The safe keepers: Inside India's booming locker economyIndia’s locker economy is booming amid rising gold prices and household wealth. While banks remain the preferred repository, private vault ...
07 Jun, 2026, 08.41 AM IST
RBI governor says no plans to ease net open position restrictionsThe Reserve Bank of India will maintain its restriction on banks' net open positions. Governor Sanjay Malhotra confirmed no plans exist to ...
05 Jun, 2026, 07.07 PM IST
US economy remains strong, India must accelerate reforms and AI adoption: Ajay SrivastavaMarket veteran Ajay Srivastava highlights the U.S. economy's robust performance, contrasting it with Indian investors' perceptions. He emph...
04 Jun, 2026, 02.07 PM IST
The rupee warning: Six actions for business leadersThe Indian rupee is dipping to historic lows, approaching the 100-dollar threshold. Driven by market sentiment and a perilous cycle of fore...
04 Jun, 2026, 11.40 AM IST
PNB customer alert: PSU bank suspends MasterCard network activity linked to RussiaPunjab National Bank customers using MasterCard for international transactions face continued suspension of services linked to Russia. This...
03 Jun, 2026, 06.14 PM IST
Regional curbs dampen microfin revival in South India as biz looks upTamil Nadu saw a 2.3% quarter-on-quarter squeeze in the state's microfinance outstanding portfolio to Rs 38,900 cr at the end of March, whi...
03 Jun, 2026, 06.44 AM IST
EasyJet says possible US bid 'highly opportunistic' as shares jump 10%EasyJet responded on Monday by saying it has not held talks with Castlelake but it would assess any potential offer if one was made, noting...
01 Jun, 2026, 07.49 PM IST
Banks are cutting credit card perks quietly; Learn how to get more value from your walletMany banks have recently reduced credit card rewards, cashback limits, and perks, prompting cardholders to reassess their spending strategi...
01 Jun, 2026, 06.30 AM IST
IIFCL eyes record loan sanction of ₹75,000cr in FY27IIFCL aims for a record ₹75,000 crore in loan sanctions this financial year. The government has removed SIFTI restrictions, giving the lend...
01 Jun, 2026, 12.53 AM IST
IIFCL eyes Rs 75,000 crore sanctions in FY26 after record year, says MD Rohit Rishi, NPA Drops to 0.40%India Infrastructure Finance Company Ltd (IIFCL) aims for Rs 75,000 crore in sanctions for FY26, a significant increase. This expansion fol...
30 May, 2026, 10.25 AM IST
Mythos alert: Banks, telcos take test to check cybersecurity scoreMythos cyber audit: Companies are testing their public-facing assets using existing AI models such as Opus 4.7 and GPT 5.5 and have also as...
28 May, 2026, 01.37 PM IST
Free airport lounge access via credit cards is getting tougher as banks tighten entry rules, set minimum spending criteriaThe logic is simple: lounge access has become a heavily used perk. Banks earlier assumed that only premium customers or frequent flyers wou...
25 May, 2026, 10.58 AM IST
Can banks block your mobile in case of loan default? RBI lays down rules for restricting services; Rs 250/hour compensation in this caseIf the lender bank decides to deploy any technology-based mechanism for restricting or disabling the functionalities of a mobile device of ...
21 May, 2026, 01.29 PM IST
RBI proposes rules to let lenders disable phones for loan defaultsThe Reserve Bank of India is proposing to allow lenders to disable certain mobile phone functions for loan defaulters, specifically for dev...
20 May, 2026, 07.26 PM IST
Sebi allows pledging of securities under non-discretionary PMS framework with safeguardsSebi clarified that clients under the non-discretionary portfolio management services (ND-PMS) framework can pledge securities for their ow...
19 May, 2026, 05.53 PM IST
Higher gold import duty may boost gold loan demand, says Nirmal JainIncreased import duties on gold, while potentially impacting jewellery demand, present new opportunities for the gold loan industry. Higher...
13 May, 2026, 02.16 PM IST
Global Markets | Australia shares fall as CBA plunges 10% on earnings miss, housing tax changesThe budget proposed restricting negative gearing to newly built homes and replacing the 50% capital gains tax discount with inflation inde...
13 May, 2026, 02.09 PM IST