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INDIAN BANKING
PhonePe gets in-principle nod from UAE for first locally licensed overseas payments businessWalmart-backed PhonePe has received in-principle approval from the UAE central bank for two payments licences, paving the way for its first...
Bank strike on September 28, 29 and 30: As Finance Ministry appeals bank employees to refrain from strike, will three-day strike go on?The Finance Ministry is advising bank employees to refrain from a planned three-day strike initiated by the United Forum of Bank Unions. In...
RBI revises FCNR(B) inflows upwards to USD 133 billion after robust response from NRIsRBI revised FCNR(B) deposit collections upwards to USD 133 billion. The scheme's closing date was advanced by one month following a strong ...
RBI issues final Basel III market risk capital rules for banks; new minimum requirements to kick in from April 2027The Reserve Bank of India has issued revised market risk capital requirements for commercial banks, aligning Indian regulations with Basel ...
$127 bn foreign currency deposit mobilisation a 'shot in the arm' for Indian banks: S&PA notable achievement for Indian banks occurred as they received USD 127 billion through a dedicated deposit scheme. This influx has signif...
FIIs pull out ₹6,200 crore from financials but CIOs say banks could be India’s next big largecap tradeRecent trends show foreign investors exiting financial services, leading to notable outflows. In contrast, mutual fund chief investment off...
JioBlackRock CIO Rishi Kohli decodes Nifty’s inflection point after two years of weak returnsJioBlackRock CIO Rishi Kohli says largecap valuations have de-rated, while Indian banks have underperformed global peers, creating potentia...
Indian Bank, Bank of Maharashtra, Canara Bank among 9 PSU banks to merge with SBI, PNB, BoB? PIB respondsA Gazette notification claiming that nine public sector banks will be merged into State Bank of India, Punjab National Bank and Bank of Bar...
Is iPhone 18 Pro cheaper in Dubai than India? The price gap has Indian buyers doing the mathsSome Indian buyers travelled to Dubai to purchase the iPhone 18 Pro and Pro Max after comparing their prices with those in India. Gulf News...
Who is Prajakta Mali? Marathi actress reportedly sells her Goregaon flat for Rs 1.12 crore after buying a Rs 6.42 crore homeActress Prajakta Mali reportedly sold a Goregaon East flat for Rs 1.12 crore. This sale occurred shortly after she purchased another proper...
Up to 7.50% interest rate on 555-day FD: Check highest rates for general and senior citizensFD interest rates: Many banks are currently promoting compelling interest rates for 555-day fixed deposits. While general depositors can en...
Reliance Industries to raise Rs 12,500 crore via five-year bondsIn a significant financial maneuver, Reliance Industries aims to secure ₹12,500 crore via a five-year bond issuance, orchestrated by Indian...
Indian Bank to enter life insurance business, soon to seek board nodIndian Bank plans to enter life insurance and asset management sectors soon. The bank is seeking board approval for these proposed new vent...
The more AI banks deploy, the bigger the cyber battlefield getsIndian banks and fintech firms face growing AI-powered cyber threats. Attackers use AI to find vulnerabilities faster than before. Financia...
Bank strike today September 11: PNB, Indian Bank, SBI, UCO, list of banks that may face disruptionsBank strike on September 11: Several major lenders have warned customers that branch and office services may be affected if employees join ...
Indian Bank launches AI-TARA voice banking, Smart Wealth and IND Cash Optima at Global Fintech Fest 2026Indian Bank launched new digital banking solutions at the Global Fintech Fest. AI-TARA, a voice-based assistant, offers banking services in...
Indian Bank to open representative office in Dubai to expand foreign operationsIndian Bank plans to open a representative office in Dubai after receiving board approval, targeting business from the large Indian diaspor...