South Indian Bank has rolled out a new product, SIB Gold Xpress, designed to provide borrowers with quick access to funds against their gold holdings. The scheme offers loans of up to 90%...
South Indian Bank has rolled out a new product, SIB Gold Xpress, designed to provide borrowers with quick access to funds against their gold holdings. The scheme offers loans of up to 90%...
Indian banks are riding the momentum of a record-breaking IPO year, extending more credit to investors eager to participate in public offerings. In FY 2024–25, IPO-linked lending grew by 53% over the previous...
In a notable divergence of accounting strategies for Q1 FY26, Axis Bank, Bandhan Bank, and Sammaan Capital have adopted distinct approaches—ranging from prudence to opportunism—in their financial reporting. This “policy tweak” reflects a...
Indian corporates are increasingly gravitating back toward bank financing as the cost gap between bank loans and bond market rates narrows. Specifically, the spread between the State Bank of India’s (SBI) Marginal Cost...
A recent policy shake-up brought the minimum average balance (MAB) practice to the spotlight after ICICI Bank raised its MAB for new savings accounts—only to later rollback in the face of public backlash....
The Reserve Bank of India (RBI) is set to drastically shorten cheque clearance times under a new efficiency-driven reform called Continuous Clearing and Settlement on Realisation. Starting October 4, 2025, cheques will clear...
In a landmark move to strengthen financial literacy and promote digital inclusion, the Reserve Bank of India (RBI) has launched its official, verified WhatsApp channel. This initiative forms part of the ongoing #RBIKehtaHai...
India’s market regulator, the Securities and Exchange Board of India (SEBI), has rejected the settlement requests filed by industrialist Anil Ambani, his family members, and former Yes Bank CEO Rana Kapoor. The pleas...
With the Reserve Bank of India (RBI) mandating a June 30, 2025 deadline for IndusInd Bank to appoint its new Managing Director and Chief Executive Officer (MD & CEO), the bank’s board has...
Reserve Bank of India Governor Sanjay Malhotra has clarified that minimum balance requirements for savings accounts are not regulated by the RBI. Instead, individual banks are empowered to determine their own thresholds based...
Following a challenging FY25 marked by accounting irregularities and a leadership reshuffle, IndusInd Bank is recalibrating for growth with a renewed focus on retail deposits, secured retail lending, MSME portfolios, and rural outreach....
On Monday, India’s benchmark indices saw a modest rebound, with the Nifty 50 rising 0.3% to 24,436.8 and the Sensex gaining 0.31% to 80,108.2 by 10:30 a.m. IST. Gains were led by SBI...
The Reserve Bank of India (RBI) has granted in‑principle approval to AU Small Finance Bank (AUSFB) to transition from a Small Finance Bank (SFB) to a Universal Bank—making it the first SFB in...
India’s financial ecosystem is now facing an unintended side effect of its digital payment revolution: the rising cost of processing small-value transactions. According to recent industry signals, several banks and payment infrastructure providers...
SBI Life Insurance Company Ltd (NSE: SBILIFE) is showing signs of renewed bullish momentum, rebounding sharply from its 50‑day Exponential Moving Average (DEMA) and igniting interest among technical traders. With a short-term target...
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