Undefined
BANKING FINANCE
ICICI Prudential Life launches Dividend Leaders 50 Index Fund for customers seeking stability and long-term wealth creation
ICICI Prudential Life Insurance has launched the Dividend Leaders 50 Index Fund under its Unit Linked Insurance Plans (ULIPs).
1 min |
March 2026
BANKING FINANCE
PSU banks seek inclusion of SDLs in RBI'S OMO purchase auctions
Public sector banks have urged the Reserve Bank of India to include state development loans in its open market operation purchase auctions amid widening yield spreads.
1 min |
March 2026
BANKING FINANCE
Long-term life cycle mutual funds get Sebi approval
Retail investors looking for a simpler way to plan for long-term goals such as retirement and children's education may soon have some easier options.
1 min |
March 2026
BANKING FINANCE
Small digital fraud victims set to get up to Rs. 25K refund
In a first-of-its-kind move, bank customers who fall victim to small-value digital frauds will be eligible for compensation of up to Rs. 25,000 for the first such incident, the Reserve Bank of India (RBI) announced.
1 min |
March 2026
BANKING FINANCE
Credit Guarantee Fund Trust for Micro and Small Enterprises - A Review
To begin with, the MLIs have to apply for the guarantee cover anytime during the tenure of the loan, provided the same was not restructured remained in Special Mention Account SMA)-2 status in the last one year from the date of submission of the application.
10 min |
March 2026
BANKING FINANCE
Cabinet approves Rs. 5,000 crore equity infusion in SIDBI
The Union Cabinet has approved an equity infusion of Rs. 5,000 crore into the Small Industries Development Bank of India to strengthen credit support for micro, small and medium enterprises.
1 min |
March 2026
BANKING FINANCE
Bank of India posts 7.5% rise in Q3 net profit to Rs.2,705 crore
State-owned Bank of India reported a 7.47 per cent year-on-year rise in net profit to Rs. 2,705 crore for the third quarter of FY26, supported by higher non-interest income. On a sequential basis, profit rose by nearly 6 per cent.
1 min |
March 2026
BANKING FINANCE
UPI's Global Expansion: What It Means for Indian Finance
India's Unified Payments Interface (UPI) has transformed domestic digital payments over the past decade.
2 min |
March 2026
BANKING FINANCE
Current account deficit, not banking flaw, drives high cost of capital
India's elevated cost of capital stems primarily from macroeconomic imbalances rather than inefficiencies within the financial system, according to the Economic Survey.
1 min |
March 2026
BANKING FINANCE
RBI proposes higher unsecured loan limits for urban cooperative banks
The Reserve Bank of India has proposed raising individual loan limits for unsecured advances by urban cooperative banks to a range of Rs. 5 lakh to Rs. 10 lakh, depending on the size category of the bank.
1 min |
March 2026
BANKING FINANCE
Risk Management in Market Risk Latest Global Developments
Market risk management has entered a new phase of complexity.
2 min |
March 2026
BANKING FINANCE
IFSCA introduces 'Master Key' for GIFT City capital market entities
The International Financial Services Centres Authority has introduced a unified registration mechanism called the \"Master Key\" for capital market intermediaries operating in Gujarat International Finance Tec-City.
1 min |
March 2026
BANKING FINANCE
RBI tightens recovery norms to curb harassment of borrowers
The Reserve Bank of India has proposed stricter recovery and repossession norms to prevent harassment and strengthen borrower protection.
1 min |
March 2026
BANKING FINANCE
Cash in circulation hits record despite UPI surge: SBI report
State Bank of India has reported that currency in circulation (CIC) reached an all-time high of around Rs. 40 trillion for the fortnight ended January 31, 2026, even as digital payments through the Unified Payments Interface continue to expand.
1 min |
March 2026
BANKING FINANCE
RBI launches Mission Saksham to strengthen Urban Cooperative Banks
The Reserve Bank of India has announced a series of regulatory measures aimed at strengthening Urban Cooperative Banks (UCBs), including the launch of Mission-SAKSHAM to enhance governance and operational capacity.
