The Hindu Businessline

The banks MD, CEO V. Vaidyanathan said the lender will spare no one as it suspected that the banks employees colluded with external parties to commit the fraud

Overall 10,903 crore is lying idle in 31.86 lakh inoperative accounts, opened over the last two decades

As part of the planned agitation schedule, demonstrations were held at regional centres on February 23, followed by protests on February 26, culminating in the March 2 strike

While Airtel will contribute 70% of the investment, the promoter group, via Bharti Enterprises, will contribute 30% over the next few years

The companys focus is on increasing insurance penetration and securing new-to-insurance customers, especially in Tier 2 and Tier 3 geographies

The Board assessed the global and domestic economic landscape, factoring in the challenges arising from geopolitical developments and financial market volatility

Sees no financial impact on bank due to de-empanllement

Sources indicate CA Grameen has been on the block for many years now to provide an exit to its long term investors

Im 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 offense, she said

Banks shares cracked up to 19% in early market trading hours following the disclosure

We are watching the development, there is no systemic issue, Malhotra told reporters at a press briefing

Rules on collateral, proprietary trading to take effect April 1

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 profitability, IDFCs Managing Director and Chief Executive V Vaidyanathan said

Bitcoin earlier this month wiped out the remaining gains it had seen since Trump won re-election in November 2024

Under the current rules, trading firms use bank financing to ramp up leverage and reap big profits, outmaneuvering retail investors with their much higher level of sophistication

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 last three years

SBI has launched CHAKRA, a Centre of Excellence to finance sunrise sectors such as renewable energy, electric mobility and green hydrogen, accelerating Indias green transition

Issue tied to Haryana govt-linked accounts; four bank officials suspended

Four officials working for the IDFC First Bank have been placed under suspension pending investigation, the bank said

In a statement, it claimed that repeated representations highlighting concerns over morale, mental well-being and institutional functioning have not received an adequate response

Warns of intensified action, including indefinite strike, if move for privatising bank is not revoked

SBI is in talks with Japanese banks to jointly bankroll acquisition financing

Nagaraju observed that Indian banks credit-to-GDP ratio stands at just 57%. This is significantly lower than economies like China, which has 199% credit-to-GDP ratio; the US at 147% and Japan at 153%

The fund house facilitates minimum daily and weekly SIP of 100 and 150, while monthly SIP can start from 200

Corporate bond yields hardened across tenors and the rating spectrum, with their spreads over corresponding maturity government securities generally widening

As external sources like prices of oil, commodity, etc., are expected to weigh on inflation, MPC members called for maintaining status quo on repo rate

The price correction offers investors a great chance to enter, with many starting new SIPs and portfolio deployments in this asset class

MCLR is calculated based on the marginal cost of funds, negative carry due to the cash reserve ratio, operating expenses and tenor premium

The amount approved under the scheme has also seen a parallel increase

Paytm reported a higher total revenue of 38.6 billion for the first half of the 2026 fiscal year, compared to PhonePes 31.6 billion

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 50%

The resilience of state banks contrasts with $19 billion of net foreign outflows from the nations equities last year, signaling global funds are reallocating toward areas seen as offering steadier earnings visibility and insulation from AI-driven volatility

The DPI, with March 2018 as the base, climbed to 516.76 by September 2025, more than five times its initial level

Praveen Kutty, MD and CEO, DCB Bank, says the bank will continue to focus on growing secured loans

UTIs are key global data elements for reporting OTC derivatives, providing policymakers with a comprehensive view of the market

The move aims to protect economically vulnerable clients, as many remain unaware of zero-balance options

Panda called for removing regulatory and policy bottlenecks and urged collaboration under industry bodies to meet emerging challenges.

Stable Money said users can book fixed deposits without opening a savings account and access instant withdrawals. It also offers short-term fixed deposits, secured credit cards and other products.

Muthoot MCreds AUM stands at 5,494.58 crore

Expansion push comes as US immigration policies add friction to deploying Indian talent overseas

The bank tied up with US-based cloud software provider Salesforce last year to rejig its loan origination systems (LOS) in order to deliver a digital-first experience for customers

Bitcoin, which has traded like a high-beta tech proxy in recent months, mirrored an earlier move lower in US equities but failed to keep pace when stocks edged higher