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The Hindu Businessline

Personal Finance / The Hindu Businessline

Morgan Stanley curbs withdrawals as private credit redemptions rise

The move highlights challenges facing the roughly $2 trillion private credit market, as investors question borrower resilience amid higher interest rates and credit deterioration concerns

12 Mar 2026 5:23 am
HDFC ERGO Appoints Parthanil Ghosh as New MD, CEO

Ghosh joined the Company in 2016 following the merger with L&T General Insurance and has been serving as the Executive Director since May 1, 2025

11 Mar 2026 9:32 pm
SBI, MUFG sign agreement to facilitate cross-border capital flows

The pact aims at creating financing opportunities and supporting growth across India, Japan

11 Mar 2026 7:28 pm
RBI amends prudential norms on capital adequacy

The amendment, issued with immediate effect, provides regulatory clarity on what components can be counted toward Owned Fund

11 Mar 2026 7:25 pm
KKR India Asset Finance exits NBFI business; RBI cancels Certificate of Registration

KIAFPL was issued CoR by RBI on May 29, 2024 and the same was cancelled on February 23, 2026, according to a RBI statement

11 Mar 2026 4:25 pm
West Asia financial hubs at risk, Iran identifies new targets

The statement emphasizes that financial hubs, particularly Dubai in the UAE, along with Saudi Arabia and Bahrain, are at heightened risk

11 Mar 2026 3:11 pm
CBI arrests Darwin Labs co-founder in 20,000 crore Gain Bitcoin scam

The CBI investigation revealed that Darwin Labs designed and developed the digital infrastructure underpinning Gain Bitcoin, including the MCAP token, ERC-20 smart contracts, GBMiners.com mining platform, and the Coin Bank Bitcoin wallet

11 Mar 2026 1:49 pm
Shriram General Insurance launches new indemnity-based health insurance plan

Key upgrades in the plan include removal of room rent and ICU charge caps, allowing patients to choose hospital facilities based on medical necessity rather than financial constraints

11 Mar 2026 1:41 pm
Sreekanth PV appointed as group head of operations and customer experience at Manappuram Finance

Sreekanth brings over 22 years of experience in operations management, digital platforms, product innovation, and customer experience within the financial services sector

11 Mar 2026 11:50 am
Allianz Jio Reinsurance, Kiwi General Insurance get IRDAI approval

Approval to new companies shows evolution of Indian Insurance industry, says General Insurance Council

11 Mar 2026 11:32 am
Bain Capital nears final close of record $10.5 billion Asia fund, sources say

The firm has bagged $9 billion from fund investors, or the so-called limited partners, and plans to contribute $1.5 billion of its own capital, making the vehicle its largest Asia-focused fund to date, one of the people said

11 Mar 2026 9:09 am
Sustained engagement with global stakeholders essential for Indian insurance ecosystem: IRDAI Chairman Ajay Seth

IRDAI would maintain an open and constructive engagement with domestic and international stakeholders as it continues to promote a stable, transparent, and well-regulated insurance sector in India

11 Mar 2026 7:58 am
Government panel may review bank consolidation and foreign investor caps

Long-term, strategic equity investments from credible foreign players are generally positive for Indias banking system and unlikely to have adverse effects

11 Mar 2026 6:08 am
Bank of Baroda launches exclusive Sapphire savings account for women

Account holders will also receive a 50% first-year fee waiver in the form of reward points on the BOBCARD Tiara Credit Card, a premium, women-centric credit card

10 Mar 2026 8:31 pm
PSBs mopped up over 28,000 cr in 5 years through selling third party financial products

SBI was top earner followed by Punjab National Bank, Canara Bank, Bank of Baroda and Union Bank of India during last five years

10 Mar 2026 8:26 pm
RBI tightens counterparty credit risk rules for commercial banks

The most significant operational change is the revision of a table that specifies add-on factors for market-related off-balance sheet items

10 Mar 2026 8:17 pm
Progcap extends 10,000 crore credit to women entrepreneurs

The platform is also seeing strong engagement, with nearly 90% of women borrowers returning for repeat financing, signalling growing trust in formal credit channels

10 Mar 2026 8:04 pm
RBI revises dividend norms for commercial banks, links payouts to capital strength

RBI updates dividend rules for banks, linking payouts to capital strength and adjusted profit after tax ratios.

10 Mar 2026 7:59 pm
10 Mar 2026 7:57 pm
IDFC First Bank pays additional 55 crore in Chandigarh fraud case

The bank vows to pursue actions against the perpetrators to recover our dues

10 Mar 2026 4:30 pm
State Bank of India shuns Russian crude oil payments despite US reprieve

The state-owned bank believes that engaging in such business could expose it to risks as it has a sizable loan portfolio in global markets, and also hurt its reputation, sources said

10 Mar 2026 3:08 pm
AIBOA urges Telangana to hold on to IDBI Bank property in Rangareddy district

Government of undivided Andhra Pradesh had allotted 50 acres of land bearing Survey No 91 in Gachibowli village, Serilingampally Mandal, Rangareddy district

10 Mar 2026 12:13 pm
Kotak Mahindra Bank eyes M&A to deploy excess capital

CEO Ashok Vaswani says lender has capacity for deals exceeding $1 billion

10 Mar 2026 12:06 pm
Goldman pitches hedge funds on strategies to bet against corporate loans, FT reports

The Wall Street bank has offered clients complex trades that would allow them to profit from further falls in loans made to software companies that have come under pressure in recent months

