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Loan book to cross Rs 2 lakh crore milestone in FY27: HUDCO CMDHousing and Urban Development Corporation Ltd expects its loan book to exceed two lakh crore rupees. The company plans to borrow seventy-fi...
RBI proposes leverage buffer for branches of global systemically important banksUnder the draft directions, a branch of a G-SIB operating in India will be required to maintain a minimum leverage ratio of 3.5 per cent, a...
UPI to remain free for consumers, says Payments Council of IndiaThe Payments Council of India clarified UPI transactions will remain free for consumers. Small merchants, including kirana stores, will als...
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...
Payments Council backs UPI merchant charges, says users, small businesses will remain exemptPCI said small merchants, including kirana stores, should not be charged for accepting UPI payments. Any merchant service charge would be a...
NBFC gold jewellery loans jump 69 pc in June, fastest across segments: RBI dataNon-Banking Financial Company gold loans surged significantly by June 2026. Retail credit remained the primary driver for NBFC lending grow...
Muthoot Microfin awaits RBI response before raising ECBThe Kochi-based microfinance company received sanction letters from overseas investors in January and it has time till September to draw do...
Riyadh Air aims to add 2nd India destination by end-2026: Senior executiveRiyadh Air aims to launch a second Indian destination by year-end. The Saudi carrier is focusing on premium travelers and cargo traffic. Mu...
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...
India must not rewrite its UPI policies under US pressure: GTRIIndia's UPI policies should not be altered due to United States pressure. A think tank advises defending competition and policy autonomy fo...
No case for early closure or extension of swap window: RBIThe Reserve Bank of India will not close the swap window early. Robust foreign currency inflows have strengthened India's balance of paymen...
These 7 banking stocks have an upside potential of up to 25% in 1 year, according to analystsLet us assume FPI buying continues. That last month was not a one-off, but the start of a trend. If so, then sooner or later this money wil...
Banks mobilise $27.99 billion via FCNR deposits since RBI introduced USD-rupee forex swap facilityBanks have mobilized USD 27.99 billion from non-resident Indians through a forex swap facility. Domestic payment frauds across all banks am...
RBI provides banks greater flexibility to determine bulk deposit interest rates; changes effective from October 1, 2026New Reserve Bank of India rules will change bank deposit interest rate disclosures starting October 2026. Banks will gain flexibility in se...
India's bank credit growth remains robust at 18.6% in June 2026; NBFC, retail lending drive momentum: ReportIndia's average bank credit growth remained robust in June 2026, supported by healthy retail lending and strong credit flow to non-banking ...
Deposit rates rise as banks fight for fundsBanks increased fresh term deposit rates in June, led by private lenders. The average domestic term deposit rate rose to 5.99% for schedule...
RBI issues revised Basel Pillar 3 disclosure framework for commercial, small finance and payments banksThe Reserve Bank of India has revised its Basel Pillar 3 disclosure framework. These amendments aim to strengthen market discipline through...