Business
BANKING FINANCE
RBI recognises SRPA as self-regulatory body for payment system operators
The Reserve Bank of India (RBI) has granted recognition to the Self-Regulated PSO Association (SRPA) as the official self-regulatory organisation for the payment system operator (PSO) ecosystem.
1 min |
December 2025
BANKING FINANCE
Ms Mini T. M. assumes charge as Executive Director of Indian Bank
Ms Mini T.M. has assumed charge as Executive Director of Indian Bank on 24th November, 2025.
1 min |
December 2025
BANKING FINANCE
Govt approves Rs. 25,000crore export mission, extra credit support for tariff-hit traders
The Union Cabinet has approved a Rs. 25,060-crore Export Promotion Mission (EPM) and an additional Rs. 20,000-crore collateral-free credit window to support exporters facing global trade disruptions and tariff pressures, especially from the US. Priority support will be extended to labour-intensive sectors such as textiles, leather, gems and jewellery, engineering goods, and marine products.
1 min |
December 2025
BANKING FINANCE
India's maritime sector to draw Rs. 8 trillion investment, create 15 million jobs by 2047: Puri
India's maritime sector is on the cusp of transformational growth and is expected to attract investments worth Rs. 8 trillion while generating nearly 1.5 crore jobs by 2047, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri said at the India Maritime Week 2025.
1 min |
December 2025
BANKING FINANCE
SEBI intensifies push to curb online investment scams
SEBI has broadened its efforts to safeguard investors from rising online investment fraud by formally engaging with major social media companies and search engines.
1 min |
December 2025
BANKING FINANCE
RBI announces relief package to support exporters facing global trade disruptions
The Reserve Bank of India (RBI) has rolled out a series of trade-related relief measures to help exporters cope with disruptions caused by global headwinds. The package includes easing debt repayment burdens, extending credit periods, and lengthening the timeframe for realisation and repatriation of export proceeds.
1 min |
December 2025
BANKING FINANCE
MFs shift to ultra-short debt amid uncertain rate trajectory
Indian mutual funds are increasing allocations to ultra-short-term and money-market instruments as uncertainty clouds the RBI's interest rate outlook.
1 min |
December 2025
BANKING FINANCE
City Union Bank introduces EPF remittance facility for corporate customers
City Union Bank (CUB) has launched an Employees' Provident Fund (EPF) remittance service on its net banking platform in partnership with the Employees' Provident Fund Organisation (EPFO).
1 min |
December 2025
BANKING FINANCE
Master Capital Services receives SEBI nod to enter mutual fund business
Master Capital Services, a wholly owned subsidiary of Master Trust, has secured SEBI's in-principle approval to become a mutual fund sponsor.
1 min |
December 2025
BANKING FINANCE
Banks continue to prefer direct assignment over colending despite recent relaxations
Banks are expected to maintain their preference for direct assignment of loans from non-banking financial companies (NBFCs) rather than co-lending partnerships, despite recent regulatory relaxations.
1 min |
December 2025
BANKING FINANCE
SBI enters the $100-billion market-cap club, targets top-10 global bank list
State Bank of India (SBI) has crossed the $100-billion market capitalisation milestone for the first time, with its share price closing at Rs. 960.75 following strong July-September earnings.
1 min |
December 2025
BANKING FINANCE
US, Singapore account for one-third of India's FDI inflows in FY25: RBI
The United States and Singapore together accounted for more than one-third of foreign direct investment (FDI) into India during FY25, according to provisional results of the Reserve Bank of India's latest census on foreign liabilities and assets (FLA).
1 min |
December 2025
BANKING FINANCE
GST collection rises 4.6% in October to Rs. 1.96 lakh crore despite tax cuts
India's gross Goods and Services Tax (GST) collections rose 4.6% in October 2025 to Rs. 1.96 lakh crore, marginally below the Rs. 1.97 lakh crore collected in the same month last year, according to government data.
1 min |
December 2025
BANKING FINANCE
India does not need separate AI law for now, says government panel
A high-level government committee on artificial intelligence has concluded that India does not currently require a standalone law to regulate Al, stating that existing legislation is sufficient to address most foreseeable risks.
1 min |
December 2025
BANKING FINANCE
SEBI's game-changing mutual-fund reform
The Securities and Exchange Board of India (SEBI) has fired the opening shot in what could become the most consequential cost reform in Indian finance since liberalisation. Its October 2025 consultation paper on the comprehensive review of the Mutual Fund Regulations, 1996 does more than tweak numbers, it redefines purpose.
4 min |
December 2025
BANKING FINANCE
SBI wins Global Finance awards for 'World's Best Consumer Bank 2025' and 'Best Bank in India'
State Bank of India (SBI) has been named the World's Best Consumer Bank 2025 and Best Bank in India 2025 by New York-based Global Finance at an event held during the World BankIMF annual meetings.
