The Hindu Businessline

Mishra is at present working as Chief Economist with Axis Bank

The bank said SEBI issued the warning letter on June 1, 2026, which was received by the lender on June 2.

Fraser underscored the long-term potential and trend that India inexorably is on

The funding round was led by Sony Innovation Fund, with participation from existing investor 3one4 Capital.

These new branches will come up in tier-3 and -4 towns in Tamil Nadu, Karnataka, Andhra Pradesh and Telangana, the company said

The bank had made total recovery of 3,307 crore during financial year ended March 2026

One proposal suggests shifting Reliances cash from liquid mutual funds to short-dated money market instruments, sources say

Visa launched Visa.co.in, a platform offering curated lifestyle benefits and rewards for eligible cardholders

Value of trades in tri-party repurchase segment hit all-time high of 5.5 trillion rupees on May 13 and has stayed elevated since

The award was presented in the category Modern Technologies-led Innovation Data Insights & Analytics Platform at a ceremony organised by Infosys Finacle in Mumbai

The proposals come as policymakers seek to support the rupee amid foreign fund outflows, higher oil import costs and global economic uncertainty.

The partnership includes a GIFT City-based facility for dollar-denominated transactions and a partial guarantee mechanism for domestic rupee transactions

The initiative marks the first phase of collaboration between NPCI International Payments Limited and Acleda Bank Plc. and is aimed at promoting seamless, secure, real-time cross-border merchant payments while reducing reliance on cash and cards

Some concrete measures being discussed include having standard treatment protocols for common ailments to start with, which could help define pricing, says Dr S Prakash, Chief Executive Officer at General Insurance Council

This is the second time in less than three months that RBI has cancelled a treasury bill sale

Strong banks require capital and technology; they also require judgment, governance, accountability and institutions that learn.

Credit demand seems to be robust across sectors, he said

A pause will definitely help us stabilise in terms of ensuring that smooth growth rates are achieved, Setty said

These investments will be required across infrastructure, manufacturing, energy transition, urban development, MSMEs and innovation, Setty said at the Citi Investor Conference

Rising benchmark yields have lifted corporate borrowing costs, dampening companies appetite for debt sales, even as the RBI is widely expected to keep its policy rate unchanged on Frida

In December 2025, IOB received approval from the RBI to establish an International Financial Services Centre Banking Unit at GIFT City

Robust transmission of repo rate cuts to lending rates; household sector accounts for 58.6% of total bank credit

Total deposits increased by 12 per cent to 10.62 lakh crore, while total credit expanded by 13 per cent to 7.74 lakh crore

The insurance company, a joint venture between Generali of Italy and the Central Bank of India, ended 2025-26 with a first-year premium of 964 crore

The rupee has tumbled to record lows since the Iran war broke out at the end of February, as a resultant spike in crude prices delivered a severe blow to the country

LSEG benchmark yields on AAA-rated corporate bonds with two- to five-year maturities rose above 8% last week, the highest since early 2019

The Reserve Bank of India likely sold about $12 billion in gold reserves and bought $7.5 billion in foreign-currency assets over two weeks ending May 22, according to BEs senior economist Abhishek Gupta

The product has been designed to work within existing payment habits without requiring customers to adopt a separate payment ecosystem or behaviour

The court ruled that the competent authority acted within its powers in appointing LIC employees as enumerators and supervisors for census operations

The regulator also directed the firm to place the order before the Board of the Corporate Agent in the upcoming Board Meeting

The regulator has also proposed restricting minimum-KYC wallets to payments for goods and services, effectively barring their use for person-to-person transfers

The proportion of SCBs savings deposits declined from 34.6% in March 2022 to 28.7% in March 2026

The conference served as an important platform for discussions on best practices in internal control and governance

Average daily transaction volume stood at 748 million, while the average daily transaction value was 96,465 crore

The scheme, approved by the Union Cabinet on May 5, aimed at providing additional credit flow of 2.55 lakh crore, including 5,000 crore for airlines hit by the ongoing geopolitical crisis

Singh, who is serving as Executive Director of Indian Bank, will succeed K Satyanarayana Raju superannuated in December 2025

The order was passed on an application and suit filed by HDFC Asset Management Company Limited seeking an injunction against the hackers from using, publishing, distributing or disclosing to any person the stolen confidential data

The venture combines Mahindras strong presence in India with Manulifes global expertise to create a customer-focused, AI-driven digital life insurer

The UPI transaction in volume terms was 22.35 billion recorded in April,

The report also argued against a repo rate hike even as global uncertainties and elevated crude oil prices continue to create pressure on currencies and financial markets

Coinbase, which had discontinued its services in India in 2023, resumed crypto trading last year

Q4 Results Highlights Today Live Updates: Stay tuned to businessline for the latest live updates on Q4 earnings.

Risks to inflation and growth stem from spike in global fuel and commodity prices, supply chain disruptions, financial markets volatility, weather-related disruptions and a depreciating Rupee

Depreciation excessive and not aligned with Indias strong fundamentals, says report

Bank to target its own corporate customers who are availing these facilities from other banks.

As LIC navigates its digital transformation, CEO R Doraiswamy outlines plans to explore partnerships with fintech and insurtech firms while considering strategic investments to enhance innovation and improve returns for policyholders.

According to Sharma, AI can help businesses improve customer engagement, discover new ways of reaching consumers and enhance operational efficiency, making companies more scalable and competitive

The transaction, expected to be completed in the second quarter of FY27, follows the banks decision to conduct KMILs business activities directly within the bank from April 1, 2026