma, AI can help businesses improve customer engagement, discover new ways of reaching consumers and enhance operational efficiency, making companies more scalable and competitive
The transaction, expected to be completed in the second quarter of FY27, follows the banks decision to conduct KMILs business activities directly within the bank from April 1, 2026
The banking sector's net interest margin is expected to hold steady at 2.9% this fiscal, after declining 20 bps last fiscal, said Subha Sri Narayanan, Director, Crisil Ratings
Citigroup and JPMorgan could join Goldman Sachs Group Inc. and Morgan Stanley on the preparations for the listing
The US-Israel war on Iran has disrupted trade, rattled financial markets and raised concerns over global energy supplies, particularly through the Strait of Hormuz, a key route for oil and gas shipments
Credit to agriculture and allied activities registered a year-on-year growth of 13.7% as on the fortnight ended April 30, 2026, against 9.2% in the corresponding fortnight last year, the RBI said
Supervisory agenda to focus on enhancing consistency in supervisory practices across regulated entities
Developed in collaboration with PSB Alliance, the portal aims to improve financial awareness, transparency and ease of access while helping individuals reconnect with their unclaimed assets
Growth in non-food bank credit also accelerated to 15.8 per cent, driven by strong lending to infrastructure, metals, engineering, services and personal loan segments
The Latest Fixed Deposit Interest Rates: May 29, 2026
The Latest Home Loan Interest Rates: May 29, 2026
The bonus declaration will benefitover 95,000 policies
Bank branches will observe multiple closures in June, with the holiday schedule varying from state to state based on regional festivals and local observances.
RBI data showed strong growth in rupee-based import and export transactions during 2025-26, with import settlements rising sharply by over 41 per cent year-on-year.

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