The Hindu Businessline
Elections 2026Personal Finance / The Hindu Businessline
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 insurer said its digital processes helped accelerate claim settlements, with non-investigated claims taking an average of one day
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
The pre-emptive move is designed to ensure that the RBI gets an opportunity to present its arguments before any court grants interim relief to Tata Sons
The SEBI-registered Category I merchant banker completed its first mainboard assignment with the 460 crore IPO of Deepa Jewellers
The committee is expected to meet this Friday to evaluate the available options in light of the Supreme Courts spectrum judgment and the subsequent dismissal of the review petition
Varma to lead brand, digital, customer experience and AI enablement
The clarification comes after Parliament amended the Payment and Settlement Systems Act to enable MDR on UPI and other electronic payments
The expectations came a day after official data showed consumer price inflation rising to 4.82% in August from July's 4.45%
Varma to lead brand, digital, customer experience and AI enablement
The consultations come after India changed its payments legislation on Monday, allowing firms to charge transactions of more than 2,000
The central bank received bids worth 3,93,352 crore, for a notified amount of 5 lakh crore. It accepted all bids at a cut-off and weighted average rate of 5.24 per cent
2031 yield jumps 16 bps; Citi sees 50-75 bps of rate hikes starting in October amid oil and inflation risks
RBIs broader policy focus likely to remain on managing domestic liquidity and foreign exchange conditions

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