The Hindu Businessline

Withdrawals beyond four will attract a charge of 15 plus GST per transaction

Their appointment is for a period of four years

He emphasised that the next phase of reform will be judged by accessibility of the foreign exchange services that citizens receive

As per Gupta, RBIs ongoing work also suggests Indias growth is increasingly being supported by improvements in labour and capital quality

WTM Amarjeet Singh says the project will examine simultaneous transfer of securities and automated coupon payments; consultation on a wider bond distribution framework soon

The panel also raised concerns involving larger NBFCs, where substantial amounts of money are involved, and stressed the need for regular intervention by the Reserve Bank of India

The regulatory action follows scrutiny of the insurers expenses, while Niva Bupa maintains that recent-period compliance remains on track.

Bitcoin rose about 4.1% to over $71,900, its highest level since May 31

This policy adjustment aims to streamline banking services while maintaining accessibility for account holders who meet the banks KYC requirements.

Insurers are entering FY27 with stronger operating trends, supported by rising premiums, improved margins and better claims performance across key segments.

The lender plans to raise at least $500 million each through three-year and five-year bonds via its GIFT City branch

The money has been raised between June 16 and August 13

The approval gives the insurer greater room to increase its exposure to Indias largest private-sector bank amid evolving institutional ownership.

He emphasised that Banks should focus, in particular, on the functions critical to their resilience and on those that matter most directly to their customers

The transaction is subject to customary closing conditions and regulatory approvals, including clearance from the Competition Commission of India (CCI)

At the same time, he warned against excessive reliance on algorithms, emphasising that human judgment remains essential

Karnataka Bank customers can easily subscribe to HUDCO Capital Gain Bonds at the banks branches, supported by dedicated relationship management and customer service

The companys growth was supported by a strong operating track record

Wealth creation emerged as the primary investment objective for 86 per cent of respondents, challenging the long-held assumption that women investors tend to be more conservative

The bank, through its IFSC Banking Unit at GIFT City, issued the bonds having a tenure of three years and a fixed coupon of 5.625%

The proposed programme comes as digital-asset platforms increasingly seek stronger governance, risk controls and institutional safeguards to build market credibility.

The regulator is examining market-making costs in small-company IPOs and proposed changes to portfolio manager rules.

The private sector bank said the notes carry a fixed coupon of 5.625% and were placed with investors outside the US in Regulation S format.

The Supreme Court has ordered an independent examination of allegations involving loan transactions, fund diversion and other suspected financial irregularities.

The rupee was on track for a quiet open and was hovering at 95.70 on the interbank order matching system before the local spot market opened at 9 a.m. IST

Agriculture and allied activities remained the largest component of the RRB credit portfolio, with outstanding credit at 3.78 lakh crore, accounting for 77% of total PSL

Insurers report growing interest in pet insurance due to increased awareness of veterinary care, rising treatment costs, and changing lifestyles, especially among nuclear families and DINK households

In order to scale up the gold loan business, the NBFC is planning to set up at least 500 new branches each year till 2031

Wven as the companysloan book is expectedto crossthe 1 lakh crorein the current financial year, the composition of prime and affordable housing &emerging markets is likely to shift to 55:45 in the overall loan book.

Meanwhile she asked banks to improve design of agriculture finance keeping mind Prime Ministers vision of Shakti of Sapt Dhara

Volt Money, an early player in the digital LAMF market, enables customers to borrow against their mutual fund holdings seamlessly, with funds disbursed in five minutes.

Sammaan Capital is now controlled by Abu Dhabi-based International Holding Company PJSC (IHC), which invested USD $1 billion in the lender.

Company targeting disbursements of 150 crore this year

The move repositions the Visa Infinite brand as a scalable framework rather than a single product

The banks IFSC Banking Unit priced five-year Senior Unsecured Fixed Rate Notes at a 5.417% coupon early Tuesday under its $7.5 billion Global Medium Term Note Programme

The bonds were raised through its IFSC banking unit at a coupon rate of 5.417 per cent, ICICI Bank said in a regulatory filing.

Unlike card payments, which generate transaction-linked revenues for financial institutions, instant payments can be harder to monetise directly

Addressing central bankers from across the world, Murmu noted that currency in circulation continues to grow at double-digit rates despite a decline in cashs share of individual transactions due to increasing digital payment adoption.

The rupee is expected to open in the 95.68 to 95.72 range, traders said, after settling at 95.6025 to the dollar on Monday

These Senior Notes form part of the private sector banks $5 billionGlobal Medium Term Note programme.

Traders indicated that RBI was present in the market, stabilising the Rrupee through Ddollar sales

Sinha will take on a three-year term starting October 1, 2026, pending Board appointment and RBI approval, the company announced

Heavy foreign-currency inflows have strengthened the central banks ability to manage volatility, but broader global forces continue to shape exchange rates.

The government is seeking a stronger role for lenders in financing emerging opportunities as improved asset quality creates greater room for expansion.

The campaign features festive offers on Home, Car, and Personal Loans, plus exclusive debit card deals with 40+ brands at over 250 outlets in Kerala

Commits itself to strengthening financial inclusion, empowering communities and contributing to Indias journey towards a stronger, more inclusive future

The bank plans to sell a benchmark-sized three-year US currency note and is holding calls with fixed-income investors starting Monday

The partnership will leverage NSDL Payments Bank's prepaid card issuance services and banking infrastructure to support secure, RBI-compliant prepaid payment solutions across payment networks

Panel to comprehensively review the sector and align it with Indias next phase of growth

Under its Clear Path to Growth plan, the company is aiming to up its network from 220 branches currently to 1,600 in the next few years