The Hindu Businessline

Warsh succeeds Jerome Powell and is expected to lead critical policy discussions as inflation remains above target and markets increasingly rule out near-term rate cuts

Lower claim ratio major driver for profit jump, says MD & CEO

Credit growth of all scheduled banks jumped by 2,95,164 crore during the period

Defence Secretary RK Singh is monitoring developments for implementation of Trade Receivables Discounting System (TReDS) to improve sluggish procurement payment cycles and address working capital access to the MSMEs

Raise Financial Services says it plans to invest $15 million in GreenLife

This sovereign-backed maritime insurance pool will safeguard Indian-flagged vessels, India-controlled ships and India-bound cargo navigating volatile maritime corridors

WazirX Futures will have a maker fee of 0.02% and a taker fee of 0.04%

RBI is likely to decide about the dividend quantum in its board meeting expected to be held this month

His remarks came after Prime Minister Narendra Modi urged voluntary austerity, including cutting down on petrol and diesel use and putting off gold purchases, to preserve foreign exchange reserves.

Mythos is viewed by cybersecurity experts as posing significant challenges to the banking industry and its legacy technology systems

Elara Capital report flags upside risks from oil prices and rupee depreciation, with potential hike only if inflation hits 6 per cent durably

For the full year FY26, net profit after tax stood at 913 crore, a growth of 19% from FY25

Eyes FY27 growth on merchant payments, AI

Bank sharpens its focus on low-cost liabilities and high-yield retail lending

Unified Bharat e-Charge, which businessline first reported on May 10 as a UPI for EV charging, will let EV users locate, book and pay across BPCL, Indian Oil, HPCL and private charging networks through a single interoperable platform

With 11% growth y-o-y, this marked the fourth consecutive year of aggregate profitability for PSBs

One Mobikwik had incurred a loss of 56 crore in the same period a year ago

The spread on the banks 10-year bond issued in January has narrowed to 70 bps from 86 bps over the past three months, MD Harsha Bangari said

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The standalone health insurance company believes the retail health insurance industry would grow at around 1617% CAGR over the next few years

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FPIs sold equities worth $844 million on Monday, triggering dollar demand for repatriation purposes

The bank will continue to look for funding beyond deposits as well in order to take care of liabilities

Under the proposal, regular AIF schemes would be allowed to launch within 10 working days of filing the PPM with SEBI through a merchant banker, unless the regulator raises objections.

The total commitment included $4.238 billion in sovereign lending and $1.06 billion for private sector operations

HSBC also lowered Indias FY27 GDP growth forecast to 6 per cent, warning that higher food prices, industrial cost pressures and climate-related disruptions could create a difficult policy environment for the RBI

Domestic deposits rose 7.95 per cent y-o-y to 14,36,905 crore as of March 2026, compared to 13,31,137 crore in the same period last year

The central bank should let the exchange rate weaken to send the correct price signals amid rising import costs and foreign fund outflows, Duvvuri Subbarao, governor of the RBI from 2008 to 2013, said

Rupees fall amid a renewed surge in oil prices has surfaced worries over the risks to Indias economic outlook

The updated MoU, which replaces an earlier agreement signed in 2015, provides a framework for regular exchange of information, policy dialogue and technical collaboration between the two institutions in areas of mutual interest in the field of central banking

Order valued at 400 crore

Citing data on the 11th anniversaries of the Jan Suraksha Schemes, Sitharaman said that over 27 crore, 58 crore and 9 crore enrolments have been done under PMJJBY, PMSBY and APY, respectively

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Says arrest is a matter for probing agencies;CBIpegs losses in 7 cases at 27,337cr

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The RBI has also prescribed a revised formula for determining eligible profit that can be included in CET1 capital

Lower provisions and steady loan growth support SBI earnings amid margin compression

Board recommends a final dividend of 8.50 per equity share for the FY26

The bank cautious on its guidance for NIM and return on assets due to uncertainties around interest rates, deposit costs and geopolitical risks

India has emerged as an increasingly important hub for facilitating cross-border capital flows, says Balasubramanian

The Latest Home Loan Interest Rates: May 01, 2026

The Latest Fixed Deposit Interest Rates: May 01, 2026

Setty also dismissed reports of a crisis in Point of Sale (POS) terminals linked to the ongoing West Asia crisis

The bank had posted a net profit of 83 crore in the year-ago period

The underwriting auction was conducted for the Government of India security with a notified amount of 34,000 crore, according to the RBI release issued on Friday

Total income came in at 1.4 lakh crore, a tad down from 1.44 lakh crore year ago

A drop in corporate debt yields, especially for shorter term funds, has prompted companies to go back to the market after a quiet April

The Japanese conglomerate is now seeking about $6 billion, down from the earlier $10 billion plan; Downsizing reflects hesitation among potential lenders over private AI valuations

Advanced AI models now reduce the time and cost required to identify and exploit weaknesses, increasing the probability of attackers targeting widely used systems simultaneously

Investments typically reserved for a funds troubled holdings now make up 4.7% of Goldman Sachs BDC Inc.s portfolio at cost, according to a filing on Thursday