SBI's market capitalisation rose to ₹10.92 trillion after its shares hit a record high, overtaking TCS, whose stock has fallen sharply from its lifetime peak
Nabfid, Hudco and Sidbi raise nearly Rs 12,000 crore at tight rates, while Nabard plans a Rs 7,000 crore bond issue next week amid cautious market sentiment
Deputy Governor Swaminathan J says banks must design digital journeys that clearly inform customers of authorisations, with transparent terms and predictable responses
US-based private equity firm Carlyle will invest Rs 2,100 crore to acquire a majority stake in Edelweiss Group's housing finance arm Nido Home Finance, subject to regulatory approvals
Banks see strong revival in corporate lending as higher bond yields and improved working capital utilisation push companies back to bank loans in Q3FY26
Sidbi, Nabfid and Hudco will raise Rs 13,500 crore through bond issuances this week, even as higher yields and geopolitical risks continue to weigh on corporate debt fundraising
RBI has announced a one-time compensation of up to Rs 25,000 for victims of small-value digital frauds, while also moving to tighten norms on mis-selling and loan recovery practices
Under a proposed one-time framework, RBI plans to compensate customers for small-value digital frauds up to Rs 25,000, with the central bank and banks sharing the cost
The country's largest lender has set up a Centre of Excellence to support financing of sectors such as renewable energy, semiconductors, electric mobility and data centres, with large capital needs