‘No hurry for CBDC nationwide rollout’: RBI Deputy Governor says ‘focus on creating sufficient use cases’
FM Nirmala Sitharaman launches foreign currency settlement system at GIFT IFSC to enable real-time settlements Finance Minister Nirmala Sitharaman launched the foreign currency settlement system at GIFT IFSC. Speaking at the Global Fintech Fest 2025,… By PTIOctober 7, 2025 13:25 IST
Are banks open or closed today? Check full list of state-wise bank holidays in October Bank Holiday in October 2025, Valmiki Jayanti Today: Banks are closed today, October 7, in Bengaluru, Bhubaneswar, Chandigarh, and Shimla… By FE BusinessUpdated: October 7, 2025 12:48 IST
Human error mars pilot for same-day cheque clearing The shift from physical cheque transfers to digital uploads represents a trade-off: faster processing for stricter quality control. Under the… By FE BureauOctober 7, 2025 03:25 IST
BoI domestic gross loans rise 14.6%, deposits up 8.5% On Monday, the shares of Bank of India closed 0.2% higher at Rs 125.81, while the shares of Jammu &… By FE BureauOctober 7, 2025 02:47 IST
UPI debuts in Qatar for domestic retail payments In September, UPI acceptance was enabled at Qatar duty free outlets at Doha airport. Other nations where UPI has been… By Mukesh JagotaOctober 7, 2025 00:45 IST
Zoho expands fintech reach with PoS launch The company’s payments arm operates as a Reserve Bank of India-licensed payment aggregator and a Bharat Bill Payment Operating Unit,… By Urvi MalvaniaOctober 7, 2025 00:09 IST
IIHL acquires 100% stake in Sterling Bank IIHL has done various other acquisitions in BFSI till date. It acquired 100% stake in Reliance Capital, Reliance Nippon Life… By FE BureauOctober 6, 2025 23:53 IST
Cooperative banks attract investors with higher rates With RBI brining in a risk-based premium model for deposit insurance, the rate differential may fall, say experts By Mahesh NayakOctober 6, 2025 18:42 IST
BoB’s global business up 10.5% in Q2 Bank of Baroda (BoB) reported a 10.5% YoY rise in global business for Q2, with advances outpacing deposit growth, particularly… By FE BureauOctober 5, 2025 22:40 IST
Total deposits growth higher vs gross loans in Q2 Provisional Q2 FY26 data for six Small Finance Banks (SFBs) reveals deposits grew marginally faster (17.2% Y-o-Y) than gross advances… By Kshipra PetkarUpdated: October 7, 2025 03:37 IST
Debt has become a strategic growth layer for mature startups: BlackSoil Capital BlackSoil Capital, the NBFC arm of BlackSoil Group, successfully raised ₹210 crore in debt during the first half of the… By S ShanthiOctober 5, 2025 18:43 IST
PSB consolidation may resume by fiscal-end India’s Public Sector Bank (PSB) consolidation process is set to restart after a six-year gap, beginning by the end of… By Prasanta SahuOctober 5, 2025 18:34 IST
PNB’s domestic loans rise 10.7%, deposits grow 10.4% Provisional Q2 business updates for top banks reveal varied trends: PNB reports double-digit YoY growth in domestic advances (10.7%) and… By fe BureausOctober 4, 2025 05:08 IST
Hold on to your balanced advantage funds As market volatility increases and major indices (Nifty, Midcap, Smallcap) have corrected by 6-9.5% over the past year, Balanced Advantage… By Saikat NeogiOctober 3, 2025 22:11 IST
M&As: Private credit funds unfazed by entry of banks India’s private credit players remain largely unconcerned by the RBI’s decision to allow banks to fund M&A acquisitions, as this… By Raghavendra KamathUpdated: October 4, 2025 12:58 IST
Corporate lending set to revive in H2 Corporate bank lending, subdued in H1, is expected to pick up significantly in the second half of FY26. New RBI… By Raghavendra KamathOctober 3, 2025 18:51 IST
RBI releases draft proposal on easing foreign currency borrowing rules The RBI has proposed easing rules on external commercial borrowings, allowing firms to borrow up to $1 billion or 300%… By FE BusinessOctober 3, 2025 16:18 IST
Growth in loans against shares at 19-month low Bank credit growth against shares and bonds slowed to a 19-month low of 0.9% in August due to market caution… By Kshipra PetkarUpdated: October 2, 2025 19:44 IST
Goldman Sachs warns of layoffs amid AI push, memo reveals company working on ‘limited reduction in roles’
Who is Ashley Tellis? India-origin policy expert arrested in US over secret links with China, hoarding classified documents
‘Markets have downplayed potential effects of tariffs,’ warns IMF, raises India’s FY26 GDP growth forecast to 6.6%
