CBSE clarifies re-evaluation payments, says portal withstands cyberattack attemptCBSE has clarified its online portal for Class XII answer sheet verification and re-evaluation. Students can use various payment methods li...
CBSE says 40,000 students complete re-evaluation process without issues, portal open from June 2 to 6The Central Board of Secondary Education (CBSE) has launched a portal for Class 12 students to verify scanned answer books and request re-e...
Trump orders tighter banking scrutiny of undocumented migrants, warns of account seizuresPresident Trump announced an executive order to shut down and seize funds from bank accounts supporting illegal immigration or holding welf...
Nearly two-thirds of bank loans now priced below 9% as rate cuts biteIndian banks are offering more loans at lower interest rates. Almost two-thirds of all bank credit now has rates below 9%. This shift follo...
Two out of every three bank loans in India carry interest rates below 9%Indian banks are witnessing a significant shift as nearly two-thirds of credit now carries sub-9% interest rates, a consequence of aggressi...
Indian banks' profitability to ease this fiscal on lower treasury gains, ECL provisions: CrisilIndian banks will see a slight dip in their return on assets this fiscal. This is due to lower treasury income and early provisions for a n...
Credit keeps its lead over deposits as gold loans shine brightBank credit is growing faster than deposits. Lending to industries is slowing down due to global uncertainties. Loans against gold jeweller...
Listed banks earned a record profit of ₹4 lakh crore in FY26Indian banks achieved a record consolidated net profit exceeding ₹4 lakh crore in FY26. Top lenders SBI, HDFC Bank, and ICICI Bank contribu...
Energy prices, current account deficit, balance of payments big priorities right now: CEAManaging macroeconomic fundamentals like balance of payments and current account deficit is a top priority for the government. The West Asi...
Bank RoA to slip 10-15 bps to 1.15-1.2% this fiscal for 2 reasons: CrisilIndian banks’ RoA is expected to ease to 1.15–1.2% this fiscal from 1.3% last year, driven by lower treasury income and higher pre-emptive ...
Myntra announces End of Reason Sale starting May 29Myntra's 24th End of Reason Sale begins May 29. Millions of customers can shop over 6 million styles. Emerging brands will debut new collec...
RBI highlights strong banking sector health, says lenders can withstand severe shocksIn the fiscal year 2025-26, India's financial landscape demonstrated remarkable stability. Both banks and non-bank entities showcased solid...
US, UK firms boost currency hedging as war sparks volatilityAmerican and British companies significantly boosted currency hedging last quarter. This move came as global markets faced turbulence. Even...
Indian banks more exposed to West Asia crisis among APAC region: Moody'sIndian banks face significant exposure due to energy import reliance. Higher fuel costs will strain consumers and businesses, increasing cr...
IDFC First Bank receives Rs 514.82 crore insurance payout on microfinance defaults, expects full provision write-backIDFC First Bank has successfully secured a substantial allocation of over Rs 500 crore from the Credit Guarantee Fund for Micro Units. This...
HDFC Bank revises Regalia Gold lounge access benefits: Check new airport lounge access and reward points changesHDFC Bank has updated its Regalia Gold Credit Card lounge access policy, introducing a spend-based eligibility for domestic airport lounges...
Why India cannot build a world-class fintech champ yetIndia boasts world-class digital finance but lacks global consumer fintechs. Regulatory hurdles prevent innovation, unlike in markets with ...