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The Hindu Businessline

Personal Finance / The Hindu Businessline

Rupee closes at record low, G-Sec yields rise

The Indian currency ended the day at an all-time low of 92.33 per US dollar, down 59 paise against previous close of 91.74

9 Mar 2026 8:55 pm
Private sector banks collected over 11,000 cr in 3 yrs for not maintaining minimum balance in accounts

HDFC Bank emerged as the top earner with over 3,800 crore in 3 years, followed by Axis Bank and ICICI Bank with over 2,700 crore and 1,200 crore respectively

9 Mar 2026 8:38 pm
Federal Bank strengthen focus on wealth management business

The Bank and Equirus will continue to collaborate to fulfill the investment needs of UHNI category customers by offering select products and services from the Equirus wealth management suite

9 Mar 2026 5:57 pm
The Latest Fixed Deposit Interest Rates: Mar 06, 2026

The Latest Fixed Deposit Interest Rates: Mar 06, 2026

9 Mar 2026 5:21 pm
The Latest Home Loan Interest Rates: Mar 06, 2026

The Latest Home Loan Interest Rates: Mar 06, 2026

9 Mar 2026 5:15 pm
360 ONE Asset closes fifth private credit fund at 3,500 crore

Following the latest close, 360 ONE Asset's private credit business now manages about 15,200 crore ($1.7 billion) in credit assets

9 Mar 2026 3:12 pm
Swiggy, HDFC Bank launch two new co-branded credit cards with up to 48,000 annual savings

The cards are being rolled out in phases and can be applied for through the Swiggy app or HDFC Banks digital channels

9 Mar 2026 12:58 pm
Phanindranath Kakarla takes charge of Arcil as CEO & MD

Kakarla joined Arcil on April 2, 2025, as President under a Board-approved succession plan in order to overlap with Mohapatras tenure for a sufficient period for continuous and smooth transition

9 Mar 2026 12:22 pm
RBI likely sells dollars to avert rupee slide to record low, traders say

The RBI stepped in before the local spot market opened, helping the rupee rebound slightly from around 92.30 to 92.20 in the interbank order matching system

9 Mar 2026 9:18 am
Upper-layer NBFCs seek risk-weight rejig amid heightened regulatory scrutiny

NBFCs seeking rejig in risk-weights, especially on retail loans, which form around 90 per cent of industry AUM

8 Mar 2026 8:35 pm
J&K Bank partners with NBFCs to expand home and gold loan lending

The bank signed co-lending agreements with Home First Finance Company India Limited for home loans and IIFL Finance for gold loans

8 Mar 2026 10:11 am
RBI relaxes NOFHC requirement for promoters of AU Small Finance Bank

So in case the bank or its promoter/ promoter group wants to get into any other business like mutual fund or insurance post becoming a universal bank then they will need to form NOFHC

7 Mar 2026 7:01 pm
Federal Bank says arrangement with Equirus Capital for wealth management will be restructured

The Bank and Equirus will continue to collaborate to fulfil the investment needs of UHNI category customers by offering select products and services from the Equirus wealth management suite

7 Mar 2026 6:36 pm
SBI launches exclusive $500 million loan facility for women empowerment

The syndicated transaction, first of its kind by SBI, is aimed at supporting gender equality and inclusive economic growth, and is expected to be the largest gender-themed loan globally, bank says

7 Mar 2026 2:12 pm
Karnataka Bank shareholders approve one directors reappointment, reject another

The special resolution seeking the reappointment of Balakrishna Alse S received support from 3,735 members who cast 11,606,1053 votes in favor

7 Mar 2026 1:50 pm
Indian women ride the crypto wave to build portfolio

Homemakers emerge as the second-largest investor group, among women, investing in cryptocurrency with millennial and mid-career women leading the trend

