The Hindu Businessline

The mechanism allows financiers to seek guarantee cover for eligible receivables, potentially encouraging wider participation in invoice-based MSME financing

The stake changed hands through 13 separate transactions, with mutual funds, an insurer and foreign investors among the buyers

Small finance banks lead at 93.8; PSBs and foreign banks at 93.7 as all categories stay in good band

Over 75% of policies now from tier II and III cities; August growth 70% as protection and retirement products gain traction

IBA informed that as demanded by the UFBU, the productivity linked incentive scheme for scale IV officers and above has been kept in abeyance as per Governments instructions

Companies may prefer mobilising funds at lower rates before borrowings costs go up

CD ratio around 80%; surplus liquidity at 5 lakh crore as loan-deposit gap narrows

The central bank received bids worth 71,971 crore, which it accepted fully, for a notified amount of 75,000 crore, according to an official release.

ICICI Prudential Life has 31 branches and 20,008 advisors in Keralam

The state-owned insurer placed bids worth about 4,500 crore ($470 million), sources aware of the developments said

The approvals are for Retail Payment Services and Card Schemes and Stored Value Facilities. PhonePe must obtain final regulatory approvals to begin operations in the UAE

As per the Directions, abank hasthe option to exclude certain structural foreign currency investments from the calculation of Net Open Position(NOP), on both standalone and consolidated basis

Bank unions have given call for 3-day strike between September 28 and 30

With the special 85-day FCNR (B) deposit scheme ending on August 31, mobilisation by banks under OFCB route too has slowed

The brokers UPI transaction share is below 2%, much lower than wider broking industrys reliance on UPI

S&P said the amount is equivalent to about 4.5% of the banking system's deposit base as of March 31, 2026

The issue has 10 series of NCDs carrying fixed coupons and having a tenure of 24 months, 36 months, 60 months, and 120 months with annual, monthly and cumulative interest options

The introduction of E20 petrol has also created fresh operational challenges for dealers; dealers report concerns relating to storage, handling, equipment compatibility and material durability

The change in sentiment came at the end of a bruising week for digital assets that saw the failure of a landmark US crypto bill and the US Federal Reserves first interest-rate increase in more than three years.

With profit margins remaining limited amid intense competition, the additional fee on every transaction would increase operating costs and worsen the crisis faced by the sector

SBI Research report estimates that the enhanced FCNR(B) liquidity could support nearly 25 lakh crore of additional credit in the banking system

These bills were subscribed by SBI since 2019 and were extended six times, each for a year, till now.

The Latest Home Loan Interest Rates: Sep 18, 2026

The Latest Fixed Deposit Interest Rates: Sep 18, 2026

The debt instrument received an overwhelming response from international investors, with the order book reaching nearly three times the issue size, said BoM in a statement

Customers current IDFC FIRST Bank credit card now comes with zero forex markup, with no conditions attached, bank says

Issuance comprises five-year US dollar-denominated Senior Unsecured Notes, issued through Bank of Maharashtras IFSC banking unit under its $500 million medium-term note programme

AICPDF says B2B supply chain settlements should be exempt from MDR, govt should address tax implications

The auction will be conducted on September 18, 2026, with funds set to reverse on September 21, 2026

Turtlemints operating leverage at inflection point

The firm aims to provide low-ticket products like Choti SIP and sachet health insurance for street vendors, gig workers, homemakers, and students

The partnership will support application systems across banking, payments, treasury, finance, data platforms and other key business verticals

Several brokers have raised concerns about costs on client fund transfers even when no trade takes place

The central bank has absorbed cash equivalent to nearly 0.2% of total deposits in the banking system

The central bank received bids worth 2,39,959 crore, which it accepted fully, at a cut-off and weighted average rate of 5.24%

SBI expected to benefit most among issuing banks, along with Axis Bank and YES Bank

The card will offer instant digital onboarding and an FD-backed credit facility, allowing customers with limited or no formal credit history to access a credit card while building their credit bureau profile through responsible usage

Timing of any domestic rate increase remains uncertain; another US hike possible in 2026

Goldman said the Federal Reserves meeting was more hawkish than expected and pointed to a two-hike baseline for 2026

Federal Reserve officials expect one more rate hike this year and steady rates in 2027, while raising inflation forecasts and maintaining growth outlooks.

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

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