The Hindu Businessline

The insurer said its digital processes helped accelerate claim settlements, with non-investigated claims taking an average of one day

The initiative will connect young innovators with mentors, investors and industry experts to help climate-focused ideas move towards real-world application

India must mobilise private capital for future infrastructure needs, says NaBFID MD

The proposed venture comes as GIFT Citys aircraft-leasing ecosystem expands, with 37 entities operating and 412 aviation assets as of June 2026

The report highlighted GIFT City as one of 15 international centres expected to grow significantly in importance over the next two to three years

IndusInd Bank customers to get cashback offers and race-day benefits including priority check-in, dedicated access lanes and curated on-ground experiences at HYROX events

The issuance will be on private placement basis to one or more prospective eligible investors

Step towards a sustainable payments ecosystem, says a market player

First auction sees strong bids for 2.50 lakh crore; second draw is tepid at 40,302 crore

Bill falls 10 votes short of the needed 60 in the Senate; Republican Senators Moran, Collins, Hawley, Tillis vote no; Bill is on ice, Congress set for recess before election

The proposed MDR (merchant discount rate) regime for UPI transactions aims to make the UPI ecosystem, a self-sustaining platform, while ensuring the impact on users is negligible

The pre-emptive move is designed to ensure that the RBI gets an opportunity to present its arguments before any court grants interim relief to Tata Sons

The SEBI-registered Category I merchant banker completed its first mainboard assignment with the 460 crore IPO of Deepa Jewellers

The committee is expected to meet this Friday to evaluate the available options in light of the Supreme Courts spectrum judgment and the subsequent dismissal of the review petition

Varma to lead brand, digital, customer experience and AI enablement

The clarification comes after Parliament amended the Payment and Settlement Systems Act to enable MDR on UPI and other electronic payments

The expectations came a day after official data showed consumer price inflation rising to 4.82% in August from July's 4.45%

Varma to lead brand, digital, customer experience and AI enablement

The consultations come after India changed its payments legislation on Monday, allowing firms to charge transactions of more than 2,000

The central bank received bids worth 3,93,352 crore, for a notified amount of 5 lakh crore. It accepted all bids at a cut-off and weighted average rate of 5.24 per cent

2031 yield jumps 16 bps; Citi sees 50-75 bps of rate hikes starting in October amid oil and inflation risks

RBIs broader policy focus likely to remain on managing domestic liquidity and foreign exchange conditions

A government gazette notification specifies that no bank or system provider shall impose any direct or indirect charge on a person making or receiving payments through RuPay-powered debit cards and UPI transactions of up to 2,000

The next meeting of the Monetary Policy Committee (MPC), the RBI's rate-setting panel, is scheduled for October 5-7, 2026

In the wake of the aforementioned development, IBBI has planned four amendments, includingexclusion of related parties of the guarantor from voting on the repayment plan;and recording of creditors deliberations on the repayment plan

The Boards move to find a replacement for Jagdishan follows his late August decision to not seek his re-appointment as the MD & CEO of the Bank.

The petitioners argued that the asset under consideration was not the spectrum itself but the legally enforceable right to use spectrum

The 18,268 crore infusion for a stake of a little less than 50% will come in by December once all regulatory approvals from the RBI and the Competition Commission of India are in place

The lender is currently in the process of seeking approval from its board for the proposed subsidiaries or joint ventures, following which other necessary processes will be initiated

UPI is free, but not costless: Subbarao

The RBIs decision, announced recently, means that Tata Sons will remain classified as a NBFC in the Upper Layer, which mandates a listing within three years.

This decision comes after Jagdishan announced he would not seek a third term amid ongoing controversies surrounding the banks leadership.

The proposed framework sets out timelines for banks to identify suspicious transactions, notify customers, examine explanations and remove debit holds

Collaboration aims to support a more integrated and customer-centric digital payments environment

For fintechs, the developments could mean that competition will increasingly move beyond payment processing and towards the quality of the overall customer and merchant experience

CPI inflation showing incipient signs of generalisation and global bond yields inching past decadal highs.

In FY 2025-26, UPI processed about 24,162 crore transactions worth about 314 lakh crore around 85 per cent of Indias digital payment transactions by volume

Finance Minister calls for stronger global safeguards and greater accountability as agentic AI systems gain real-world influence

India's banking system is flush with surplus cash after lenders raised a much larger-than-expected $127 billion under the RBI's special forex mobilisation scheme

The Latest Fixed Deposit Interest Rates: Sep 11, 2026

The Latest Home Loan Interest Rates: Sep 11, 2026

The three-way integration connects Suryodays deposit products, SprintMoneys Financial Marketplace technology, and Hitachis ATM infrastructure

The shift comes against the backdrop of nearly 590 million PMJDY accounts , more than 54% per cent of which are held by women, with a large proportion of customers coming from Tier-3 tier 3 and tier 4 Tier-4 areas, according Rama Mohan Rao Amara, while speaking at the Global Fintech Fest 2026 in Mumbai on Friday

The growing interest is partly driven by GIFT Citys unified regulatory architecture, which allows payment companies to serve multiple financial-services businesses without having to navigate separate regulators, said IFSCA executive director Dipesh Shah

Launch comes against backdrop of rising digital payment fraud in India, which crossed 21,367 crore in FY2025

Some of the surplus liquidity in the banking system would be withdrawn over time through foreign exchange interventions and banks' reserve requirements

Paramotor operates platforms including SpendPro, yayyy.shop, RewardOn and DevStack

The card, available nationwide to eligible IndusInd Bank business customers, draws real-time from OD or CC accounts for both online and offline payments

Central banks decision to limit bond sales amid rising yields signals potential shifts in monetary policy, as geopolitical tensions and U.S. economic data influence global market dynamics.

Sberbank has been using surplus rupees to support liquidity, including investments in Indian government securities. Talking about bilateral trade settlement in rupee terms