Banking and Finance News

India’s digital rupee could move beyond payments. Here’s where it may be headed

India’s Finance Minister urges RBI to enhance digital rupee capabilities, advancing its role in tokenised financial assets and secure simultaneous…

September 11, 2026 22:12 IST

HDFC Bank cuts MCLR by 10 bps

HDFC Bank cuts its marginal cost of funds-based lending rate by 5-10 basis points across tenures, amid record liquidity surplus…

Updated: September 8, 2026 05:20 IST

$100 bn and counting: FCNR (B) inflows cross the century-mark

Capital inflows under the FCNR(B) deposit scheme surpassed $100 billion by August 31, boosting India’s forex reserves and supporting the…

Updated: September 2, 2026 05:27 IST

Ujjivan SFB MD seeks early retirement on health ground

Ujjivan SFB MD seeks early retirement on health ground

September 1, 2026 20:30 IST

Revolving loans are not the main product for most NBFCs: Shriram Finance’s Umesh Revankar

The RBI’s proposal to limit NBFCs’ revolving loan products is expected to have minimal impact on Shriram Finance, which focuses…

September 1, 2026 19:33 IST

Bank loan reclassification masks microfinance growth: MFIN

Banks’ reclassification of microfinance loans as retail credit impacted loan growth, with the sector’s gross loan portfolio growing 1.1% sequentially…

September 1, 2026 19:03 IST

HDFC Bank’s succession challenge goes beyond CEO

Sashidhar Jagdishan’s exit removes CEO uncertainty at HDFC Bank, but succession and leadership challenges remain amid regulatory and governance concerns,…

Updated: August 31, 2026 19:04 IST

Federal, Jana SFB merger buzz grows

Federal Bank is reportedly in advanced talks to acquire a controlling stake in Jana Small Finance Bank, potentially leading to…

August 25, 2026 19:32 IST

Explainer: What the reset in interest rate norms means for borrowers

The Reserve Bank of India has proposed a unified framework for loan interest rates and revised deposit norms to increase…

August 25, 2026 19:07 IST

Fairfax bid for IDBI may get nod in a week

The Centre is set to approve Fairfax Financial Holdings’ bid to acquire a 60.72% stake in IDBI Bank, marking a…

Updated: August 25, 2026 05:07 IST

10 years of UPI: Cashless, not cash-free

Ten years ago, India set out to wean itself off cash. The digital revolution arrived — but cash never left.

Updated: August 25, 2026 05:09 IST

One Indian bank in global Top 5? The climb is steep

Even one bank combining all 12 PSBs would rank 16th globally.

Updated: August 19, 2026 17:06 IST

Banks clock highest deposit growth since Dec 2016: CareEdge

Bank deposits surged 15.4% year-on-year by July 31, the fastest since 2016, driven by foreign currency non-resident deposits and strong…

August 17, 2026 21:49 IST

Banking reform panel likely this month; Tems may include consolidation road map

The government is set to form a High-Level Committee on Banking for Viksit Bharat to drive banking reforms, including consolidation…

August 17, 2026 19:10 IST

SBI raises Reg S bonds

State Bank of India raised $500 million through a London bond issue at a 5.25% coupon rate, marking the tightest…

Updated: August 24, 2026 00:29 IST

Lenders seek greater flexibility in pricing

Banks and NBFCs seek flexibility in lending rates under RBI’s proposed interest rate framework aimed at improving transparency and monetary…

August 13, 2026 21:28 IST

FCNR inflows provides support to short end of G-sec curve

The G-sec yield curve is expected to steepen as FCNR-B deposit inflows boost demand for short-term government securities, increasing rupee…

August 13, 2026 19:46 IST

HDFC Bank in talks with 4 West Asian banks to raise $2 billion

HDFC Bank is in talks with four West Asian banks to raise $2 billion for its FCNR(B) scheme, aiming to…

August 13, 2026 19:37 IST

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A new narrative

A new narrative

Choose Your Own Adventure, a beloved book series from the 80s and 90s, has been revived through online interactive storytelling platforms. These platforms let readers become characters and influence the story through their choices, catering to fandom culture and popular genres like fantasy and romance.

View all shorts