The Hindu Businessline

JCLs total disbursements stood at 8,615 crore in Q3FY26, up 2 times year-on-year

At present around 75 per cent of its business in terms of APE is coming from the bancassurance channel, down from over 90 per cent around 15 months ago

The RBI has also conveyed that if the applicant fails to acquire major shareholding within a period of one year from the date of its letter, this approval shall stand cancelled

Macro remains the dominant driver

Banks investment in G-Secs and SGS grew at a higher clip of 11 per cent y-o-y as on January 24, 2025

Bipartite talks to be taken up by March 10

The service is expected to support the Unified Payments Interface, operated by the National Payments Corporation of India, alongside card-based payments

In a switch auction, the government replaces bonds maturing in the near term with long-term instruments

Around 5,000 customers were potentially affected, but the banks monitoring system successfully blocked 688 unauthorized attempts, safeguarding roughly USD 0.1 million

The All India HPI grew by 3.6 per cent year-on-year (y-o-y) in Q3 FY26, compared with a growth of 6.9 per cent in the same quarter last year

This will help insurers provide insurance products to customers at more affordable prices, said Deepak Sood, Member (non-life), IRDAI

The matter is currently under investigation by the relevant authorities

Another MoU was inked between ESIC and the National Accreditation Board for Testing and Calibration Laboratories (NABL) to promote quality assurance and accreditation across ESIC healthcare facilities

Joshi, who is currently Executive Director with the State-owned reinsurer, has been exercising the financial and administrative powers and functions of CMD of GIC Re since October 1, 2025

The RBI may engage with IDFC First Bank bilaterally to identify the gaps and persons accountable for the fraud

The matter is confined to a specific group of government-linked accounts within Haryana Govt operated through the said branch in Chandigarh and does not extend to other customers of the Chandigarh Branch

The government will ensure that anybody who is involved be it a bank employee, private individual or even a government employee -- will not be spared, he said

Starting at 20, Paytm Silver will enable savings in small amounts

The banks MD, CEO V. Vaidyanathan said the lender will spare no one as it suspected that the banks employees colluded with external parties to commit the fraud

Overall 10,903 crore is lying idle in 31.86 lakh inoperative accounts, opened over the last two decades

As part of the planned agitation schedule, demonstrations were held at regional centres on February 23, followed by protests on February 26, culminating in the March 2 strike

While Airtel will contribute 70% of the investment, the promoter group, via Bharti Enterprises, will contribute 30% over the next few years

The companys focus is on increasing insurance penetration and securing new-to-insurance customers, especially in Tier 2 and Tier 3 geographies

The Board assessed the global and domestic economic landscape, factoring in the challenges arising from geopolitical developments and financial market volatility

Sees no financial impact on bank due to de-empanllement

Sources indicate CA Grameen has been on the block for many years now to provide an exit to its long term investors

Im glad the RBI is issuing guidance against mis-selling; The message should go to the banks that they cannot afford to mis-sell, and it is an offense, she said

Banks shares cracked up to 19% in early market trading hours following the disclosure

We are watching the development, there is no systemic issue, Malhotra told reporters at a press briefing

Rules on collateral, proprietary trading to take effect April 1

The bank will take some provisions as a result of the fraud... (but) On a standalone basis, we were expecting a very solid Q4 in terms of profitability, IDFCs Managing Director and Chief Executive V Vaidyanathan said

Bitcoin earlier this month wiped out the remaining gains it had seen since Trump won re-election in November 2024

Under the current rules, trading firms use bank financing to ramp up leverage and reap big profits, outmaneuvering retail investors with their much higher level of sophistication

While overall NPA additions ranged between 18% and 24% of the NPA opening balance in the case of PSBs, it ranged between 61% and 93% for PvSBs in the last three years

SBI has launched CHAKRA, a Centre of Excellence to finance sunrise sectors such as renewable energy, electric mobility and green hydrogen, accelerating Indias green transition

Issue tied to Haryana govt-linked accounts; four bank officials suspended

Four officials working for the IDFC First Bank have been placed under suspension pending investigation, the bank said

In a statement, it claimed that repeated representations highlighting concerns over morale, mental well-being and institutional functioning have not received an adequate response

Warns of intensified action, including indefinite strike, if move for privatising bank is not revoked

SBI is in talks with Japanese banks to jointly bankroll acquisition financing

Nagaraju observed that Indian banks credit-to-GDP ratio stands at just 57%. This is significantly lower than economies like China, which has 199% credit-to-GDP ratio; the US at 147% and Japan at 153%

The fund house facilitates minimum daily and weekly SIP of 100 and 150, while monthly SIP can start from 200

Corporate bond yields hardened across tenors and the rating spectrum, with their spreads over corresponding maturity government securities generally widening

As external sources like prices of oil, commodity, etc., are expected to weigh on inflation, MPC members called for maintaining status quo on repo rate

The price correction offers investors a great chance to enter, with many starting new SIPs and portfolio deployments in this asset class