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The Hindu Businessline

Personal Finance / The Hindu Businessline

Panagariya urges RBI to ignore 100/$ psychological barrier, let rupee adjust naturally

He also cautioned against costly foreign borrowing and NRI deposit schemes to boost reserves.

21 May 2026 10:47 pm
LIC Q4 net up 23% on higher premium income, declares 1:1 bonus

Insurance behemoth to pay pre-bonus dividend of 10 per share

21 May 2026 8:31 pm
Reserve Bank rate hikes to start in June: Standard Chartered

Rising global yields and rate hikes from other Asian central banks could also lead to higher policy rates, StanCharts India economists Anubhuti Sahay and Saurav Anand said in a note

21 May 2026 7:15 pm
Alpha AMC targets 1,000-cr corpus for VentureX SME Fund

The fund crossed total commitments of 223 crore as of April 30, 2026

21 May 2026 5:17 pm
PFRDA sets up panel to look at induction of more asset classes for better returns

The total number of subscribers under NPS at the end of FY26 stood at 2.17 crore, with a total corpus of 15.95 lakh crore

21 May 2026 4:55 pm
SEBI sends show-cause notices to Capital Group entities in front-running case

Probe tied to 2025 front-running case involving Ketan Parekh and Rohit Salgaocar

21 May 2026 2:59 pm
Banks cannot disable mobile phones of defaulting borrowers: RBI proposal

A bank will, however, be allowed to restrict or disable functionalities of a defaulting borrowers mobile device, provided the device is financed by the lender

21 May 2026 2:01 pm
Solfin raises 280 crore, turns profitable in first year of operations

The fresh capital will be directed towards AI-driven credit underwriting, portfolio monitoring, geographic expansion into underpenetrated states and new green-financing products

21 May 2026 1:05 pm
LIC shares tick up ahead of Q4FY26 results; analyst urges caution

The stocks total market capitalisation stands at 5,11,692 crore

21 May 2026 12:33 pm
Tata AIA launches dividend-focused pension fund with NFO window open till May 27

The fund tracks the BSE 500 Dividend Leaders 50 Index and invests in 50 companies with a track record of regular dividend payouts

21 May 2026 12:22 pm
Stay fit, pay less: Over 2 lakh Aditya Birla Health customers earned premium refunds in FY26

Nearly 2.03 lakh customers earned between 6-100% of their premiums back in FY26, accounting for nearly 11% of eligible customers, says Mayank Bathwal, CEO, Aditya Birla Health Insurance

21 May 2026 12:05 pm
Rupee shock may slow India: Kearney sees 1-1.5 percentage point West Asia hit on GDP

Despite West Asia crisis potential hit on Even as West Asia crisis could shave 11.5 percentage points off Indias GDP growth over the next 6-9 months, global consulting firm Kearney dismissed fears of rupee breaching the 100-per-dollar mark and slide to 130140. Speaking to businessline during Kearneys 100 Years of Impact celebrations, the firms top global leadership said Indias next growth cycle driven by investments in green energy, electronics manufacturing, data centres and infrastructurewill

21 May 2026 11:12 am
RBI revives aggressive pre-market intervention to arrest rupees slide

RBIs pre-open intervention mirrored past episodes where it has acted aggressively to break a negative feedback loop of persistent depreciation and mounting pressure on the rupee

21 May 2026 10:48 am
India bonds reverse gains as report RBI mulling rate hike outweighs external support

The benchmark 6.48% 2035 bond yield was at 7.1225%, as of 10:15 a.m. IST, rocketing back up from a low of 7.0194% hit earlier, and against its previous close of 7.0761%

21 May 2026 10:46 am
RBI reworks draft loan recovery directions following industry feedback

The draft norms also bar lenders from disabling essential features such as internet access, incoming calls, emergency SOS services and public safety notifications

20 May 2026 9:29 pm
New financial services features on app to help work in collaboration with banks, says NPCI BHIM Services MD

BHIM Payments Apps total transaction volumes increased by 301 per cent in FY26 compared to FY25

20 May 2026 9:15 pm
Banks step up hiring of apprentices to cut costs, expand operations

Data on recent recruitment trends show that banks are increasingly using apprentices to meet manpower requirements arising from the expansion of marketing, customer outreach, etc.

20 May 2026 8:15 pm
Karnataka Grameena Bank gets PFRDA award for Atal Pension Yojana enrolment

KGB enrolled 2,49,185 APY accounts against the DFS/PFRDA target of 1,75,500 accounts, registering an achievement level of 142%, the highest among all banks in Karnataka

20 May 2026 6:44 pm
Indias treasury-bill yields surge on rate-hike expectation

Yield on the 364-day treasury bill rose 21 basis points to 5.9750% Wednesday, the most in nearly four years, according to data compiled by Bloomberg

20 May 2026 6:35 pm
Customers trust banks with data, but only fully satisfied with fraud resolution: EY Report

The report highlighted that trust has emerged as one of the biggest differentiators for banks as customer expectations continue to evolve beyond products and pricing

20 May 2026 3:25 pm
HDFC AMC reports cyber security threat

The company promptly activated the necessary protocols for containment and incident response, and has engaged a specialist firm to assess the potential impact

20 May 2026 2:37 pm
PFCs 26,000-crore, 30-year loan to NPCIL sets stage for long-term nuclear financing

Nuclear projects present a distinctive financing challenge with high capital outlay

20 May 2026 2:30 pm
AI will destroy some jobs and create new ones, says HSBC CEO

The comments come a day after another financial industry giant, Standard Chartered, said that 7,000 jobs could go as it steps up its efforts to deploy AI

20 May 2026 12:43 pm
RBI intervenes as Rupee drops to record low

Global investors have pulled out a record $23 billion from the nations stocks this year

20 May 2026 11:12 am
SBI to recruit 7,150 apprentices across India; applications open till June 8

Graduates aged 2028 can apply online till June 8, 2026. Selected candidates will receive a 15,000 monthly stipend.

