The Hindu Businessline

Banking services in 12 public sector banks and a few old generation private sector banks could be affected

Lender to raise 15,000 crore via NCDs on a private placement basis in FY27

Phonepes fresh investments in new platforms aim to diversify its business and revenue streams, with the objective to unlocking large new market opportunities

The petitioners argued that the demands run contrary to circulars issued by the Central Board of Indirect Taxes and Customs (CBIC) on October 11, 2024 and January 28, 2025

AUM rose 15 per cent y-o-y to Rs 2.91 lakh crore.

NII grew 31 per cent year-on-year (y-o-y) to 1,227 crore in Q3.

Short-term holder metrics remain near break-even, indicating that recent buyers continue to sell into rallies, limiting upside momentum

Bank appoints ex-SBI MD Arijit Basu as new chairman for three years

Axis Finance, registered as a non-bank finance company, is set to submit a revised growth plan to the bank's board in April and will reevaluate its capital-raising needs thereafter

Central bank, for the first time, will be conducting a variable rate repo (VRR) auction for 90 days

Assets Under Management went up 18 per cent and stood at 18,880 crore.

The bank has been witnessing a high level of non-performing assets (NPAs) in the EEB segment, as total slippages stood at 1314 crore for the third quarter this fiscal

Mehta's departure marks the latest leadership change at the lender, which in 2025 grappled with investor criticism over the disclosure of accounting lapses, prompting the exits of former CEO Sumant Kathpalia and Deputy CEO Arun Khurana

Anirudha Taparia founded Nexedge Capital less than a year ago and has hired 60 bankers so far, with another 30 expected to join in the next few month

The lawsuit, filed in a Florida court, claims JPMorgan abruptly closed multiple personal and business accounts with 60 days notice and no explanation, disrupting operations and cutting off access to millions of dollars

The lenders non-interest income and NII declined 37.85 per cent and 4.48 per cent y-o-y, respectively, during the third quarter, resulting in a fall in the operating profit by 28.51 per cent y-o-y,1,445 crore compared with 2,021.36 crore in the year-ago period.

HSBC is planning on opening 3-4 branches in the coming few months, said Canara HSBC Life Insurance MD & CEO Anuj Dayal Mathur

In total, up to 50.66 million shares are on offer, marking a significant liquidity event for early and late-stage investors

With this, Razorpay now holds all three key RBI licencesonline, cross-border, and offline payment aggregation.

Amid limited availability of credit from segments such as unsecured lending, borrowers are looking out for other sources of funding

Micro housing loans (ticket size: 5 lakh to 25 lakh) has been identified as another thrust area the company will enter

The profit was driven by a growth in RAM (Retail, Agriculture & MSME) advances, which grew by 16.7% y-o-y to 3,90,459 crore in Q3 FY26

Total business reached 31,929 crore as on December 31, 2025, from 26,443 crore as on December 31, 2024, recording 21 per cent growth

US-based BofA Securities, through its arm BofA Securities Europe SA purchased 60 lakh shares, amounting to a 0.97% stake in RBL Bank, as per the block deal data available on the BSE

Canara HSBC Life Insurance logs net profit of 27.65 crore in Q3 FY26

Net interest income (difference between interest earned and interest expended) in the reporting quarter was up about 6% yoy at 6,461 crore (6,070 crore in the year ago period).

Industry executives call for measured regulatory and tax refinements that protect users, maintain financial stability and support responsible market development

Azhisur to also continue as Chief Information Officer for Guardian India

The SIDBINSE promoted RXIL reports strong profitability after wiping off accumulated losses in FY24

Gross non-performing assets declined to 3% from 4.08% a year earlier, while net NPAs fell to 0.68% from 0.94%

The branch will be facilitating the trading of equities, derivatives and other financial instruments

The International Financial Services Centres Authority (IFSCA) proposed that a market participant undertaking algorithmic trading may only be able to do so with the prior permission of an exchange

This is the third year in row where City Union Bank has received six or more awards at the IBA Technology awards

The banks NII grew 16% y-o-y to 2,341 crore, while other income was up 17% at 724 crore

This will be the first review after the fourth consolidation round, which reduced the number of RRBs to 28 from 43

Cashfree has raised $53 million in a funding round led by South Korean gaming giant KRAFTON last year, with participation from existing investor Apis Growth Fund II

The company had posted a net profit of 212 crore in the corresponding quarter last year

The program will support 10 strategic initiatives in key sectors such as climate innovation, agriculture, manufacturing, financial inclusion, and gender diversity, as well as emerging areas like AI and deep technology

With this acquisition, UST will be able to increase its share of digital banking solutions implementation and support services for banks and credit unions

RBI has injected a record 14.5 trillion rupees of liquidity since end-December 2024 through cash reserve-ratio cuts, open-market bond purchases and foreign-exchange swaps,

Banks to enhance scrutiny of priority sector loans through Securitisation Notes, adhering to new RBI guidelines for better asset quality.

His remarks come as the Reserve Bank reviews the possibility of resuming licensing of new UCBs through a discussion paper

Mathews has served over 37 years in the Indian Army, and retired as the Major General

Optimistic Capital revealed plans to invest in two additional microbreweries in central Bengaluru

Under the new feature, policyholders pay premiums for only six of the twelve years, with the remaining premiums offset by income benefits

This model, which leverages digital credit underwriting, represents a shift from traditional collateral-based lending to a system fuelled by verifiable data and real-time digital footprints

HyperVerges Video KYC solution helps banks significantly improve conversions and productivity, enabling each agent to complete nearly twice the number of agent-approved verification calls per day compared to earlier workflows

Gross Non-Performing Assets ratio improved by 90 bps to 3.19%

Proposal for CBDC connectivity could feature at 2026 BRICS summit, reduce reliance on the US dollar as geopolitical tensions rise