SENSEX
NIFTY
GOLD
USD/INR

Weather

image 25    C

The Hindu Businessline

Personal Finance / The Hindu Businessline

Bank of India classifies Kishore Biyani-promoted Future Enterprises account as fraud

The public sector lender disclosed the classification in a regulatory filing, citing its policy on determining and disclosing material events and information

12 Oct 2026 9:38 pm
OnMeta, QazPost tie-up for digital payments infra in Kazakhstan

The partnership brings together QazPosts nationwide distribution network and OnMetas rapidly growing digital payments infrastructure at significant scale

12 Oct 2026 9:27 pm
Banks seek operational guidelines on maintaining Foreign Exchange Risk Reserve with RBI

The FERR has been introduced as part of RBIs measures to curb speculation and contain volatility in the forex market

12 Oct 2026 9:08 pm
Rupee perks up 96 paise on RBIs weekend measures

The last time the INR had a better opening than todays was on February 3, 2026, when it opened 111 paise stronger at 90.40 per USD against previous close of 91.51

12 Oct 2026 8:55 pm
IRDAI may extend consultation, implementation timelines for distribution reforms

With the Oct 25 feedback deadline likely to stretch, regulators may widen chats and roll out changes in steps after the next financial year

12 Oct 2026 8:54 pm
RBL Bank PAT doubles to 481.7 crore on FCNR(B) boost in Q2FY27

Net interest income increased 37.4 per cent to 2131 crore

12 Oct 2026 8:28 pm
CBI court orders proclamation against Jatin Mehta in 146.35 crore Canara Bank fraud case

The court said the accused remained untraceable despite earlier warrants, while allowing the agency to pursue proclamation proceedings to secure their presence

12 Oct 2026 7:54 pm
Karnataka Bank launches digital platform for forex services

The platform is designed to support the evolving requirements of businesses engaged in international trade and individuals undertaking foreign remittances by providing a seamless, secure and efficient digital channel

12 Oct 2026 6:39 pm
Viyona Fintech expands opeartions to Zimbabwe

The move aligns with the upcoming rollout ofViyona Tap & Pay, an NFC-based SoftPOS solution designed to turn commercial Android smartphones into contactless payment terminals

12 Oct 2026 3:28 pm
Ashok Leyland partners with Tamilnad Mercantile Bank for providing vehicle finance facilities

Under this partnership, TMB will be able to provide end-to-end financial solutions to the customers of Ashok Leyland

12 Oct 2026 1:15 pm
Upping of daily CRR maintenance requirement could lead to small dilution in banks interest margins: Jefferies

In line with the change in MPC stance to calibrated tightening, RBI raised daily CRR from 90% to 99%

12 Oct 2026 10:27 am
Banks set for mixed Q2 show as NIMs weaken despite profit growth

PAT growth for the top five lenders is estimated at 7-17 per cent year-on-year, while NIMs are expected to contract across most banks

11 Oct 2026 9:00 pm
What happens when merchants pass on UPI MDR costs to customers?

An IIT Bombay study mentions two aftereffects: First, consumers who purchase goods/services for more than 2,000 pay a higher price; second, the higher selling prices percolate even to those making purchases of less than 2,000

11 Oct 2026 7:01 pm
Focus on actual payouts, not just claim settlement ratios: IRDAI Chairman

The Insurance Regulatory and Development Authority of India (IRDAI) is confident of curbing misseling with the help of proposed reforms

11 Oct 2026 3:15 pm
RBI tightens forex derivatives framework to ensure orderly functioning of market

Banks required to maintain a Foreign Exchange Risk Reserve in cash with RBI; Central Bank to open a special window to meet the entire daily dollar needs of three public sector oil marketing companies

10 Oct 2026 11:47 am
Juspay FY26 revenue rises 30% to 664 crore; reports 90 crore net loss

The Bengaluru-based companys revenue has more than tripled from 213 crore in FY23, translating into a compound annual growth rate of around 46% per cent

9 Oct 2026 9:10 pm
RBI OMO sale fears spur bond sell-off; 10-year G-Sec hits three year high

Yield rises to 7.31 per cent as traders brace for more RBI liquidity absorption, sticky inflation and a higher rate trajectory

9 Oct 2026 8:50 pm
Life insurers first-year premium up 20.6% at 2.46 lakh cr in H1 FY26: IRDAI

The LIC continued to dominate the market, with its first-year premium increasing 19.3 per cent to 1.44 lakh crore during the six-month period

9 Oct 2026 7:36 pm
Liquidity surplus: RBI increases minimum daily maintenance of CRR

The banking system liquidity is reeling under liquidity surplus emanating from banks mobilising FCNR(B) deposits aggregating $133 billion between June 8 and August 31

9 Oct 2026 7:17 pm
The Latest Fixed Deposit Interest Rates: Oct 09, 2026

The Latest Fixed Deposit Interest Rates: Oct 09, 2026

9 Oct 2026 7:00 pm
The Latest Home Loan Interest Rates: Oct 09, 2026

The Latest Home Loan Interest Rates: Oct 09, 2026

9 Oct 2026 7:00 pm
Poonawalla Fincorps net profit soars five times to 375 cr in Q2FY27

Robust growth in net interest income and loans portfolio boost profit numbers

9 Oct 2026 6:56 pm
Rupee may face headwindsfroma robust US dollar, elevated import cost: RBIs MPR

Any escalation in geopolitical tensions likely to put pressure on the rupee, says report