20 May 2026 8:09 am
Karnataka Banks Q4 net profit at 408.19, seeing a growth of 61.74%

The NPAs of the bank declined by 30 basis points from 3.08% in Q4 2024-25 to 2.78% in Q4 2025-26, and the net NPA of the bank declined by 33 basis points from 1.31% to 0.98%

19 May 2026 9:44 pm
RBI seeks more granular risk, capital disclosures from banks

Banks will also have to provide narrative explanations for major changes in these parameters from one reporting period to another, including the factors driving such movements and the management response to evolving risks

19 May 2026 9:12 pm
EPFO set to unveil UPI pay-outs of PF

EPFO has undertaken mission-mode initiatives to reduce PF-related litigation and ensure resolution of pending cases: Minister for Labour & Employment Mansukh Mandaviya

19 May 2026 8:20 pm
RBI set to pay government record dividend to cushion war shock

The central bank may transfer nearly 3 trillion rupees to the government this week

19 May 2026 3:59 pm
Ebix Technologies aims 20% growth across insurTech, financial services business

These include solutions across broker connectivity, policy administration, electronic placement systems, compliance infrastructure, and digital insurance exchanges, it added

19 May 2026 3:35 pm
Standard Chartered plans 7,000 job cuts by 2030 amid AI-driven restructuring

Back-office centres in Chennai, Bengaluru, Kuala Lumpur and Warsaw are likely to be affected

19 May 2026 1:15 pm
RBI likely selling dollars via state-run banks to steady rupee, traders says

The rupee was quoted at 96.32 per dollar on Tuesday, off a low of 96.3850

19 May 2026 9:29 am
ViyonaFintech gets NPCI certification

With this milestone,Hyderabad-based Viyonajoins a select group of fintech infrastructure players building end-to-end payment orchestration capabilities aligned with National Payments Corporation of India standards.

18 May 2026 8:38 pm
Bitcoin at two-week low as crypto liquidations hit $500 million

The token has been under pressure in recent days as uncertainty around the US war with Iran weighed on risk assets

18 May 2026 8:37 pm
Not activating countercyclical capital buffer: RBI

The framework envisages the credit-to-GDP gap as the main indicator, which may be used in conjunction with other supplementary indicators

18 May 2026 8:23 pm
Fintechs turn to AI for personalised finance, fraud detection and smarter operations

The sector looks beyond basic automation and chatbots toward more intelligent financial services infrastructure

18 May 2026 8:17 pm
RBI dispenses with commercial banks requirement for investment fluctuation reserve

This move is aimed at reducing operational rigidity while preserving prudential safeguards

18 May 2026 8:10 pm
Central Bank of India keen on supporting Indian exporters: ED Murali Krishna

Timelybanking assistance is vital to enhancethe competitiveness of Indian exporters in global markets, says Executive Director

18 May 2026 7:16 pm
TVS Venu Group to acquire 9.9% stake in Jana Small Finance Bank for 193 crore

The move follows TVS groups recent expansion in financial services, including its agreement to acquire PGIM India Asset Management, and reflects its focus on Indias growing digital financial ecosystem

18 May 2026 7:15 pm
SBI nation-wide 2-day strike next week

All India State Bank of India Staff Federation puts forth 16-point charter of demands

18 May 2026 6:48 pm
IndusInd Nippon Life Insurance FY26 profit up 15% at 248 crore

New business premium increased 18.5% year-on-year to 1,475 crore in FY26

18 May 2026 6:04 pm
IndusInd Nippon Life Insurance posts 18% rise in new business premium

The results mark the companys first full financial year since rebranding from Reliance Nippon Life Insurance, following IndusInd International Holdings Limited (IIHL) acquiring a stake alongside existing partner Nippon Life Insurance

18 May 2026 4:01 pm
How Trump's crypto venture and Iran's top exchange tapped into the same industry networks

Sun and Binance, the crypto exchange owned by Zhao, are both prominent backers of World Liberty Financial, the crypto firm co-founded by Trump and his family

18 May 2026 3:30 pm
Liberty Mutual raises India stake to 74% in Liberty General Insurance

The remaining 26% stake in LGI is held by Enam Securities

18 May 2026 3:24 pm
Bank of India raises fixed deposit rates for medium- and long-term tenures

Senior Citizens will receive an additional 0.50% p.a. over the applicable rate for deposits maturing between six months and less than three years, while Super Senior Citizens will get an extra 0.65% p.a. for the same tenure band

18 May 2026 2:50 pm
India directs State-run banks, insurance firms to cut costs, shift to EVs

The order, part of a broader austerity push, will cover institutions like the State Bank of India, Bank of Baroda and Life Insurance Corp of India and million of their employees across the country

18 May 2026 1:57 pm
Govt weighs options to revive stalled IDBI Bank privatisation

One of the options is to reduce the reserve price by as much as 20% after buyers balked in the previous round, which was halted in March, sources said

18 May 2026 1:53 pm
TVS Motor to acquire 4.9% stake in Jana Small Finance Bank for 193 crore

The move follows TVS groups recent expansion in financial services, including its agreement to acquire PGIM India Asset Management, and reflects its focus on Indias growing digital financial ecosystem

18 May 2026 1:09 pm