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Personal Finance / The Hindu Businessline
The Level Up Credit Card introduces a Salary Day Bonus feature, offering up to 37.5% rewards on salary disbursement days, enabling employees to maximise returns on essential expenses coinciding with payroll cycles
The card is available against an FD from 20,000 and is open to all applicants aged 18 and above
Meanwhile, mop up through TDS on transaction of crypto has more than doubled in three years, Finance Ministry data, presented in Lok Sabha showed
Indian currency slips past 90-mark again vs dollar
According to the report, industry gross direct premium income surged 24.1% year-on-year in November 2025, reflecting sustained demand momentum
ICICI Prudential AMC Is also awaiting the markets regulator's approval to acquire group company ICICI Ventures as part of its private equity expansion
At the current market price of the bank, the total proceeds from the stake sale are estimated at 63,000 crore
Fino Payments Bank will re-brand itself as Fino SFB post conversion and double its branch network from 120 currently, over the next 2-3 years, and hire 500-600 employees in the initial years of becoming a SFB.
This will help financial institutions adopt a calibrated and well-informed approach while evaluating proposals
IL&FS said it will file an application before the NCLT against the erstwhile whole-time directors, who owe nearly 90 per cent of the total dues, and also seek recovery from independent directors of these three companies
Bajaj Finance plans to enter wealth management business.
As India continues to expand subsidised health insurance schemes, the study highlights why unification of data and processes across different stakeholders is essential for improving service delivery
Stating that the digital transformation would be similar to what State Bank of India had undergone in terms of various processes, the secretary hinted at a comprehensive set of reforms in insurance whichwill be announced soon
With cheaper funding, banks can lower lending rates such as MCLR and base rates, making home, auto, and business loans more affordable
It moved travel and transited to the main PhonePe app
1 lakh crore OMO purchases along with the 3-year USD/INR buy-sell swap will support liquidity and monetary transmission
With Finos exit, there are only few operational and large scale payments bank in the country. These include Airtel Payments Bank, Jio Payments Bank and India Post Payments Bank
Real interest rates remain high even as nominal rates fall
Announces lliquidity enhancement measures; ups FY26 GDP projection by 50 bps, cuts inflation projection by 60 bps
The tie-up will provide Vastus customer base access to two main insurance products
India has more than 44,000 registered FPOs, but fewer than one-third can secure formal credit, FPO Shakti addresses this challenge
Unified Payment Interface (UPI) is currently accepted in eight countries -- Bhutan, Singapore, , Mauritius, Nepal, UAE, Sri Lanka and France
Zaggle will invest up to 75 crore in Rio.Money, in one or more tranches, to support product enhancement, technology advancement, go-to-market initiatives and expansion of consumer payment offerings
Separately, ED is probing a CBI FIR filed against RCOM, Anil Ambani and associates regarding loans worth 40,185 crore taken between 2010 and 2012
Both banks have sought a licence from India's central bank to open branches in the country and are expected to make an announcement around the time of Russian President Vladimir Putin's two-day visit to India that began on Thursday
The RBI has announced that it will conduct OMO purchase auctions of G-Secs for 1 lakh crore in two tranches of 50,000 crore each to be held on December 11, 2025, and December 18, 2025
The RBI also announced liquidity enhancement measures including, conducting an open market operation (OMO) purchase of Government Securities for 1 lakh crore this month
The bank, once burdened by heavy bad loans, has emerged from a major cleanup, and returned to profitability in recent years after capital support and aggressive recoveries helped it cut non-performing assets sharply
Contrasting macroeconomic signals have sparked debate on the direction of the monetary policy
RBI MPC 2025, RBI Monetary Policy Meeting Outcomes, RBI MPC Meeting December 2025 News & Live Updates: Here are the major live updates related to the latest bi-monthly RBI Monetary Policy Committee meeting.
While banks may define their own criteria for identifying an ultra-large borrower, they shall also consider the overall indebtedness of such entities to the banking system, as per RBI directions
This may prompt conversion of some SB A/Cs into BSBD A/Cs
Banks must now strengthen concentration-risk policies for single counterparties, interconnected borrowers and sectoral exposures, with specific provisions to identify ultra-large borrowers.
Factors such as continued FPI outflows from the equity markets, importer demand, lack of visibility on a trade deal with the US, widening trade deficit, and restrained RBI intervention continue to affect the Indian currency
Drawing inspiration from IRDAI initiatives, IFFCO-TOKIO GIC now targets under-covered communities while continuing to offer a range of retail and corporate insurance products, including motor, health, travel, home, and personal accident policies.
Market participants are closely watching whether the RBI will cut the repo rate from its current 6.5%, amid easing inflation and expectations of a US Federal Reserve rate cut next week
Malaysia recorded about 14,000 illicit mining sites over the past five years
Tell Nabard management and the Department of Financial Services that its patience is wearing thin
Protection Plus is a non-par, linked, life, individual savings plan, which offers life insurance cover-cum-savings throughout the term of the policy
This is in addition to his current responsibilities as India Country Executive
The 32 paise drop represents a nearly 5 per cent depreciation this year, raising concerns among economists
Bitcoin climbs as much as 2.5% to about $93,900, its highest intraday level since November 17
The OFS saw non-retail investors put in bids that were about four times the offer size of 34.61 crore equity shares at an indicative price of 55.52 per equity share
D-SIB designated banks have to maintain additional common equity tier 1 (CET1), in addition to the capital conservation buffer
Razorpay received the Reserve Bank of Indias PA-CB licence, enabling it to facilitate both inward and outward cross-border transactions
The Minister of State in Finance Ministry, Pankaj Chaudhary, said in a written reply that no proposal on merger or disinvestment of PSBs is under consideration of the government
Speaking at the 18th Global Forum Plenary on Transparency and Exchange of Information for Tax Purposes, she stressed that confidentiality, cybersecurity and timely information-sharing demand joint action
Carlyle expects to write bigger checks in India as it looks to take majority stakes in companies and build platforms to consolidate businesses

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