SENSEX
NIFTY
GOLD
USD/INR

Weather

image 33    C

Personal Finance / The Hindu Businessline

Mashreq becomes first UAE bank to receive nod for IBU in GIFT City

Mashreq in final stages of obtaining IFSCA license

2 Jul 2025 3:06 pm
Karnataka Bank expects RBI approval for interim MD appointment in a fortnight

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

2 Jul 2025 2:23 pm
2 Jul 2025 12:39 pm
CoinSwitch launches Web3 coins with access to over 1 lakh crypto tokens using rupee

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

2 Jul 2025 11:17 am
RBI panel likely to recommend govt retains 4% inflation target

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

2 Jul 2025 10:38 am
Reliance Communications says SBI to report its loan accounts as 'fraud'

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

2 Jul 2025 8:42 am
Sunil Kadam takes charge as new SEBI executive director

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

1 Jul 2025 10:01 pm
Only 1.71% of 2,000 banknotes remain in circulation

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

1 Jul 2025 9:52 pm
PNB removes penalty for not maintaining minimum balance

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

1 Jul 2025 9:33 pm
State Bank of India sees significant growth in 70 years, says analysis

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

1 Jul 2025 9:21 pm
SBI inaugurates specialised trade finance hubs at Kolkata and Hyderabad

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

1 Jul 2025 8:31 pm
Saraswat Co-op Bank to acquire fraud-hit New India Co-op Bank

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

1 Jul 2025 8:03 pm
Karur Vysya Bank and Kshema General Insurance announce bancassurance alliance

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

1 Jul 2025 4:47 pm
IREDA's loan sanctions rise 29% to 11,740 cr in Q1

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

1 Jul 2025 12:55 pm
Emkay Global downgrades Karnataka Bank share rating, slashes target price by 15%

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

1 Jul 2025 12:13 pm
Q&A with Future Generali India Insurance MD & CEO Anup Rau

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

1 Jul 2025 9:00 am
Embassy REIT secures 1,550 cr in debt funding, issues NCDs at 6.97%

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

1 Jul 2025 8:55 am
SEBI proposes IT load norms for commodity exchanges, CCs

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

30 Jun 2025 10:40 pm
Macro stress test results emphasise the resilience of banks to macroeconomic shocks: FSR

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

30 Jun 2025 9:07 pm
Banks could face some pressure on net interest margin and credit growth fronts in near term

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.

30 Jun 2025 8:46 pm
Home loan growth primarily driven by existing borrowers: Financial Stability Report

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

30 Jun 2025 7:59 pm
Concerns over study abroad drags growth in education loans

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

30 Jun 2025 7:55 pm
30 Jun 2025 7:17 pm
Karnataka Bank reassures stakeholders its commitment to transparency, ethical governance

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

30 Jun 2025 5:00 pm
Nirav Modis jewels, realty set for auction as liquidator targets 500 crore recovery

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

30 Jun 2025 4:42 pm
IndusInd Bank sends CEO shortlist to RBI for approval, sources say

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

30 Jun 2025 2:57 pm
Credit growth of SCBs plummets to 9.6%: SBI Report

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.

30 Jun 2025 12:43 pm
Karnataka Bank board accepts resignation of MD and ED, constitutes search committee for successors

Karnataka Bank appoints Raghavendra Srinivas Bhat as Chief Operating Officer

29 Jun 2025 10:49 pm
Common contract note finally goes live

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

29 Jun 2025 7:30 pm
Stablecoins gaining increasing currency among Indian investors

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

29 Jun 2025 7:12 pm
RBI returns NBFC application of P2P player LenDenClub amid industry woes

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

29 Jun 2025 6:40 pm
Standard Chartered Bank to act as settlement bank for CCIL subsidiary in GIFT City

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

28 Jun 2025 7:23 pm
Karnataka Bank MD resigns; no official word yet

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

28 Jun 2025 3:24 pm
Credit growth influenced by economic activity rather than surplus liquidity: Report

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

28 Jun 2025 11:23 am
Central Bank of India, Generali ink shareholding deal for insurance venture

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

27 Jun 2025 9:57 pm
Banks place surplus funds amounting to 84,975 cr at VRRR auction

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

27 Jun 2025 8:59 pm
PSBs net profit zoomed to 1.78 lakh cr, NPA declined to 0.52%

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

27 Jun 2025 8:57 pm
Pine Labs posts 26.1 crore in profit in 9MFY25

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

27 Jun 2025 7:53 pm
India records $13.5 bn current account surplus in Q4 FY25: RBI

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

27 Jun 2025 6:40 pm
Sundaram Finance revises deposit interest rates effective July 1

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

27 Jun 2025 4:27 pm
Chola MS General Insurance strengthens footprint in North India

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

27 Jun 2025 4:13 pm
Fairfax appoints NITI Aayog CEO Amitabh Kant as senior advisor

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

27 Jun 2025 10:58 am
Indias first maritime NBFC-Sagarmala Finance Corporation- sets sail

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

27 Jun 2025 10:36 am
New India Assurance gets GST demand notice of 2,298 crore

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

27 Jun 2025 10:00 am
Banks credit growth dropped below 10 per cent as on May 30, 2025

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

26 Jun 2025 7:38 pm
Aditya Birla Capital digital app hacked

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

26 Jun 2025 7:04 pm
SBI to hire 541 probationary officers

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

26 Jun 2025 5:49 pm
Sagarmala Finance seeks to raise $467 million

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

26 Jun 2025 4:29 pm
PSU banks continue to lead in ATM transactions, private banks dominate in digital space: Report

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

26 Jun 2025 3:52 pm
Sundaram Home Finance to disburse 300 cr in Madhya Pradesh, opens branches in Pithampur, Ratlam

Sundaram Home Finance now operates five branches in Madhya Pradesh

26 Jun 2025 3:05 pm