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Bihar seat-sharing talks gather pace: BJP reaches out to Chirag, allies

CPI (ML)L says no to 19 seats offered by Grand Alliance

Reserve Bank of India proposes lower capital requirements for banks

RBI's draft norms propose revised risk weights across corporate, MSME, real estate, and retail exposures, aiming to reduce banks' capital requirements from FY28

RBI announces draft norms for transition to expected credit loss framework

In the ECL framework, banks need to adopt a three-stage approach to determine Significant Increase in Credit Risk (SICR)

Keir Starmer's India visit to deepen trade, fintech, and defence ties

UK PM Keir Starmer's two-day India visit will focus on expanding trade under CETA, fintech partnerships, defence cooperation, and higher education links

Nifty hits 25K comeback trail: Banks and IT stocks do the heavy lifting

Financial and IT stocks drove a third straight day of market gains as Nifty rose above 25,000 and Sensex ended at 81,790 amid upbeat quarterly updates

Tata Capital IPO subscribed 40% on Day 1 amid strong anchor demand

Tata Capital's ₹15,512-crore IPO sees healthy Day 1 response with ₹4,200 crore bids; LIC, top mutual funds, and global investors feature among key anchors

Gross NPAs of banks likely to be 2.3-2.5% by March 2026, says Crisil

While corporate credit remains stable, CRISIL warns that MSME and unsecured retail segments could see mild stress amid export slowdown and loan seasoning

Supreme Court to hear plea challenging constitutional validity of STT

A Supreme Court bench led by Justice JB Pardiwala sought the Centre's response to a plea alleging the Securities Transaction Tax violates equality and trade rights

Bank of India's domestic advances rise nearly 15% to ₹5.96 trillion

Bank of India reports 11.8% growth in global business and strong gains in domestic lending, with retail term deposits up 14% year-on-year in September

Print, TV advertising volumes on PM Narendra Modi's 75th birthday

On television, government political and social ads conveying wishes accounted for nearly 28 hours of airtime across over 90 channels

Companies flouting ID requirement rise in FY25: Excellence Enablers survey

Excellence Enablers survey finds 16 Nifty 100 companies flouting independent director rules in FY25, with PSUs and PSBs dominating non-compliance cases

TMB joins hands with Wegofin Digital Solutions for payment aggregator biz

Tamilnad Mercantile Bank teams up with fintech Wegofin to expand digital services via Banking-as-a-Payment Aggregator, boosting MSMEs, startups and enterprises across India

UPI races ahead, accounts for 84% of total digital payments in FY25

The UPI digital payment system has been fast replacing cash as a preferred mode of payment, and has now taken the lead in overall digital payments

H-1B visa scrutiny: TCS, Cognizant among 10 firms in US crosshairs

In email to CEOs, US panel questions their firms' H-1B visa hiring practices, seeks reply by October 10

RBI eases compliance burden; gives extra time for merchant payments

In another decision, the RBI eased the compliance requirements for small value exporters and importers

If you need a personal loan, what are the best rates available now?

A personal loan can be used for multiple things, but one must keep in mind that they come with a somewhat higher price tag

RBI extends MTT payment timeline to six months, eases compliance rules

RBI extended the merchanting trade payment timeline to six months from four and simplified reconciliation rules for small exporters and importers to ease compliance burden

RBI proposes easing curbs on current, cash credit, and overdraft accounts

RBI has proposed easing restrictions on operating Current, Cash Credit and Overdraft accounts, giving banks more flexibility in handling accounts of regulated borrowers

Labour union writes to Maharashtra CM on TCS layoffs, company denies claims

IT union NITES has alleged that TCS forced 2,500 resignations in Pune, writing to CM Fadnavis for intervention, while the company has denied the claims as misleading

Jain Resource gains 37% on debut; Epack, BMW Ventures end weak

Jain Resource stock ended at ₹318, up 37.2 per cent over its issue price. At the last close, the company was valued at nearly ₹11,000 crore