The Hindu Businessline

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

Financial markets increased bets on a September rate hike after Warsh offered a clearer assessment of inflation and monetary policy priorities

The Latest Fixed Deposit Interest Rates: Aug 28, 2026

The Latest Home Loan Interest Rates: Aug 28, 2026

Poor recoveries may prompt tougher scrutiny of guarantor assets and repayment plans

Based on its assessment, including favourable orders received from the GST authorities on identical issue for FY19 and FY20, the bank believes that it has adequate grounds to contest the matter on merits

As per RBI guidelines for on tap licensing of SFBs in the private sector, existing Payments Banks which are controlled by residents and have completed five years of operations are eligible for conversion into SFBs

The PSU lender expects treasury income of Rs 1,000-1,500 crore this financial year after first-quarter earnings of Rs 500 crore beat its Rs 300 crore estimate.

The transactions were executed on Thursday at prices ranging from 168.02 to 168.19 apiece, according to data on the BSE.

The loan would contribute to SoftBanks recent debt financing related to its investment in OpenAI, including a potential $20 billion bond sale, amid rising credit risks in the AI sector

Rajans comments come as investors await Kevin Warshs Jackson Hole speech for clues on the Federal Reserves policy direction and rate outlook

Urges RBI to adopt targeted regulation instead of a blanket ban

However, reacting to dissenting creditors claims of 22,000 crore against him, Chandra on Thursday clarified that he has not borrowed any money from any lender.

The journey of PMJDY over the past 12 years has shown that financial inclusion can become a powerful instrument of economic transformation when policy, banking and technology move together.

Insurer says agentic AI push will be cross-subsidised and will not raise overall cost ratios