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The initiative aims to boost financial inclusion and expand formal credit access, especially in semi-urban and rural areas where PNB has a strong branch presence.
Speaking at CCILs 25-year anniversary in Mumbai, he highlighted AIs ability to process large-scale financial data for better risk prediction and automation of clearing and settlement processes
Despite challenges, the outlook for 2026-27 remains cautiously positive with services, agriculture and healthy balance sheets continuing to support growth, RBI Governor said
Draft directions tighten norms for digital wallets, raise net worth requirements for non-banks and strengthen customer safeguards ahead of May 22 deadline
Q4 ResultsToday, April 22, 2026, Updates: Catch updates
It was a temporary measure and we (partially) rolled it back now, says T Rabi Sankar, Deputy Governor, RBI
Candidates holding the post of Chief Vigilance Officer (CVO) would not be considered for appointment to the post
Net profit falls to 805 crore as commissions and operating expenses rise despite premium growth
New rider provides living benefits worth up to 2 lakh per annum at 1,911 per month. Benefits vary by selected variant and eligible plan combination
The Reserve Bank of Indias preliminary assessment suggests Mythos could pose cybersecurity risks by accelerating the discovery and exploitation of software vulnerabilities, sources said
ICRA expects credit growth to moderate to sub-12% in FY27 from the significantly higher level of 15.9% in FY26
Speaking at a round-table in New York, he highlighted ongoing reforms to ease regulations, improve market access, and integrate onshore and offshore markets
Bitcoin increases as much as 2.7% to trade around $77,500
The new business premium crossed 4 lakh crore mark for the first time, mainly driven by GST waiver
Padalkar joined HDFC Life in 2008 and has held several leadership roles within the organisation
The framework introduces a set of rules to govern recurring digital transactions across payment systems
Lender argues that ruling contains errors apparent on the face of the record
Rupee ends the day weaker at 93.51 per US dollar, against the previous close of 93.13
Based on a survey of over 10,000 borrowers across 10 states, thestudy shows microfinance in Telangana continued to play a `critical role in enabling livelihood creation and enterprise growth
This jump is the result of our steady focus on prudent lending, digital innovation and strengthening our roots in semi-urban and rural Telangana, said banks ChairmanK Prathapa Reddy
The bank aims to strengthen digital payment options for its customers through the partnership
With this addition, Bharat Connects insurance category now includes 65 billers, reflecting the growing shift towards digital premium payments
IMGCs mortgage guarantee will cover BHFLs Sambhav Loans, aimed at customers with informal income or limited credit history
Banks remain cautious amid regulatory scrutiny; Deputy Governor Sankar's recent speech in focus; Relaxation seen facilitating genuine hedging needs
Mutual fund holdings climbed to 32.42% as of March 31, 2026, up from 29.86% a year earlier
Fitch said recent greater interest from foreign investors indicates their rising confidence in India's long-term growth prospects, the financial sector's regulations and oversight and improved risk governance
Q4 ResultsToday, April 21, 2026, Live Updates: Catch live updates
The fund, which hit its hard cap and was oversubscribed, comes at a time when capital raised for Asian private equity funds fell to a 12-year low in 2025 after four consecutive years of decline
If a customer's visa application is rejected, the company will indemnify the insured for non-recoverable advance payments towards accommodation and travel, including applicable official cancellation charges
The April 1 RBI directive, which was aimed at curbing speculation and arbitrage in foreign exchange market, disallowed ADs to offer non-deliverable derivative contracts involving INR to resident or non-resident users.
Till some time ago, life insurance policies, specifically the term life plans, were largely bought only by salaried peopleit was felt those are the kind of customer profile which will prefer and understand a term plan.
RBI has withdrawn instructions that barred authorised dealers from offering resident and non-resident users non-deliverable forwards
Loan loss provisions declined about 41 per cent y-o-y to Rs 188 crore (Rs 318 crore)
The private lenders net profit for the fourth quarter came in at 13,701.7 crore, while net interest income was 8.4% higher on year at 22,979 crore
Q4 Results Highlights Today, April 18, 2026: Catch latest updates
The banks asset quality improved, with gross NPAs falling to 1.15 per cent
The private lender's loans grew 10.7% year-on-year during the quarter.
Crude prices settled down by around 9% on Friday on reported progress towards a potential peace deal, which Goldman said could lead to a faster unwinding of the geopolitical risk premium and send prices lower in the near-term
Obligatory cession refers to the compulsory sharing of insurance risk by insurers with the national reinsurer
The Latest Fixed Deposit Interest Rates: Apr 17, 2026
The Latest Home Loan Interest Rates: Apr 17, 2026
The central bank had received higher bids worth 2,28,098 crore than the notified amount of 2 lakh crore in the auction
HDFC Bank expected to post 6-11% growth in Q4FY26 net profit year-on-year and 1-3% yoy for ICICI Bank
The CBI will soon be filing a charge sheet against the jeweller, who is understood to be in London, and his accomplices in the case registered under the provisions of the Indian Penal Code
Central bank wants state-run refiners to tap credit line for FX; measure expected to help ease pressure on rupee, sources say

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