The Hindu Businessline News

A senior PSU banker said loan rates may rise by 5-10 bps upon full implementation of ECL norms for large banks and higher for smaller and mid-size peers

The Central bank said this is to allow more time for banks to streamline their operations. The Phase 2 of Continuous Clearing and Settlement on Realisation in CTS was to start on January 3, 2026.

RBI to conduct open market operation (OMO) purchase of G-Sec aggregating 2 lakh crore and a USD/INR three-year Buy/Sell Swap auction of $10 billion

Move will help in curbing opaque bids for resolution, say experts

The NCD issuance will be in two tranches, comprising three series

The measures follow a liquidity deficit of 54,852 crore as of December 22, driven by advance tax outflows.

The funds raised will be deployed to finance long-term infrastructure projects and affordable housing, in line with RBI guidelines.

Home loan interest rates have been reduced by 30 bps, and start at 7.15%, as against the earlier rate of 7.45% p.a.

Outsized moves in the forward market intensified over the last week as the dollar glut collided with regulatory and balance-sheet constraints, leading to a spike in premiums

MUFGs Yasushi Itagaki credits shared vision with Shriram Finance for Indias largest FDI in the BFSI sector

The project focuses on sustainable agriculture, crop diversification, and women-led livelihood enhancement

Non-bank funding to the commercial sector rises to 45%, highlighting strong growth in financial resources during FY2026.

The new directions aim to address customer grievances arising from inconsistent practices and restrictive clauses in loan agreements, particularly affecting MSEs

In conversation with Parag Sharma, MD and CEO, Shriram Finance, on the MUFG Bank deal,

Says decision on bank conversion rests with Shriram Finance board, not MUFG

The capital will enable Dugar Finance to enter new geographies, deepen distribution in underserved regional markets, and further strengthen its analytics-driven credit and risk capabilities

This new product is designed to democratize access to credit across Bharat, enabling both consumers and merchants to manage their financial needs with ease

New act amends three existing acts: Insurance Act, 1938, the Life Insurance Corporation Act, 1956 and the Insurance Regulatory and Development Authority Act, 1999

Experts say SFLs promoter group, comprising Shriram Capital, Shriram Value Services and Sanlam Life Insurance, among others, with support from strategic investor MUFG Bank may give bank license a shot in 3-4 years

The compact NFC sticker easily attaches to mobile phones, wallets, or cardholders, allowing quick tap-and-pay transactions at contactless POS terminals without a physical debit card

Further easing seen only if inflation undershoots projections consistently

SBIs home loan portfolio crossed 9 lakh crore mark last month, making it the biggest mortgage loan provider in the country

The three public sector banks had a three-way partnership in IIBMB, with BoB, IoB and UBoI holding 40%, 35% and 25% stake, respectively

The Monetary Policy Committee has also decided to continue with the neutral stance.

At present, the deposit insurance coverage is limited to 5 lakh per depositor of each insured bank. Deposit insurance cover increased from 1 lakh to 5 lakh with effect from February 4, 2020.

Shriram Life Insurance contributed 12.68 crore to Piramal Finances FY25 revenue, accounting for just 0.12% of total income.

Between January and September 2025, mergers and acquisitions worth $8 billion had concluded across the financial sector, a 127% increase over the same period last year

The partnership aims to enhance SFLs capital adequacy, strengthen its balance sheet, and align governance with global best practices

The deal comes close on the heels of Emirates NBD Banks $3 billion investment for a 60% stake in RBL Bank in November

The bank said these matters were reported to the SFIO on June 2, 2025, in compliance with RBIs July 2024 fraud risk management directions, which mandate reporting of suspected frauds above 1 crore

The RBI said the restrictions are aimed at protecting depositors interests following insufficient corrective action by the banks management.

Currently, 28 RRBs operate more than 22,000 branches across over 700 districts.