Business
BANKING FINANCE
Banking News
Public sector banks (PSBs) have scaled back insurance sales via the bancassurance channel in FY25, leading to a noticeable decline in growth for life insurers affiliated with them.
4 min |
June 2025
BANKING FINANCE
BharatGen: Empowering India with Multilingual AI for the Next Generation
BharatGen project is a transformative step by the Indian government aimed at developing a multimodal Large Language Model (LLM) capable of generating high-quality text and multimodal content, primarily in Indian languages.
8 min |
June 2025
BANKING FINANCE
Mutual Fund News
SEBI Proposes Relaxed Delisting Norms for PSUs with 90% Govt Holding
7 min |
June 2025
BANKING FINANCE
Reserve Bank News
RBI Panel Proposes Extended Call Money Market Timings, Retains G-Sec Hours
7 min |
June 2025
BANKING FINANCE
RBI CIRCULAR
Reporting on FIRMS portal — Issuance of Partly Paid Units by Investment Vehicles
4 min |
June 2025
BANKING FINANCE
A 1% Increase in REER Could Boost India's Exports by 1.07% in the Long Run: Exim Bank Study
Exim Bank's study indicates that a 1% increase in REER (indicating appreciation of the Indian Rupee) translates into a 1.07% increase in India's real exports to the world. While conventional wisdom suggests that currency depreciation boosts exports by making goods more competitively priced in global markets, the counterintuitive finding of the study suggests that a weaker rupee may not necessarily deliver the anticipated boost to Indian export growth.
1 min |
June 2025
BANKING FINANCE
Gold Grabs Headlines, But Is Silver the Real Star in 2025
Gold has been in the spotlight with its record-breaking rally, surpassing the Rs.88,310 per 10 grams mark for the first time, as geopolitical and economic uncertainties drove investors toward the safe-haven asset. Meanwhile, silver also reached a new high of Rs.1,01,999 per KG in 2025 reflecting growing demand and its dual role as both a monetary and industrial metal.
3 min |
June 2025
BANKING FINANCE
Synergistic Financing: Unlocking Co-Lending Potential
Co-Lending has become a regular feature of our daily newspaper and magazines. Not even a day goes by without seeing an article on Co-Lending. Several banks have entered into co-lending 'master agreements' with registered Non-Banking Financial Companies (NBFCs) and more are in the pipeline.
10+ min |
June 2025
BANKING FINANCE
PayU Receives Final Authorization from The RBI to Operate as an Online Payment Aggregator
PayU, one of India's leading online payments services providers, has announced that it has received the final authorization from the Reserve Bank of India (RBI) to operate as an Online Payment Aggregator under the Payment and Settlement Systems Act, 2007.
1 min |
June 2025
BANKING FINANCE
HDFC Bank Launches 'Biz+ Current Accounts' to Empower India's Growing MSME Enterprises
HDFC Bank, India's leading private sector bank in Current Account deposits announced the launch of its new Biz+ Current Accounts, a reimagined suite of Current Account offerings designed to meet the evolving needs of Indian businesses.
1 min |
June 2025
BANKING FINANCE
Legal News
SC Ruling on Bhushan Power Liquidation Raises Concerns Over IBC Stability
4 min |
June 2025
BANKING FINANCE
Industry News
Foreign Lawyers Allowed to Practise in India, But Limited to Non-Litigious Roles
9 min |
June 2025
BANKING FINANCE
Unified Lending Interface (ULI) and Its Future in RBI's New Trinity: JAM, UPI, and ULI
While JAM focuses on financial inclusion and UPI has revolutionized digital payments, the Unified Lending Interface (ULI) is poised to play a critical role in democratizing access to credit. Together, this trinity promises to not only bridge the gaps in the financial system but also empower individuals and businesses to thrive in the digital economy.
5 min |
May 2025
BANKING FINANCE
IFSCA (Banking) Regulations, 2020 and their Implications for the Future of Banking
India's financial services sector has evolved from traditional banking in the pre-colonial era to a modern, technology-driven system. Key milestones include the establishment of the RBI, the nationalization of banks in 1969 and 1980, and the economic liberalization of 1991, which introduced private banks and foreign competition. Recent advancements include the Digital India initiative and the Pradhan Mantri Jan Dhan Yojana, which have enhanced financial inclusion and digital banking. The IFSCA Act, 2019, and the IFSCA (Banking) Regulations, 2020, aim to position India as a global financial hub by creating a conducive regulatory environment for international banking within IFSCs, notably GIFT City.
10 min |
May 2025
BANKING FINANCE
RBI CIRCULAR
Processing of Regulatory Authorisations/ Li-censes/ Approvals through PRAVAAH
4 min |
May 2025
BANKING FINANCE
India's Sovereign Bond Market: Opportunities to re-evolve
Bank treasuries in India play a pivotal role in the sovereign bond market, actively trading in a segment that dominates the country's financial landscape. Sovereign bonds, endowed with Statutory Liquidity Ratio (SLR) status, are indispensable for institutional portfolios. These instruments provide banks with a secure avenue to deploy surplus funds while reaping significant coupon interest-a reliable revenue stream regardless of prevailing interest rate trends.
