The Hindu Businessline

The banking system had a surplus liquidity of 3,35,901 crore as of October 12

The average PV loan amount growingby 49%to 8.2 lakhand the average loan tenure increasingby five months to 62 monthsbetween the first half (HI) of 2019 and H1 of 2026

The decision follows industry opposition and a legal challenge, with the Supreme Court seeking explanations from NPCI, RBI and the Centre

NBFCs continue to lead vehicle financing, accounting for 73% of two-wheeler loans and 37% of passenger vehicle loans

Transaction marks first Credendo-insured aviation financing globally and first ECA-backed deal through GIFT IFSC structure

The 0.4% charge for merchants on transactions exceeding 2,000 was scheduled to take effect on October 15

Funding in the first nine months of 2025 stood at $1.9 billion

The first set of new rules mandated that banks make a 20% cash deposit with the RBI for FX derivatives used by their clients to hedge current-account exposures

The public sector lender disclosed the classification in a regulatory filing, citing its policy on determining and disclosing material events and information

The partnership brings together QazPosts nationwide distribution network and OnMetas rapidly growing digital payments infrastructure at significant scale

The FERR has been introduced as part of RBIs measures to curb speculation and contain volatility in the forex market

The last time the INR had a better opening than todays was on February 3, 2026, when it opened 111 paise stronger at 90.40 per USD against previous close of 91.51

With the Oct 25 feedback deadline likely to stretch, regulators may widen chats and roll out changes in steps after the next financial year

Net interest income increased 37.4 per cent to 2131 crore

The court said the accused remained untraceable despite earlier warrants, while allowing the agency to pursue proclamation proceedings to secure their presence

The platform is designed to support the evolving requirements of businesses engaged in international trade and individuals undertaking foreign remittances by providing a seamless, secure and efficient digital channel

The move aligns with the upcoming rollout ofViyona Tap & Pay, an NFC-based SoftPOS solution designed to turn commercial Android smartphones into contactless payment terminals

Under this partnership, TMB will be able to provide end-to-end financial solutions to the customers of Ashok Leyland

In line with the change in MPC stance to calibrated tightening, RBI raised daily CRR from 90% to 99%

PAT growth for the top five lenders is estimated at 7-17 per cent year-on-year, while NIMs are expected to contract across most banks

An IIT Bombay study mentions two aftereffects: First, consumers who purchase goods/services for more than 2,000 pay a higher price; second, the higher selling prices percolate even to those making purchases of less than 2,000

The Insurance Regulatory and Development Authority of India (IRDAI) is confident of curbing misseling with the help of proposed reforms

Banks required to maintain a Foreign Exchange Risk Reserve in cash with RBI; Central Bank to open a special window to meet the entire daily dollar needs of three public sector oil marketing companies

The Bengaluru-based companys revenue has more than tripled from 213 crore in FY23, translating into a compound annual growth rate of around 46% per cent

Yield rises to 7.31 per cent as traders brace for more RBI liquidity absorption, sticky inflation and a higher rate trajectory

The LIC continued to dominate the market, with its first-year premium increasing 19.3 per cent to 1.44 lakh crore during the six-month period

The banking system liquidity is reeling under liquidity surplus emanating from banks mobilising FCNR(B) deposits aggregating $133 billion between June 8 and August 31

The Latest Fixed Deposit Interest Rates: Oct 09, 2026

The Latest Home Loan Interest Rates: Oct 09, 2026

Robust growth in net interest income and loans portfolio boost profit numbers

Any escalation in geopolitical tensions likely to put pressure on the rupee, says report

On October 7th, when RBIs rate setting panel raised the repo rate, Bajaj Finance increased interest rates on its FDs by 15 to 40 bps across all tenures with immediate effect

RBI received bids worth 18,170 crore against the notified amount of 1.50 lakh crore in its 10-day VRRR auction on Friday

The renewable-energy arm of Aditya Birla Group agreed in July to acquire Solenergi Power, a Shell Plc unit that includes the Sprng Energy group companies, for $1.8 billion

The litigation finance business will operate separately from Krashas digital neo-financing platform, which focuses on asset-backed structured finance transactions

Majority owner Airtel Africa Plc and Mastercard Inc. may sell an additional 27 million shares through an overallotment option after the stock debuts in London under the ticker symbol AMC

Trading volume at its September peak was about 345% above early-July levels, while the number of daily futures traders was approximately 279% higher toward the end of the quarter

Punjab National Bank aims to raise at least $500 million through a 5-year bond issue

The proposed overhaul follows rising distribution expenses and comes as the regulator seeks to improve insurance affordability and expand coverage.

Exchange filings detail the fixed pay, performance-linked compensation, stock options and benefits awaiting the incoming head of Indias largest private sector lender

The panel comprises the Indian Banks Association (IBA), the Payments Council of India (PCI), and representatives of banks, payment service providers (PSPs) and various associations

The bond market factoring in nearly 100 basis points of repo rate hikes, including 25 bps delivered

Higher borrowing costs may have limited impact on low-ticket home loans; festive season and government support expected to sustain demand

If credit growth continues at this pace, banks will eventually have to consider increasing deposit rates, says SBI Chairman

Cares overall market share increased by 81 basis points to 3.45 per cent

The bank raised its repo-linked lending rate for the UCO Float variant by 25 basis points to 8.30% from 8.05%, mirroring the RBI's move

GTRI urges review of costs and audits of UPIs finances, warning merchant fees could inflate prices, curb demand, and tilt competition toward card networks

The expansion would broaden CareEdge Ratings international arm, which began its global sovereign ratings in October 2024, covering 39 countries

The industrys performance was supported by strong health insurance growth, while a sharp fall in agriculture premiums restrained overall expansion