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FINANCIAL INCLUSION
UAE freezes 'Desi Bling' star Satish Sanpal's assets over money laundering probeBesides the financial services accounts and digital wallets of Satish, the FIU freezing order, issued about a fortnight ago, extends to acc...- UPI hits record Rs 29.9 lakh crore in July, 23.66 billion transactionsUPI transactions reached a new high of Rs 29.9 lakh crore in July. The volume of these transactions also saw a significant increase during ...
- CDSL Q1 Results: Net profit rises 15% YoY to Rs 118 crore, revenue up 13%The Indian central securities depository’s revenue from operations meanwhile increased more than 13% YoY to Rs 293 crore during the quarter...
- Motilal Oswal calls Bloomberg delay on India G-Secs a "temporary operational pause," expects inclusion within monthsMotilal Oswal believes Bloomberg's G-Sec inclusion delay is a temporary pause. He cited operational issues and foreign investor onboarding ...
- Bloomberg delays India’s entry to global bond index yet againThe inclusion of Indian government bonds in Bloomberg's Global Aggregate Index has been deferred yet again, as the company requires additio...
- Sebi extends deadline till Oct-end to complete digital accessibility audits, resolve platform issuesSebi has announced an extension for regulated entities to complete their digital accessibility audits, moving the deadline to October 31, 2...
- Bajaj Finance posts 28% growth in net profit amid healthy loan demandBajaj Finance reported a 28% year-on-year net profit increase for the June quarter. Assets under management climbed 24% to ₹5.47 lakh crore...
- HDFC Bank, Axis Bank collect highest penalties from customers for non-maintenance of minimum average balance; Bank of Baroda tops public sector bank listHDFC Bank, Axis Bank, and Bank of Baroda collected the most penalties for low balances. Public sector banks collected these charges from FY...
- Banking on gear shift for pickup: After cleaning up bad loans, banks now need a new reform pushIndia's banking sector requires reforms for sustained growth and improved credit access. Banks must grow significantly to meet microenterpr...
- ADB okays $1.8 billion loans for urban reforms, rooftop solar pushThe urban programme will support implementation of the Urban Challenge Fund by strengthening urban institutions, improving integrated plann...
- Macroeconomic fundamentals of Indian economy remain strong amid global challengesIndia's economy shows strong macroeconomic fundamentals and a resilient financial system. Robust domestic demand and healthy corporate bala...
- Supreme Court seeks speedy SIT probe into Ayodhya Ram Mandir fund allegationsThe Supreme Court on Monday said its immediate focus is ensuring a speedy, fair and impartial investigation into alleged embezzlement of Ay...
- From Aadhaar to exams: Nandan Nilekani, the Infosys co-founder PM Modi has entrusted with exam reformsNandan Nilekani will lead a high-powered task force on examination reforms. He previously co-founded Infosys and chaired the Unique Identif...
- Rs 2 lakh accident insurance to guaranteed minimum pension up to Rs 3,000: Key govt schemes like APY, PMJAY that help the poorIf you are confused by personal finance terms, jargon and calculations, here’s a series to simplify and deconstruct these for you. In the 1...
- PM Modi announces high-powered task force on exam reforms led by Infosys co-founder Nandan NilekaniPrime Minister Narendra Modi announced a new task force for exam reforms. This high-powered committee will be led by technology expert Nand...
- India to roll out common customer ID for banks, insurers; mutual funds to follow, sources sayStarting in August, a collaborative customer identification initiative will be rolled out by Indian banks and insurers, featuring a system ...
- Karnataka gig workers' law: Platforms deposit welfare fee with HC ahead of deadlineEcommerce firms have deposited a mandated welfare fee with the Karnataka High Court. This action complies with the court's interim order re...
- Manipur CM Yumnam Khemchand Singh says welfare benefits worth Rs 91.66 crore to bring relief amid prolonged crisisManipur Chief Minister Yumnam Khemchand Singh distributed welfare benefits worth Rs 91.66 crore. These benefits were provided to nearly 2,4...
- MSCI India rejig: Eternal likely to see highest inflows at $648 mn; Lenskart, Groww among Nuvama’s expected inclusionsMSCI’s August India Standard Index review could trigger major passive inflows, with Eternal expected to attract the highest at $648 million...
- RBI's financial inclusion index rises 4.48 pc in FY26The Reserve Bank's Financial Inclusion Index increased by 4.48 percent. This index measures financial inclusion across India's banking and ...
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