1 min |
March 2026
BANKING FINANCE
AU Small Finance Bank Earns 'Great Place to Work Consecutive Year
AU Small Finance Bank (AU SFB), India’s largest Small Finance Bank and the first in over a decade to receive in-principle approval to transition into a Universal Bank, has been certified as a Great Place to Work® for the sixth consecutive year.
1 min |
March 2026
BANKING FINANCE
SIPs and Long-Term Wealth Creation: Lessons from Indian Market Cycles
Indian equity markets have witnessed multiple phases of sharp volatility over the past two decades — the 2008 global financial crisis, the 2013 taper tantrum, the 2020 pandemic crash, and more recent global rate tightening cycles.
2 min |
March 2026
BANKING FINANCE
Sebi unveils life-cycle mutual funds; solution-oriented schemes scrapped
The Securities and Exchange Board of India (Sebi) on Thursday announced several changes to the categorisation of mutual fund schemes.
1 min |
March 2026
BANKING FINANCE
Banks must block suspect money transfers, says SC
The Supreme Court said banks must devise an Al-based mechanism to flag all suspicious transaction from an account, issue alerts, and suspend the transfer until the transaction is authenticated with the account holder.
1 min |
March 2026
BANKING FINANCE
Financial sector prepared for cyber risks: DFS Secretary
Department of Financial Services Secretary M Nagaraju said cyber threats will remain persistent but expressed confidence in India's capacity to manage them, particularly within the financial system.
1 min |
March 2026
BANKING FINANCE
RBI proposes up to Rs. 25,000 payout for small-value digital fraud victims
The Reserve Bank of India has proposed compensating customers for losses arising from small-value digital frauds, with payouts capped at Rs. 25,000, as part of a revised consumer protection framework.
1 min |
March 2026
BANKING FINANCE
SBI can extend Rs. 94,000 crore for acquisition finance
State Bank of India can provide up to Rs. 94,000 crore in acquisition financing under the amended RBI directions permitting banks to fund up to 20 per cent of tier-1 capital for such deals.
1 min |
March 2026
BANKING FINANCE
ICICI Pru Pension Funds unveils Swasthya Pension Scheme
ICICI Prudential Pension Funds Management Company has introduced the Swasthya Pension Scheme under the regulatory sandbox framework of the Pension Fund Regulatory and Development Authority.
1 min |
March 2026
BANKING FINANCE
India revamps mutual fund rulebook, opens room for higher gold and silver exposure
India's markets regulator on Thursday overhauled rules for mutual funds, introducing newer categories of schemes, curbing portfolio overlaps and allowing more exposure to gold and silver.
1 min |
March 2026
BANKING FINANCE
RBI to inject Rs. 2.15 lakh crore durable liquidity into banking system
The Reserve Bank of India has announced durable liquidity infusion of about Rs. 2.15 lakh crore between January 30 and February 12 to support banking system liquidity ahead of the financial year-end.
1 min |
March 2026
BANKING FINANCE
RBI to issue discussion paper on digital payment safeguards
The Reserve Bank of India has proposed releasing a discussion paper to examine calibrated safeguards in digital payments amid rising fraud risks.
1 min |
March 2026
BANKING FINANCE
RBI CIRCULAR
Unique Transaction Identifier for OTC Derivative Transactions
4 min |
March 2026
BANKING FINANCE
Centre approves wage revision for PSU insurers and NABARD employees
The Central Government has approved wage revisions for employees of public sector general insurance companies and the National Bank for Agriculture and Rural Development, along with pension revisions for retirees of the Reserve Bank of India and NABARD.
1 min |
March 2026
BANKING FINANCE
Indian banks to face no cap on EU branch openings under trade pact
India has permitted European Union banks to open up to 15 branches over four years once the trade agreement comes into force, while Indian banks will face no cap on branch openings within the EU, a commerce ministry official said.
1 min |
March 2026
BANKING FINANCE
Quantum Computing in Banking: A New Frontier for Financial Innovation
Banks deal with huge complexity: high-speed trading, risk modeling, fraud detection, compliance, personalized finance, and more. Many of these require analyzing billions of variables and combinations in real-time. Even with powerful classical supercomputers, some problems take too long or too much computing power.
8 min |