The Hindu Businessline

The lending-rate increases took effect or will take effect from October 8, while some banks kept MCLR and Base Rate unchanged

Up to three winners will snag grants of up to $40,000 each, with applications due November 20, 2026 and results in February 2027

Malhotra says RBI will soon issue FAQs

Move enables seamless consent-based data sharing, faster credit assessment and consolidated financial views

According to NPCI, there is no impact on small-value UPI transactions up to 2,000

Banks should undertake proper due diligence and use FCNR(B) deposits prudently, says Governor Malhotra

Small EMI increases for individual buyers could become sizeable when financing support is extended across millions of vehicles

About-face: MPC changes stance from neutral to calibrated tightening; market expects another 50 bps hike in FY27

New regulations are aimed at simplification and promoting ease of doing business, sufficient time was given to the members of trade as the guidelines were published in January this year

The surplus systemic liquidity will not last for long, transmission in the deposit rates will also eventually happen: RBI Guv Malhotra

Under the initiative, customers will be able to access and share their financial information across different financial service providers through any NBFC-Account Aggregators (NBFC-AA)

The MPC decided to change the monetary policy stance from neutral to calibrated tightening

A businessline poll of bank economists points to a 25 basis point hike to 5.50 per cent on Wednesday the first increase since February 2023 as firmer inflation, costly crude and a weak rupee end the pause

The MPC's three-day meeting, being held from October 5 to 7, comes after it kept the repo rate unchanged at 5.25 per cent in August and retained a neutral stance

Credit to industry grew marginally, while credit to services decelerated during this period

At the VRRR auction conducted on Tuesday, the RBI received funds deployment offers aggregating to 1,92,357crore from the banking system, against the notified amount of 2.50 lakh crore

The bond market has pencilled in a 25 bps repo rate hike (from 5.25 per cent to 5.50 per cent)

Merchants onboarded cannot pass on MDR charges to customers while accepting payments through UPI. The framework ensures consumers pay only the posted price

The brokerage expects earnings growth across its banking coverage universe to accelerate to 14.9 per cent year-on-year in Q2 FY27

The regulator's proposed rules include linking commission levels to the complexity of products and effort required to sell

The stock opened at 422, touched a high of 434.40 and has seen traded volumes of 153.20 lakh shares worth 658.94 crore so far in the session

From mattress makers and filmmakers to jute exporters, Kotak Mahindra Bank is taking SME entrepreneurs to IIT campuses to learn how artificial intelligence could reshape their businesses

Union Bank expects the MPC to raise the repo rate by a quarter percentage point to 5.50% in the current review and shift towards a calibrated tightening stance

The last time RBI conducted a VRRR auction bigger than 2.50 lakh crore was 3 lakh crore on September 17th.

82.94 lakh warrants of the company will be allotted topromoter group entityNithyam Realty

As per regulations, while NBFCs, including GLCs, arerequired to maintaina regulatory minimum CRAR of 15per cent

Over the last two months, the central bank has undertaken multiple VRRR auctions to absorb excess surplus liquidity from the banking system and align the overnight money market rates to the repo rate

The private-sector bank sees a Rs 28 lakh crore untapped credit opportunity; combines funding, digital solutions and IIT-led AI training programmes to deepen entrepreneurs engagement

As at September-end 2026, the public sector banks global advances and total deposits stood at 3,81,035crore and 5,08,586crore, respectively

As per provisional business figures, Indias largest private sector bank reported a 18.8% year-on-year (yoy) growth in deposits and 16.3% yoy growth in gross advances in the reporting quarter

Shares traded flat at 723 on the NSE at 9.58 am after rising to 734.20 in early trade from 721.20 previous close

From pause to tightening: 7 in 10 bank economists expect a neutral policy stance

Former Country Head for East Asia will oversee the banks second-largest circle, with 1,573 branches across Karnataka

A broad CRR hike appears less preferred, given RBIs earlier exemption of eligible FCNR(B) deposits from reserve requirements, report read.

The investigation concerns LICs 2012 subscription to non-convertible debentures issued by Reliance Communications on the basis of alleged misrepresentations

Todays resilience may not necessarily imply tomorrows immunity, RBI Governor Sanjay Malhotra says as he flags increasing exogenous systemic risks

GIFT Citys offshore Family Investment Fund regime allows Indian family offices to access global markets, as outbound schemes raise about $1.1 billion

V D Satheesan delivers 18th K P Hormis Memorial Lecture hosted by Federal Bank

Similarly in the first year, active small-cap funds generated returns of 3.6 per cent, while passive funds failed to deliver any gains registered a decline of 0.2 per cent

This appointment follows the resignation of Anup Bagchi as MD & CEO of the insurer

Market participants believe Bagchi is likely to emphasise his trust in HDFC Banks existing leadership team and to take the franchise to even greater heights

Prior to this, Malliwas serving as Chief General Manager-in-Charge of the Department of Supervision

The Latest Fixed Deposit Interest Rates: Oct 02, 2026

The Latest Home Loan Interest Rates: Oct 02, 2026

The public sector bank (PSB) is the sponsor of the new Company, with a shareholdingof 80.10%

Retail veteran to lead the private bank from January 2027

The change comes just before the RBIs MPC meet, with analysts expecting a repo-rate rise that could influence funding strategies and deposit costs across the sector

Thousands of British homeowners face higher repayments as fixed-rate deals expire amid rising borrowing costs and renewed inflation pressures.

Rising energy costs, persistent inflation and stronger growth expectations are reshaping bond markets as investors reassess long-term borrowing costs globally

Higher yields are reshaping borrowing costs across major economies, affecting government finances, mortgages, loans, companies and financial markets