Banking & Finance ‘MCLR-linked loans to account for 54% of our book by year-end,’ Ajay Kumar MD and CEO Indian Overseas Bank Banking & Finance
FE Best Banks Awards 2025: ‘Banks must scale up, fund MSMEs,’ says Amit Shah Home Minister Amit Shah challenged Indian banks at the FE Best Banks Awards to scale up and join the world’s… By FE BureauUpdated: September 26, 2025 08:54 IST
Explainer: The growing menace of digital arrest scams A 78-year-old retired banker in Delhi lost ₹23 crore in India’s largest “digital arrest” scam, highlighting a cybersecurity crisis where such… By Banasree PurkayasthaSeptember 25, 2025 21:08 IST
Amit Shah to be Chief Guest at FE Best Banks Awards today Union Home Minister Amit Shah will be Chief Guest at the 17th FE Best Banks Awards in Mumbai, presenting honours… By FE BureauUpdated: September 25, 2025 10:33 IST
GST 2.0: Credit card spends up fivefold in 3 days GST 2.0 boosts consumer spending as credit card transactions surge fivefold in first three days. SBI, BOBCARDS, and RBL Bank… By Mahesh NayakUpdated: September 25, 2025 08:09 IST
Fresh loan rates start hardening Fresh loan rates are rising as banks increase mark-ups to safeguard margins amid uneven deposit cost adjustments. With PSU banks… By Mahesh NayakSeptember 24, 2025 19:38 IST
Banker of the year awardee Amitabh Chaudhry: The human factor in institution-building Amitabh Chaudhry, Axis Bank CEO and Banker of the Year awardee, has redefined banking by blending technology, empathy, and inclusivity.… By Mahesh NayakUpdated: September 24, 2025 15:11 IST
System liquidity turns deficit first time in FY26 System liquidity in India fell to a deficit for the first time in FY26, prompting RBI to conduct Rs 1… By Christina TitusSeptember 23, 2025 21:43 IST
FE Exclusive poll: RBI to hold on to rates Most economists in an FE poll expect RBI to keep repo rate unchanged in October amid rupee weakness and benign… By Kshipra PetkarSeptember 23, 2025 21:13 IST
Trust is the currency of banking: Rajeshwar Rao RBI Deputy Governor Rajeshwar Rao says trust is the key currency in banking. AI can enhance credit monitoring, risk scoring,… By FE BureauSeptember 22, 2025 23:19 IST
Aditya Birla Capital to raise Rs 2,000 crore via multi-tenor bond issuance: Report Aditya Birla Capital plans a Rs 2,000 crore bond sale to fund digital lending, asset management, and insurance growth. Motilal… By FE BusinessSeptember 22, 2025 14:02 IST
RBI to conduct Rs 1 Lakh crore overnight VRR on Monday The RBI is set to conduct a Rs 1 lakh crore overnight variable rate repo (VRR) auction to inject liquidity… By FE BureauSeptember 20, 2025 08:07 IST
‘Need to go beyond USD-INR corridor’, says RBI Governor RBI Governor Sanjay Malhotra is urging the Clearing Corporation of India (CCIL) to build infrastructure for multi-currency trading of the… By Mahesh NayakSeptember 20, 2025 07:20 IST
CSS funds to be routed via RBI from November In a major financial reform, the Indian government will now route all Centrally Sponsored Scheme (CSS) funds through the RBI’s… By Prasanta SahuSeptember 19, 2025 22:04 IST
PhonePe secures RBI’s final nod to operate as online payment aggregator The company believes the nod positions it to serve a broader spectrum of enterprises seeking reliable and secure payment processing… By FE BusinessUpdated: September 19, 2025 22:35 IST
Get the right card for festive spends With GST rate reductions and the festive season underway, using co-branded credit cards can unlock significant savings. By Saikat NeogiSeptember 19, 2025 20:37 IST
SMBC completes Yes Bank stake buy, nominates 2 directors Sumitomo Mitsui Banking Corporation (SMBC) has completed its acquisition of a 20% stake in Yes Bank, making it the largest… By FE BureauSeptember 19, 2025 00:06 IST
NaBFID launches partial credit enhancement facility In order to address the infrastructure spending requirement, India must tap into its domestic reservoirs of patient capital, specifically the… By Kshipra PetkarSeptember 18, 2025 19:56 IST
Corporate bond yields remain high The corporate bond market has already started showing signs of revival in September after a dull activity in the previous… By Christina TitusSeptember 18, 2025 19:27 IST
Trump to meet Putin in Hungary, calls conversation with Russian president ‘very productive’ ahead of Zelenskyy meeting