6 Mar 2026 9:21 pm
6 Mar 2026 8:54 pm
Insurers shift to Ind AS to hail global compatibility, boost investor confidence

IRDAI has proposed implementing new accounting standards from April 1, 2026

6 Mar 2026 7:17 pm
IT Dept expands reporting framework by including crypto, CBDC

Move aims to ensure that cross-border tax transparency keeps pace with the rapidly evolving digital financial landscape

6 Mar 2026 6:26 pm
Aye Finance posts 87% jump in Q3 profit, AUM crosses 6,300 crore

Loan disbursements rise 35% year-on-year to 1,310 crore during the quarter

6 Mar 2026 6:14 pm
Share of credit card outstanding balance in total retail loans declines 60 bps y-o-y to 4.4%

Credit card spending rose by 8.1% year-on-year (y-o-y) in January 2026, to 2.05 lakh crore, driven by sustained e-commerce spending

6 Mar 2026 4:50 pm
Divyangjan staff association airs fears over service continuity, protection in IDBI Bank

Any perceived dilution of protection during privatisation could create insecurity across the banking sector for thousands of employees with disabilities

6 Mar 2026 2:10 pm
RBI data suggest end of repo rate cut transmission into lending rates

Weighted average lending rate on fresh rupee loans of banks) rose 39 bps to 8.67 per cent in January 2026 from 8.28 per cent in December 2025

5 Mar 2026 8:38 pm
L&T Finance launches specialised Spoorthi programme for women entrepreneurs

Women entrepreneurs to be offered extended loan tenors of up to 25 years for the purchase of house property or Loan Against Property (LAP) for business expansion and working capital

5 Mar 2026 6:07 pm
IndusInd Bank treasury head set to exit in April

Banerjee, who has been the head of the global markets group at IndusInd Bank since 2020, has informed the management about his decision, say sources

5 Mar 2026 4:01 pm
RBI ramps up support to shield bonds from oil shock

The category, which comprises insurance companies, pension funds, corporates and the RBI, bought bonds worth 20,285 crore on Wednesday, the highest for this segment since February 2021

5 Mar 2026 3:56 pm
South Indian Bank launches digitally integrated loan against MF products

Starting at 9.99% per annum, the facility will be available to the banks customers as well as users of digital wealth platforms integrated through its Lending Service Provider ecosystem

5 Mar 2026 3:26 pm
Tata AIA launches pension plan blending guaranteed income with market-linked returns

The plan allows policyholders to allocate a portion of their annuity to the Nifty 50 index, while the remainder is secured as fixed income

5 Mar 2026 12:39 pm
G-Sec yields steady despite crude surge amid West Asia tensions

Banks are supporting the yields due to year-end considerations

4 Mar 2026 9:08 pm
State Bank of India recruits 5,783 junior associates

This recruitment drive is to further strengthen customer service and branch operations across the country

4 Mar 2026 9:05 pm
Speed is not always a virtue in finance: RBI Dy Guv Swaminathan

He noted that technology is a force multiplier, which amplifies good design as well as bad design

4 Mar 2026 8:21 pm
Zuno General Insurance plans to improve combined ratio by 500-700 bps over 2 years

Currently, Motor insurance contributes around 50 per cent to the insurers gross premium, while around 35 per cent of its gross premium comes from Health insurance

4 Mar 2026 8:15 pm
AIBOA says IDBI Bank land parcels should revert back to government before divestment

Need to be secured back to the control of the Government of India before exercise of disinvestment

4 Mar 2026 3:29 pm
Axis Bank ties up with Tesla as preferred EV financier in India

Under the arrangement, Axis Bank will provide end-to-end digital loan processing for Tesla buyers, from booking through to vehicle delivery, with no paperwork required

4 Mar 2026 2:56 pm
India, Indonesia support local currencies as Iran war hits emerging markets

As geopolitical tensions escalate in the Middle East, Indonesia and India take decisive action to bolster their currencies against rising oil prices and inflationary pressures

4 Mar 2026 12:14 pm