The Hindu Businessline

The commission, comprising presiding member AVM J Rajendra and judicial member Anoop Kumar Mendiratta, was hearing an appeal filed by Procure Logistics Services Pvt Ltd against the Axis Bank

Prem Watsa-led Fairfax and Emirates NBD are reported to have put in bids for the strategic sale of IDBI Bank

The Latest Fixed Deposit Interest Rates: Mar 13, 2026

The Latest Home Loan Interest Rates: Mar 13, 2026

In the reporting fortnight, deposits and advances of all Scheduled Banks jumped by Rs 4,20,091 crore and Rs 3,24,432 crore, respectively

Since the Israel-US alliance war with Iran started two weeks ago, the rupee has weakened about 150 paise

The action was part of the raids conducted in Chandigarh, Punjab's Mohali, Haryana's Panchkula and Gurgaon and Karnataka capital Bengaluru in connection with the IDFC First Bank Scam

The collaboration represents one of the first partnerships between a sovereign large language model provider and a payment aggregator to power AI-driven agentic payments

The rupee was at 92.32 per dollar, down 0.1% on the day and within touching distance of its all-time low of 92.3575 hit in the previous session

Fexos platform converts unstructured, multi-modal data into structured decision-ready intelligence, enabling faster, auditable and cost-efficient decisioning at scale, company says

Bank of Baroda secures a $500 million loan from Asian investors, enhancing its international funding strategy and investor confidence.

Rupee weakened by intensifying West Asia war, crude oil price spike and foreign portfolio outflows

AI adoption is set to transform NBFC operations, improving credit underwriting, customer support, dispute resolution, and risk management, while helping identify potential prime borrowers

The platform allows businesses to deploy intelligent AI agents that manage payments, recover revenue, resolve disputes, and forecast cashflow in real time

Japan's biggest brokerage also expects the favourable market conditions that drove global equities to all-time highs will soon reassert themselves as geopolitical tensions ease and record oil prices retreat

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

FCNR, NRE incentives seen boosting dollar inflows amid rupee pressure

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

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

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

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

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

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

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

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

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

The Latest Fixed Deposit Interest Rates: Mar 06, 2026

The Latest Home Loan Interest Rates: Mar 06, 2026

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

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

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

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