Subrata Panda

Board approval must for bank entities to do same business, says RBI

RBI says bank's NBFC group entities that have not been independently identified as NBFC-Upper Layer are now exempted from listing

Under pressure bank NIMs to squeeze further after RBI's 25 bps cut

Banks may face further margin pressure as repo-linked loan rates reset faster than deposits, though liquidity support and CRR cuts could soften the impact in Q4

Nearing expiry: SBI seeks tax break extension for its GIFT City unit

SBI has asked the Centre to extend its 10-year tax holiday at GIFT City, saying early entrants lost effective benefit years. Experts warn activity could shift offshore if incentives lapse

Importers rush to hedge while exporters wait on sidelines amid rupee dip

The domestic currency touched a fresh low of 90.41 against the dollar on Thursday but gained back its intraday losses to close at 89.98

RBI approves Vikram Sahu as CEO of Bank of America in India: Internal memo

Sahu will report to Jin Su, president of Asia Pacific, Bank of America

Yields on outstanding loans fall 4 bps in Oct; fresh loan yields up 14 bps

In the last three months, the WALR on fresh loans declined by 17 bps for the banking sector

RBI Deputy Governor bats for T20 agility, Test stability in finance

RBI Deputy Governor Swaminathan J says India's financial system needs both the innovation and speed of T20 cricket and the discipline and longevity of Test cricket

Bandhan Bank's ₹7,000 crore MFI portfolio sale evokes interest from ARCs

At right price, ARCs are eager to acquire the portfolio

Digital banking cannot be made mandatory to access other services: RBI

RBI's new digital banking rules mandate explicit customer consent, prohibit banks from forcing digital channels for accessing other services and tighten risk controls

Canara Bank raises ₹3.5K cr via AT1 bonds; Bharati Telecom raises ₹8.5k cr

Canara Bank has raised ₹3,500 cr through its first at1 bond issue of FY26, while Bharti telecom secured ₹8,500 cr via short-tenor bonds to refinance upcoming maturities amid rising bank bond activity

RBI Deputy Governor Swaminathan urges MFI lenders to review pricing

At an MFIN event in Mumbai, RBI Deputy Governor Swaminathan J. said microfinance lenders must ensure pricing reflects cost and risk, improve borrower assessments

Non-banks served 45% of commercial sector's funding till October

Corporate bond issuances surge as non-bank channels match banks in FY26

Bandhan Bank to sell unsecured NPAs worth nearly ₹7,000 crore to ARCs

According to sources, the bank may consider selling more such loan pools if the current portfolios receive strong interest from ARCs

There is still room for us to reduce commission: Bajaj Life Insurance MD

MD & CEO of Bajaj Life Insurance, spoke about how the company has navigated the challenges related to the withdrawal of Input Tax Credit (ITC), how life has been after Allianz's exit

No systematic bias in inflation forecasts, asserts RBI dy guv Poonam Gupta

RBI Deputy Governor Poonam Gupta said MPC inflation and growth forecasts show no directional bias and outlined the central bank's multi-model forecasting approach

Insurance industry seeks stability amid regulatory and tax turbulence

Regulatory shocks and withdrawal of a tax benefit slowed down growth, nudging firms to focus on affordability, efficiency and chasing more customers

State-run firms taper debt fundraise on rate-cut hopes ahead of MPC meet

₹14,735 cr raised against ₹24,800 cr plan as PFC, Nabard pull short-term bonds

GST boost fuelling growth; private capex showing spark: HDFC Bank

NIMs could improve going forward for the bank as borrowings are replaced by deposits and deposits get repriced downwards

Banks raised ₹55K crore through CDs in fortnight ended November 14

Outstanding certificate of deposits touch an all-time high of Rs 5.34 trillion

Court proceedings won't affect IHC's investment plans: Sammaan MD & CEO

Samman Capital CEO Gagan Banga says IHC's proposed $1 billion investment remains fully intact despite ongoing court proceedings, with regulatory approvals progressing