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FINANCIAL INSTITUTIONS
One Dashboard Is Enough: RBI allows account aggregator interoperabilityMove seen easing customer acquisition across the financial system – pensions, stocks, insurance, loans, or plain-vanilla banking
S&P projects 12-14% credit growth this fiscal, warns weak monsoon may hit rural lendingS&P Global forecasts a 12-14% increase in financial sector lending despite potential slowdowns in rural areas. Concerns about weak monsoon ...
S&P sees 12-14% credit growth in India despite rural stress risksS&P has projected credit growth of 12-14% in India's financial sector, emphasizing concerns about rural credit growth. The potential impact...
Global Market | Central banks face tougher crisis-management role as public debt rises: BIS chiefBIS chief Pablo Hernández de Cos warned that future financial crises could be harder to manage amid soaring public debt, fiscal deficits an...
UN ‘largely irrelevant’ to major global conflicts, Jaishankar says, calls for reformS Jaishankar addressed the need for reform in the United Nations during the 5th Kautilya Economic Conclave. He pointed out the UN's irrelev...
US warns foreign financial institutions not to do business with IranOn October 5, 2026, the US Treasury issued a warning to foreign financial institutions regarding transactions with Iran. It stated that suc...
More than half of Gen Z investors are putting investment money into sports betting - here’s why they still struggle to break evenTwo in five Gen Z adults view sports betting as an investment strategy. Betterment data shows 52% of young retail investors redirected stoc...
Sebi launches awareness campaign to help investors in informed decision makingSebi has launched the ‘Samajh Se Investing Simple’ campaign under Project Jagrook to simplify investing, promote informed decisions and pre...
South Korean president orders probe into data leaks across financial industryFinancial Services Commission (FSC) Chairman Lee Eog-weon convened an emergency meeting with financial industry associations, regulators an...
Next financial crisis may stem from cyberattack or geopolitical shock, RBI governor saysRBI Governor Sanjay Malhotra said the next financial crisis may be triggered by geopolitical shocks, cyberattacks or technology failures ra...
RBI rate hike unlikely to trigger broad-based NBFC asset quality stress: ReportA report from Nuvama Institutional Equities indicates that a potential RBI rate hike may not significantly stress NBFC asset quality. Past ...
AI tools suspected in Korea’s Shinhan Bank hack, Yonhap SaysAttackers probably used sophisticated AI agents to probe for vulnerabilities and gain unauthorized access to a service used by loan recruit...
Govt close to picking private AI integrator for DigiLockerThe Ministry of Electronics and Information technology's (MeitY) ongoing empanelment process will bring in artificial intelligence (AI) int...
Books, coffee and banking: Anup Bagchi the ICICI lifer set to lead HDFC BankAnup Bagchi, who has spent 34 years at ICICI Group, will join HDFC Bank as managing director. He has held various leadership roles, oversee...
ET EXPLAINER: How RBI’s new valuation rules change the way banks view REITs, InvITsThe Reserve Bank of India has amended the valuation framework for Real Estate Investment Trusts and Infrastructure Investment Trusts. These...
NABARD brings banks, government together to ease Kisan Credit Card access in DelhiNabin Kumar Roy, Chief General Manager, NABARD, emphasised that enhancing farmers access to Kisan Credit Cards remains a priority and calle...
RBI amends valuation rules for InvIT, REIT units held by all-India financial institutionsThe RBI has amended valuation norms for InvIT and REIT units held by all-India financial institutions, introducing separate provisions for ...