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RBI proposes Rs 25,000 compensation for small-value digital frauds

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

A new hand on the wheel at Yes Bank: Vinay Tonse named new MD & CEO

Vinay Tonse will replace Prashant Kumar as MD & CEO as bank readies next growth push

Ex-SBI MD Vinay Tonse to succeed Prashant Kumar as Yes Bank MD & CEO

RBI has approved the appointment of former SBI managing director Vinay Tonse as Yes Bank's MD & CEO for three years, subject to shareholder approval

Union Budget 2026-27: High-level panel set to review banking sector

The proposed committee could examine long-pending issues such as corporate entry into banking, FDI norms, voting rights caps and consolidation

SBI launches CHAKRA, to invest ₹100 trn in sunrise sectors over 5 years

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

Bank credit growth moderates to 13%; deposit growth eases to 10.6%

Bank credit growth slowed to 13.1% and deposit growth to 10.6% in early January, RBI data shows, though FY26 credit outlook remains positive

Economic Survey: High cost of capital constraining pvt investment, growth

For India to finance sustained growth, it must strengthen long-term capital markets as bond market currently is shallow, illiquid

Corporates return to loans; wholesale credit rises for private banks in Q3

Corporate borrowers are returning to bank loans as pricing gaps with bonds narrow, driving strong wholesale credit growth for private banks in Q3 FY26

Monthly average ticket size of ATM withdrawals increased 4.5% in CY25

ATM cash withdrawals rise in 2025 as average ticket size grows 4.5% to ₹5,835, with semi-urban and rural areas leading consumption demand

Axis Bank Q3 results: Net profit rises 3% to ₹6,490 cr, NII at ₹14,287 cr

The bank's domestic net interest margin (NIM) was down 9 basis points (bps) in Q3 at 3.64 per cent over Q2

Value of CDs climbs to ₹5.75 trillion, rates cross 7% for marquee banks

Deposit tightness has pushed certificate of deposit outstanding to a record ₹5.75 trillion, with marquee banks raising one-year funds at over 7%

Kotak Mahindra Bank consol Q3 net profit up 5% YoY to ₹4,924 crore

The bank reported marginally higher provisions in Q3 at ₹810 crore, up 2 per cent YoY. However, sequentially, provisions of the lender was down 15 per cent

Arijit Basu quits HDB Financial, appointed chairman of IndusInd Bank

Sunil Mehta to step down from the helm of IndusInd following completion of his term on Jan 30

IndusInd Bank's Q3FY26 results: Net profit slumps 91% to ₹128 crore

Sunil Mehta to step down as chairman and director

Arijit Basu: The veteran SBI banker who will now chair IndusInd Bank

Arijit Basu quits HDB Financial Services and is appointed part-time chairman of IndusInd Bank, replacing Sunil Mehta, who demits office at end of his term

Banks raise Rs 89.5k crore via CDs in December fortnight, rates surge

Banks raised Rs 88,512 crore through certificates of deposit in the last fortnight of December as deposit growth lagged credit growth, pushing short-term borrowing rates above 7 per cent

Record $32 billion raised in 2025 through overseas syndicated loans

Pipeline robust as firms look at more acquisitions

Net FDI negative for 3rd straight month in Nov due to high repatriation

Net FDI in April-Nov period grows 7x to $5.6 billion compared to same period last year

India's financial assets & liabilities logs strong growth in FY24: RBI

India's financial assets and liabilities expanded at a robust pace in 2023-24, supported by strong economic growth, rising household savings, deeper financial intermediation and healthier sectoral bal

Apple Pay likely to enter India market this year, launch seen by end-2026

With this service, customers can save their credit and debit cards to the Apple Wallet