The RBI grants in-principle approval for Fino Payments Bank to convert into a small finance bank, marking a historic first. This move will allow it to offer lending services and expand its portfolio. Read more about the implications.
Fino Payments Bank, now an SFB, plans a strategic shift towards secured lending like property loans, avoiding unsecured risks. Read about its merchant-focused growth plan.
The Reserve Bank of India has given in-principle approval for Fino Payments Bank to transition into a small finance bank. This marks a major milestone for the 18-year-old company. Read more about the implications and Fino's unique strategy.
The RBI cut the repo rate by 25 bps to 5.25%, its fourth reduction in 2024. This move signals another round of FD rate cuts. Learn how to protect your savings and lock in higher returns before banks act.
Compare top FD interest rates from leading NBFCs like Muthoot Capital (9.10%), Shriram Finance, and Bajaj Finance. Find the best returns for your investment tenure. Make an informed choice today!
Muthoot Finance's stock surged nearly 94% in a year, fueled by soaring gold prices. However, rich valuations and rising competition now challenge future gains. Read the full analysis.
The government has ruled out any plans to restructure or merge public sector banks. Get details on FDI limits, IDBI Bank disinvestment, and RRB performance.
Bajaj Housing Finance shares tumbled 9% to a 52-week low after promoter Bajaj Finance sold a 2.35% stake worth Rs 1,890 crore. Explore the details and financial performance.
Finance Ministry tells Lok Sabha no PSB merger proposals are under consideration. IDBI Bank strategic sale advances to due diligence stage by shortlisted bidders. Details inside.
Shares of Bajaj Housing Finance tumbled over 9% after a massive block deal worth ₹1,890 crore. The move follows Bajaj Finance Ltd.'s plan to sell a stake. Read for key details and market impact.
Rajasthan's rural development faces crisis as Centre withholds Rs 3,000 crore due to delayed panchayat polls. Vital sanitation, water, and road projects stalled. Learn the full impact.
Banks in Nagaland and Arunachal Pradesh remain closed today for State Inauguration Day and Indigenous Faith Day. Check December 2023 holiday calendar and plan your banking activities accordingly.
US banks reported 13% profit growth in Q3 2025 with FDIC insurance fund reaching $150.1 billion. Problem banks decreased to 57. Read the full analysis.
Singapore's DBS revises Malaysia banking entry strategy, lowering stake purchase in Alliance Bank from 49% to 30% after central bank resistance. Read the full analysis.
India welcomes COP30 outcomes, securing $120B annual adaptation finance and a stand against unfair trade measures like CBAM. A win for climate justice.
Indian banking sector reaches inflection point with strong earnings growth ahead. Private banks lead recovery while public sector banks show improved fundamentals. Read analysis.
Samsung India partners with AU Small Finance Bank to enable Mobile Tap & Pay for Visa credit cardholders via Samsung Wallet. Experience secure contactless payments!
BlackSoil Capital accelerates MSME lending post-merger with Caspian Debt, targeting 50% growth and doubled profits while maintaining 1.5% NPAs. Read how they're transforming small business financing.
Nifty Bank index surged to a record high of 59,264, crossing 59,200 for the first time. PSU banks outperformed, but analysts see private banks leading next growth phase. Read analysis.
Twenty major global banks have joined ICC's sustainable trade finance principles, committing to environmental standards and climate-aligned practices. Discover how this shapes global trade.
State Bank of India becomes first PSU bank to hit ₹9 trillion market capitalization. Stock trades flat after reaching lifetime high of ₹976.80. Analysts divided on near-term prospects.
Singapore Management University partners with global institutions to launch revolutionary platform aligning green finance standards. Discover how this breakthrough transforms sustainable investing.
Discover how AU Small Finance Bank's savings account adapts to your financial journey from first paycheck to retirement. Secure your future with tailored banking solutions.
Discover how AU Small Finance Bank's savings account supports your financial journey from first paycheck to retirement. Learn about features, benefits, and lifelong banking solutions.
Shares of Central Bank, UCO Bank, Punjab & Sind Bank jumped up to 4% as Finance Ministry drafts consolidation roadmap for public sector banks. Expected announcement in April-May.
SBI Chairman Dinesh Khara supports further bank consolidation in India, citing improved efficiency and stronger balance sheets. Learn how this could reshape banking.
World Bank-IMF report reveals critical regulatory gaps in India's financial sector, highlighting limited RBI powers and differential treatment of public vs private institutions.
Chandigarh transfers Rs 85 crore from inoperative accounts to RBI's DEAF account. Learn about unclaimed deposits and how to reclaim your money.
NUCFDC plans to request RBI permission for smaller urban cooperative banks with net worth below ₹50 crore to offer digital banking services, aiming to boost financial inclusion.
Indian banks face rising AI implementation costs up to 40% while cybersecurity risks escalate. S&P Global Report reveals critical challenges in digital transformation journey. Learn how banks are navigating this complex landscape.