The Hindu Businessline

Subsidiary of CAMS to tap global markets with new KYC registration agency

Truhome Finance registered the second highest disbursement of 7,130 crore and 6,382 crore between FY25 and FY23

Veteran with Merrill Lynch and Julius Baer experience to drive product strategy and innovation

The Latest Fixed Deposit Interest Rates: Jun 26, 2026

The Latest Home Loan Interest Rates: Jun 26, 2026

Bank branches will observe a relatively light closure schedule in July, with the holiday calendar largely shaped by regional observances in northeastern and border states

The launch is also positioned as a potential catalyst for the India International Bullion Exchange

When compared to the preceding May, the CD issuances jumped 61.79%

The bank could raise at least $500 million in offshore bonds

The non-banking finance company will offer a yield of 7.75% to investors, slightly below the initial price guidance at about 7.85%, sources said

The Central Bank tells Par panel that virtual digital assets like cryptocurrency a threat to economy

State-run lenders PNB and Bank of India reported robust credit growth in the June quarter, while ESAF Small Finance Bank and Tamilnad Mercantile Bank also posted strong gains in advances and deposits.

No material change in RBIs NBFC norms; revised directions merely clarify public funds definition

This is to avoid prolonged litigation, uncertainty and associated costs

Domestic deposits up 14.74%, advances rise 16.14% with strong retail growth

Neelkanth Mishra sees services exports growing strongly despite AI shifts in industry structure

Over 900 million tokens in circulation as country enters new phase of trust and security in digital payments

The number of cities covered has grown to 703, up from 167 over the past five years

All claims, causes of action, etc. between them have been resolved without admission of liability or wrongdoing

Although still small by global standards, India's private credit market has significant headroom to grow, supported by expanding financing needs and the country's robust macroeconomic momentum

The ADB bank has approved a loan to establish 500 integrated public school clusters in Karnataka, providing education from pre-primary to secondary levels

LIC, Hindustan Zinc, and several state-controlled banks are among eight companies identified by officials for stake sales in the coming months

The Banks total business reached 3.04 trillion, growing over 20% year-on-year, supported by a 16% increase in deposits and a 25% rise in gross advances

To reassure lenders, the Japanese technology investor is guaranteeing loan repayment, allowing banks to seek recourse from SoftBank if the pledged OpenAI shares lose value

FSR highlighted that India remains exposed to cyber attack risks, with a relatively high volume of cyberattacks

Promoter entities have restructured their outstanding listed NCDs; Ind-Ra places the Banks debt instruments on Rating Watch with Negative Implications

India is home to HSBC's largest Global Service & Technology Centres, with more than 40,000 colleagues supporting the bank's global businesses, customers and operations

With this approval, the number of standalone health insurance companies in India has risen to eight

Eligible customers can also seamlessly convert their Savings Account into a Corporate Salary Account or upgrade an existing salary account online, eliminating the need to visit a branch

Secured loans to power NBFC-MFI growth as microfinance portfolio gradually recovers

51% acquisition by 2026, full ownership targeted by 2030 via structured share swap and cash deal.

Jana Holdings and Jana Capital may sell shares in Jana Small Finance Bank to redeem NCDs

If the RBIs projections are realised, it would highlight how the conflict in West Asia has emerged as a key risk for Indian lenders

Bitcoin dropped as much as 1.5% to $57,742 in Asia trading on Wednesday, its lowest level since September 17, 2024

Despite the increase in borrowings, the RBI sees an improvement in the quality of borrowers

K Ram Kumar

Consultation paper on wider distribution reforms expected before the end of July

Change in investment preferences towards higher-yielding equities and mutual funds

While rewards and cashback continue to attract users, companies are increasingly positioning them as tools to deepen engagement rather than standalone customer acquisition strategies

RBI data showed that India's external debt increased by $26.3 billion over its level at the end of March 2025

The company launched the product after research showed 48% of respondents preferred income payouts over lump sums, and 47% favored monthly income

An improvement in the countrys growth outlook is expected to stem the rupees depreciation though gains are expected to be limited by importer dollar demand and potential dollar buying by the RBI to rebuild FX reserves

The appointment confirms market speculation following Sharmas resignation from Axis Bank, announced on June 28, 2026

Public sector banks, small and mid-sized private banks and second-line NBFCs outperformed, while large private sector banks and NBFCs lagged due to concerns related to growth, margins and management issues

The stock remains below its 52-week high of 25.78, hit on June 18, while comfortably above its 52-week low of 17.20 from March 30

PNB MD & CEO Ashok Chandra presented a dividend cheque of 2,416 crore for FY 2025-26 to Finance Minister Nirmala Sitharaman

The enhanced risk cover announced on March 19 was part of the Resilience and Logistics Intervention for Export Facilitation (RELIEF) scheme under the Export Promotion Mission

The bank's previous target of devoting 35% of lending resources to climate-related projects also was dropped, but bank officials have said that demand for projects with climate co-benefits remains strong from client countries.

Singapore, Hong Kong, South Korea, China, Japan, India and Taiwan are attracting roughly half of firms' expansion interest

Sharma will join the lender as CFO-designate from September 1 after more than six years as CFO Axis Bank, from where he resigned on Sunday.