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Private banks currently dominate, with fee income contributing 22% of their total income in FY25. (Image Source: Freepik)
Fee income comes to banks’ rescue

Indian banks are increasingly relying on cross-selling to boost fee-based income, driven by pressures from lower credit growth and slowing…

Deposit insurance, banking, New India Co-operative Bank, NICB, banks, DICGC, Deposit Insurance and Credit Guarantee Corporation
Bank deposit cover may be doubled

The deposit insurance coverage limit has been enhanced six times since 1962, from Rs 1,500 per depositor to Rs 1…

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MrBeast acquires Gen-Z focused banking app Step, used by over 7 Million young users
MrBeast acquires Gen-Z focused banking app Step, used by over 7 Million young users
Trending News28 min ago

YouTube star Jimmy Donaldson, better known as MrBeast, announced on social media that his company, Beast Industries, has acquired Step, a financial services platform. “Nobody taught me about investing, building credit, or managing money when I was growing up,” the 27-year-old said. “I want to give millions of young people the financial foundation I never had.”