The Hindu Businessline

Thousands of British homeowners face higher repayments as fixed-rate deals expire amid rising borrowing costs and renewed inflation pressures.

NatWest, HSBC, Barclays and Lloyds fell sharply as a government bond sell-off pushed borrowing costs higher across Britain and Europe

Rising energy costs, persistent inflation and stronger growth expectations are reshaping bond markets as investors reassess long-term borrowing costs globally

Higher yields are reshaping borrowing costs across major economies, affecting government finances, mortgages, loans, companies and financial markets

The decline was partly due to the month having one fewer day

On equities, Bandhan Life flagged that elevated global uncertainty and firm valuations would make the Indian market increasingly stock-specific

The bank is also considering absorbing part of the charge for merchants where it acts as the acquiring bank.

The 10-year benchmark bond marks the first drawdown under NaBFIDs $4 billion Global Medium-Term Note programme for infrastructure financing

The launches come as ACKO reported operating revenue of 2,837 crore in FY25, up 35% year-on-year, while narrowing net losses by 37%

The new initiative is expected to widen pension coverage across tier 2 and tier 3 cities and encourage informal-sector participation.

Banks are approaching corporate borrowers with structures in which a rupee loan, commercial paper or non-convertible debenture is combined with a dollar-rupee cross-currency swap

Saluja seeks more time as SEBIs UPSI case hinges on open-offer timing; next SAT hearing set for October 9 after May ruling on disgorgement and penalties

Collaboration designed to support small and medium-sized manufacturers, job shops, and industrial enterprises

The appointment follows Rakesh Kumar Rajputcompleting his three year tenure as the Chief Compliance Officer of the Bankon September 30, 2026

Saha joined Kotak Mahindra Bank in January 2026 and currently oversees the retail banking, data analytics and marketing functions

The one-year median MCLR also declined in September, while external benchmark-linked loans gained share among outstanding floating-rate rupee loans.

Bank advances against fixed deposits grew faster than overall credit, while foreign-currency deposit and borrowing inflows crossed $143 billion by September 18.

Bank branches will observe multiple closures in October, with the holiday schedule varying from city to city due to regional festivals and local observances

The aggregate investment by Jio Finance in the JV to date is 375 crore

Mahesh Pai brings nearly three decades of experience across various facets of universal banking

The debt issue attracted major investors including ICICI Prudential Mutual Fund, SBI Pension Fund and ICICI Prudential Life Insurance.

The bank said it has adequate grounds to contest the matter, citing favourable GST orders on an identical issue in earlier years

Customers can make payments across merchants using their iPhone, Apple Watch and iPad, with support for Mac coming soon

ADBs validation report says that while the loan-supported programme was successful, MSEDCLs deteriorating financial health could mean that the gains from the programme may not be sustained

It urged IRDAI to retain the 2023 expense-of-management framework, with tighter computation rules

The networks expansion deepens financial access across villages, supporting women-led enterprises, rural livelihoods and small businesses in multiple states

RBI support and easing crude oil prices stabilise the market

All plans include unlimited teleconsultations and a yearly gym membership for members above 18 years of age, covering gym, aerobics, Pilates, calisthenics, yoga and Zumba through network providers

The Mumbai-based credit information company, said the appointment is aimed at strengthening its focus on data-led decision-making and inclusive financial growth

The new feature allows account holders to schedule automatic transfers of digital rupees (e) to a beneficiarys CBDC wallet at a fixed amount and frequency, while restricting how the recipient can spend the funds

The report, titled Resilience at Machine Speed, found that AI systems success rate on apprentice-level cyber tasks jumped from 9% to 50% between 2023 and 2025

Concerned about a likely reduction in remuneration, Life Insurance Agents Federation of India reaches out to the regulator

The fintech expects lifetime disbursals to cross $5.5 billion in FY26 while expanding its reach among underserved borrowers across smaller towns.

The planned transaction follows a similar $650-million fundraising in July, when proceeds were invested in rupee debt issued by another group entity

The CBI alleges Mistry was involved in the criminal conspiracy that resulted in Punjab National Bank suffering substantial losses

Investigators allege the funds were routed through jewellers bank accounts and presented as legitimate business transactions.

Imposing UPI chargeson top of high capital investment, price volatility and market sluggishnessthreatens the very survival of small- and medium-sized jewellery businesses

The central banks sell/buy swaps have pushed dollar-rupee forward premiums higher, raising the cost of hedging dollar exposure, with the one-year premium up around 50 basis points this month

The Foreign Currency Non-Resident (Bank) deposit (FCNR(B))-driven liquidity has emerged as a key near-term catalyst for the banking sector, the report says

The CRA said BoIs Long-Term IDRand Government Support Rating are equalised with Indias sovereign rating (BBB-/Stable), reflecting itsview of a high probability of extraordinary state support for the bank, if required.

Yield of the benchmark 10-year G-Sec (6.94% GS 2026) closed at 7.19%, a level last seem in April 2024, against the previous close of 7.12%

Refuses plea by petitioner for interim stay, but issues notice

The cap, proposed in 2020, has already faced multiple extensions, with the latest deadline set for December 31, 2026

Five-day banking must become a reality for the banking industry at the earliest. We are moving towards that, said UFBU in a statement

The new vertical combines specialised banking capabilities as Indias GCC ecosystem expands in scale, strategic importance and sophistication

The company plans to trim marketing expenses and slow down hiring, Nomura said in its report

The petitioner had prayed for a stay, but the bench did not accept; The date for the next hearing has not been fixed

Sources said the Tata Sons board is expected to finalise its response to the RBI, including a broad timeline for undertaking the listing process

McKinsey says that insurers are reassessing the traditional direct-to-customer (D2C) model as customers increasingly discover and evaluate products through AI-powered search and conversational interfaces