AI in banking must move beyond retail to farms, MSMEs: SBI Chairman SettyIn a recent statement, CS Setty, Chairman of the State Bank of India, underscored AI's transformative potential for the Indian banking sect...
11 Aug, 2026, 11.47 AM IST
FCNR (B) FD premature withdrawal rules: Check penalty and interest rate rules of HDFC Bank, SBI, ICICI Bank, Axis Bank, Kotak Mahindra BankFCNR(B) deposits serve as a reliable investment option for NRIs wishing to secure foreign earnings in India. Penalties can differ across in...
11 Aug, 2026, 09.53 AM IST
- NBFCs outpace banks in June as cards lose some credit
NBFCs outpaced banks in retail lending growth in June, with loans rising over 20% year-on-year compared with 16% for banks. Growth was driv...
11 Aug, 2026, 12.46 AM IST
HDFC Bank cuts MCLR by 5 bps, Bank of Baroda raises 3-month rate by 10 bpsHDFC Bank reduced its lending rates by five basis points across maturities. Bank of Baroda will increase its three-month lending rate by te...
10 Aug, 2026, 11.06 PM IST
Delhi State Cooperative Bank to venture into financing farmers, artisansInaugurating the programme, Nabin Kumar Roy, Chief General Manager, NABARD, highlighted the critical role of cooperative banks in financial...
10 Aug, 2026, 07.03 PM IST
Rupee weakness cushioned by central bank intervention, shorts grow waryThe Indian rupee ended the day with minimal fluctuations, influenced primarily by oil market dynamics and moves from the central bank. Stat...
10 Aug, 2026, 04.24 PM IST
Parliament passes Bankers' Books Evidence Bill to recognise digital banking records as legal evidenceParliament has approved the Bankers' Books Evidence Bill, 2026, marking a significant advancement in accepting digital records within the b...
10 Aug, 2026, 04.19 PM IST
UK's Revolut wins French banking licence in fresh push across EuropeFintech firm Revolut has obtained a French banking license. This move signifies a major step in its European expansion plans. The company i...
10 Aug, 2026, 02.31 PM IST
Banks or NBFCs? DSP's Preethi R S explains where she sees the best opportunitiesDSP Mutual Fund’s Preethi R S remains constructive on India’s financial sector, favouring lenders with strong deposit franchises, disciplin...
08 Aug, 2026, 11.30 AM IST
Saturday bank holiday: Are banks open or closed today on August 8, 2026? Check if HDFC Bank, SBI, PNB and others are openBank customers are advised to stay informed about upcoming holiday schedules that could impact banking operations. National and religious h...
08 Aug, 2026, 07.00 AM IST
RBI proposes a leverage ratio of 3.5% for ‘important’ global banksThe Reserve Bank of India has proposed new leverage ratio requirements for banks. Globally systemic important banks will face a minimum 3.5...
08 Aug, 2026, 12.48 AM IST
ICICI Bank, Axis Bank tap dollar debt again in less than two months: ReportICICI Bank and Axis Bank have returned to the U.S. dollar debt market, each looking to raise $300 million through upcoming bond issues, set...
07 Aug, 2026, 04.13 PM IST
Banks tone down rate-hike bets as RBI sounds dovish on pricesSome banks now anticipate fewer policy rate increases from the Reserve Bank of India. Yes Bank and State Bank of India have revised their e...
07 Aug, 2026, 06.05 AM IST
JSW Energy RE arms borrow ₹4,000 cr from banks, NaBFIDJSW Energy's renewable arms secured over four thousand crore rupees in long-term loans. These funds will finance ongoing and future renewab...
07 Aug, 2026, 12.49 AM IST
'No US lawsuits filed yet, ready to defend on facts if needed': HDFC Bank CEO clarifies on governance allegationsHDFC Bank assured shareholders about its strong governance credentials. No US lawsuits have been filed against the bank following investiga...
06 Aug, 2026, 12.51 AM IST
ICICI Securities initiates coverage on 7 PSU banks with positive valuationsICICI Securities commenced its analysis on seven public sector banks, giving most a Buy rating. They predict a strong return on equity for ...
04 Aug, 2026, 02.03 PM IST
FIIs build a new Banking XI without the usual heavyweights. Will the big banks return?Foreign investors reduced stakes in large banks during the June quarter. They simultaneously increased holdings in several mid-sized and sm...
04 Aug, 2026, 09.24 AM IST