Iran deployed covert Iraq drone cells to target Gulf states: ReportIran's Revolutionary Guard has reportedly formed secret cells in Iraq to launch drone strikes on Gulf nations hosting U.S. troops. These el...
20 Jun, 2026, 12.57 AM IST
RBI revises Kisan Credit Card norms, standardises crop season definitionThe Reserve Bank has revamped the Kisan Credit Card (KCC) Scheme, standardizing crop season definitions for uniform loan sanctions and repa...
19 Jun, 2026, 09.24 PM IST
When a small footnote is used as a tool to make a weak balance sheet look strongThis is the uncomfortable truth about company accounts. A number on a balance sheet is not always cash that will return, and a liability tu...
19 Jun, 2026, 09.01 PM IST
Iran's Revolutionary Guards set up covert Iraqi cells to attack Gulf neighbors, sources sayIran's Revolutionary Guard Corps has formed new secret groups in Iraq. These cells are carrying out drone attacks on Gulf nations like Kuwa...
19 Jun, 2026, 12.06 PM IST
Bank provisioning at 3-year low on better recoveries, asset qualityBanks' loan loss provisioning hit a 12-quarter low in March 2026, driven by private sector banks amid improving asset quality and recoverie...
17 Jun, 2026, 06.02 AM IST
Banks asked to track movable assets to aid loan recoveriesThe government is collaborating with banks to create a system for sharing borrower asset information. This aims to speed up the recovery of...
16 Jun, 2026, 11.57 PM IST
Kuwait launches 15-year residency programme for foreign investorsKuwait has launched a new long-term residency program, offering eligible foreign investors up to 15-year permits to attract high-value inve...
15 Jun, 2026, 12.22 PM IST
China's May loan growth dips on weak demandAggregate financing, a broad measure of credit, increased ¥2.03 trillion ($300 billion), according to Bloomberg calculations based on data ...
13 Jun, 2026, 01.18 AM IST
Risks cloud hover over microfinanceThe Reserve Bank of India, too, raised concerns over higher inflation due to low average rainfall and supply chain disruptions due to geopo...
13 Jun, 2026, 12.55 AM IST
PSBs may lose the edge over private peers as tightening liquidity, rising credit costs may impact growthPublic sector banks' advantage over private lenders is fading. Excess liquidity and low credit costs are diminishing. Liquidity coverage ra...
12 Jun, 2026, 01.31 AM IST
Kuwait temporarily suspends issuance of commercial visit visas for all nationalitiesKuwait has temporarily halted the issuance of commercial visit visas for all nationalities, impacting business travel. This suspension, wit...
11 Jun, 2026, 11.16 AM IST
Kuwait temporarily closes airspace after Iranian attacks, flights divertedKuwait's airspace is now open after a temporary closure on Thursday. This action followed Iranian attacks that impacted the Gulf region. Ku...
11 Jun, 2026, 11.14 AM IST
Govt extends validity of Credit Guarantee Scheme for Microfinance Institutions upto August 31The Finance Ministry has extended the Credit Guarantee Scheme for Microfinance Institutions-2.0 until August 31, 2026, or until Rs 20,000 c...
10 Jun, 2026, 05.52 PM IST
Central Bank of India ordered to pay Rs 2.5 lakh compensation to customer for losing original property papersA consumer commission held the Central Bank of India liable for losing a land title deed deposited as collateral for an agricultural loan. ...
10 Jun, 2026, 02.23 PM IST
Kuwait restricts domestic worker recruitment to 10 countries, bans 27 othersKuwait has restricted domestic worker recruitment to 10 approved countries, prohibiting hiring from 27 others under new Interior Ministry r...
10 Jun, 2026, 10.44 AM IST
You'll always have mummy-papa bankAfter spending 46 years as a sadhu, an Indian man returned to his hometown, humbly requesting alms from his aging mother. This poignant mom...
10 Jun, 2026, 12.05 AM IST
Bank auctioned pledged land after borrower defaulted but buyer took 2 years to pay 75% money; borrower cleared the dues, fought and won the case in SC to get his land backThe Supreme Court agreed with the Madras High Court's call to cancel the auction of Mr. Rama's family property. The bank was trying to sell...
09 Jun, 2026, 11.39 AM IST