10 min |
May 2025
BANKING FINANCE
India's Global Moment: Rising Amid Tariffs and Trade Tensions
The global economy is undergoing a significant shift, with protectionism re-emerging as a dominant force. Led by the United States, a fresh wave of tariffs is disrupting global trade. U.S. President Donald Trump's recent move to raise tariffs on imports from 57 countries signifies a pivotal turn in this evolving narrative.
3 min |
May 2025
BANKING FINANCE
Legal News
Can't open bank locker sans holder nod: HC
2 min |
May 2025
BANKING FINANCE
Professor Dr. B. K. Basu : A Person of Principles
He was the first Doctorate (Ph.D.) in Accountancy and the first D. Litt. (Commerce) in Auditing in the annals of the University of Calcutta. He has contributed towards the promotion of commerce education through his vast academic and research works in the field of management, accounting, finance and auditing.
4 min |
May 2025
BANKING FINANCE
How missing the best days in markets impacts your returns
The Indian stock market has demonstrated remarkable resilience over the years, if we look at the historical performance of the BSE Sensex and the Nifty Midcap 100 indexes. Over the years, the Indian market has witnessed many events like the dotcom bubble, 2009 financial crisis and the 2020 COVID virus induced fall.
3 min |
May 2025
BANKING FINANCE
Indian Traditional knowledge can Enable the Sustainable Development: Padma Shree Chaitram Pawar at India Exim Bank's Seminar
Export-Import Bank of India (India Exim Bank) organised a seminar in Hindi on “Indian Knowledge System: Environment and Sustainable Development” under the aegis of Bank, Town Official Language Committee (TOLIC), Mumbai March 10, 2025.
1 min |
May 2025
BANKING FINANCE
Mutual Credit Guarantee Scheme for MSMEs: A Game Changer for MSME Financing
Micro, Small, and Medium Enterprises (MSMEs) are the backbone of India's economy, contributing significantly to GDP, employment, and exports. Despite their critical role, MSMEs often struggle to secure loans due to lack of collateral, stringent lending norms, and perceived high credit risk by financial institutions.
5 min |
May 2025
BANKING FINANCE
The Evolution of India's Pension System: A Comprehensive Review
India's retirement framework has transformed significantly over the past two decades. The National Pension System (NPS), initially called the New Pension Scheme, marked a major shift in India's approach to pension management. More recently, the Unified Pension Scheme (UPS) represents another important development.
5 min |
May 2025
BANKING FINANCE
Bank of Baroda launches the Baroda mDigiNext Mobile App transforming Cash Management Services for Corporate Clients
Bank of Baroda (Bank) announced the launch of the Baroda mDigiNext mobile app, a dedicated cash management services app for the Bank's corporate customers using Baroda Cash Management Services (BCMS).
1 min |
April 2025
BANKING FINANCE
New Age Risks in 2025: Bumpy Road Ahead for Indian Banking Sector
India's banking sector, one of the fastest-growing in the world, is witnessing rapid changes driven by technology, regulatory reforms, evolving customer demands, fintech fuel etc. As per the Reserve Bank of India (RBI) Annual Report 2024, India's banking sector is sufficiently capitalised and well-regulated. The financial and economic conditions in the country are far superior to any other country in the world.
6 min |
April 2025
BANKING FINANCE
RBI CIRCULAR
Reporting and Accounting of Central Government transactions for March 2025 - February 28, 2025
4 min |
April 2025
BANKING FINANCE
Ethanol - A Potent Weapon to Reduce Carbon Emissions
The World Energy Forum has forecasted that fossil fuels are under high pressure of shortage and can deplete in the coming decades. Also, use of fossil fuels has led to adverse effects on the global climate. Such an alarming situation has led policymakers to think about alternate ways of energy generation.
8 min |
April 2025
BANKING FINANCE
Digital Trust in Banking - a Critical Perspective
In today's digital age, trust is paramount for financial institutions. The rise of online banking, mobile apps, and cryptocurrency exchanges has redefined customer-bank relationships. While offering convenience, these innovations also introduce new risks, demanding sophisticated security measures and unwavering commitment to customer data protection.
8 min |
April 2025
BANKING FINANCE
MSMEs: A driving force towards India's vision of 'Vikshit Bharat' by 2047
India envisions itself as a global economic powerhouse, and MSMEs will be at the forefront of this transformation. Their ability to adapt to evolving market demands, embrace new technologies, and cater to niche markets will be crucial in driving economic growth and creating a more prosperous India.
8 min |
April 2025
BANKING FINANCE
Rupee 112 Launches India's First Fully Automated WhatsApp Loan Disbursal, Redefining Instant Lending
Rupee112, a fast-emerging leader in the fintech space, has launched a groundbreaking innovation by introducing India's first fully automated loan disbursal service through WhatsApp.
1 min |