Banks to reveal loan rates every month in RBI's disclosure tweakThe Reserve Bank of India has proposed new lending rate guidelines. Regulated entities must declare lending rates monthly and reset floatin...
13 Aug, 2026, 12.24 AM IST
Bank of America invests around Rs 18,268 crore for 49.9% stake in Jio CreditBank of America will invest up to $1.9 billion in Jio Credit. This significant foreign investment aims to acquire nearly fifty percent of t...
12 Aug, 2026, 10.25 PM IST
RBI proposes new interest rate rules for regulated entities, seeks public commentsThe Reserve Bank of India is harmonizing interest rate determination methods for regulated entities. New guidelines will define internal be...
12 Aug, 2026, 10.00 PM IST
Quote of the Day by Ryan O’Neal: “It’s taken me all these years to realize there’s no such thing as a...” — Inspiring life lessons on love, forgiveness, acceptance, emotional growth, relationships and why true love often begins when we stop expecting perfection from the Oscar-nominated American actor known for Love Story and Paper MoonToday’s Quote of the Day by Ryan O’Neal: Ryan O'Neal's classic quote on relationships emphasizes that romantic perfection is an unattainabl...
12 Aug, 2026, 09.22 PM IST
Bank of America to acquire 49.9% in Jio Credit in potential Rs 18,268 crore dealJio Financial Services and Bank of America announced a significant joint venture agreement. The US banking major will acquire up to 49.9% i...
12 Aug, 2026, 09.13 PM IST
AI in this decade is what digitsation was in the last: RBI governorBanks must understand artificial intelligence deployment for future success. AI can enhance financial inclusion and improve existing public...
12 Aug, 2026, 07.43 PM IST
AI to reshape banking, governance must evolve to curb cyber risk: BCG's Hardik ShahArtificial intelligence is set to reshape India's banking sector over the next decade, but banks, regulators and the government will need t...
12 Aug, 2026, 07.06 PM IST
Montauk Mystery: New $50 million lawsuit raises questions over Martha Nolan’s deathMartha Nolan-O’Slatarra’s family is suing Christopher Durnan for fifty million dollars. The family alleges reckless conduct led to her deat...
12 Aug, 2026, 05.44 PM IST
SBI uses AI to underwrite nearly Rs 1 lakh crore in MSME loans in FY26State Bank of India underwrote nearly one lakh crore rupees in MSME loans using artificial intelligence. AI is also automating the processi...
12 Aug, 2026, 01.59 PM IST
Govt issues advisory against two Bhutanese cos on trade risksThe government has advised exporters, banks and trade bodies to exercise heightened caution while dealing with Bhutan-based Legoy Powerspor...
11 Aug, 2026, 10.27 PM IST
AI in banking must move beyond retail to farms, MSMEs: SBI Chairman SettyIn a recent statement, CS Setty, Chairman of the State Bank of India, underscored AI's transformative potential for the Indian banking sect...
11 Aug, 2026, 11.47 AM IST
Top 5 city gas distributors drive over half of CBG salesFive city gas distributors led national compressed biogas sales in 2025-26. The overall blending ratio reached 0.92%, nearing the governmen...
11 Aug, 2026, 01.59 AM IST
Finance panel calls for AI checks for tax refundsA parliamentary committee has identified a concerning surge in income tax refunds that are taking too long to process. To expedite genuine ...
11 Aug, 2026, 01.10 AM IST
- NBFCs outpace banks in June as cards lose some credit
NBFCs outpaced banks in retail lending growth in June, with loans rising over 20% year-on-year compared with 16% for banks. Growth was driv...
11 Aug, 2026, 12.46 AM IST
Think Gen Z is financially careless? Their investing habits say otherwiseGeneration Z places a strong emphasis on balancing experiences and career adaptability while ensuring financial security. This generation i...
10 Aug, 2026, 10.57 AM IST
Brazil’s 500-meter-wide cashew tree is actually one plant; its ground-rooting branches produce up to 2.5 tons of fruit each yearCajueiro de Pirangi, a remarkable giant in Brazil, sprawls over 8,500 square meters. This extraordinary cashew tree grows sideways, sprouti...
06 Aug, 2026, 07.03 PM IST
Specialised Investment Funds: How to evaluate strategy, risk, derivatives and red flags before investing in SIFsThey were created for investors who have outgrown the standardised constraints of mutual fund categories but do not meet the Rs 50 lakh min...
03 Aug, 2026, 12.02 PM IST