The Hindu Businessline

The benchmark had last crossed 7% per cent in May 2026, subsequently touching around 7.13% per cent

Report flags rising share of repeat customers as key risk for gold loan sector

Tatsuya Fujimoto brings extensive experience across Japan and overseas markets, including the US, Malaysia and India, to the insurance company

Stronger borrower selection, higher recoveries andstable non-microfinanceportfolios expected tosupport asset quality.

The fundraising strengthens the NBFCs access to international capital markets while diversifying its funding sources across domestic and global pools

During the session, it moderated between 700 and 705.65, compared with the previous close of 711.90.

CEO Sashidar Jagdishan resisted some of the changes proposed by the Chair Rajiv Kumar, say people familiar with the matter

The dollar inflow has pushed up the RBIs reserves to a record high of $729.3 billion

From creating new buyers to changing bond auctions, Washington has repeatedly adapted its financing tools when conventional funding methods faced pressure

The US bond market is facing mounting pressure as investors demand higher returns amid concerns over fiscal risks and inflation

The lenders overseas branches and subsidiaries have extended loans against the deposits, while guarantees have also been issued to other banks

The global economic outlook and Indias growth trajectory figure in talks between the two

The registry is proposed to address information and interoperability gaps by providing a consistent and authoritative view of insurance records, while allowing relevant information to remain with the respective source institutions

To absorb this surplus, the RBI on Tuesday conducted two Variable Rate Reverse Repo (VRRR) auctionsfor 6 lakh crore and 4 lakh crore

Ramamoorthy outlined how localised AI solutions could enhance operational efficiency and mitigate tech debt

The rupee is on a winning streak, locking in its third straight day of gains and outperforming its Asian peers, thanks to a stellar domestic growth numbers

Strong internal candidates are mostly going to be considered for these roles

Executive V-C Umesh Revankar expects gold loans, new vehicle financing to drive the NBFCs next growth phase

The September 11 strike will be followed by a three-day strike from September 28 to September 30. If the grievances are not addressed, the Unions stated that they would proceed on an indefinite strike from October 26

Together, the two platforms have already facilitated the issuance of over two crore insurance policies since inception as of March 31, 2026

The PIR is expected to reduce information gaps and foster greater competition, allowing insurers and other market participants to compete through innovative products, competitive pricing, better services and improved customer experience

Fibe plans to further integrate AI across customer engagement, risk assessment, credit decisioning, portfolio management and employee productivity

Bank branches will observe multiple closures in September, with the holiday schedule varying from state to state based on regional festivals and local observances

In his new role, Suman Ray will look after Department of Deposit Insurance & Credit Guarantee Corporation and Premises Department

While an internal candidate could ensure continuity, appointment of an external candidate would throw up cultural and integration challenges, an analyst said

Protocol may debut next week at Mumbais Global Fintech Fest, sources say

Festival activity and rising digital payment adoption supported transaction growth, with UPI volume increasing sharply from the previous month.

Brokerages retain bullish calls on the stock but say the next chief executive must provide a credible leadership reset and a clear path to revive growth and margins

After wealth management and AMC, Sanlam is in talks to invest in Way2Wealth Brokers to expand its broking footprint in India

The UAE, US, UK and Singapore account for nearly half of all non-resident holdings in Indian mutual fund

Credit growth was broad-based across sectors and borrower categories

The four-month programme seeks to bridge the digital skills gap and help economically disadvantaged youth achieve financial independence and dignity

The data also show that banks have begun to trim rates offered on fresh deposits

The bank has submitted the names of executive directors Anup Saha and Paritosh Kashyap to the Reserve Bank of India for approval

Banks received additional rupee liquidity from foreign currency inflows and government expenditure, while the RBI continued absorbing excess funds

UPI is currently accepted in 10 countries -- Singapore, the United Arab Emirates, France, Mauritius, Nepal, Bhutan, Qatar, Sri Lanka, Cambodia and Greece

Four state-run companies have raised 12,000 crore ($1.26 billion) through bonds maturing in 10 years or more over the past four days

The fundraising drew strong interest from domestic mutual funds and global institutions, including BlackRock, Goldman Sachs Asset Management and Eastspring Investments

PhonePe claims to have become the first major third-party application provider (TPAP) to extend UPI payment capabilities to an estimated more than 200 million feature phone users across the country

New CEO is likely to be tasked with shoring up investor confidence at HDFC Bank, whose shares have fallen 28% this year

Drawing a difference between borrowers and guarantors, Chandra said he has not borrowed any money himself.

The latest move marks a shift towards larger and longer-tenor operations as the RBI seeks to absorb liquidity generated by its measures to attract foreign inflows to shore up the rupee

Chandras statement came in response to social media posts over the weekend carrying hashtags such as #PaiseVapasKaro

Indian Bank had 6,003 domestic branches and three overseas ones - Singapore, Colombo and Jaffna - and an IFSC Banking Unit at Gandhinagar as of June 30, 2026

The new CEO will have to assure investors that the banks governance systems are robust, with the focus squarely on growing the business at a time when peers are eager to gain ground

The private lenders board decides to fast-track the process for selection and appointment of Mr. Jagdishans successor well within time

Chandra allowed to pay just 6.5 crore against admitted claims of 22,006.57 crore

The bank informed the exchanges of CEO Jagdishans decision

Canara Bank, which held a 1.60% voting share, said it had voted against the repayment plan and will file an appeal before the National Company Law Appellate Tribunal

Many properties may have been acquired decades ago at historical costs, while current commercial value in metropolitan and prime urban locations, could be substantially higher