#Banking

S Somanath Joins RBI Central Board, Anand Mahindra Gets Four-Year Extension

Former ISRO Chairman S Somanath has been appointed as a part-time Non-Official Director on the Reserve Bank of India’s Central Board for four years. Anand Mahindra has also been reappointed to the board for another four-year term.

“Build Institutions, Not Just Unicorns”: Dr Nirmal Bansal on India’s AI Future | Exclusive Interview

From responsible AI and financial inclusion to startup governance, India–France innovation and human-centric leadership, Dr Nirmal Bansal shares his perspective on the forces that could shape India’s next decade.

UPI Lite, Credit Lines and RuPay Credit Cards Explained

UPI Lite uses money set aside from a bank account, Credit Line on UPI uses a bank-approved loan limit, and RuPay Credit Card on UPI uses a credit-card limit.

UPI Rules 2026: What RBI and NPCI Changed

RBI and NPCI have changed several UPI rules covering biometric authentication, selected transaction limits, recurring payments and security. Here is what applies in 2026, who is affected and what happens next.

Will UPI Payments Become Chargeable? What Users Should Know Before Worrying

UPI users are not being charged for sending money or making payments today. But a change passed by the Lok Sabha gives the Centre more control over which digital payment methods must remain free. Here is what the law says.

Baroda BNP Paribas Mutual Fund Names Madhu Nair as CEO

Madhu Nair will succeed Sanjay Grover, who had been managing the fund house on an interim basis since Suresh Soni stepped down in July 2025.

How RBI's New Decision on Interest Rates Freezes Your EMI for Months?

The Reserve Bank of India has quietly changed the rules for loan repayments across the country. Your EMI could be frozen for months, but only if you meet one condition banks are not advertising.

Credit Growth Hits 18.6 % — What It Means For Every Bank Customer In India

A sharp jump in credit growth is reshaping India's banking sector. Will it make borrowing easier, raise deposit rates, or change your EMIs? Here's what every bank customer should know.

Q1 FY27 Results: Reliance Out Today, HDFC & ICICI Bank Line Up Saturday, Infosys Next Week

India's Q1 FY27 earnings season enters its busiest week as Reliance Industries has announced its June quarter results, while HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank, Yes Bank and Infosys prepare to report earnings.

RBI's New Funding Rules Just Hit India's Derivatives Market; Here Is What The Data Shows

Cheap borrowed money built India's derivatives boom. RBI just switched off the tap. What happens next to traders, brokers and everyday investors might surprise you.

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.

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.

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.

They Trusted The Bank With Their Gold. Then 96 Packets Vanished!

96 Gold Packets Vanish From UP Bank Locker — Was It Really An Inside Job?

DORA, PSD3 and EU Digital Identity Wallet Deadline: Is the BFSI Sector Ready?

DORA, PSD3 and the EU Digital Identity Wallet are set to reshape Europe’s BFSI sector by 2026. Banks, fintechs and payment firms must prepare for new rules.

RBI Opens FCNR(B) Swap Window, Banks Seek SBLC Relaxation for NRI Deposits

Indian banks have asked the RBI to relax guarantee rules for NRI deposits, arguing that the move could attract billions of dollars in foreign currency inflowsx rese

Before Taking a Loan, Know Your CIBIL Score: Why It Matters for Every Borrower?

A CIBIL score is no longer just a banking term. It can affect loan approval, interest rates, EMI burden & a borrower’s financial future. Before taking a loan, every Indian borrower should understand how credit scores work?

West Bengal Gramin Bank Partners with Canara HSBC Life Insurance to Expand Rural Insurance Access

Bancassurance partnership to bring life insurance, savings, and long-term financial planning solutions to rural and semi-urban customers across West Bengal

PNB Q4 Results: Net Profit Rises to ₹5,225 Cr; ₹3 Dividend Declared

Punjab National Bank posted a 14.41% year-on-year rise in standalone net profit to ₹5,225.11 crore for Q4FY26, despite a decline in net interest income.

IDBI Bank Q4 FY26 Results: Net Profit Falls 5% to ₹1,943 Crore

The dip in profit comes amid higher provisions and operating expenses, even as the bank maintains stable asset quality and steady loan growth.

₹534 Crore Profit, 3.3% NPA, 6.2% NIM — What Bandhan's Q4 Numbers Actually Mean

Lower Bad Loans, Better Margins, Digital Growth — But the War in West Asia Is Watching

City Union Bank Just Had Its Best Quarter in History. Here's Every Number That Matters.

The Tamil Nadu lender crossed a profit milestone, cleaned up its bad loans dramatically, and opened its 1,000th branch. Here's a full breakdown of CUB's Q4 FY26.

Axis Bank Q4 FY26 Results: Profit Dips Slightly Year-on-Year But Beats Estimates; Asset Quality Improves

Asset Quality Shines, Provisions Bite — Axis Bank Delivers a Mixed but Credible Q4

Three Generations One Workplace Rethinking Leadership in Modern India | Exclusive Article

By aligning strengths—experience (Gen X), execution (Millennials), and innovation (Gen Z)—leaders can build a high-performing multi-generational workforce rooted in clarity and mutual respect.

Ebix Technologies’ MoneyWare® Platform Chosen by Leading Indian Private Bank for GIFT City Custody Operations

Platform to enhance global custody services with automation, scalability, and seamless cross-border operations!

YES Bank Q4 FY26 Results: A Bank Still Finding Its Footing

From Crisis to Consistency — YES Bank's Q4 FY26 Numbers Are More Than Just Profit

DBS Bank India launches ‘DBS Aspire’ for emerging affluent Indians, offers zero forex markup & premium banking benefits

The offering comes with a signature Aspire debit card featuring zero forex mark-up, a benefit that directly addresses the evolving lifestyle of India’s new-age professionals and entrepreneurs.

DBS Bank India launches ‘DBS Aspire’ for emerging affluent customers with global lifestyle needs

With DBS Aspire, the bank is looking to strengthen its presence across over 350 locations in India, while tapping into a segment that is expected to play a key role in the country’s financial growth story.

Kottayam Becomes India's First Digital Banking District: Know How It Was Done

As India pushes toward a cashless economy, Kottayam proves that even semi-urban and rural regions can lead the way—with the right mix of policy, awareness, and execution

India’s Banks Are Betting Big on AI — But Only 21% Are Fully Ready

The Department of Financial Services says scheduled commercial banks posted a record aggregate net profit of ₹3.50 lakh crore in FY2023-24, while PSBs posted ₹1.41 lakh crore, and PSB asset quality improved with gross NPA falling to 3.12%.