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The Hindu Businessline

Personal Finance / The Hindu Businessline

Supreme Court rules YES Bank's AT1 bond write-off illegal

Shares of Yes Bank fell 13% on Thursday after the news.

15 Oct 2026 3:15 pm
Indian Bank Q2 net profit rises 15% to 3,462 cr

The banks gross NPAs moderated to 1.61% of gross advances at the end of September 2026 compared to 2.6% a year ago.

15 Oct 2026 3:04 pm
Fairfaxs 52,878 crore bank deal signals zest for India assets

The interest suggests robust appetite for financial services assets as the population of wealthy citizens expands and earnings of the middle class rise

15 Oct 2026 1:17 pm
HDFC Bank shares surge 1.60% to 722 as Q2 results weekend nears

Despite the price gains, selling pressure remained firm, with 66.35% of traded volume on the sell side

15 Oct 2026 12:39 pm
India may need rate hikes, tax cuts to buoy rupee, analysts say

The RBI can raise its emergency lending rate for banks, making funds more expensive and tightening liquidity to support the rupee

15 Oct 2026 12:18 pm
IDBI Bank shares tumble 7.5% after 53,000-cr Fairfax deal

Shares of IDBI Bank surged 9 per cent before the announcement on Wednesday, adding Rs 8,086 crore to its market valuation.

15 Oct 2026 11:01 am
Rupee continues its winning streak against US dollar

The Indian currency opened stronger, below the 95 level, on Thursday at 94.91 per US Dollar, up 24 paise against the previous close of 95.15. The Rupee is currently trading at 94.9325.

15 Oct 2026 10:30 am
IDBI Bank stake sale to push MCR receipts beyond 90,000 crore, providing fiscal relief

This mop up will provide relief to government finances at a time when collections from excise are set to be down while expenditure on subsidy and on other welfare scheme is set to go up

14 Oct 2026 9:54 pm
MFI constitute the largest share of lending portfolio in June 2026

This share stayed at around 36% to 38% between June 2022 to June 2025, making this the most significant increase in five years

14 Oct 2026 9:50 pm
Review Govtsdecision to sell majority stake in IDBI Bank: Employees union

The Forum seeks suspension offurther steps towards transferring ownership and management control of IDBI Bank to the foreign entity

14 Oct 2026 9:46 pm
CCEA approves strategic restructuring of IDBI Bank, govt & LIC to get over 52,000 crore

The government is offloading 30.48 per cent of its stake and expected to get over 26,500 crore, while LIC to sell 30.24 per cent and likely to get over 26,300 crore

14 Oct 2026 9:46 pm
Fairfax faces CSB conundrum after winning IDBI Bank bid; Merger emerges as likely route

The Cabinet Committee on Economic Affairs (CCEA) approves 10955230 Canada Inc. as the strategic buyer in the restructuring of IDBI Bank

14 Oct 2026 9:40 pm
From 31% bad loans to a sale-ready bank: How IDBI got here

After years under the RBIs Prompt Corrective Action framework, the bank posted a record net profit of 9,513 crore in FY26; total business crossed 6,27,149 crore as of September 30, 2026, up 18%

14 Oct 2026 9:11 pm
ICICI Lombard Q2 net jumps 15.5% at 946.40 crore, combined ratio worsens

During the period under review, the gross premium written grew 9.11% y-o-y at 7,702.09 crore compared with 7,058.86 crore for the corresponding period last fiscal

14 Oct 2026 9:06 pm
Rupee continues to rise; tests intraday high of 94.75 against US dollar

Government Securities yields rose, tracking pricey crude oil prices amid step up in attacks by Yemen-based Houthi rebels on Saudi Arabias energy infrastructure.

