The Hindu Businessline
Elections 2026Personal Finance / The Hindu Businessline
The feature allows investors to track demand and supply dynamics in real time before the market officially closes, and is intended to help them assess portfolio and derivatives positions ahead of the final settlement price
The minimum application size is 10,000 across all Series of NCDs and in multiples of 1,000 thereafter
The proposals include reintroducing merchant discount rates (MDR) on high-value transactions and establishing a tiered incentive structure to phase out government subsidies over the next few years.
Experts say RBIs decision will hinge on Tata Sons systemic importance and regulatory considerations rather than leadership changes, even as listing debates intensify within Tata Trusts and the SP Group
Brokerages noted that banks had mobilised $36.7 billion in fresh FCNR deposits as of July 31, surpassing $24.5 billion mobilised during the entire 2013 window, which represented 2% of system deposits and 9% of FCA
SBI Managing Director Rama Mohan Rao Amara says the bank is also deploying artificial intelligence, including Large Language Models, to automate processing of cheques up to 10,000.
Central Bank of India surpasses the $100-million target set for July
SBI raises $500 million through a five-year dollar bond issued via its London branch
Q1 Results Today, 12th August 2026 Live Updates: Follow Q1FY27 live updates from businessline
The new lending avenue is helping banks tap sectors such as software, where companies traditionally have had limited need for bank financing.
The shift towards higher-value loans comes as lenders seek stronger borrower profiles and tighter risk management following stress in the sector.
The average ticket size is expected to be 1.25-1.5 lakh, with a maximum loan size of 2 lakh
In the reporting quarter, the NBFCs net interest income (difference between interest earned and finance costs) rose 33% yoy to 1,464 crore (1,104 crore in Q1FY26)
Senior executives highlight its potential to transform decision-making, security and innovation across the sector
Access has also been relatively quick, with nearly 95 per cent % of eligible applicants receiving approval for a credit line within two hours, Kiwi said.
Assets under management grew by 57.20 per cent to 69,635 crore
Customers with CDSL demat account can now apply for Loan Against Shares (LAS) completely online through the Mirae Asset Financial Services website or mobile app
The loan will be processed online through the Mirae Asset Financial Services website or mobile app, replacing a manual, paper-intensive process
By harnessing AI capability, the economics of credit delivery changes fundamentally, banks can serve customers better and enhance their operational efficiency, he said
In the light of India hosting the 2026 edition of the BRICS summit, cross-border payments is considered an area of interest
HDFC Bank plans to raise as much as $1 billion through a dollar bond sale and is in talks with foreign lenders to arrange the sale that could take place in the next few weeks
The central bank Governor, however, warned that AI use entailed risks including biased or opaque decision, besides data privacy and cybersecurity threats
US President Trump has renewed his efforts to remove Fed Governor Lisa Cook over unproven mortgage fraud allegations, while his administration is anxious that the Fed could raise interest rates next month
Q1 Results Today, 11th August 2026 Live Updates: Follow Q1FY27 live updates from businessline
Loan disbursements jump 88% to 1,783 crore; gross NPA eases to 2.51%
Analysts attribute the move to a combination of easing deposit costs, repricing of the deposit book and strong inflows into foreign currency non-resident [FCNR(B)] deposits, which provide banks access to relatively cheaper funds than domestic term deposits
Subramanian, who was theformer chairperson of National Agriculture Insurance Company of India (AIC)joined the Authority on Monday, the insurance regulator said in a release
The government has recently proposed levying a nominal merchant discount rate (MDR) on a limited set of UPI merchant transactions above a certain threshold
The stake sale raised LICs public shareholding from 3.5 per cent to 10%, allowing the government to meet the minimum public shareholding requirement ahead of the regulatory deadline
Between June 5, 2026, and July 30, 2026, the public sector bank mobilised $207.46 million via FCNR-B deposits of 3-5 years tenor
Q1 Results Today, 10th August 2026 Live Updates: Follow Q1FY27 live updates from businessline
The overseas push could deepen UPIs role in remittances, travel and trade as more Indians and businesses transact internationally.
The product allows customers to choose a fixed-rate period of 39, 52 or 65 months, during which their interest rate and EMI remain unchanged even if the repo rate changes
The 'Taxation and Other Laws (Amendment) Bill, 2026 ' seeks to amend the Payment and Settlement Systems Act, 2007, Income-tax Act, 2025, and Finance Act, 2026
Finance Ministry said, Consumers making payments will not face any transaction charges and that all Person-to-Person transactions will continue to be free of charge
The Minister underscored that common peoples co-operatives should be formed by aggregating their savings, creating a big pool which can be used to do big business
The current debate about the UPI ecosystem is not about changing the fundamental design principles
Track all the latest Q1 FY27 earnings announcements, corporate developments and management commentary as companies including Delhivery, Eveready Industries India, Medi Assist Healthcare Services, Oswal Pumps, Studds Accessories report their June quarter results.
Draft norms tighten leverage requirements, exposure calculations and capital distribution rules, reinforcing banking sector resilience under globally aligned regulatory standards
Q1 Results Today, 07th August 2026 Highlights: Follow Q1FY27 live updates from businessline
Housing loans increased 11.4 per cent to 8.44 lakh crore, while vehicle loans rose 15.2% to 6.24 lakh crore, highlighting steady consumer demand
These banks are offering interest rates 150 bps higher than large lenders
Gross advances of PSBs grew by 15.7 per cent to 127 lakh crore as on March 31, 2026
To enhance customer centricity and promote inclusive banking, PSBs have reviewed their service charge structures.
FCNR (B) deposit inflows will give Indias largest bank a clear visibility on liquidity and helping it reduce dependence on bulk deposits
Total subscribers of NPS, a defined contribution pension system, from the non-government sector stands at around 90 lakh at present
The Board also approved fundraising aggregating to around Rs 55,000 crore by way of issue of Non-Convertible Debentures (NCDs)
Rating reflects diversified lending book; Q1 net profit doubles to 353 crore on strong AUM growth
Once the Yogloans acquisition is complete, over the next two and a half to three years, TCL expects to add close to about 500 plus branches and with a portfolio of approximately 4,000 to 5,000 crores

32 C