Nehal Modi, 46, the younger brother of fugitive diamantaire Nirav Modi, is accused of laundering funds and aiding in the 13,000 crore Punjab National Bank scam one of Indias largest banking frauds

NBD has approved more than 100 projects and it has approved more than $35 billion in financing across member countries, including key Indian initiatives, like the metro rail, renewable energy and water management

The central bank absorbed liquidity amounting to 1,00,010 crore at the VRRR auction at a weighted average rate of 5.44 per cent

Slower growth on account of lower micro loan disbursal; strategic move to prevent margins

As on June 20, 2025, the average SB rate of banks has declined to 2.50/2.75 per cent

The move aims to better reflect actual market conditions, reduce risks for ULIPs, and boost corporate bond market participation.

The underwriting auction will be conducted through multiple price-based method; PDs may submit their bids for ACU auction electronically through Core Banking Solution (E-Kuber) System

This latest rate cut follows an earlier reduction by the public sector bank in its home loan interest rates from 8.00% to 7.50% last month

The RBI cut its policy rate by a steeper-than-expected 50 basis points last month, shifted its policy stance to 'neutral', and stopped liquidity infusions.

Funds raised by fintechs fell from last years $936 million to $889 million in the first half of 2025

Deposits, as of the end of the June quarter, rose 1.8 per cent to 2,764,000 crore

As ADBs first partnership with the GCF in India, the IGFF will catalyse the uptake of emerging clean technologies and strengthen the ability of the nations financial institutions to scale up climate action

That the banking system is awash with liquidity is underscored by the fact that the surplus at the last count was at about 3.75 lakh crore as on June 2, 2025.

The new IL&FS Board has till date discharged total debt of 45,000 crore, while maintaining the overall debt resolution target at 61,000 crore

The FIR accuses Jagdishan of accepting a 2.05 crore bribe to aid the Chetan Mehta Group in influencing the Trusts governance

A major draw for global investors like Cerberus has been Indian companies balance sheets, as the average the loan-to-value ratio among Indian private credit borrowers, measuring the size of a financing against its collateral, is about 40%

Lenders also cannot levy pre-payment charges when it is at their instance

Real-time or near-real-time credit reporting will improve underwriting precision, enable timely reflection of borrower actions like loan closures or repayments and deliver a superior consumer experience, Rao said

The Deputy Governor underscored that one of the main challenges in the provision of credit facility, especially among underprivileged populations, is the absence of credit history.

It is aimed at increasing the penetration levels by focussing on three segments protection, annuity, and child savings plans

The initiative aims to promote financial inclusion and make banking more accessible, especially for students, senior citizens, small business owners, and rural customers.

Typically, the regulator takes three-six months to assess the candidature for CEO position at large banks.

According to Dr Ajai Chowdhry, HCL co-founder and Chairman of the NQM Governing Board, Indias current banking cyber defences could be compromised by powerful quantum systems as early as 2028.

HDB made its stock market debut today with shares listing at 835, marking a 13% premium over its issue price of 740

These closures, under the Negotiable Instruments Act, apply to both scheduled and non-scheduled banks and vary regionally.

Mashreq in final stages of obtaining IFSCA license

Karnataka Bank to have somebody in place before last working day of current MD Srikrishnan Hari Hara Sarma on July 15

This launch comes as 34% of CoinSwitchs active traders engage with new tokens in the past six months

The panel will likely recommend the RBI ask the government to keep the target at 4 per cent, with a tolerance band of 2-6 per cent, sources said

SBI to also report name of Reliance Communications' former director Anil Dhirajlal Ambani to RBI

Kadam has been associated with SEBI since 1996 and has handled several assignments, including roles in corporation finance, market regulation, surveillance, and investigations

The total value of 2,000 banknotes in circulation was 3.56 lakh crore on May 19, 2023. It has now declined to 6,099 crore at the close of business on June 30, 2025

Thiscustomer-first initiative, effective fromJuly 1, 2025, is particularly aimed at supporting priority segments, such aswomen, farmersandlow-income households

SBI Research analysis shows State Bank of Indias exponential growth in deposits, advances, profit, and global economic impact.

The Banks Trade Finance business will transition from paper-based to digital processes using AI/ML, blockchain, and document digitization is a testament to the commitment

The RBI has given Indias largest UCB in-principle approval to acquire NICB, whose networth has turned negative, under the RBIs voluntary amalgamation scheme for UCBs

Karur Vysya Bank and Kshema General Insurance partner to offer dual-benefit insurance product for Indias rural communities.

Loan disbursements rose 31% to 6,981 crore from 5,326 crore in Q1 FY25

Banks CEO and ED resignations spark concerns over growth trajectory; Target cut to 220 as Board-management conflict raise red flags

Access to the rural market has become viable with the Central Bank of India. For us, crop insurance will become bigger in the non-motor and non-health insurance space: Anup Rau

The fund raise comprises 750 crore through Embassy REIT Series XIV NCDs, priced at a coupon of 6.97%, and a 800-crore term loan from a bank that is priced at a floating interest rate of 7.40% over a 15-year tenor

New norms propose to halve IT capacity load due to underutilisation; bridge regulatory gap

The healthy balance sheets of corporates, banks and non-bank financial companies (NBFCs) augur well for the economy, said RBI Governor Sanjay Malhotra

The FSR underscored that credit growth has slowed, and credit impulse (the change in new credit issued as a percentage of GDP) has turned negative.

Non-home loans, which are mostly used for consumption purposes, formed 55% of total household debt as of March 2025

The current financialyear also began on a dull note as the growth in education loans remained zero in April this fiscal.

NBFCs lowered reliance on bank loans

The Board of Directors accepted the resignation of Managing Director and CEO, Srikrishnan Hari Hara Sarma and Executive Director, Sekhar Rao

Modi and his uncle Mehul Choksi are the prime accused in a $1.5 billion fraud case unearthed in 2018, with extradition proceedings underway.

Shares of IndusInd Bank were trading 0.6% higher on Monday and are down 10% so far in 2025