14 Oct 2026 8:34 pm
IDBI exit brings 26,337 crore to LIC, but limited upside for shareholders

Despite a substantial cash inflow and a residual 19 per cent stake in IDBI Bank, the transaction is unlikely to materially alter LICs valuation, analysts say

14 Oct 2026 8:32 pm
Canara Bank Q2 net profit rises 8.4% to 5,175 crore

The banks global business grew 15.88 per cent year-on-year to 30.72 lakh crore as of September 30, 2026, driven by a 19.46% increase in global advances to 13.75 lakh crore

14 Oct 2026 5:33 pm
CCEA approves IDBI Bank stake sale to Fairfax for 52,878 crore; govt, LIC to receive proceeds

The successful bidder will be required to present its credentials to the Reserve Bank of India in accordance with the Fit and Proper Assessment conducted at the EoI stage

14 Oct 2026 5:11 pm
NABARD fully subscribes to NSDCs ZCZP issuance on the Social Stock Exchange

Funds raised via theaforementioned issuance are aimed atcreatingsustainable overseas employment opportunities for 600 rural youth belonging to OBC in Madhya Pradesh

14 Oct 2026 4:50 pm
Nirmala Sitharaman heads to Bangkok for IMF and World Bank annual meetings

Her five-day itinerary includes discussions with global finance leaders, bilateral meetings with counterparts and sessions on infrastructure investment and economic reforms

14 Oct 2026 4:40 pm
Indias short-term borrowing costs hit four-year high as rate hike bets rise

Treasury officials expect further monetary tightening as the RBIs hawkish signals push up short-term borrowing costs and government bond yields

14 Oct 2026 4:15 pm
Canara Bank Q2 profit rises 8% to 5,175 cr

Gross NPAs moderated to 1.33% of gross advances at the end of September 2026 as against 2.35% by the year-ago period.

14 Oct 2026 1:46 pm
Bank of Baroda to defend anysuit brought by NMC Healthcare groups Shetty

Shetty has filed a $15-billion suit against BoBand 25 other defendants, accusing the bank of facilitating corporate fraud linked to the collapse of NMC and UAE Exchange groups

14 Oct 2026 12:08 pm
Rupee gains 145 paise in two trading sessions, but disquiet sets in forex market

On Tuesday, the rupee ended at a five-week high, gaining 49 paise to close at 95.28 per US dollar

13 Oct 2026 10:33 pm
ICICI Life Insurance Q2 net jumps 25% at 374 crore, net premium income rises 16.5%

The company said H1-FY27 was marked by a challenging macro environment

13 Oct 2026 9:48 pm
RBI drains out 25,000 cr liquidity via OMO sale of G-Secs

The banking system had a surplus liquidity of 3,35,901 crore as of October 12

13 Oct 2026 8:48 pm
Passenger vehicle loans show shift towards premiumization

The average PV loan amount growingby 49%to 8.2 lakhand the average loan tenure increasingby five months to 62 monthsbetween the first half (HI) of 2019 and H1 of 2026

13 Oct 2026 8:39 pm
UPI MDR rollout postponed until after Diwali; new date to be announced

The decision follows industry opposition and a legal challenge, with the Supreme Court seeking explanations from NPCI, RBI and the Centre

13 Oct 2026 6:20 pm
Average loan size for passenger vehicles rises 49% to 8.2 lakh in 7 years: TransUnion CIBIL

NBFCs continue to lead vehicle financing, accounting for 73% of two-wheeler loans and 37% of passenger vehicle loans

13 Oct 2026 4:14 pm
Citi and Credendo close $328 million financing for 8 IndiGo aircraft

Transaction marks first Credendo-insured aviation financing globally and first ECA-backed deal through GIFT IFSC structure

13 Oct 2026 2:19 pm
UPI payment fee roll-out postponed until after Diwali

The 0.4% charge for merchants on transactions exceeding 2,000 was scheduled to take effect on October 15