1 min |
December 2025
BANKING FINANCE
India crosses 500 GW power capacity, non-fossil share exceeds 50%
India has crossed a major clean-energy milestone, with total installed electricity capacity touching 500.89 GW as of September 30, 2025, the power ministry announced.
1 min |
December 2025
BANKING FINANCE
De-Dollarization
The US dollar's status has always offered two unique advantages: unparalleled liquidity and the deep trust of global institutions. Since the end of the Second World War, nations have held dollars as reserves, settled trade in dollars, and watched as the currency became the hammer for American economic and political power.
6 min |
December 2025
BANKING FINANCE
SBI Q2 net profit rises 10% to Rs. 20,160 crore on Yes Bank stake sale
State Bank of India (SBI) reported a 10 per cent rise in standalone net profit to Rs. 20,160 crore for the quarter ended September, supported by steady loan growth and a one-time gain from selling part of its stake in Yes Bank.
1 min |
December 2025
BANKING FINANCE
Centre opens top PSB positions to private talent under revised eligibility guidelines
The Appointments Committee of the Cabinet (ACC) has revised eligibility norms to allow professionals from the private sector and other public financial institutions to compete for top leadership roles in public sector banks (PSBS).
1 min |
December 2025
BANKING FINANCE
PAN-Aadhaar linking deadline ends December 31; non-compliance may inactivate PAN
Taxpayers who fail to link their Permanent Account Number (PAN) with Aadhaar by December 31 risk having their PAN rendered inoperative from January 1, according to an April 3 notification by the Income Tax Department.
1 min |
December 2025
BANKING FINANCE
Airtel Payments Bank Q2 profit jumps 45% to Rs. 12 crore
Airtel Payments Bank reported a 45 per cent year-on-year increase in consolidated net profit to Rs. 11.2 crore for the quarter ended September 30, driven by strong revenue growth and expanding customer adoption.
1 min |
December 2025
BANKING FINANCE
Canara Bank conducts PM JanSuraksha Saturation Campaign at Kodigehalli, Bengaluru Rural
Canara Bank organized a Financial Inclusion Saturation Camp at Kodigehalli Gram Panchayat, Doddaballapura Block, Bengaluru Rural District, Karnataka, as part of the ongoing PM JanSuraksha Saturation Campaign (July 1 – September 30, 2025). The camp witnessed enthusiastic participation from over 700 customers, representing nine neighbouring villages.
1 min |
December 2025
BANKING FINANCE
India's Big Bank Merger 2.0
India stands at a defining juncture in its banking journey. As the economy accelerates towards the ambitious $5 trillion target, the demand for robust, well-capitalised, and globally competitive banks has never been more pressing. Public Sector Banks (PSBs), which still account for over 70% of India's banking system, face the dual challenge of supporting mega infrastructure projects while also catering to financial inclusion and MSME credit needs.
10+ min |
December 2025
BANKING FINANCE
RBI eases export repayment rules, extends timelines amid global trade turmoil
The Reserve Bank of India has eased repayment and compliance rules for exporters, granting additional time to realise export proceeds and offering temporary relief on trade-related loans.
1 min |
December 2025
BANKING FINANCE
Cryptocurrency is 'property' under law, rules Madras HC
In a significant ruling, the Madras High Court has recognised cryptocurrency as a 'property' under Indian law, that is capable of being possessed and held in trust, paving the way for courts to intervene in crypto disputes, according to experts.
1 min |
December 2025
BANKING FINANCE
Govt approves Rs. 25,000crore export mission, extra credit support for tariff-hit traders
The Union Cabinet has approved a Rs. 25,060-crore Export Promotion Mission (EPM) and an additional Rs. 20,000-crore collateral-free credit window to support exporters facing global trade disruptions and tariff pressures, especially from the US.
1 min |
December 2025
BANKING FINANCE
RBI announces export relief package with easier repayments and extended credit norms
Finance minister Nirmala Sitharaman said India will need several large, globally competitive banks to support its expanding economy, and discussions with the Reserve Bank of India (RBI) and individual banks have already begun.
1 min |
December 2025
BANKING FINANCE
Bank OTS scheme not a right withour upfront payment: SC
The Supreme Court has ruled that a bank's onetime settlement (OTS) scheme cannot be invoked as a matter of right and that borrowers must strictly comply with its mandatory conditions, including upfront payment of a specified portion of dues, to avail themselves of the benefits of the scheme.
1 min |
December 2025
BANKING FINANCE
GST returns pending for over three years to be time-barred from November: GSTN
Businesses will soon be barred from filing Goods and Services Tax (GST) returns that are more than three years overdue, starting from the November 2025 tax period, the GST Network (GSTN) has announced.
1 min |