November 26, 2025-
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Federal Bank is set to receive a major boost as Blackstone proposes a ₹6,196 crore infusion that could significantly strengthen the bank’s capital base and fuel long-term growth. The investment plan comes at...
Federal Bank is set to receive a major boost as Blackstone proposes a ₹6,196 crore infusion that could significantly strengthen the bank’s capital base and fuel long-term growth. The investment plan comes at...
The Reserve Bank of India (RBI) has released a draft unified framework for related party lending, expanding its scope to include promoters, key management personnel (KMPs), major shareholders, and their relatives. The move...
The Reserve Bank of India (RBI) will announce its policy decision this week with markets split on whether it will cut rates. While inflation is at the lower end of the target band...
Bank of Baroda (BoB) has signed a co-lending agreement with IIFL Finance to expand credit access for agricultural and allied activities. The partnership aims to combine BoB’s low-cost funding strength with IIFL’s deep...
Citigroup has shifted nearly 1,000 technology jobs from China to its Indian Global Capability Centres (GCCs) as part of a global restructuring effort. The move follows a 3,500-job cut in China’s tech workforce...
IndusInd Bank is under regulatory and law enforcement scrutiny after its former CFO, Gobind Jain, alleged accounting lapses dating back to 2015 in its derivatives portfolio. Jain claims senior management, including ex-CFO SV...
The Finance Ministry (FinMin) has instructed banks, financial institutions, and CPSEs—including the RBI—to discontinue spending on festival gifts like Diwali hampers. The advisory, based on a Department of Public Enterprises (DPE) directive, is...
The Reserve Bank of India (RBI) has introduced standardised procedures for banks to settle claims of deceased customers, eliminating divergent practices across lenders. From now, nominees and survivors will not be required to...
A majority of economists in an ET poll expect the Reserve Bank of India (RBI) to keep the repo rate steady at 5.50% during its October 1 policy meeting, despite inflation being below...
Non-bank lenders are rapidly expanding their hold on India’s ₹15 lakh crore personal loan market, even as banks tread cautiously. Data from CRIF and Nomura shows NBFCs’ share in new loan originations rose...
Credit card issuances in India climbed to a seven-month high in August 2025, with nearly 700,000 new cards distributed. The total active cards now stand at 112.3 million, as banks like HDFC, Axis,...
The Reserve Bank of India (RBI) has issued new guidelines mandating two-factor authentication (2FA) for all domestic digital payments from April 1, 2026. The framework allows banks and fintechs to adopt innovative verification...
India’s Banking-as-a-Service (BaaS) market is projected to grow from ₹84.8 billion in 2022 to ₹153.8 billion by 2030, at a CAGR of 6%. The surge will be driven by neobanks, embedded finance, and...
India’s festive season is coinciding with the rollout of GST 2.0, unleashing a wave of credit offers from banks and NBFCs. With essentials cheaper and consumer sentiment high, lenders are aggressively marketing loans,...
The Indian government is considering raising the foreign investment limit in Public Sector Banks (PSBs) from the current 20%, while retaining at least 51% ownership to preserve their public character. The move is...
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