The Hindu Businessline

The deployment moves Hyderabad-based Viyona Fintechs UPI technology beyond development and certification into a live banking environment.

Now, the central bank is weighing how best to sterilise this liquidity.

INR opened 67 paise stronger at 94.30 per USD, and closed at 94.48 per USD, up 49 paise over the previous close of 94.97

The findings followed an examination of meeting minutes and email exchanges involving the Trustees Association of India and other trusteeship companies

PayPal is targeting $400 million in cost savings by year-end and at least $1.5 billion over the next two to three years

Lenders need rigorous stress testing, early-warning systems and dynamic provisioning, while AI and machine learning tools should be used more to detect early signs of borrower stress, he said

The company has now repaid all outstanding debt to 9 of the 14 consortium banks, with every repayment completed ahead of the scheduled due dates

Investors offered bonds worth just 10% of the amount New Delhi sought to repurchase, with traders attributing the weak response to ample banking liquidity.

Foreign ministry cited political grounds as the reason to stall the proposal, sources said, adding that there was no clear path to clearing the hurdles that stand in its way.

The proposed financing comes as Indian banks compete for large corporate deals following a regulatory shift allowing acquisition funding.

Bank liquidity surplus touches 9.7 lakh crore ($102.67 billion) as of September 3

PIR creates trusted, interoperable infrastructure to make insurance ecosystem more efficient, say insurers

The bank's shareholding in ICICI Life stands at approximately 52.8%

According to RBI data, the inflows through the special foreign currency non-resident bank (FCNR-B) deposit have crossed the century mark, according to the Reserve Bank of India

This influx, driven by attractive interest rates of 6-7.5% and significant leverage incentives for non-resident Indians, occurred through the Reserve Bank of Indias concessional swap facility

The benchmark had last crossed 7% per cent in May 2026, subsequently touching around 7.13% per cent

Report flags rising share of repeat customers as key risk for gold loan sector

Tatsuya Fujimoto brings extensive experience across Japan and overseas markets, including the US, Malaysia and India, to the insurance company

Stronger borrower selection, higher recoveries andstable non-microfinanceportfolios expected tosupport asset quality.

The fundraising strengthens the NBFCs access to international capital markets while diversifying its funding sources across domestic and global pools

During the session, it moderated between 700 and 705.65, compared with the previous close of 711.90.

CEO Sashidar Jagdishan resisted some of the changes proposed by the Chair Rajiv Kumar, say people familiar with the matter

The dollar inflow has pushed up the RBIs reserves to a record high of $729.3 billion

From creating new buyers to changing bond auctions, Washington has repeatedly adapted its financing tools when conventional funding methods faced pressure

The US bond market is facing mounting pressure as investors demand higher returns amid concerns over fiscal risks and inflation

The lenders overseas branches and subsidiaries have extended loans against the deposits, while guarantees have also been issued to other banks

The global economic outlook and Indias growth trajectory figure in talks between the two

The registry is proposed to address information and interoperability gaps by providing a consistent and authoritative view of insurance records, while allowing relevant information to remain with the respective source institutions

To absorb this surplus, the RBI on Tuesday conducted two Variable Rate Reverse Repo (VRRR) auctionsfor 6 lakh crore and 4 lakh crore

Ramamoorthy outlined how localised AI solutions could enhance operational efficiency and mitigate tech debt

The rupee is on a winning streak, locking in its third straight day of gains and outperforming its Asian peers, thanks to a stellar domestic growth numbers

Strong internal candidates are mostly going to be considered for these roles

Executive V-C Umesh Revankar expects gold loans, new vehicle financing to drive the NBFCs next growth phase

The September 11 strike will be followed by a three-day strike from September 28 to September 30. If the grievances are not addressed, the Unions stated that they would proceed on an indefinite strike from October 26

Together, the two platforms have already facilitated the issuance of over two crore insurance policies since inception as of March 31, 2026

The PIR is expected to reduce information gaps and foster greater competition, allowing insurers and other market participants to compete through innovative products, competitive pricing, better services and improved customer experience

Fibe plans to further integrate AI across customer engagement, risk assessment, credit decisioning, portfolio management and employee productivity

Bank branches will observe multiple closures in September, with the holiday schedule varying from state to state based on regional festivals and local observances

In his new role, Suman Ray will look after Department of Deposit Insurance & Credit Guarantee Corporation and Premises Department

While an internal candidate could ensure continuity, appointment of an external candidate would throw up cultural and integration challenges, an analyst said

Protocol may debut next week at Mumbais Global Fintech Fest, sources say

Festival activity and rising digital payment adoption supported transaction growth, with UPI volume increasing sharply from the previous month.

Brokerages retain bullish calls on the stock but say the next chief executive must provide a credible leadership reset and a clear path to revive growth and margins

After wealth management and AMC, Sanlam is in talks to invest in Way2Wealth Brokers to expand its broking footprint in India

The UAE, US, UK and Singapore account for nearly half of all non-resident holdings in Indian mutual fund

Credit growth was broad-based across sectors and borrower categories

The four-month programme seeks to bridge the digital skills gap and help economically disadvantaged youth achieve financial independence and dignity

The data also show that banks have begun to trim rates offered on fresh deposits

The bank has submitted the names of executive directors Anup Saha and Paritosh Kashyap to the Reserve Bank of India for approval