The Hindu Businessline

The CBI alleges Mistry was involved in the criminal conspiracy that resulted in Punjab National Bank suffering substantial losses

Investigators allege the funds were routed through jewellers bank accounts and presented as legitimate business transactions.

Imposing UPI chargeson top of high capital investment, price volatility and market sluggishnessthreatens the very survival of small- and medium-sized jewellery businesses

The central banks sell/buy swaps have pushed dollar-rupee forward premiums higher, raising the cost of hedging dollar exposure, with the one-year premium up around 50 basis points this month

The Foreign Currency Non-Resident (Bank) deposit (FCNR(B))-driven liquidity has emerged as a key near-term catalyst for the banking sector, the report says

The CRA said BoIs Long-Term IDRand Government Support Rating are equalised with Indias sovereign rating (BBB-/Stable), reflecting itsview of a high probability of extraordinary state support for the bank, if required.

Yield of the benchmark 10-year G-Sec (6.94% GS 2026) closed at 7.19%, a level last seem in April 2024, against the previous close of 7.12%

Refuses plea by petitioner for interim stay, but issues notice

The cap, proposed in 2020, has already faced multiple extensions, with the latest deadline set for December 31, 2026

Five-day banking must become a reality for the banking industry at the earliest. We are moving towards that, said UFBU in a statement

The new vertical combines specialised banking capabilities as Indias GCC ecosystem expands in scale, strategic importance and sophistication

The company plans to trim marketing expenses and slow down hiring, Nomura said in its report

The petitioner had prayed for a stay, but the bench did not accept; The date for the next hearing has not been fixed

Sources said the Tata Sons board is expected to finalise its response to the RBI, including a broad timeline for undertaking the listing process

McKinsey says that insurers are reassessing the traditional direct-to-customer (D2C) model as customers increasingly discover and evaluate products through AI-powered search and conversational interfaces

The rupee has already seen a decline of 0.1 per cent, to 95.89 per dollar, with the central bank's presence helping it hold above the 96 mark

A high-level committee of IBA and UFBU will be formed immediately to deliberate on the issue of declaring the remaining Saturdays as holidays

HSBCs growth drive pits it against larger local rivals like ICICI Bank and Kotak Mahindra for Indias fast-expanding wealth pool

The decision follows an agreement to form a high-level committee to examine remaining Saturdays as holidays and address other pending demands

The SBI Chiefemphasised that SBIs GIFTCity IBU complements its domestic branches by offering good interest rates to customers for periods of less than one year

The ministry noted that the Reserve Bank of India has granted approval for all bank branches, offices, ATM-link branches and Currency Chests to remain fully operational on September

NRE inflows plunge sharply during the April-July period

PB Fintech was in the spotlight following an IRDAI proposal that could impact its insurance revenues

The performance of banks in areas including Agriculture and Allied Activities, Micro, Small and Medium Enterprises (MSMEs), education loans, housing and other priority sectors was reviewed

The PIL filed by advocate Anjan Datta has challenged the Centre's September 14 notification and the MDR framework announced on September 15, which is stated to come into effect from October 15.

NABARD to explore increasing support through the Rural Infrastructure Development Fund (RIDF) and other financing instruments

So, a bank does not necessarily need to mobilise liabilities (such as deposits) before credit creation

In Bihar, Jeevika Didi refers to women members of State government initiative Bihar Rural Livelihoods Project (BRLP), locally known as Jeevika, aimed at the social and economic empowerment of rural women through Self-Help Groups

The changes are expected to accelerate repatriation of export earnings and improve foreign exchange inflows, while reducing regulatory bottlenecks by shifting more approval powers to authorised dealer banks

The revised time period for realisingexport proceedsis counted from the date of shipment in case of goods (other than goods exported to a warehouse outside India) and from the date of invoice in case of services

Opens branch in Mannargudi, with plans for branches in Karaikkal and Thiruthuraipoondi in the pipeline

Infuses 1,450 crore primary capital; buys 45% from Edelweiss for about 600 crore; Nido net worth seen at 2,300 crore in 18 months

Customers will continue to have access to branch banking services, agricultural and rural credit, business banking facilities, and digital channels such as ATMs, internet banking, mobile banking and UPI, depending on the services offered by individual banks

The Latest Fixed Deposit Interest Rates: Sep 25, 2026

The Latest Home Loan Interest Rates: Sep 25, 2026

The Finance Minister assured that the MDR will not be passed on to consumers and will be borne within the merchant payment ecosystem.

The strategic disinvestment of IDBI Bank is moving at a steady pace and the government is evaluating the financial bids submitted by the interested investors, the sources said

The transaction marks the first financing by a scheduled commercial bank to an Indian REIT at the trust level

Commission rates for credit-life products could be reduced to 2%, report says

Vedanta plans to raise 3,500 crore through three-year bonds and could pay a coupon of about 8.75%

The reforms, if implemented, seek to make insurance more affordable and transparent, but raise questions about distribution viability and near-term growth.

Asbe stressed Indias need to ramp up its UPI growth as it currently lags behind countries like Brazil and China that took up such payment systems much later than India

RBI officials emphasised that loan pricing should be risk-based

He noted that technology is now embedded in almost every critical banking function, from core banking and payments to customer onboarding, credit assessment, fraud monitoring and regulatory reporting

80% of the MDR collected would come from businesses with annual turnover of more than 1,000 crore, NPCI chief Dilip Asbe, said

Adoption among banks, however, remains at an early stage. Only 21 % of banks surveyed are currently actively scaling at least one accelerated intelligent money instrument, Capgemini said.

The proposed norms could change distributor incomes and insurance sales models, while potentially lowering costs embedded in policy premiums

HSBC aims to launch business in next few months; will target countrys high-net-worth individuals, sources say

NaBFID sold the bonds at a spread of 105 basis points above U.S. Treasury, and the coupon works out to be 6.1220%, sufficiently lower than the initial guidance of 130 bps.

RBIs recent swaps reflect the scale of cash surplus the central bank is currently tackling