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SFIO questions IndusInd Bank executives on accounting discrepancies

The MCA ordered an SFIO probe into IndusInd after statutory auditors and forensic reports flagged major accounting lapses

At $4.4 bn, Shriram Finance to get India's largest financial-sector FDI

Japan's MUFG Bank can nominate two non-independent directors

Benign inflation outlook calls for lower real interest rates: RBI Guv

MPC minutes: Data suggests some slack persists in economy, said Deputy Guv Gupta

Piramal Finance to sell 14.72% stake in Shriram Life for ₹600 crore

The transaction is expected to close in the quarter ending March 31, 2026, subject to receipt of requisite regulatory approvals

Indian banks face deposit dilemma as RBI rate cuts squeeze margins

Indian banks are struggling to balance deposit mobilisation and margin protection after the RBI's latest rate cut, as savers shift away from banks even as credit growth remains strong

Japan's Mitsubishi UFJ Financial Group looks to buy 20% in Shriram Finance

Shriram group may still stay promoter after $4 bn deal

RBI norms potentially allow capital infusion into Axis Finance: MD & CEO

Amitabh Chaudhry discusses RBI's new norms, potential capital infusion into Axis Finance, margin pressures, deposit trends, credit growth and regulatory changes shaping Indian banking

Payments to be most-used service on YONO 2.0, says SBI chairman C S Setty

According to SBI, with the new YONO app and internet banking now operating on a unified backend architecture and sharing the same user interface, customers will experience seamless omnichannel

IRFC scraps ₹5,000 cr 10-year zero-coupon bonds issue as cut-off rises

Sources said the state-owned institution was looking to raise funds at a similar level but investors wanted a higher cut-off. As a result, it decided to scrap the issuance

Would like to build Unity Bank before IPO to create best value: Bindra

Centrum Group Chief Jaspal Bindra outlines unity bank's expansion strategy, universal bank ambitions and IPO timeline, alongside plans for portfolio diversification and capital strength

Stablecoins can undermine trust in currency, financial system: RBI dy guv

Sankar highlighted that stablecoins do not serve any purpose that cannot be served by fiat money

MSME credit up 18 per cent annually till September 2025, data shows

Growth remained largely stable on a sequential basis, however. Portfolio growth continued to outpace borrower expansion, signalling a shift toward larger ticket-size loans and maturing profiles

GST cuts: Insurers still negotiating commission revisions with distributors

Life insurers have formed committee to discuss the capping of distributor commission

Banks step up borrowing via CDs amid deposit tightness; raise ₹77,875 cr

Outstanding CD issuance tops record ₹5.7 trn during the period

Bank of India raises ₹2,500 crore in tier II bonds at 7.28% cut-off

Bank of India raised Rs 2,500 crore via 10-year tier II bonds at a 7.28 per cent cut-off with a call option after five years; HUDCO raised Rs 1,905 crore via seven-year bonds at 6.98 per cent

IndusInd Bank makes key appointments to strengthen leadership team

IndusInd Bank has made key leadership appointments, naming a new CHRO, chief data officer, head of wholesale banking and an MD and CEO for Bharat Financial Inclusion, its microfinance subsidiary

Power Finance Corporation, Sidbi scrap ₹11,500 crore bond issues

Despite a recent RBI rate cut, investor bids stayed above issuer expectations, forcing PFC and SIDBI to cancel planned bond raises amid rising yields and market volatility

Fino Payments Bank will adopt a cautious approach to lending: MD & CEO

Fresh off its RBI nod, Fino Payments Bank plans a cautious but differentiated path as it transitions into a small finance bank-with digital scale, low-cost liabilities and secured lending at its core

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