Banking

Fund Review: Kotak Bond Short Term Fund

Fund Review: Kotak Bond Short Term Fund

When patience stops paying

The IBC's long wait is driving creditors elsewhere

RBI proposes temporary debit holds on suspected money mule accounts

Banks can hold fraud-linked amounts immediately; customers get 20 days to explain transactions

RBI bites the durable liquidity bullet with ₹1 trillion bond sales

10-year bond yield hits 7% after three months

OpenAI launches ChatGPT for financial services: Here's what it offers

The product combines built-in financial data with GPT-6 Astra's reasoning capabilities and has been developed in partnership with Morgan Stanley and Evercore

HDFC Bank woes put spotlight on leadership continuity, top-tier handovers

The woes at HDFC Bank have put the spotlight back on leadership continuity and how lenders oversee top-tier handovers, reports Raghu Mohan

Strong FCNR(B) flows drive excess liquidity to 4-year high of ₹6.65 trn

Muted response to fresh ₹10 trn VRRR auctions; rupee appreciates to two-month high

EssilorLuxottica clan's $47 billion fortune rift grows with heir's exit

A feud among Leonardo Del Vecchio's heirs over his €40 billion fortune is deepening, raising governance concerns at Delfin and its key investments

A quiet revolution is lifting the poor

Much has been said about over-lending and defaults. Here's how lending works for the bottom-of-the-pyramid

Opportunities in the solar sector

In this session, Nishant Sood, Managing Director, Candi Solar India, talks about the solar sector and provides career tips to the B-Schoolers.

PSBs turn 'Banking for Youth' into an entry-level hiring pipeline

State-owned banks plan to use the MY Bharat portal to offer internships and training to young people and build a pipeline for recruitment into entry-level banking jobs

Risks facing UCBs no longer confined by size or geography: RBI DG

RBI Deputy Governor Swaminathan J says growing reliance on technology and third-party providers exposes smaller banks to cyber, digital fraud and operational risks

RBI extends recovery norms deadline, eases certification timeline

The RBI has deferred implementation of revised recovery norms to January 2027 and given regulated entities a year to certify existing recovery agents through the IIBF

RBI to absorb ₹1.5 trillion via VRRR as liquidity tops ₹3 trillion

The Reserve Bank will conduct a seven-day variable rate reverse repo auction after surplus liquidity in the banking system crossed Rs 3 trillion, keeping overnight rates close to the SDF

The knives are out for the world's oldest bank as takeover battle heats up

The world's oldest bank faces a high-stakes takeover battle as consolidation reshapes Italy's banking sector and tests Monte dei Paschi's independence

TMB posts record Q1 net profit of ₹412 cr on improved asset quality, income

Private sector lender reports record quarterly earnings on improved asset quality, higher income and business growth, while targeting higher FCNR(B) deposits

Catch the scam if you can: Rising frauds expose growing governance gaps

Despite tech investment, rising complexity in frauds exposes governance gaps and digital vulnerabilities. There is an urgent need for stronger oversight

BUSINESSNEXT secures $40 million funding to expand autonomous banking

The autonomous banking platform will use the funds for research and development and expansion into Australia and New Zealand, while strengthening its private AI capabilities

Indian Overseas Bank's Q1 FY27 net profit rises 49% on strong income growth

The state-owned lender reported a 49.3 per cent rise in Q1 FY27 net profit, supported by strong growth in net interest income, non-interest income and improving asset quality

Will re-evaluate universal bank licence application: Jana SFB chief

Jana Small Finance Bank expects 80% profit growth in FY27 as microfinance stress eases, while remaining open to reapplying for a universal banking licence