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Rajiv Bajaj to exit Board of Bajaj Finserv tooRajiv Bajaj is moving on from his role on the board of Bajaj Finserv, a transition that follows his earlier departure from Bajaj Finance. T...
These 8 banking stocks have an upside potential of up to 26% in 1 year, according to analystsIf oil prices stay at higher levels, some FPIs with exposure to the Indian banking sector through ETFs might decide to sell, putting these ...
Sachin Bansal’s Navi in talks to raise $250-300 million from Prosus, Accel USSachin Bansal's Navi Technologies is in talks to raise $250-300 million at a $1.8-2 billion valuation, potentially from Prosus and Accel Gr...
Banks likely to go all out to attract diaspora investmentRBI's decision to bear the hedging cost on FCNR-B deposits and exempt banks from maintaining the cash reserve ratio and statutory liquidity...
State Bank of India hands over Rs 8,813 cr dividend cheque to government for FY26SBI presented a dividend cheque of Rs 8,813 crore for the financial year 2025-26 to Union Finance Minister Nirmala Sitharaman. This payout ...
Free flow of FCNR(B) money: RBI to bear hedging costs on NRI FX deposits, easing banks’ overseas fundingThe Reserve Bank of India is now covering all hedging costs for banks raising foreign currency deposits. This move aims to make these depos...
RBI to bear full hedging cost on FCNR(B) depositsThe Reserve Bank of India is now covering all hedging costs for banks raising foreign currency deposits. This move aims to attract more ove...
RBI approves Sahamati as SRO for Account Aggregator ecosystemThe Reserve Bank of India has recognized Sahamati as the Self-Regulatory Organisation for the Account Aggregator ecosystem. This move forma...
Rupee rises 50 paise to 95.24 against US dollar post RBI policy decisionThe rupee strengthened significantly against the US dollar, gaining 50 paise to reach 95.24 following the RBI's liberalization of FPI inves...
Credit guarantee scheme for MFIs still stuck in low gearBanks have received an aggregate loan demand of Rs 10,000-12,500 crore under the scheme, according to people familiar with the matter. Whil...
Kuku FM readies public market debut; SoftBank books Lenskart gainsKuku FM's parent has taken the first step towards a stock market listing. This and more in today's ETtech Top 5.
Central Bank of India targets over Rs 3,500 crore bad-loan recovery in FY27Central Bank of India plans significant recovery from bad loans exceeding Rs 3,500 crore in FY27. The bank will also introduce wealth manag...
PhysicsWallah revises lending strategy, to partner with NBFCs for student loansIn a filing on June 4, the company said it will now tie up with third-party non-banking financial companies (NBFCs) instead of lending thro...
RBI’s Swaminathan warns banks on rising risks beyond balance sheetsIndian banks face a new era of resilience. RBI Deputy Governor Swaminathan J highlighted the need to manage complex uncertainties from geop...
China out, India in? The Japanese begin a quiet but powerful pivotJapanese banks are increasingly shifting their Asia strategy from China to India and Southeast Asia as slowing growth, rising costs and geo...
These 7 private and public banking stocks have an upside of up to 23% in one year, according to analystsGiven how the market has moved in the last five-six trading sessions, the probability is high that a new readjustment trade has started. Th...
SBI Chairman, Apple India MD among 29 members appointed to Board of TradeThe government has appointed 29 non-official members to the Board of Trade. This includes prominent figures like SBI Chairman CS Setty and ...
Fintech lenders corner 77% of India's personal loan market by volume in FY26Fintech lenders now lead India's personal loan market by loan count. These digital NBFCs are disbursing small-ticket loans, reaching more c...
Oxyzo Financial Services FY26 net profit rises 11% to Rs 375 crore, on 23% revenue jumpThe profitable fintech lender is looking to widen its debt-market play through the acquisition of Rainmatter-backed GoldenPi Technologies, ...
RBI highlights strong banking sector health, says lenders can withstand severe shocksIn the fiscal year 2025-26, India's financial landscape demonstrated remarkable stability. Both banks and non-bank entities showcased solid...