The Hindu Businessline
Elections 2026Personal Finance / The Hindu Businessline
Citing data on the 11th anniversaries of the Jan Suraksha Schemes, Sitharaman said that over 27 crore, 58 crore and 9 crore enrolments have been done under PMJJBY, PMSBY and APY, respectively
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Says arrest is a matter for probing agencies;CBIpegs losses in 7 cases at 27,337cr
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The RBI has also prescribed a revised formula for determining eligible profit that can be included in CET1 capital
Lower provisions and steady loan growth support SBI earnings amid margin compression
Board recommends a final dividend of 8.50 per equity share for the FY26
The bank cautious on its guidance for NIM and return on assets due to uncertainties around interest rates, deposit costs and geopolitical risks
India has emerged as an increasingly important hub for facilitating cross-border capital flows, says Balasubramanian
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Setty also dismissed reports of a crisis in Point of Sale (POS) terminals linked to the ongoing West Asia crisis
The bank had posted a net profit of 83 crore in the year-ago period
The underwriting auction was conducted for the Government of India security with a notified amount of 34,000 crore, according to the RBI release issued on Friday
Total income came in at 1.4 lakh crore, a tad down from 1.44 lakh crore year ago
A drop in corporate debt yields, especially for shorter term funds, has prompted companies to go back to the market after a quiet April
The Japanese conglomerate is now seeking about $6 billion, down from the earlier $10 billion plan; Downsizing reflects hesitation among potential lenders over private AI valuations
Advanced AI models now reduce the time and cost required to identify and exploit weaknesses, increasing the probability of attackers targeting widely used systems simultaneously
Investments typically reserved for a funds troubled holdings now make up 4.7% of Goldman Sachs BDC Inc.s portfolio at cost, according to a filing on Thursday
The growth was largely supported by a surge in new loan originations and an increase in average ticket sizes across the industry
While deposit growth is projected to stabilize and improve marginally to match credit growth at 12-13% by FY27E, the traditional reliance on low-cost savings is under significant pressure
According to a regulatory filing, the bank is considering fundraising through Reg-S/144A instruments in single or multiple tranches via public offer or private placement
Credit growth (year-on-year) of all scheduled banks at 14.88% as on April 15 was 276 basis points, higher than the deposit growth of 14.88%, per RBIs latest data
Muthoot Microfin Ltd (MML) expects to grow its assets under management (AUM) to 30,000 crore by 2030 by increasing wallet share in existing matured customer base and acquiring new customers from open market
Revenue up 27% to 361 crore; equity AUM grows 16% y-o-y despite Nifty correction; dividend of 3.50 per share declared
The acquisition gives InMobi Advertising access to MobileActions data infrastructure
Move to enhance business, taxation, finance and technology functions
Net interest income grew 25% YoY to 1,359 crore
Anthropic Mythos AI model has advanced capabilities to identify and potentially exploit systems, he said
Matai brings over 25 years of leadership experience across financial services, insurance and consumer businesses, Bajaj Finserv
Total income rose 19% to 594 crore during the January-March quarter of 2026 from 499 crore in Q4FY25
The auction will focus on a new issuance designated as New GS 2036; Primary Dealers will bid electronically through the e-Kuber platform
On Thursday, AU Small Finance Bank and Federal Bank announced they received approval from the Reserve Bank of India on May 6
The asset manager is considering an initial investment of $100 million to $200 million in the bond issue via an Asia-focused fund, a move likely to reassure other investors, the first source said
The case, registered under the relevant provisions of the BNS and the IT Act, pertains to alleged financial irregularities at the Shopian branch of the bank
The ratings agency expects the banking systems average common equity tier 1 (CET1) to decrease by 30 basis points in the financial year 2027-28.
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A FxC can purchase foreign currency notes/coins and travellers cheques; sell foreign currency notes/coins and travellers cheques for foreign travel purposes; and function as Money Transfer Service Scheme sub-agent in accordance with the guidelines on Money Transfer Service Scheme (MTSS).
Indian Banks Managing Director Binod Kumar sees an additional credit flow potential of between 12,000 crore and 15,000 crore under the ECLGS scheme
The net profit for the whole FY26 was 1,455.14 crore, registering a growth of 12% compared to 1,302.88 crore in FY25
Net profit rises 13%, marking fourth consecutive year of record earnings
The resignation was followed by a 13.81% drop in the bank's share price
In its circular on Tuesday, the regulator said the threshold will be assessed for half-yearly periods ending on June 30 and December 31
The bank is also fast-tracking procurement of security tools and has moved to 24/7 audits to detect vulnerabilities quickly
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To mitigate moral hazard, REs shall be prohibited from selling the SNFA back to the borrower or to any related party of the borrower. They will also be required to disclose the stock of SNFAs held by them in their balance sheet
The assets under management grew 22.4 per cent to 63,798 crore
Disbursements grow by 25 per cent YoY in the March quarter
Plan aims to attract capital inflows amid persistent currency pressure

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