
SBI Sells 1.42% Stake in SBI Funds Management for ₹1,655 Crore in Pre-IPO Deal
Bank of India signed pre-IPO share purchase agreements on July 9, 2026 to sell a 1.42% stake in SBI Funds Management India's largest AMC to 30 investors for ₹1,655 crore at ₹574 per share.

AustralianSuper Invests AU$500 Million More in India’s NIIF, Lifts India Exposure to AU$3.3 Billion
Australia's largest pension fund AustralianSuper announced an additional AU$500 million investment in India's National Investment and Infrastructure Fund on July 9, 2026, at the Australia-India Annual Leaders' Summit in Melbourne.

IDFC FIRST Bank Goes Live on EPFO Platform, Enables Online PF Payments for Employers
Bank went live on the EPFO platform on July 6, 2026, becoming an authorised bank for provident fund payments under the Ministry of Labour and Employment. Employers can now initiate PF payments directly through the EPFO portal.

South Indian Bank Gets RBI Nod to Appoint Mahesh Muralidhar Pai as MD & CEO
RBI has approved Mahesh Muralidhar Pai as South Indian Bank’s MD & CEO for three years from October 1, 2026. Pai is currently Chief General Manager at Canara Bank and leads digital banking and innovation.

Kotak to Acquire Deutsche Bank India Retail Business: Why This Deal Matters Beyond ₹282 Crore
Kotak Mahindra Bank just signed a deal that changes the shape of Indian banking. The numbers involved are big, but what happens next could matter even more for customers, employees and the entire banking sector in Bharat.

RBI Bond Auction 2026 Brings Rs 32000 Crore to the Table
RBI plans to raise Rs 32000 crore through a fresh bond auction on July 10, giving retail investors a fresh chance to lend money to the government and earn steady returns over the years ahead.

Morgan Stanley Predicts Sensex at 89,000 by June 2027; IT Sector Could Be the Big Surprise
Morgan Stanley has set a base-case Sensex target of 89,000 by June 2027 implying 15% upside with a 50% probability. Its bull case places the index at 1,00,000, while the bear case puts it at 66,000.

Bima Sugam Rollout: Is India's "UPI for Insurance" Finally Here?
IRDAI Chairman Ajay Seth promises initial products by September. Motor insurance goes first, life and health wait. Here's what's changed, what's still stuck, and why this platform could finally fix India's massive insurance gap.

AI Bias in Indian Credit Scoring: Who Gets Excluded When Algorithms Decide?
AI-powered credit scoring was meant to open formal lending to India’s MSMEs, gig workers, women & rural borrowers. But without transparency, fairness audits & human review, the same technology may reproduce old exclusions in a new digital form.

Insurance FDI Hits 100%: Foreign Firms Can Now Fully Own Indian Insurers
India just tore down the last wall in insurance ownership. Foreign firms can now hold 100% stake, no local partner needed. From HDFC Life to Star Health, big deals may follow. Here's what changed, and why it matters for you.

Paytm, MobiKwik, PB Fintech: How India's Fintech Poster Boys Learned To Make Money
From Paytm to PhonePe and PayU, Indian fintechs are shifting from user growth to revenue-led models. What this means for Bharat, citizens and investors.

India’s RegTech Market: Why Compliance SaaS Is Becoming BFSI’s Next Big Growth Story
India’s RegTech market is emerging as the next big BFSI technology opportunity, driven by digital lending rules, DPDP compliance, AML monitoring, fraud detection and RBI’s FREE-AI framework for responsible AI in finance.

RBI Rules Out NBFCs New Rules; What It Means for You?
From July 1, 2026, RBI's new IRACP rules change how NBFCs classify and provision for stressed loans offering relief to genuine borrowers while curbing repeated loan "evergreening" practices.

Top Insurance Companies in India by AUM, Premium & Growth in FY26
LIC of India is the largest insurance company in India by AUM in FY26, with assets under management of ₹57.29 lakh crore. It is followed by major private life insurers such as SBI Life, HDFC Life, ICICI Prudential Life and Axis Max Life.

Why RBI Will No Longer Treat Every NBFC the Same Way?
RBI just rewrote the rulebook for India's NBFCs. Big lenders now face sharper scrutiny. Small, low-risk firms just got quiet relief. New layers, new exemptions, new deadlines — here's what changed, and why it matters to your money.

RBI’s New NBFC Rules 2026: Type I, Type II and Unregistered NBFC Explained
The Reserve Bank of India has introduced a major change in India’s NBFC regulatory framework from July 1, 2026. Under the RBI Amendment Directions notified on April 29, 2026, non-banking financial companies will now be classified as Type I NBFCs

Bank of India Hands Over ₹1,553.50 Crore Dividend Cheque to Government for FY26
Bank of India has presented a ₹1,553.50 crore dividend cheque to the Government of India for FY 2025-26. The public sector lender reported a 14.19% rise in net profit to ₹10,527 crore during the year.

PayU India Finally Cracks the Profit Code — Here's How
After years of losses, PayU India finally turns a corner — posting its first full-year operating profit. But one number buried in the report hints at a bigger move still to come.

HDFC Bank's New Chairman Isn't a Banker — Here's Why That Matters
A former bureaucrat steps into India's biggest private bank boardroom, yet one regulatory approval stands between him and the chairman's chair.

SBI Life, IIT Bombay Launch AI and Cybersecurity Research Hub for Insurance
SBI Life Insurance and IIT Bombay have signed an MoU to establish Bharat’s AI and Cyber Innovation Hub for Insurance, a joint research centre focused on cybersecurity, artificial intelligence, quantum technologies and more.

Kotak Mahindra Bank MD Ashok Vaswani to Step Down After Three-Year Term
Kotak Mahindra Bank MD and CEO Ashok Vaswani will step down after his three-year term ends on December 31, 2026, having decided not to seek reappointment. The bank's board has begun the process of finding his successor.

EPFO New Rules 2026: Now Withdraw Your PF Money via UPI and ATM - Just Like a Bank Account
EPFO 3.0 is here. India's 30 crore provident fund members can now access their retirement savings instantly. No paperwork. No employer approval. No waiting.

RBI's New NBFC Rules Put Tata Sons' Listing Fate Back in the Spotlight
The RBI has replaced its old scoring model with a clean ₹1 lakh crore asset threshold and Tata Sons, with assets of ₹1.75 lakh crore, sits squarely in the crosshairs.

NPCI Is Changing How You See a UPI Recipient Before You Pay
NPCI’s UPI verified name update aims to make digital payments safer by showing the recipient’s bank-registered name before a transaction.