9 Oct 2026 6:29 pm
ShriramFinance ups FD rates by up to 40 basis points

On October 7th, when RBIs rate setting panel raised the repo rate, Bajaj Finance increased interest rates on its FDs by 15 to 40 bps across all tenures with immediate effect

9 Oct 2026 6:06 pm
RBI's longer-tenure VRRR auctions receive tepid response as banks prefer shorter maturities

RBI received bids worth 18,170 crore against the notified amount of 1.50 lakh crore in its 10-day VRRR auction on Friday

9 Oct 2026 4:17 pm
Aditya Birla Renewables seeks $1.5 bn in rupee loans to buy Shell arm Solenergi, bankers say

The renewable-energy arm of Aditya Birla Group agreed in July to acquire Solenergi Power, a Shell Plc unit that includes the Sprng Energy group companies, for $1.8 billion

9 Oct 2026 11:47 am
Krasha Financial Services to launch litigation finance platform

The litigation finance business will operate separately from Krashas digital neo-financing platform, which focuses on asset-backed structured finance transactions

9 Oct 2026 11:26 am
Airtel Money to debut after Londons biggest IPO in five years

Majority owner Airtel Africa Plc and Mastercard Inc. may sell an additional 27 million shares through an overallotment option after the stock debuts in London under the ticker symbol AMC

9 Oct 2026 11:03 am
WazirX futures trading volume surges 236% in Q3 as exchange expands AI tools

Trading volume at its September peak was about 345% above early-July levels, while the number of daily futures traders was approximately 279% higher toward the end of the quarter

9 Oct 2026 10:19 am
Punjab National Bank eyes debut dollar bond issue, bankers say

Punjab National Bank aims to raise at least $500 million through a 5-year bond issue

9 Oct 2026 9:26 am
IRDAI may roll out insurance commission caps as early as January

The proposed overhaul follows rising distribution expenses and comes as the regulator seeks to improve insurance affordability and expand coverage.

9 Oct 2026 8:25 am
Anup Bagchi set to earn 43 crore in first year as HDFC Bank CEO

Exchange filings detail the fixed pay, performance-linked compensation, stock options and benefits awaiting the incoming head of Indias largest private sector lender

9 Oct 2026 6:57 am
UPI MDR decision likely today; industry expects deferral to January 2027

The panel comprises the Indian Banks Association (IBA), the Payments Council of India (PCI), and representatives of banks, payment service providers (PSPs) and various associations

8 Oct 2026 9:30 pm
Debt mutual fund turn volatile on RBI repo rate hike

The bond market factoring in nearly 100 basis points of repo rate hikes, including 25 bps delivered

8 Oct 2026 8:28 pm
Rate hike unlikely to derail affordable housing demand, says PNB Housing Finance chief

Higher borrowing costs may have limited impact on low-ticket home loans; festive season and government support expected to sustain demand

8 Oct 2026 8:21 pm
Depositors unlikely to see immediate benefit from rate hike: CS Setty

If credit growth continues at this pace, banks will eventually have to consider increasing deposit rates, says SBI Chairman

8 Oct 2026 7:38 pm
Care Health Insurance logs 44 per cent rise in premium income

Cares overall market share increased by 81 basis points to 3.45 per cent

8 Oct 2026 5:50 pm
UCO Bank hikes repo-linked, T-bill linked lending rates

The bank raised its repo-linked lending rate for the UCO Float variant by 25 basis points to 8.30% from 8.05%, mirroring the RBI's move

8 Oct 2026 5:50 pm
Govt should withdraw proposed UPI charges: GTRI

GTRI urges review of costs and audits of UPIs finances, warning merchant fees could inflate prices, curb demand, and tilt competition toward card networks

8 Oct 2026 5:34 pm
Two yrs on in GIFT City, CareEdge Global to expand ratings coverage to 100 countries

The expansion would broaden CareEdge Ratings international arm, which began its global sovereign ratings in October 2024, covering 39 countries

8 Oct 2026 4:13 pm
Non-life insurance industry premium rises 8.92% in H1 FY27; agriculture insurance plunges

The industrys performance was supported by strong health insurance growth, while a sharp fall in agriculture premiums restrained overall expansion

8 Oct 2026 12:57 pm
India may delay 0.4% UPI fee rollout for large payments

The potential postponement could give the payments industry additional time to prepare while avoiding disruption during the busy festive period.

8 Oct 2026 11:00 am
RBI may deliver 50 bps jumbo hike in December, repo rate seen at 6%: SBI Research

The report expects inflation to peak at around 6.8% in November 2026

8 Oct 2026 9:21 am
RBI rate hike: Major banks raise lending rates, making loans costlier

The lending-rate increases took effect or will take effect from October 8, while some banks kept MCLR and Base Rate unchanged

7 Oct 2026 11:18 pm
UNDP, Generali Central launch insurance innovation challenge to strengthen MSME resilience

Up to three winners will snag grants of up to $40,000 each, with applications due November 20, 2026 and results in February 2027

7 Oct 2026 10:03 pm
RBI allows Account Aggregator interoperability, expanding customer choice

Move enables seamless consent-based data sharing, faster credit assessment and consolidated financial views

7 Oct 2026 8:44 pm
A smallfee on UPI transactions will not have a major impact on volumes: RBI GUV

According to NPCI, there is no impact on small-value UPI transactions up to 2,000

7 Oct 2026 8:44 pm
RBI expects rate hike transmission to temper credit growth in coming quarters

Banks should undertake proper due diligence and use FCNR(B) deposits prudently, says Governor Malhotra

7 Oct 2026 8:24 pm