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FINANCIAL INSTITUTIONS
China lowers funding costs with shift to overnight policy rateChina's central bank has implemented a major alteration to its monetary policy by establishing an overnight lending rate, which injects sub...- Digital payments firms race to fortify defences as cyberattacks intensifyAt Bengaluru-based Cashfree, attempted attacks have been taking place repeatedly over the past three weeks, occurring at least 10 times as ...
- Cyberattacks on banks, including AU Small Finance Bank, worry insurers as claim risks riseCyberattacks targeting financial institutions have raised concerns about security vulnerabilities and potential losses. AU Small Finance Ba...
- BITS Pilani opens scholarship doors wider, offers full fee waiver to top 1,000 rankersBITS Pilani will offer full four-year tuition scholarships to candidates ranked among the top 1,000 in BITSAT from 2027, subject to an annu...
- NMMS scholarship 2026-27 deadline extended: Check new date, eligibility and application processThe Ministry of Education has extended the NMMS scholarship application deadline for the 2026-27 academic year to November 15. Students can...
- ICAI to issue guidance note for auditing multi-state cooperativesICAI will issue a guidance note for auditors of multi-state cooperative societies following the government's notification of the Multi-Stat...
- Govt sets up banking committee under Suresh N Patel to chart reforms for Viksit BharatThe government on Friday constituted a High Level Committee on Banking for Viksit Bharat, appointing former Central Vigilance Commissioner ...
- Value of audit lies in its contribution to improved governance: CAG Sanjay MurthyCAG K Sanjay Murthy highlighted the value of audit in governance and public financial management during a conference in Viet Nam. He discus...
- Why are nearly 2,000 MBBS seats vacant in India? Private and state medical authorities ask NMC to step inDespite numerous rounds of counseling, approximately 2,000 MBBS seats in India still remain empty. High tuition fees are deterring potentia...
- RBI tightens cyber checks on lenders after spate of hacksIndia's banks are facing increased scrutiny from the Reserve Bank of India regarding rising cyberattacks and AI risks. Recent incidents inc...
- SC cracks down on banks, seeks mandatory payouts to cyber fraud victimsThe Supreme Court has questioned the Reserve Bank of India's effectiveness in preventing digital fraud. Financial institutions must be held...
- Fintechs to lay out a code for technology vendors amid rising cyberthreats and security risksUnified Fintech Forum is developing a framework to encourage best practices among technology service providers. This initiative aims to imp...
- SC calls for compensation to digital fraud victims if banks fail due diligenceThe Supreme Court has highlighted banks' accountability regarding digital fraud, asserting that victims deserve compensation for losses due...
- IMF proposes China’s Min Liao as deputy managing director, Bo Li to exit in NovemberThe International Monetary Fund has nominated Min Liao, China’s Vice Minister of Finance, for Deputy Managing Director. His appointment fol...
- Green financing in India rises to $82 billion, but flows mostly to established sectors: ReportThe Landscape of Green Finance in India, now in its fourth edition, maps actual finance flows or disbursements across sources, instruments,...
- Global Market: Nomura Holdings Q2 profit rises 13% on wealth management growthNomura Holdings reported a 13% YoY rise in second-quarter net profit to 103.7 billion yen, supported by strong wholesale earnings and stead...
- Urban Company taps Morgan Stanley for Rs 2,500 crore QIPA significant portion of the proceeds is expected to go towards InstaHelp, its instant house help business, which has been incurring heavy ...
- China's central bank sets up non-bank financial institution bond market swap facilityChina's central bank has introduced the Bond Market NBFI Swap Facility as of Monday. This initiative is designed to stabilize the bond mark...
- RBI data centre to strengthen payment systems, cyber resilienceThe Reserve Bank of India inaugurated a new sovereign data centre to enhance the resilience of financial services and reduce reliance on th...
- Want to become a financial adviser? Best financial planning courses and institutes in India explainedThe career change of Sumit Aggarwal to a mutual fund distributor illustrates a notable trend within the financial advisory realm in India. ...
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