The Hindu Businessline

Padalkar joined HDFC Life in 2008 and has held several leadership roles within the organisation

The framework introduces a set of rules to govern recurring digital transactions across payment systems

Lender argues that ruling contains errors apparent on the face of the record

Rupee ends the day weaker at 93.51 per US dollar, against the previous close of 93.13

Based on a survey of over 10,000 borrowers across 10 states, thestudy shows microfinance in Telangana continued to play a `critical role in enabling livelihood creation and enterprise growth

This jump is the result of our steady focus on prudent lending, digital innovation and strengthening our roots in semi-urban and rural Telangana, said banks ChairmanK Prathapa Reddy

The bank aims to strengthen digital payment options for its customers through the partnership

With this addition, Bharat Connects insurance category now includes 65 billers, reflecting the growing shift towards digital premium payments

IMGCs mortgage guarantee will cover BHFLs Sambhav Loans, aimed at customers with informal income or limited credit history

Banks remain cautious amid regulatory scrutiny; Deputy Governor Sankar's recent speech in focus; Relaxation seen facilitating genuine hedging needs

Mutual fund holdings climbed to 32.42% as of March 31, 2026, up from 29.86% a year earlier

Fitch said recent greater interest from foreign investors indicates their rising confidence in India's long-term growth prospects, the financial sector's regulations and oversight and improved risk governance

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The fund, which hit its hard cap and was oversubscribed, comes at a time when capital raised for Asian private equity funds fell to a 12-year low in 2025 after four consecutive years of decline

If a customer's visa application is rejected, the company will indemnify the insured for non-recoverable advance payments towards accommodation and travel, including applicable official cancellation charges

The April 1 RBI directive, which was aimed at curbing speculation and arbitrage in foreign exchange market, disallowed ADs to offer non-deliverable derivative contracts involving INR to resident or non-resident users.

Till some time ago, life insurance policies, specifically the term life plans, were largely bought only by salaried peopleit was felt those are the kind of customer profile which will prefer and understand a term plan.

Permit granted to Poornam Asset Management IFSC Pvt Ltd

RBI has withdrawn instructions that barred authorised dealers from offering resident and non-resident users non-deliverable forwards

Loan loss provisions declined about 41 per cent y-o-y to Rs 188 crore (Rs 318 crore)

The private lenders net profit for the fourth quarter came in at 13,701.7 crore, while net interest income was 8.4% higher on year at 22,979 crore

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The banks asset quality improved, with gross NPAs falling to 1.15 per cent

The private lender's loans grew 10.7% year-on-year during the quarter.

Crude prices settled down by around 9% on Friday on reported progress towards a potential peace deal, which Goldman said could lead to a faster unwinding of the geopolitical risk premium and send prices lower in the near-term

Obligatory cession refers to the compulsory sharing of insurance risk by insurers with the national reinsurer

The Latest Fixed Deposit Interest Rates: Apr 17, 2026

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The central bank had received higher bids worth 2,28,098 crore than the notified amount of 2 lakh crore in the auction

HDFC Bank expected to post 6-11% growth in Q4FY26 net profit year-on-year and 1-3% yoy for ICICI Bank

The CBI will soon be filing a charge sheet against the jeweller, who is understood to be in London, and his accomplices in the case registered under the provisions of the Indian Penal Code

Central bank wants state-run refiners to tap credit line for FX; measure expected to help ease pressure on rupee, sources say

RBI aims to anchor WACR to policy repo rate to ensure effective monetary policy framework

Will add image soon Gold Loans is an area of particular focus with the company planning to launch the product by June of this year

Prior to his elevation as ED, Mohanty was Chief General Manager at Bank of Baroda.

NIBM was established in 1969 by RBI, in consultation with the Government of India, as an autonomous apex institution for research, training, education and consultancy in bank management

The firm observed that the aforementioned episode is more about a governance-oversight nuance driven by an individuals personality rather than a material threat to shareholder value

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