Personal Finance / The Hindu Businessline
The Fed now faces a rare challenge of weak hiring alongside elevated inflation at 2.9%.
ICICI Bank says it will contest the order
The SBI theft occurred around 6.30 p.m, armed with knives and country-made pistols, they threatened the manager, cashier and other employees before tying up 10 people
The clout of private credit funds is rapidly increasing in India, alongside their capacity to reach underserved borrowers, due to their ability to structure solutions for the unique funding needs and irregular cash flows of businesses
The partnership aims to offer a seamless suite of credit solutions for the companys recently launched VF 6 and VF 7 models
It is an innovative digital platform that develops and integrates advanced technologies to automate and digitise the processes for multiple stakeholders
The RRC will be set up in the Department of Regulation effect from October 1, 2025 and would undertake the review of regulations in a phased manner
The new service will enable taxpayers to make GST payments seamlessly using UPI
Indias largest bank will continue to remain a shareholder in Yes Bank with a shareholding of 10.8% of the latters shares
Hotels with room tariff of less than 7,500 will also not get ITC
Last month, FSIB said it interfaced with 80 candidates from various nationalised banks during July 19 August 04, 2025 for the positions of Executive Directors EDs in Nationalised Banks
He will lead Marketing, Communications and Customer Experiences across the Groups flagship entities, including Pantomath Capital Advisors, The Wealth Company and Asit C Mehta Investment Intermediates
The new proposal will allow pension fund houses to create their own bespoke products catering to a wider range of investor preferences and risk appetite
The detailed guidelines mandate stricter compliance, merchant vetting, and cybersecurity measures for non-bank PAs
This is owing to government and regulatory support and a pick-up in consumption, says Crisil Ratings
Corporate bond, credit risk and banking & PSU debt mutual fund schemes saw aggregate outflows of 1,870 crore in August, an abrupt reversal after net inflows of 23,700 crore in the first four months of this fiscal that started in April
Exporters have been holding back dollar sales, while importers are ramping up hedging in response to US tariffs risks, contributing to rupee weakness, bankers said
The fundraise, under the $2 billion Global Medium-Term Note (GMTN) Programme, has been priced at 6.375 per cent with a door-to-door tenor of 4.5 years and a weighted average life of 4 years
The need to overcome revenue shortfall due to GST rate cuts and at the same time avoiding additional borrowing via Government Securities (G-Secs) could prompt continuing status quo on small savings rates
Two-day conclave in Gurugram brought together policymakers, regulators, industry leaders to shape the future of Indian banking.
The RBIs rate-setting monetary policy committee has cut the policy repo rate by a cumulative 100 basis points since February 2025 to support growth amid softer retail inflation
The net CD issuance plunged 84% to 13,000 crore in the June quarter against 85,299 crore logged in the March quarter
To reach the top 20, officials and industry leaders agreed that PSBs will need to expand their scale, strengthen governance structures, adopt digital banking and artificial intelligence and build a stronger global footprint
AHPI threatens to withdraw Stars cashless services from September 22nd; Star Health denies cashless insurance suspension with partners
The government, though the Department of Investment & Public Asset Management, kick-started strategic disinvestment in IDBI Bank in October 2022
Ranjan, currently Deputy Managing Director, would replace Managing Director Vinay M Tonse, who would complete his term on November 30, 2025
The industry lobby has also sought a collateral-free credit guarantee scheme, like the one offered to small businesses during the COVID-19 crisis, where the government guarantees a portion of a loan, giving banks comfort to keep lending to these businesses
The loan would be one of renewable energy sectors largest refinancing deals this year