13 Oct 2026 1:56 pm
Fintech funding rises 14% to $2.2 billion in Jan-Sep; deal count falls 41%: Tracxn

Funding in the first nine months of 2025 stood at $1.9 billion

13 Oct 2026 12:16 pm
RBI widens ambit of forex risk reserve requirement, tightens NDF rules

The first set of new rules mandated that banks make a 20% cash deposit with the RBI for FX derivatives used by their clients to hedge current-account exposures

13 Oct 2026 9:43 am
Bank of India classifies Kishore Biyani-promoted Future Enterprises account as fraud

The public sector lender disclosed the classification in a regulatory filing, citing its policy on determining and disclosing material events and information

12 Oct 2026 9:38 pm
OnMeta, QazPost tie-up for digital payments infra in Kazakhstan

The partnership brings together QazPosts nationwide distribution network and OnMetas rapidly growing digital payments infrastructure at significant scale

12 Oct 2026 9:27 pm
Banks seek operational guidelines on maintaining Foreign Exchange Risk Reserve with RBI

The FERR has been introduced as part of RBIs measures to curb speculation and contain volatility in the forex market

12 Oct 2026 9:08 pm
Rupee perks up 96 paise on RBIs weekend measures

The last time the INR had a better opening than todays was on February 3, 2026, when it opened 111 paise stronger at 90.40 per USD against previous close of 91.51

12 Oct 2026 8:55 pm
IRDAI may extend consultation, implementation timelines for distribution reforms

With the Oct 25 feedback deadline likely to stretch, regulators may widen chats and roll out changes in steps after the next financial year

12 Oct 2026 8:54 pm
RBL Bank PAT doubles to 481.7 crore on FCNR(B) boost in Q2FY27

Net interest income increased 37.4 per cent to 2131 crore

12 Oct 2026 8:28 pm
CBI court orders proclamation against Jatin Mehta in 146.35 crore Canara Bank fraud case

The court said the accused remained untraceable despite earlier warrants, while allowing the agency to pursue proclamation proceedings to secure their presence

12 Oct 2026 7:54 pm
Karnataka Bank launches digital platform for forex services

The platform is designed to support the evolving requirements of businesses engaged in international trade and individuals undertaking foreign remittances by providing a seamless, secure and efficient digital channel

12 Oct 2026 6:39 pm
Viyona Fintech expands opeartions to Zimbabwe

The move aligns with the upcoming rollout ofViyona Tap & Pay, an NFC-based SoftPOS solution designed to turn commercial Android smartphones into contactless payment terminals

12 Oct 2026 3:28 pm
Ashok Leyland partners with Tamilnad Mercantile Bank for providing vehicle finance facilities

Under this partnership, TMB will be able to provide end-to-end financial solutions to the customers of Ashok Leyland

12 Oct 2026 1:15 pm
Upping of daily CRR maintenance requirement could lead to small dilution in banks interest margins: Jefferies

In line with the change in MPC stance to calibrated tightening, RBI raised daily CRR from 90% to 99%

12 Oct 2026 10:27 am
Banks set for mixed Q2 show as NIMs weaken despite profit growth

PAT growth for the top five lenders is estimated at 7-17 per cent year-on-year, while NIMs are expected to contract across most banks

11 Oct 2026 9:00 pm
What happens when merchants pass on UPI MDR costs to customers?

An IIT Bombay study mentions two aftereffects: First, consumers who purchase goods/services for more than 2,000 pay a higher price; second, the higher selling prices percolate even to those making purchases of less than 2,000

11 Oct 2026 7:01 pm
Focus on actual payouts, not just claim settlement ratios: IRDAI Chairman

The Insurance Regulatory and Development Authority of India (IRDAI) is confident of curbing misseling with the help of proposed reforms

11 Oct 2026 3:15 pm
RBI tightens forex derivatives framework to ensure orderly functioning of market

Banks required to maintain a Foreign Exchange Risk Reserve in cash with RBI; Central Bank to open a special window to meet the entire daily dollar needs of three public sector oil marketing companies

10 Oct 2026 11:47 am