The Hindu Businessline

Finance Ministry said, Consumers making payments will not face any transaction charges and that all Person-to-Person transactions will continue to be free of charge

The Minister underscored that common peoples co-operatives should be formed by aggregating their savings, creating a big pool which can be used to do big business

The current debate about the UPI ecosystem is not about changing the fundamental design principles

Track all the latest Q1 FY27 earnings announcements, corporate developments and management commentary as companies including Delhivery, Eveready Industries India, Medi Assist Healthcare Services, Oswal Pumps, Studds Accessories report their June quarter results.

Draft norms tighten leverage requirements, exposure calculations and capital distribution rules, reinforcing banking sector resilience under globally aligned regulatory standards

Q1 Results Today, 07th August 2026 Highlights: Follow Q1FY27 live updates from businessline

Housing loans increased 11.4 per cent to 8.44 lakh crore, while vehicle loans rose 15.2% to 6.24 lakh crore, highlighting steady consumer demand

These banks are offering interest rates 150 bps higher than large lenders

Gross advances of PSBs grew by 15.7 per cent to 127 lakh crore as on March 31, 2026

To enhance customer centricity and promote inclusive banking, PSBs have reviewed their service charge structures.

FCNR (B) deposit inflows will give Indias largest bank a clear visibility on liquidity and helping it reduce dependence on bulk deposits

Total subscribers of NPS, a defined contribution pension system, from the non-government sector stands at around 90 lakh at present

The Board also approved fundraising aggregating to around Rs 55,000 crore by way of issue of Non-Convertible Debentures (NCDs)

Rating reflects diversified lending book; Q1 net profit doubles to 353 crore on strong AUM growth

Once the Yogloans acquisition is complete, over the next two and a half to three years, TCL expects to add close to about 500 plus branches and with a portfolio of approximately 4,000 to 5,000 crores

Gross advances grow 27%, led by gold and microfinance loans

Were on track for 20% business growth in FY27, says CEO Vijay Anandh

RBI-appointed liquidator Girikumar M Nair to take charge after licence cancellation in April

The High Court has appointed an official liquidator to oversee the winding up of Paytm Payments Bank following the RBIs decision to revoke its banking licence over regulatory violations.

We are also consciously growing our retail, agriculture and MSME portfolio, says Brajesh Kumar Singh

With this, the shareholding of TVS Motor in TVS Credit will increase from 80.76 per cent to 85.15 per cent

We are analysing the impact, says Anil Aggarwal, MD & CEO of Shriram General Insurance

The cover extends to losses resulting from hackers gaining access to financial data or digital assets through a connected vehicle

HSBC has offered leverage of as much as 19 times the deposit, compared with about nine times at Standard Chartered

The Latest Home Loan Interest Rates: Aug 07, 2026

The Latest Fixed Deposit Interest Rates: Aug 07, 2026

Officers body sought intervention of President as Custodian of public sector financial institutions and public sector undertakings, to safeguard institutions created and nurtured in public interest

Net interest income rose 15% to 46,992 crore, up from 40,907 crore a year ago

A term loan refers to a fund based credit facility of a fixed principal amount, made available by an NBFC to a borrower

ICICI Bank and Axis Bank raise $300 million each in US dollar debt market for the second time in two months

The Committee noted that the 18% GST on insurance products has adversely affected affordability and insurance penetration

The rupee appeared on track to open weaker around 95.35-95.40 per dollar, but central bank intervention right around the time the local spot market opened at 9:00 am IST helped shore up the currency

Q1 Results Today, 07th August 2026 Live Updates: Follow Q1FY27 live updates from businessline

Zero MDR contributed significantly to this growth by allowing consumers, small shops and roadside vendors to make and receive payments without transaction charges: GTRI

The RBI approval enables the company to expand regulated cross-border payment services for businesses with faster and compliant trade remittances

Tata Sons continues to feature on it; REC, Power Finance Corporation, Indian Railway Finance Corporation and HUDCO are in the list

ED has chargesheeted Pushpinder Singh along with his two colleagues at Kotak Mahindra Bank and an employee of the Panchkula municipal corporation, accusing them of defrauding the Haryana government of more than 100 crore

New RBI norms strengthen borrower rights through fair recovery practices, stricter lender accountability and safeguards against misuse of recovery powers.

The inclusion is noted to be independent of Tata Sons ongoing application for de-registration, which is still under review

Standard Chartered was the first foreign bank to commence operations in GIFT City in 2020

The new fund offer will be open for subscription on August 7

The auction will follow a multiple price-based method and will be held through the RBIs e-Kuber system

Paramotor will undertake the marketing and distribution of ABCDLs prepaid products while ensuring compliance with applicable RBI regulations

With over 15 years of AI innovation, Flytxt currently serves more than 80 enterprise customers across 50 countries, helping them transform customer data into actionable intelligence and driving measurable business outcomes

The company undertook a private placement of 2.34 crore equity shares at an issue price of 159 apiece

Q1 Results Today, 06th August 2026 Live Updates: Follow Q1FY27 live updates frmo businessline

Net profit increased 5% to 131 crore in the quarter

The bank has stood apart from regional counterparts ranging from Indonesia to Australia by keeping policy on hold since the Iran conflict erupted.

RBI pares its FY27 retail inflation projection to 5%; marginally ups real GDP projection to 6.7%

Central bank expects healthy inflows into FCNR (B) deposits going forward