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Insurers face margin pressure amid rising competition, costs; rural protection gap persists: ReportIndian insurers are feeling the pinch from fierce price wars and increasing operational expenses. To thrive, they must manage capital wisel...
Warren Buffett on stock market: Fools give you reasons, wise men never tryWarren Buffett gave himself a D in capital allocation – his worst grade ever. But the confession came along with a warning that would prove...
FCNR(B): Revisiting a proven crisis management toolFacing renewed external sector pressures, the RBI has revived a version of the FCNR(B) deposit framework to attract foreign currency inflow...
HDFC Bank shares drop 25% in 2026. Buying opportunity or falling knife?HDFC Bank shares have plummeted over 25% this year, driven by governance concerns following the former chairman's resignation and an intern...
Central Bank of India 'blessed' with liquidity, now we are building the capability to deploy it better: CMD Kalyan KumarCentral Bank of India is set to expand its services with new initiatives including launching credit cards and a wealth management business....
RBI may have to bear forex risk to boost foreign money inflowsIndia may need central bank support to attract dollar investments, potentially through forex deposit schemes, to cover exchange risks and o...
Public sector banks rush to build up wealth management assetsThe move is aimed at improving customer engagement as household savings shift from bank deposits to market-linked instruments and risk prod...
Lifetime free travel credit card offer for Eterna extended by BOBCARD till June 30, 2026; Here’s what it offersBOBCARD has extended its lifetime free offer on the ETERNA travel credit card until June 30, 2026, for new customers. This premium card pro...
Game of cards: Top banking players opt for tight gambit, rivals up the anteSince the start of the calendar year, major devaluations have hit multiple premium and super-premium cards, shocking the high spenders. No ...
Nandan Nilekani, Pramod Varma eye AI-led global rails for commerce in next leapThe architects of India’s digital public infrastructure (DPI), Nandan Nilekani and Pramod Varma, are now attempting their next leap: buildi...
UPI driving digital shift in India, but is not a money maker: Mastercard CFOIndia, which has primarily been a cash-based economy, now leads the world in real-time digital payments, accounting for almost 40% of all s...
HSBC India launches 'ONDC in a box'HSBC India has launched 'ONDC in a Box', making it the first foreign bank in India to offer an ONDC-enabled proposition. The Open Network f...
Airtel Payments Bank partners with IndusInd Bank to offer FD facilityCustomers can now book fixed deposits starting from Rs 500 up to Rs 190,000 within minutes through a seamless digital journey on the Airtel...
Airtel Payments Bank offers 6% per annum interest on deposits of over one lakh rupeesAnnouncing the higher interest rate on savings account deposits of over Rs 1 lakh, Anubrata Biswas, CEO of Airtel Payments Bank, said, "RBI...
Airtel Payments Bank announces 'Rewards123' savings account; offers benefits on digital transactionsCustomers can get 'Rewards123' at an annual fee of Rs 299 and avail benefits ranging from certain cashback per month on payments for prepai...
NPCI sets up subsidiary for exporting UPI to international markets: RBI governorUPI is an interoperable instant fund transfer technology created by NPCI that enables interbank fund transfer. There are currently 140 memb...
Freecharge looking to cash in on fintech boomThe payments company, which is now a wholly-owned subsidiary of private-sector lender Axis Bank, is looking at starting the financial servi...
Small payment companies look to cash in on digital pay boomA clutch of small payment entities like Trupay and Benow are trying to take retail cash payments digital.
KYC norms could burn a hole in e-wallet companies pocketsComplying with RBI's requirements could cost digital payments firms Rs 120 - Rs 200 per customer.
Axis bank launches contactless debit cards with VisaAxis Bank's Secure+ cards have an embedded microchip and an antenna (based on radio frequency) enabling "contactless" communication with a ...