Hotels with room tariff of less than 7,500 will also not get ITC

Last month, FSIB said it interfaced with 80 candidates from various nationalised banks during July 19 August 04, 2025 for the positions of Executive Directors EDs in Nationalised Banks

He will lead Marketing, Communications and Customer Experiences across the Groups flagship entities, including Pantomath Capital Advisors, The Wealth Company and Asit C Mehta Investment Intermediates

The new proposal will allow pension fund houses to create their own bespoke products catering to a wider range of investor preferences and risk appetite

The detailed guidelines mandate stricter compliance, merchant vetting, and cybersecurity measures for non-bank PAs

This is owing to government and regulatory support and a pick-up in consumption, says Crisil Ratings

Corporate bond, credit risk and banking & PSU debt mutual fund schemes saw aggregate outflows of 1,870 crore in August, an abrupt reversal after net inflows of 23,700 crore in the first four months of this fiscal that started in April

Exporters have been holding back dollar sales, while importers are ramping up hedging in response to US tariffs risks, contributing to rupee weakness, bankers said

The fundraise, under the $2 billion Global Medium-Term Note (GMTN) Programme, has been priced at 6.375 per cent with a door-to-door tenor of 4.5 years and a weighted average life of 4 years

The need to overcome revenue shortfall due to GST rate cuts and at the same time avoiding additional borrowing via Government Securities (G-Secs) could prompt continuing status quo on small savings rates

Two-day conclave in Gurugram brought together policymakers, regulators, industry leaders to shape the future of Indian banking.

The RBIs rate-setting monetary policy committee has cut the policy repo rate by a cumulative 100 basis points since February 2025 to support growth amid softer retail inflation

The net CD issuance plunged 84% to 13,000 crore in the June quarter against 85,299 crore logged in the March quarter

To reach the top 20, officials and industry leaders agreed that PSBs will need to expand their scale, strengthen governance structures, adopt digital banking and artificial intelligence and build a stronger global footprint

AHPI threatens to withdraw Stars cashless services from September 22nd; Star Health denies cashless insurance suspension with partners

The government, though the Department of Investment & Public Asset Management, kick-started strategic disinvestment in IDBI Bank in October 2022

Ranjan, currently Deputy Managing Director, would replace Managing Director Vinay M Tonse, who would complete his term on November 30, 2025

The industry lobby has also sought a collateral-free credit guarantee scheme, like the one offered to small businesses during the COVID-19 crisis, where the government guarantees a portion of a loan, giving banks comfort to keep lending to these businesses

The loan would be one of renewable energy sectors largest refinancing deals this year

Foreign banks exposure rises 16 per cent

This digital infrastructure for end-to-end automation of credit delivery is being developed as part of strategic repositioning of these niche banks

Under its Claim for Sure initiative, which guarantees settlement of eligible claims within one day of receiving all documents, the company processed claims of 75 crore during Q1 FY26

The move will help analysts, researches

After consultations with lenders, the RBI is expected to update its Fair Practices Code within months, introducing guidelines on phone-locking mechanisms

If bonds yields continue to harden, corporates will have to come back to the banking system: MD Amara

Zee terms the application malicious, fraudulent and meritless and an abuse of the process of law

The full and final resolution was recorded by the Bombay High Court through Consent Terms.

With over 20 years of global experience in distressed debt management, collections, and recovery, Maheshwari has worked across India, the US, UK, Europe, and Asia-Pacific

Last month, the RBI also granted approval for the deal, clarifying that SMBC would not be categorised as a promoter of Yes Bank. SBI, which currently holds 24 per cent in the bank, will see its stake cut to a little over 10 per cent after the transaction

Global acceptance of cryptocurrencies has improved since US President Donald Trump took office and prices of bitcoin, the world's largest crypto-asset by market capitalisation, have hit record highs

ICRA estimates incremental credit flow of banks to rise to 19.0-20.5 lakh crore in FY26 from 18.0 lakh crore in FY25

To support exporters, ECGC it has enhanced cover of 90% for banks for their export credit loans to the small exporters in a cost-effective manner, and digitalization of all its processes through the revamped ERP & client portal systems