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FinMin to meet chiefs of PSU banks on Fri to review credit flow to agri, MSME sectorsPublic sector banks posted record profits of Rs 1.98 lakh crore in the financial year ended March 2026. The finance ministry will meet bank...27 May, 2026, 06.33 PM IST- LIC emerges as highest profit-making financial company in March quarterLife Insurance Corporation of India has achieved the highest profit in the Indian financial sector for the March quarter. The company repor...24 May, 2026, 10.45 AM IST
- Banks need to push Atal Pension Yojana subscribers toward higher pension slab: DFS SecyFinancial institutions are urged to guide Atal Pension Yojana subscribers towards higher pension slabs. Many subscribers remain in the mini...20 May, 2026, 04.22 PM IST
- More than 8,800 cases admitted under IBC, creditors realise over Rs 4.11 lakh cr till Dec 2025India's Insolvency and Bankruptcy Code has seen significant success. By December 2025, over 8,800 corporate insolvency cases were admitted....19 May, 2026, 11.40 PM IST
- Insurance cos expand war-risk cover in UAE as tensions riseWar-risk insurance is now available for everyday consumers in the UAE. Insurers are offering new policies for cars, cargo, and travel. This...15 May, 2026, 12.15 AM IST
- India launches $1.5 billion maritime insurance pool, issues first coversIndia has launched its significant Bharat Maritime Insurance Pool. The initiative aims to bolster domestic maritime trade by reducing depen...13 May, 2026, 12.46 AM IST
- Will provide insurance to all vessels coming to or going from India: DFS Secretary NagarajuIndia has launched its own maritime insurance pool. This initiative aims to support Indian maritime trade. Vedanta Sterlite, Balrampur Suga...12 May, 2026, 09.07 PM IST
- Jan Suraksha enrolments near 940 million as govt weighs benefitsIndia's Jan Suraksha schemes have secured almost 940 million people. These programs offer life and accident insurance and pension benefits....10 May, 2026, 12.27 AM IST
- Jan Suraksha revamp: PMJJBY, PMSBY, APY may see increase in sum insuredThe government is contemplating a substantial expansion of insurance benefits within its renowned Jan Suraksha initiatives. This strategy i...08 May, 2026, 01.28 PM IST
- Fin services secy warns banks of mythos risksFinancial services secretary M Nagaraju warned the banking community about the potential risks posed by Anthropic's Mythos AI model. He emp...08 May, 2026, 01.03 AM IST
- ECLGS 5.0 to help SBI open ₹70,000–₹80,000 crore credit line: Chairman CS SettyIn a pivotal stride towards economic recovery, the government has unveiled ECLGS 5.0, aimed at fortifying MSMEs and the airline industry am...07 May, 2026, 05.45 PM IST
- Beware! Finance Secretary Nagaraju warns banks about risk from MythosIndian financial authorities are alerting banks to the significant risks from advanced AI models. Secretary M Nagaraju highlighted the pote...07 May, 2026, 04.15 PM IST
- Axis Bank opens its first digital locker-focussed branchAxis Bank has opened its first digital locker branch in New Delhi. This new facility aims to provide advanced security and customer experie...02 May, 2026, 02.20 PM IST
- Banking panel to tackle PSUs' balance sheet constraints, boost capital use: DFS Secretary M NagarajuA new committee will examine public sector banks' capital needs. India aims to boost its corporate bond market, allowing more companies acc...01 May, 2026, 07.05 PM IST
- FinMin asks banks to adopt MuleHunter AI tool of RBI to check cyber fraudsFinancial Services Secretary M Nagaraju urged banks to adopt the RBI's MuleHunter AI tool to combat financial cyber frauds and mule account...30 Apr, 2026, 11.35 PM IST
- Banks asked to expand digital infra for last-mile reachFinancial services secretary M Nagaraju on Wednesday reviewed the progress of financial inclusion schemes with public sector banks (PSBs) a...30 Apr, 2026, 12.42 AM IST
- Finance Secretary reviews PSU insurance strategyFinancial services secretary M Nagaraju reviewed strategy documents for four public sector insurance companies. He directed them to boost i...30 Apr, 2026, 12.28 AM IST
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