The Hindu Businessline

Further, MFIs have also requested the RBI to allow bio-metric enabled Aadhar card as a borrower authentication document

RBIs approval letter to CUB, as seen by businessline, mentions the remuneration to be a fixed pay of Rs 2.50 crore per annum including perquisites.

Banks may increase the limit for loans up to 25 lakh as per their internal policy

Financial Literacy Week 2026 will be observed between February 9 and 13, 2026, across the country.

The bank will not charge individual borrowers for prepayment/ part-payment on floating rate car loans

The funds maintain 70-100 per cent allocation to equities and equity-related instruments, with the remainder in cash and money market instruments

The new norms can improve the return on ayssets by almost 4 basis points (bps) for strong banks with a long operating history

The Bank recently received RBIs approval to establish a wholly owned subsidiary for undertaking SPD business by infusing capital of up to 2000 crores

The report noted that recent RBI policy signals show the Monetary Policy Committee is now prioritising growth support and financial stability over further rate cuts

The bank received a special dividend of 2,200 crore from its subsidiary SBI MF, and it intends to complete IPO process of the company before 2026 end, Chairman CS Setty said

Bitcoins price drop linked to thin liquidity and market volatility

The Karur-headquartered bank reported a total business of 2.11 lakh crore as on December 31, 2025

Gross advances grew 15% y-o-y to 46.83 lakh crore in Q3, while deposits rose 9% y-o-y to 57.01 lakh crore

On Friday, various media reports had said that the Centre has received financial bids to acquire IDBI Bank from Prem-Watsa-backed Fairfax, Emirates NBD and Kotak

The successful bidder would also be subject to the RBIs fit and proper assessment

Underlying inflation is low, even forecasts are much lower than the inflation target, says Sanjay Malhotra

DICGC said based on the risk assessment score obtained using its internal rating methodology, each bank will be categorised into four groups, namely A, B, C and D

Gold loan NBFCs with over 1,000 branches may no longer need prior RBI approval for opening new branch

Sundaram Home Finances Emerging Business branch network doubles to 100 in 12 months; expansion accelerates beyond Tamil Nadu

During the initial three-month period (JulySeptember, 2025), the Sabse Pehle Life Insurance campaign had reached approximately 31 crore people overall, including 17 crore through digital channels

To introduce guidelines on advertising financial products to curb mis-selling; harmonise recovery norms

RBI data shows the industry segment recorded 13.3% year-on-year growth as of December 31, 2025, with MSEs leading at 31%, followed by medium enterprises at 20.4% and large enterprises at 7.5%, highlighting the sectors growing contribution to Indias industrial landscape.

The Governor noted that the RBI has comprehensively reviewed the KCC scheme with a view to expand coverage, streamline operational aspects and address emerging requirements

The acquisition follows in-principle approval from the Cabinet Committee on Economic Affairs and aligns with the Union Budget 202627 plan to consolidate public sector non-banking financial companies

Tiered, simplified framework planned for unsecured loans, housing finance, and member lending limits. For securing the next phase of growth for UCBs, the RBI will soon be launching Mission SAKSHAM (Sahakari Bank Kshamta Nirman)- a sector-wide capacity-building and certification framework

Our Mumbai BureauCPI inflation estimate for Q1 and Q2FY27 was raised by 10 bps and 20 bps, respectively

Announcing the policy decision, the Governor said the MPC arrived at the decision after a detailed assessment of evolving macroeconomic conditions and the overall economic outlook

The worlds largest cryptocurrency was last up 1.64% at $64,153.24 in volatile trade, swinging between gains and losses after having hit a low of $60,008.52 earlier in the session

Corporation not in a hurry to foray into the health insurance segment; plans to optimise its real estate holding

They also want a portion of the cash reserve ratio to be recognised as high quality liquid assets for the computation of LCR

The fund house will take upto 5 lakh per day per person in each of the schemes -- PGIM India Global Equity Opportunities Fund of Fund, Emerging Markets Equity FoF, Global Select Real Estate Securities FoF

Losses for the year so far now approaching 20%

PhonePe has seen a healthy revenue growth led by an improving monetization illustrated by the rising Revenue/Total Payment Volume ratio

Heres everything you need to know about Fridays MPC announcements

Hardening bond yields, rupee volatility and weak policy transmission argue for a status quo

The Fed also released its 2026 stress scenarios, which include sharp job losses, market volatility, and falling asset prices.

Tonse has his tasks cut-out over the next three term

In the last one week, RBI injected 1,11,500 crore via 90-day VRR auction; 50,000 crore via OMO purchase of G-Sec, and about 90,000 crore via the dollar/rupee three-year buy-sell swap

The partnership aims to integrate life insurance and long-term income solutions into the investment journeys of Mirae Asset Sharekhans digitally active and investment-focused clients.

Net profit touched highest-ever quarterly figure in Q3 on robust MSME and gold loans growth

Lenders also requested the RBI consider an early rollout of revised liquidity rules that allow them to hold fewer government bonds, something that also frees up more cash for lending

Major announcements in Budget 2026, such as GST exemption on individual life and health insurance and the insurance amendment bill, underline the governments renewed push for the insurance sector.

Proposes average wage increase for workmen staff across different lengths of service at 20 per cent

The shakeup comes as Indias banking system expands at an unprecedented pace, straining supervisory tools designed for a simpler era

Bitcoin on Tuesday tumbled to its lowest level since US President Donald Trump won re-election in early November 2024 and ushered in a more crypto-friendly administration

On the inflation front, Consumer Price Index (CPI) for December 2025 stood at 1.33 per cent (provisional) compared to December 2024