The Hindu Businessline

According to the report, expectations may have been inflated by comparisons with the RBIs successful 2013 FCNR scheme

The central bank noted that a bank generally does not transact in immovable assets as part of its core business operations, except in exceptional cases

The NBFCs assets under management (AUM) rose 2.6 times from 11,665 crore as at June-end 2025 to 30,667 crore as at June-end 2026

The non-banking finance companys board on Thursday approved a fund raise of up to 4,000 crore

Bank posts 32 per cent y-o-y rise in net profit to 4,273 crore

This workforce streamlining coincides with a strategic expansion of branch networks, as these banks shift toward automated processes to enhance customer experience and reduce costs.

P R Seshadri, MD & CEO, noted consistent growth in targeted segments, focusing on quality asset acquisition in corporate lending, auto loans, and gold loans

The rupee has weakened about 11% against the dollar over the past year, the worst-performing Asian currency over the period

Blackstone has over $50 billion worth assets under management in India

HDFC Bank arm HDB Financial Services reported a net profit of 785 crore for the quarter ended June 30, 2026, a 38.3% y-o-y increase from 568 crore in the corresponding quarter last year

If completed, the deal would create one of the worlds largest digital payments companies, processing nearly $3.7 trillion in annual payment volume

A BoP deficit can arise when a country imports more than it exports

The insurers net profit for the first quarter last fiscal stood at 747.08 crore. During Q1FY27, its net premium underwritten rose 17.70 per cent year-on-year at 6,603.73 crore from 5,610.52 crore in Q1FY26

The integration enables organisations to select IndusInd Bank directly on the EPFO portal and complete their Provident Fund contributions, using the Banks Corporate Internet Banking and Mobile Banking applications

Data has emerged as a critical organisational asset for REs, underpinning business operations, customer service, financial reporting, regulatory compliance, risk management, and strategic decision-making

The private sector life insurer had registered a net profit of 548.35 crore in the first quarter last fiscal

New premium income grows 14.65% to 9,749.33 crore in Q1FY27

Bank eyes $1.5-2 billion via fresh Foreign Currency Non-Resident (Bank)/ FCNR (B) deposits under the RBIs concessional swap window

Appointment is for a period of three years with effect from July 15, 2026

The acquisition marks Home Credits entry into education-focused lending

Tata AIGs insurance portfolio will be available across Ujjivans 776 branches spanning 335 districts in 26 States and UTs

Move brings cryptocurrencies under stricter rules, including insider trading regulations and tougher penalties.

Bengaluru-headquartered company had earned a PAT of 378.35 crore in the corresponding period last year

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Fall came as US President intensified military operations against Iran, triggering a sharp rise in global crude oil prices

To empower bank Boards to delegate routine matters to committees while retaining the ultimate accountability for business strategy, financial soundness and key personnel decisions

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The requirement will apply inFY2026-27for insurers adopting Ind AS from that year and inFY2027-28for insurers that have been granted regulatory forbearance

Draft norms simplify approvals while tightening disclosures for mutual funds, insurers and pension funds

The new business will provide working capital finance -- through Dealer Financing, Vendor Financing, Purchase Invoice Financing and Sales Invoice Financing -- to support anchor corporates, dealers, vendors and suppliers

The strategic disinvestment, valued at around $5.7 billion, is expected to conclude within a month, subject to regulatory and procedural clearances

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They cited four reasons for the inflows, including entire hedging cost on fresh FCNR(B) deposits (principal) being borne by RBI, providing Banks much respite on cost / spread front

As of May-end 2026, their gold loan portfolio surged 69.9 per cent year-on-year (y-o-y) against 38.9 per cent y-o-y as of May-end 2025

The Indian currency closed at 95.62 per US dollar against the previous close of 95.33.

Swamiinathan requests IOs to identify recurring issues, undertake root cause analysis and help implement remedial measures

eMACH.ai Custody helps non-bank financial institutions to expand beyond their traditional brokerage, wealth management and capital markets businesses into custody and asset servicing

TCL will subscribe to equity shares of the unlisted, base-layer NBFC for an aggregate consideration of approximately 93 crore. As at March-end 2026, the target company had assets under management of approximately 708 crore

Mastercard bought Vocalink in 2016 for 701 million ($937.38 million) from a consortium of British banks

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Renewed hostilities between the US and Iran have heightened concern that rising oil prices could rekindle inflation and push up interest rates

The Indian currency opened at 95.72 per US Dollar against the previous close of 95.33. Currently, it is trading at 95.75

Deputy Managing Director, DP Singh and CIO, Srinivasan Rama Iyer top the list, with holdings worth more than 100 crore each

As of March 31, the banks staff decreased to 211,178, with new hires down by 3,811, according to its annual report released Saturday

the Chennai-based bank hopes to realise 500 crore during the ongoing financial year from cases listed before NCLT

We remain committed to maintaining the highest standards of transparency, accountability and oversight, Mistry said in a message to shareholders

The country is no longer seen as a large user market for digital payments. It is becoming a place where financial platforms are built for multiple geographies, currencies, customers and regulatory environments

IREDA said Gensol Engineerings account has been classified as fraud on grounds of alleged misappropriation and criminal breach of trust and forgery with the intention to commit fraud

The Kotak Bank chief observed that the Banks structural strength lies in its diversified financial conglomerate model, which offers virtually every financial product

BoMs net interest income was up 14.53 per cent y-o-y at Rs 3,770 crore (Rs 3,292 crore in the year ago period)