Gold pulled India back from the edge of crisis 35 years agoThirty-five years after India pledged 67 tonnes of gold to avert a balance of payments crisis, the episode remains one of the defining mome...
30 Jul, 2026, 03.34 PM IST
Pine Labs signs six lenders for AI underwriting tool; to launch expense cardsPine Labs is launching an AI underwriting tool and new employee benefit cards. The company is expanding its services beyond payment process...
29 Jul, 2026, 12.35 PM IST
Do you really need home loan insurance if you already have a term insurance plan?Home loan insurance is designed to pay off outstanding loans if the borrower passes away, while term insurance provides a one-time payment ...
29 Jul, 2026, 12.22 PM IST
Patchy rains may hit rural lending, banks stay cautiousBankers are closely watching monsoon rains and their impact on rural credit. Uneven rainfall poses inflation risks for summer crops and rur...
29 Jul, 2026, 12.35 AM IST
SBI, HDFC Bank seek $1.7 billion overseas to boost dollar resourcesState Bank of India and HDFC Bank are raising significant dollar funds. These large Indian banks are borrowing from foreign institutions to...
29 Jul, 2026, 12.31 AM IST
FCNR(B) deposit drive could pressure banks' profitabilityBanks' leverage on FCNR(B) deposits could pressure profit margins. Overseas interest rates are lower, and lending spreads remain thin. This...
29 Jul, 2026, 12.30 AM IST
Bank of Baroda data breached: Is your account in danger? 7 things you can do to protect your accountBank of Baroda confirmed a data breach originating from a compromised employee email account. The lender insists its core banking systems r...
28 Jul, 2026, 12.54 PM IST
Musk's X adds Money banking service under 'everything app' pushElon Musk's social media app X on Monday began offering its X Money banking service to all US subscribers of its paid Premium and Premium+ ...
28 Jul, 2026, 09.52 AM IST
FIIs increase PSU exposure, trim stakes in private banksForeign investors reduced holdings in top private banks over the past year. They increased stakes in select public sector lenders, showing ...
28 Jul, 2026, 05.42 AM IST
Kotak Mahindra Bank taps HSBC and CTBC for $600-million overseas loanKotak Mahindra Bank plans a $600 million loan from HSBC and CTBC Bank. Bank of India also secured $600 million through a dual-tranche term ...
28 Jul, 2026, 12.32 AM IST
HDFC Bank fines CEO, CFO Rs 1 lakh each over MSRDC deposit caseIn a notable move, HDFC Bank has penalized senior executives and delivered warning letters after conducting an internal assessment of a dep...
27 Jul, 2026, 04.46 PM IST
Psychology says people who hesitate to ask for money they lent may be protecting relationships more than their walletsPsychologists consistently emphasize that assertive communication allows people to protect both their finances and their relationships. Ask...
24 Jul, 2026, 03.34 PM IST
Byju’s-BCCI settlement remains stalled; NCLT pauses buyer searchByju's proposed Rs 158-crore settlement with the BCCI remains unresolved. Creditors have met multiple times but could not reach a decision ...
23 Jul, 2026, 09.06 PM IST
Three US law firms probe HDFC Bank over alleged Maharashtra deposit paymentsHDFC Bank is facing fresh scrutiny in the US after three law firms launched investigations into whether the lender violated federal securit...
23 Jul, 2026, 04.04 PM IST
UK fintech Revolut valuation soars to $115 billionBritish digital bank Revolut, whose growth has exploded in recent years, reached a valuation of $115 billion Wednesday following a secondar...
22 Jul, 2026, 11.12 PM IST
Should children take loans to repay parents' debt? A son's dilemma about clearing father's Rs 40 lakh debt leaves internet dividedA young employee's Reddit post about whether he should take a Rs 40 lakh personal loan to help repay his father's debt has triggered a heat...
21 Jul, 2026, 08.22 PM IST
African Proverb of the Day: “If you want to improve your memory… — Life lessons on money, trust, responsibility, financial stability and why promise is a debtAfrican Proverb of the Day highlights the meaning of “If you want to improve your memory, lend someone money.” The saying humorously reflec...
17 Jul, 2026, 05.14 PM IST