The Hindu Businessline

Income generated from other financial activities expanded significantly to fill the remaining 8.76% share, up from a baseline of 0.35% in the prior period

The sharp rise in interest rates on FCNR (B) deposits follows RBIs measures to bolster Dollar inflows, including by bearing the full hedging cost for fresh 35-year FCNR (B) deposits raised up to September-end 2026

The Latest Home Loan Interest Rates: Jun 26, 2026

The Latest Fixed Deposit Interest Rates: Jun 26, 2026

Gyan Mohan noted that microfinance has transformed millions of lives by placing financial opportunity in the hands of those who need it most - particularly women and underserved communities

Ratnam has been associated with Dvara for the past 12 years most recently, as Chief Business Officer of Dvara KGFS

Resident Indian non-retail users can deploy instruments without any restrictions on purpose, while use of the same instruments by non-resident users for hedging purposes are limited

The report suggests that asset quality is not a concern in the near term, with both public and private banks expected to report lower slippages

Tie-up will provide working capital support to authorised dealers of passenger and electric vehicles.

RBI says NBFCs, including mortgage providers, to be allowed to trade in term money markets as borrowers, lenders

The minimum transaction amount through this route will be 10,000

RBI had revised NBFC-upper layer criteria, fixed 1 lakh crore asset threshold

The scheme has generated a return of 17 per cent CAGR since inception, outperforming its benchmark return of 15%

The company's profit after tax stood at 1,910 crore during the reporting year, while assets under management rose to 3.75 lakh crore and embedded value stood at 62,139 crore

Our focus now is not merely on scale, but on sustainable and profitable growth, said George K John, Executive Director, ESAF Small Finance Bank

The cryptocurrency fell through a closely watched support level on Wednesday as investors grappled with growing concerns about Michael Saylors financing machine at Strategy Inc

Any NBFC crossing the 1 lakh crore asset mark is automatically classified as an upper-layer entity, eliminating earlier discretion provided under a parametric scoring system

Tata Sons may be required to go for listing

Banks asked to put in place a mechanism for compensation of up to 25,000 for small value fraudulent e-banking transactions, mandatorily send instant SMS alerts to its customers and provide 24x7 access through various channels for reporting of fraudulent transactions

Rupee closes 7 paise higher at 94.6650 per dollar

The NBFC will strengthen its presence in states including Gujarat, Delhi, Rajasthan, Odisha and Telangana, while expanding deeper into southern and western markets.

The firm plans to use the funds to strengthen its technology and platform capabilities, and expanding the range of investment products

RBI says banks must put in place a board-approved risk management framework covering all AI and machine-learning models

London Circuit Commercial Court ordered him to pay more than $ 10.7 million to BOI for defaulting a loan given to a Dubai-based company promoted by him

More NRIs are approaching India as an investment destination, says Ankur Choudhary, Co-Founder and CEO of Belong

PNB MetLife pays out 526.62 crore across 6,188 individual claims and 502.69 crore across 6,868 group claims during year

Banks are constrained for credit only when they do not have sufficient capital and we (banks) have sufficient capital, the RBI Governor said

The monthly transaction volumes on the app increased from 79.64 million in June 2025 to 244 million transactions in May 2026, Lalitha Nataraj, MD & CEO, NBSL, said.

The Governor observed that if the MPC was sure about the second round effects of inflation, it would have acted.

The fund selects 50 stocks from the Nifty 500 universe using four factors low volatility, quality, value and momentum and tracks a customised benchmark, the Nifty 500 Multifactor MQVLv 50 Index

Moodys Ratings has assigned a Baa3 rating, with a Stable Outlook to the above referenced obligation, Axis Bank says in a regulatory filing

The company also plans to support Canadian businesses with global collections, local accounts and supplier payments

ECLGS 5.0 aims to provide credit guarantee coverage of 100 per cent for MSMEs and 90 per cent for non-MSMEs

Indian banks can extend loans to the FCNR (B) account holders and mark lien on such deposits

The move comes as GIFT Citys broker-dealer ecosystem continues to expand, with more than 100 registered entities

The move is part of measures aimed at strengthening dollar inflows into the country

The capital will be deployed in clean energy and financial inclusion initiatives

Allows insurance companies and credit guarantee fund trusts to play a more active role in supporting transactions on the platform

The new framework simplifies onboarding and enables financiers to access credit guarantees

The collaboration will provide customers up to 100% on-road funding, flexible repayment options, and competitive interest rates, while leveraging Shriram Finances wide pan-India network to boost EV adoption

Survey of 10,000 retailers shows rising confidence in digital tools and early-stage AI adoption at last mile

PFC accepts bid worth $300 million for a five-year dollar bond issue

The case is part of a CBI investigation into embezzlement of 657 crore from the accounts of the Haryana government and Chandigarh administration maintained at IDFC First Bank

This is driven by a pickup in non-food bank credit and rise in foreign direct investment (FDI) to India, per the central banks latest monthly bulletin

The move follows a review of current and evolving market liquidity trends

The draft regulations also seek to enhance transparency and accountability

The uncertainties could have an impact on the outlook through international trade, cost pressures, capital flows and commodity prices

Offering leverage on a FCNR (B) deposit has emerged as a grey area

The agency said the accused sanctioned loans to intermediary and conduit firms in violation of RBI and lending norms, resulting in massive losses to public sector banks

The initiative is projected to generate employment opportunities for about 11 million young Indians over the next two decades under the private sector development financing programme