The Hindu Businessline

Rushabh Gandhi says transition not difficult for the company but extension of transition period from two years to three years would make it easier

Shirish Chandra Murmu flags rising ticket sizes, over-indebtedness risks and calls for stronger credit assessment amid demands to ease income norms

The UFIOE requested the central bank to verify and disclose the source and structure of acquisition funds and all related-party arrangements

The bank has also launched its premium PNB Metal Credit Card Luxura, which has attracted 27,140 customers so far.

The largest digital asset sank 5.7% in the US on Saturday and dropped further in Asia on Sunday to as low as $62,022, down another 3.7% to its weakest since July 14

At present, the existing guarantee of 5 lakh becomes available only after a cooperative bank goes into liquidation, which does not provide depositors with adequate security

Working professionals and senior citizens account for the bulk of claims, while Delhi leads cities with the highest reported numbers.

Total income drops to 1,850.85 crore in Q2 FY27 from 2,260.52 crore in the year-ago period

CMS Info Systems Q2 FY27 revenue rises 7% to 650 crore

SVF II Meerkat (DE) LLC, an affiliate of SoftBank, offloaded 7.64 crore shares in Meesho, according to the block deal data on the National Stock Exchange (NSE)

The lenders latest move follows a contempt petition by bondholders seeking a concrete roadmap to restore the written-off bonds

Plans to expand luxury lifestyle brand by tapping its 1 lakh crore wealth management franchise and expanding into new cities

While the companys revenue from operations was up 25% to 538 crore (431 crore in Q2FY26), other income was down 30% yoy at 6 crore (9 crore)

The turnaround came despite a wider current account deficit, as strong capital inflows more than offset pressures from external borrowings

Rupee weakens against dollar amid higher crude oil prices

Total income increases 37% to 2,602 crore; Nido Home Finance sale contributes 386-crore post-tax gain

The appointment, which is at the extant remuneration, is subject to approval of the shareholders, the bank said in a regulatory filing

The approval comes more than two years after the RBI barred Paytm Payments Bank from accepting fresh deposits and wallet top-ups

Singh will take over the reins from Ketan Merchant who has been heading FPB as interim CEO since February 2026

Headline CPI rises to 6.1% y-o-y in October; RBI may consider another rate hike if inflation pressures persist despite expected normalisation

Amid increased scrutiny over rising medical inflation, Star Health CEO calls for greater regulatory oversight of the healthcare sector

The additional investment follows the banks board approval in September and the Reserve Bank of Indias permission received in October 2026

Public sector borrowers accounted for a sizeable share of overseas fundraising, while private companies also tapped foreign lenders for large sums

Bitcoin falls as much as 1.4% as other cryptocurrencies also weaken along with US stock futures

The proposed integration aims to leverage the lenders customer base to cross-sell financial products and compete with established banking groups.

Aditya Birla Capitals Gold Loan business reported an AUM of 200 crore as of September 30, 2026

The central bank is concerned about contagion effects if PE firm is under stress, sources say; smaller stakes of 15% or less will be encouraged.

Godrej Industries will retain about 80% ownership following the deal.

General customers, including NRO and NRE account holders, will earn 6.85% per annum on callable deposits and 6.90% on non-callable deposits

Three-year deal through TIML renames the station AU Bank Bandra Colony and carries the banks branding at key commuter touchpoints

The widely tracked 10-year benchmark G-Sec (6.94% GS 2036) is currently trading at 7.22% against the previous close of 7.21%

The revised directions prescribe transaction limits, customer verification and authentication requirements while mandating safeguards to monitor unusual fund transfers

Q2 Results Today, 11th November 2026 Highlights: businessline brings you the latest quarterly earnings, outlook and more.

Strong group insurance collections and higher premiums from major insurers lifted industry performance, despite a decline in the number of policies issued.

Kumar brings over 25 years of experience across financial services, business development, product strategy and distribution

Dhanlaxmi Banks centenary festivities begin November 14, spotlighting historic profits, business expansion, and fresh support for student education

Collaboration aims to integrate digital identity and KYC infrastructure into Indias credit lending ecosystem

The 444-day non-callable term deposit, available for deposits above 1 crore, will now earn 6.85% per annum, up 10 basis points from 6.75%

Aggarwal says, Health portfolio is the largest portfolio among the industry, and we are aiming that we will write around maybe 100 crore in individual policies over a period of two years.

With potential agricultural production losses estimated at 3.86 crore tonnes, SBIs Economic Research Department suggests that states approach banks for loan restructuring, with governments sharing part of the cost.

Public sector banks reported a 20% y-o-y rise in profit to 59,366 crore, marginally ahead of major private banks, which posted 19.8% growth to 53,629 crore.

Bank reaffirms universal bank transition plan in three years; loans grow 23.4% y-o-y to 9,755 crore as of September 2026 with strong capital ratios

Q2 Results Today, 11th November 2026 Live Updates: businessline brings you the latest quarterly earnings, outlook and more.

The move underscores Bajaj Finservs 51.3% stake in BFL and marks a strategic capital infusion and potential equity dilution as the warrants convert

Q2 Results Today, 10th November 2026 Highlights: businessline brings you the latest quarterly earnings, outlook and more.

Operating expense and taxoutgo dropped 23% yoy (to 27 crore) and 16% yoy (to 135 crore), respectively and provisions (Other Than Tax & Contingencies)rose 170% yoy to 27 crore

IIFL Finance said funds managed by Blackstone Private Equity, which is the worlds largest alternative asset manager,will invest 5,000 crores ($535 million) through a preferential allotment of compulsorily convertible preference shares (CCPS)

The digital payments platform also recorded 975.8 million transactions on the day before Diwali, with October seeing a monthly record

Bajaj Finance approves issuing 5.74 crore warrants to promoter Bajaj Finserv for 5,799 crore in New Delhi, convertible into shares

The brokerage expects bank credit growth to ease to 14-16 per cent by March 2027 and around 13 per cent by March 2028.