The Hindu Businessline
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This profitability came on the back of robust growth in loans to the commercial vehicle, passenger vehicle, farm equipment and gold segments
The central bank cited PPBL's non-compliance with various Banking Regulation Act provisions for its action
Driven by healthy growth in net interest income and other income
In January 2024, RBI ordered the bank to stop accepting fresh deposits due to, what it said at the time, non-compliance with rules, including on customer due diligence, use of funds and technology infrastructure.
The Latest Fixed Deposit Interest Rates: Apr 24, 2026
The Latest Home Loan Interest Rates: Apr 24, 2026
India downgrade reflects five headwinds, including stretched valuations and IMD forecast for below-normal monsoon
Indias business credit card market has traditionally been skewed towards large corporates and established firms with audited financials.
JP Morgan downgraded Indian equities to Neutral from Overweight, citing a combination of valuation concerns, earnings risks and limited exposure to emerging technology themes
The platform, which expanded into Gift City through a branch in September 2025, has enabled NRIs across 35 countries to access investment-linked insurance products denominated in US dollars
Banks directed to strengthen defences under IBA-led mechanism after high-level meeting
The roadmap was discussed and formalised during a high-level strategic meet of the Board of Directors.
The 3,000 crore facility has been released under the INR Swap Window of the 'Framework on Currency Swap Arrangement for SAARC Countries, 2024-2027
Both 63SATS and PDA will provide clients with complete protection across prevention, detection, response, regulatory compliance, legal defence and recovery
The platform, registered with FIU-IND, aims to offer secure and regulated trading in cryptocurrencies and related digital assets.
He will also serve as Whole-time Director from April 24, 2026, subject to shareholder approval.
As compared to last Fridays close of 92.93, the rupee has cumulatively weakened about 118 paise so far this week.
Q4 ResultsToday, April 23, 2026, Highlights: Catch updates
The banks net interest income (NII) (difference between interest earned and interest expended) was marginally lower at 9,406 crore, against 9,514 crore in the year-ago period
Revenue from operations increased 7% to 458 crore (428 crore), but overall income fell 15% to 425 crore
Seshadri previously served as the Chief Financial Officer forHitachi Payment Services
The initiative aims to boost financial inclusion and expand formal credit access, especially in semi-urban and rural areas where PNB has a strong branch presence.
Speaking at CCILs 25-year anniversary in Mumbai, he highlighted AIs ability to process large-scale financial data for better risk prediction and automation of clearing and settlement processes
Despite challenges, the outlook for 2026-27 remains cautiously positive with services, agriculture and healthy balance sheets continuing to support growth, RBI Governor said
Draft directions tighten norms for digital wallets, raise net worth requirements for non-banks and strengthen customer safeguards ahead of May 22 deadline
Q4 ResultsToday, April 22, 2026, Updates: Catch updates
It was a temporary measure and we (partially) rolled it back now, says T Rabi Sankar, Deputy Governor, RBI
Candidates holding the post of Chief Vigilance Officer (CVO) would not be considered for appointment to the post
Net profit falls to 805 crore as commissions and operating expenses rise despite premium growth
New rider provides living benefits worth up to 2 lakh per annum at 1,911 per month. Benefits vary by selected variant and eligible plan combination
The Reserve Bank of Indias preliminary assessment suggests Mythos could pose cybersecurity risks by accelerating the discovery and exploitation of software vulnerabilities, sources said
ICRA expects credit growth to moderate to sub-12% in FY27 from the significantly higher level of 15.9% in FY26
Speaking at a round-table in New York, he highlighted ongoing reforms to ease regulations, improve market access, and integrate onshore and offshore markets
Bitcoin increases as much as 2.7% to trade around $77,500
The new business premium crossed 4 lakh crore mark for the first time, mainly driven by GST waiver
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
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.

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