The Hindu Businessline

With Kevin Warshs nomination pending and legal proceedings ongoing, Powell signalled he could serve as chair pro-tem beyond his May term-end if needed

While policymakers still expect one rate cut this year, growing uncertainty and sticky inflation have made future moves less predictable.

He stressed that inflation remains only slightly above target and unemployment is low, unlike the severe economic conditions of the 1970s

Cites mismatch between his personal values and some of the banks practices witnessed over the last two years

Customers can simply scan the QR code, enter the withdrawal amount, and authenticate using their UPI PIN

Public sector bank secures necessary approvals

Dragged by rising crude oil prices and escalating war in West Asia

The tri-party repo platform is enabling corporates and financial institutions to access low-cost liquidity using corporate bonds, reducing reliance on traditional bank funding and driving strong market adoption.

The move aligns with its strategy to exit non-core, single-product relationships and focus on affluent clients

With all statutory clearances in place, the deal is set to close by March 2026, after which Bain Capital will acquire joint control and a significant stake in the company

The banks placed on record a consolidated computation of claims across multiple Group entities and setting out the methodology adopted for the distribution of the amount

Gen Z emerged as the fastest-growing segment, increasingly opting for secured credit like gold and two-wheeler loans.

AFL, incorporated on April 27, 1995, has posted consistent revenue growth over the past three years

Lenders plan infrastructure bond issuances amid strong institutional demand

The company said it will focus on women-led businesses and sectors with limited access to formal finance

The application is for the establishment of a statutory insurance and reinsurance corporation, authorised to undertake insurance and reinsurance business, with funds to be remitted from Lloyds head office in London

Axis Bank has reconsidered stake sale in Axis Finance after the central bank eased its rules on overlapping activities between banks and their subsidiaries

The blockchain industrys virtual-first structure has kept the UAE crypto industry resilient as the West Asia conflict enters its third week

Regulatory guidelines, app directory, blocking orders and awareness campaigns in place; states primarily responsible for enforcement and prosecution

The bonds are issued for a tenor of 10 years, with call option after 5 years and each anniversary date thereafter

Available through its app, the direct-to-customer product eliminates intermediary costs, enabling competitive pricing

With UPIs robust infrastructure and integration with LankaQR, the initiative aims to enable seamless transactions

The initiative aims to strengthen the digital payments ecosystem while improving financial inclusion, especially in rural and semi-urban areas

Indian companies mopped up $5.336 billion in January 2026 against $4.435 billion in December 2025, per RBI data

RBI has infused 3.50 lakh crore of durable liquidity into the banking system through open market purchase of government securities since January 2026

In 202324, a penalty of 2 crore was levied on Reliance General Insurance Company for unfair business practices. Similarly, penalties have been imposed on other companies including Bajaj Finance Ltd (2 crore), HDFC Life Insurance (2 crore), SBI Life Insurance (1 crore) and Royal Sundaram General Insurance (1 crore)

The research, conducted with Zyla Health and published in Cureus, analysed data from 29,463 customers during FY24

Shiprocket partners can now access CCAvenues features, including same-day settlements, international payments, no-cost EMI options, and shareable payment links via WhatsApp, SMS, Instagram and email

Government reforms, digitisation, and GST exemptions are expanding access, particularly through schemes like PM Jeevan Jyoti Bima Yojana and Ayushman Bharat

The company which has been selling the brand in India through licensing agreement since 2002 said it has acquired these rights for a consideration of 141.4 crore

The partnership will help the brand get associated with a personality who is synonymous with reliability and multifaceted excellence, the bank said

The BCC urged RBI to encourage banks to adopt a supportive credit approach by increasing working capital limits and extending export credit tenures

This time, financial markets have been quick to reprice expectations, betting central bankers won't want to make the same mistake again, although the BIS used its latest report to urge caution

The share of loans below 50,000 has declined to 17 per cent from 33 per cent in October-December 2025

The bank may initially raise 7,500 crore, including a base issue of 3,000 crore and a green shoe option of 4,500 crore, with a tenure of 10 years before March-end 2026.

IRDAI has also mandated actuarial reviews to ensure transparency in pricing and capped annual premium hikes for senior citizens at 10 per cent unless approved by the regulator.

The company is targeting disbursements of over 10 crore in the initial phase in this segment in Puducherry

Earlier, government officials have repeatedly indicated that the divestment process will be completed in the fiscal year ending March 2026

Currently, when lenders pull a credit information report from a CIC, they get a three-digit customer credit score, which is a point in time representation of his/her creditworthiness

Long-term and green/sustainable bonds to fund infrastructure, affordable housing and other initiatives

Analysis of past decade shows repo actions largely aligned with stated monetary stance, according to a report by State Bank of India

The original cryptocurrency is beating stocks and gold since the Iran war broke out, but that says more about how far it had already fallen than where its headed. The token is down more than 40% from an October peak

The commission, comprising presiding member AVM J Rajendra and judicial member Anoop Kumar Mendiratta, was hearing an appeal filed by Procure Logistics Services Pvt Ltd against the Axis Bank

Prem Watsa-led Fairfax and Emirates NBD are reported to have put in bids for the strategic sale of IDBI Bank

The Latest Fixed Deposit Interest Rates: Mar 13, 2026

The Latest Home Loan Interest Rates: Mar 13, 2026

In the reporting fortnight, deposits and advances of all Scheduled Banks jumped by Rs 4,20,091 crore and Rs 3,24,432 crore, respectively

Since the Israel-US alliance war with Iran started two weeks ago, the rupee has weakened about 150 paise

The action was part of the raids conducted in Chandigarh, Punjab's Mohali, Haryana's Panchkula and Gurgaon and Karnataka capital Bengaluru in connection with the IDFC First Bank Scam