Mashreq in final stages of obtaining IFSCA license

Karnataka Bank to have somebody in place before last working day of current MD Srikrishnan Hari Hara Sarma on July 15

SBI adds $44 billion to global GDP in FY25

This launch comes as 34% of CoinSwitchs active traders engage with new tokens in the past six months

The panel will likely recommend the RBI ask the government to keep the target at 4 per cent, with a tolerance band of 2-6 per cent, sources said

SBI to also report name of Reliance Communications' former director Anil Dhirajlal Ambani to RBI

Kadam has been associated with SEBI since 1996 and has handled several assignments, including roles in corporation finance, market regulation, surveillance, and investigations

The total value of 2,000 banknotes in circulation was 3.56 lakh crore on May 19, 2023. It has now declined to 6,099 crore at the close of business on June 30, 2025

Thiscustomer-first initiative, effective fromJuly 1, 2025, is particularly aimed at supporting priority segments, such aswomen, farmersandlow-income households

SBI Research analysis shows State Bank of Indias exponential growth in deposits, advances, profit, and global economic impact.

The Banks Trade Finance business will transition from paper-based to digital processes using AI/ML, blockchain, and document digitization is a testament to the commitment

The RBI has given Indias largest UCB in-principle approval to acquire NICB, whose networth has turned negative, under the RBIs voluntary amalgamation scheme for UCBs

Karur Vysya Bank and Kshema General Insurance partner to offer dual-benefit insurance product for Indias rural communities.

Loan disbursements rose 31% to 6,981 crore from 5,326 crore in Q1 FY25

Banks CEO and ED resignations spark concerns over growth trajectory; Target cut to 220 as Board-management conflict raise red flags

Access to the rural market has become viable with the Central Bank of India. For us, crop insurance will become bigger in the non-motor and non-health insurance space: Anup Rau

The fund raise comprises 750 crore through Embassy REIT Series XIV NCDs, priced at a coupon of 6.97%, and a 800-crore term loan from a bank that is priced at a floating interest rate of 7.40% over a 15-year tenor

New norms propose to halve IT capacity load due to underutilisation; bridge regulatory gap

The healthy balance sheets of corporates, banks and non-bank financial companies (NBFCs) augur well for the economy, said RBI Governor Sanjay Malhotra

The FSR underscored that credit growth has slowed, and credit impulse (the change in new credit issued as a percentage of GDP) has turned negative.

Non-home loans, which are mostly used for consumption purposes, formed 55% of total household debt as of March 2025

The current financialyear also began on a dull note as the growth in education loans remained zero in April this fiscal.

NBFCs lowered reliance on bank loans

The Board of Directors accepted the resignation of Managing Director and CEO, Srikrishnan Hari Hara Sarma and Executive Director, Sekhar Rao

Modi and his uncle Mehul Choksi are the prime accused in a $1.5 billion fraud case unearthed in 2018, with extradition proceedings underway.

Shares of IndusInd Bank were trading 0.6% higher on Monday and are down 10% so far in 2025

The report also highlighted that bank-group-wise data showed a key shift; the private banks saw a sharp slowdown, while public sector banks (PSBs) maintained relatively stable growth.

Karnataka Bank appoints Raghavendra Srinivas Bhat as Chief Operating Officer

After multiple delays, a unified contract note promises best-price execution and level playing field for NSE, BSE

Stablecoins offer a relatively stable entry and exit point in crypto markets for users

LenDenClub now has no plans to re-apply for a NBFC license as it focuses on core P2P business.

Standard Chartered Bank to be settlement bank for Foreign Currency Settlement System of CCIL IFSC in Gift City, Gujarat

Differences between Srikrishnan and the board on expenditure incurred beyond the powers of whole-time directors is said to be the reason behind his decision

While this growth is largely driven by structural factors such as improved access to credit and the rise of digital lending, the report pointed out that its pace of expansion tends to increase during periods of high liquidity surplus

The bank has acquired 24.91% equity stake in Future Generali India Insurance Company and 25.18% equity stake in Future Generali India Life Insurance Company Ltd

The central bank accepted the funds from banks at the cut-off rate of 5.49 per cent, with the weighted average rate working out to 5.45 per cent

Finance Minister Nirmala Sitharaman asks banks to go for more deposit mobilisation

Revenue during the 9MFY25 period stood at 1,208 crore a 23 per cent jump from 982 crore a year earlier.

The current account was in deficit of $11.3 billion (1.1% of GDP) in December quarter of 2024-25

Revised Rrates for Ssenior Ccitizens are 7.2 per cent for 12 months and 7.5 per cent for 24 & and 36 months

Opens new zonal headquarters in Delhi, set up with an investment of 65 crore

Kant was a key figure during India's G20 presidency, culminating in the historic New Delhi Leaders' Declaration

Union Minister Sarbananda Sonowal on Thursday launched the country's first non-banking financial company in the maritime sector - Sagarmala Finance Corporation Ltd (SMFCL).

Notice requires New India Assurance to show cause as to why the alleged GST demand of 2,298 crore for the period April 2018 to March 2023 should not be demanded from the insurer

Deposit growth decelerated from 10.6 per cent, as on March 21, 2025 to 10.1 per cent, as on May 30, 2025

Launched last year, ABCD apps target is to onboard 30 million new users over three years period

Despite concerns, clean Cibil record norm stays as one of the eligibility criteria

Sagarmala is in talks with banks, including Punjab National Bank and HDFC Bank, to help meet its lending goal for the current fiscal year, its MD Dilip Kumar Gupta said

Public sector banks increased their market share in online transactions from 18.84 per cent in March to 20.44 per cent in May, showing a small improvement in their presence in the e-commerce space

Sundaram Home Finance now operates five branches in Madhya Pradesh