10 Mar 2026 11:21 am
IDFC First Bank pays 645 crore to settle claims tied to suspected fraud

The mid sized lender said it has paid 55 crore more than its initial estimate of 590 crore

10 Mar 2026 10:31 am
Rupee closes at record low, G-Sec yields rise

The Indian currency ended the day at an all-time low of 92.33 per US dollar, down 59 paise against previous close of 91.74

9 Mar 2026 8:55 pm
Private sector banks collected over 11,000 cr in 3 yrs for not maintaining minimum balance in accounts

HDFC Bank emerged as the top earner with over 3,800 crore in 3 years, followed by Axis Bank and ICICI Bank with over 2,700 crore and 1,200 crore respectively

9 Mar 2026 8:38 pm
Federal Bank strengthen focus on wealth management business

The Bank and Equirus will continue to collaborate to fulfill the investment needs of UHNI category customers by offering select products and services from the Equirus wealth management suite

9 Mar 2026 5:57 pm
The Latest Fixed Deposit Interest Rates: Mar 06, 2026

The Latest Fixed Deposit Interest Rates: Mar 06, 2026

9 Mar 2026 5:21 pm
The Latest Home Loan Interest Rates: Mar 06, 2026

The Latest Home Loan Interest Rates: Mar 06, 2026

9 Mar 2026 5:15 pm
360 ONE Asset closes fifth private credit fund at 3,500 crore

Following the latest close, 360 ONE Asset's private credit business now manages about 15,200 crore ($1.7 billion) in credit assets

9 Mar 2026 3:12 pm
Swiggy, HDFC Bank launch two new co-branded credit cards with up to 48,000 annual savings

The cards are being rolled out in phases and can be applied for through the Swiggy app or HDFC Banks digital channels

9 Mar 2026 12:58 pm
Phanindranath Kakarla takes charge of Arcil as CEO & MD

Kakarla joined Arcil on April 2, 2025, as President under a Board-approved succession plan in order to overlap with Mohapatras tenure for a sufficient period for continuous and smooth transition

9 Mar 2026 12:22 pm
RBI likely sells dollars to avert rupee slide to record low, traders say

The RBI stepped in before the local spot market opened, helping the rupee rebound slightly from around 92.30 to 92.20 in the interbank order matching system

9 Mar 2026 9:18 am
Upper-layer NBFCs seek risk-weight rejig amid heightened regulatory scrutiny

NBFCs seeking rejig in risk-weights, especially on retail loans, which form around 90 per cent of industry AUM

8 Mar 2026 8:35 pm
J&K Bank partners with NBFCs to expand home and gold loan lending

The bank signed co-lending agreements with Home First Finance Company India Limited for home loans and IIFL Finance for gold loans

8 Mar 2026 10:11 am
RBI relaxes NOFHC requirement for promoters of AU Small Finance Bank

So in case the bank or its promoter/ promoter group wants to get into any other business like mutual fund or insurance post becoming a universal bank then they will need to form NOFHC

7 Mar 2026 7:01 pm
Federal Bank says arrangement with Equirus Capital for wealth management will be restructured

The Bank and Equirus will continue to collaborate to fulfil the investment needs of UHNI category customers by offering select products and services from the Equirus wealth management suite

7 Mar 2026 6:36 pm
SBI launches exclusive $500 million loan facility for women empowerment

The syndicated transaction, first of its kind by SBI, is aimed at supporting gender equality and inclusive economic growth, and is expected to be the largest gender-themed loan globally, bank says

7 Mar 2026 2:12 pm
Karnataka Bank shareholders approve one directors reappointment, reject another

The special resolution seeking the reappointment of Balakrishna Alse S received support from 3,735 members who cast 11,606,1053 votes in favor

7 Mar 2026 1:50 pm
Indian women ride the crypto wave to build portfolio

Homemakers emerge as the second-largest investor group, among women, investing in cryptocurrency with millennial and mid-career women leading the trend

6 Mar 2026 9:21 pm
6 Mar 2026 8:54 pm
Insurers shift to Ind AS to hail global compatibility, boost investor confidence

IRDAI has proposed implementing new accounting standards from April 1, 2026

6 Mar 2026 7:17 pm
IT Dept expands reporting framework by including crypto, CBDC

Move aims to ensure that cross-border tax transparency keeps pace with the rapidly evolving digital financial landscape

6 Mar 2026 6:26 pm
Aye Finance posts 87% jump in Q3 profit, AUM crosses 6,300 crore

Loan disbursements rise 35% year-on-year to 1,310 crore during the quarter

6 Mar 2026 6:14 pm
Share of credit card outstanding balance in total retail loans declines 60 bps y-o-y to 4.4%

Credit card spending rose by 8.1% year-on-year (y-o-y) in January 2026, to 2.05 lakh crore, driven by sustained e-commerce spending

6 Mar 2026 4:50 pm
Divyangjan staff association airs fears over service continuity, protection in IDBI Bank

Any perceived dilution of protection during privatisation could create insecurity across the banking sector for thousands of employees with disabilities

6 Mar 2026 2:10 pm