In an interview with businessline, Vishwanath says the health insurer is confident of meeting the new regulatory Expenses of Management norm by end of the current financial year

The scheme will come into force with effect from August 4

The bidding at the auction indicates the amount of surplus liquidity with Banks, which at the last count was at Rs 2.86 lakh crore as on July 31, 2025

MD & CEO N Kamakodi said post-Covid challenges are now behind, and the bank is on a steady growth path

According to the rating agency, the upward revision was based on the improvement in the banks risk profile and asset quality among others

In June, a total of 18.40 billion transactions amounting to 24.04 lakh crore were conducted using UPI

He holds a Bachelors degree in commerce and a PGDM from TAPMI, Manipal

The data, collected from 41 select scheduled commercial banks that account for around 95% of total non-food credit, indicates a broad-based moderation in credit expansion across key sectors of the economy

Gross premiums written for the quarter under review soared 11.44 per cent year-on-year to 1631.90 crore compared to 1464.18 crore in the same quarter of the last fiscal, according to a stock exchange filing.

The private sector bank crossed Rs.300 crore mark of quarterly PAT for the first time in its history

Credit demand weakened across agriculture (6.8%), industry (5.5%), services (9.6%), and personal loans (14.7%).

The platform now manages 1.1 crore vehicles and has facilitated uninterrupted coverage for over 10 lakh vehicles

The NBFCs assets under management was up 23% at 2,07,663 crore; capital adequacy ratio was at 19.96 per cent

The fixed rate liquidity operations policy will help banks manage their needs better, several bankers proposed to the RBI in meetings held over the last few months

In order to rein in slippage in the MSME segment, the bank plans to make the digital process mandatory for MSME loans of up to 25 lakh

Chair Jerome Powell acknowledged that Trumps tariffs are nudging inflation upward but stressed more time is needed to evaluate their long-term impact.

The rupee closed at 87.4250 per US dollar

Target in line with Ujjivan Small Finance Banks aspirations to become a universal bank

NBFC expects 10-15 bp improvement in its gross stage 3 or bad loan ratio by FY26 end

The bank is working with Goldman Sachs Group Inc. on a pilot project to combine some of the projects backed by its International Finance Corp. unit into a package to offer to the market in the next four to five months

The retail mortgage loan growth will be driven by robust demand and the restricted availability of alternative credit options due to ongoing issues with unsecured lending

PNBs total income rose to 37,232 crore, and interest income increased to 31,964 crore

The data shows that over 27% of Indias crypto investments are concentrated in metros of Delhi, Bengaluru and Mumbai, averaging returns of 62-63%

In FY25, the private sector banks Gross NPA (non-performing asset) and Net NPA levels increased to 4.71% (3.84% in FY24) and 1.28% (1.11%), respectively

Star Health Insurance recorded a gross written premium (GWP) of 3,936 crore, a 13 per cent year-on-year growth

Other income, including fee-based income, treasury income and recovery in written-off accounts, jumped 66 per cent to 2,166 crore against 1302 crore in same quarter last year

Lenders can invest up to 20% of the corpus of AIF against 15% allowed in draft guidelines

They risk eroding the publics trust in the integrity of the banking system, says RBI Deputy Governor Swaminathan

The government has been closely working with different stakeholders, including the Reserve Bank of India (RBI), National Payments Corporation of India (NPCI), fintechs, banks and state governments, to increase the adoption rates of digital payments in the country including in tier-2 and tier-3 cities

The RBI has taken various steps to identify and return such unclaimed deposits to the account holder or nominee or legal heirs, says Minister Pankaj Chaudhary

The RBI has invited comments on the draft directions from public/stakeholders till August 25

Bank submits candidates names to the RBI for the vacant CEO position

The number of cases dropped from 2.93 lakh in FY24 to 1.45 lakh in FY25, marking a 50.3 per cent decline.

Bank targets 14% business growth in FY26 as digital upgrades, MSME focus fuel momentum

Critical minerals are an important business opportunity for banks that requires exclusive policy focus and strategic direction within banks

We are looking at a ULIP to non-ULIP ratio of 65:35 for FY26 against 70:30 last fiscal, says MD & CEO Amit Jhingran

Prescribes new norms for rural, social sector and motor third party obligations

Besides the fund raising plan, the bank is betting big on its UPI related payments proposal, as it is currently working on developing an IND-UPI application, similar to the services provided by PhonePe, GPay or PayTM

Company registered a 53% AUM growth during the quarter ended June 30, 2025.

As at March-end 2025, Saraswat Co-operative Bank had a total business of 91,814 crore, comprising total deposits of 55,481 crore and advances of 36,333 crore

The penalty was imposed for violating information and cyber security guidelines.