Subrata Panda

EU regulator's demand to audit Indian central counterparties' books seen as extraterritorial

This is a short-term phenomenon; if the conflict prolongs it would have an adverse impact on remittances, sources said

NABARD and REC withdraw planned bond issuances worth Rs 11,000 crore after receiving limited bids at higher yields, reflecting cautious sentiment in the debt market

State Bank of India and MUFG Bank sign a strategic partnership to collaborate on M&A, aviation and real estate financing, supporting cross-border transactions

Additional payout raises total settlement to ₹645 crore after reconciliation of claims linked to a fraud involving a Haryana government account

RBI says banks can declare dividends based on capital adequacy levels, with payouts capped at 75 per cent of profit after tax and subject to CET1 buffers and supervisory conditions

RBI Deputy Governor Swaminathan J cautions that while digital lending and platform-based models expand financial access, weak credit underwriting could deepen borrower distress

Prolonged geopolitical tensions could pose headwinds

Rishi Gupta's return to office subject to NRC, board reassessment and RBI view

RBI's draft rules propose compensation of up to ₹25,000 for digital fraud losses of up to ₹50,000, even in cases of customer negligence, if reported within five days

SBI, HDFC Bank, ICICI Bank, and Axis Bank are the Indian banks who have supported the new framework

IIFL Finance has appointed EY to conduct due diligence for a possible stake sale in its MFI arm Samasta, as the lender evaluates strategic options amid pressure on the microfinance portfolio

Axis Bank partners Tesla to offer tailored EV financing solutions, including loans with up to 10-year tenure and a fully digital loan process aimed at easing the purchase journey

A ban on bank funding for proprietary trading, stricter collateral rules and higher haircuts are expected to hurt pvt banks' exposure and fee income, while shifting brokers toward CP, NBFC borrowing

RBI Deputy Governor Swaminathan J says India's path to Viksit Bharat@2047 depends on productive capital allocation, meaningful financial inclusion and strong customer protection

Bank's transition into SFB on track; no financial impact so far from the events that have unfolded

Das highlighted that India is now witnessing a rapid transformation fuelled by the so-called 'triple threat' of progress: innovation, disruption and the birth of entirely new business models

Fino is the first and the only payments bank so far to apply for conversion into an SFB

The bank will look to dilute a minimal stake in the wholly owned NBFC now that norms on overlapping business have been relaxed by the central bank

Gold loans overtake auto loans as the second-largest retail segment, with rapid growth driven by soaring gold prices and rising borrower demand