Smartphone EMI Growth Slows as RBI Reviews Device Locking Rules
India's smartphone financing sector contracts as RBI debates remote-locking rules. Outstanding loans fall to ₹22,279 crore. Will new policy balance lender risk with digital inclusion?
India's smartphone financing sector contracts as RBI debates remote-locking rules. Outstanding loans fall to ₹22,279 crore. Will new policy balance lender risk with digital inclusion?
South Indian Bank has launched a recruitment drive for experienced professionals for Credit Analyst, Technical Manager & Lead Analyst roles. Apply online before January 17, 2026.
After 36 years as a modest player, LIC Mutual Fund targets ₹1 trillion AUM by tapping its parent's 1.48 million agents. Experts warn persistent underperformance of key equity schemes remains a major hurdle.
JPMorgan Chase's asset management unit, overseeing $7 trillion, ends all external proxy adviser use. It will now rely on an in-house AI platform called Proxy IQ for shareholder voting decisions.
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RecommendedFederal Bank closes online registration for Office Assistant Recruitment 2026 tomorrow, Jan 8. Check eligibility, salary up to ₹37,815, and apply now!
Bank of Maharashtra's board will meet on January 13, 2026, to approve Q3 FY26 financial results and consider an interim dividend. Key details for investors.
State Bank of India has released the SBI Clerk Mains 2025 scorecard. Candidates can now download their scorecards from the official website. Check steps and direct link here.
Citigroup and JPMorgan opt out of SBI Funds Management's $1.4 billion IPO, citing extremely low fees of 0.01%. Discover the fee war and its impact on India's booming IPO market.
IDFC FIRST Bank unveils the Diamond Reserve Credit Card with 0% forex markup, premium travel rewards, and lifestyle benefits for affluent global travellers. Annual fee waiver on spends over ₹6 lakh.
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RecommendedThe Reserve Bank of India has released draft guidelines for 2026 governing how banks declare dividends and remit profits. Stakeholders can submit feedback until February 5, 2026.
UCO Bank celebrated its 84th Foundation Day in Kolkata, charting a future focused on digital innovation, financial inclusion, and sustainable growth. Read about their vision and achievements.
A Rajkot couple moves Gujarat HC after gold pledged for MSME loans goes missing from Indian Bank. The bank allegedly suppressed info for months. Read the full story.
Bank of Baroda plans to double its prepaid card base to 1 million, seeking external partners. The bank's active card rate is 25%, above industry average. Learn about the strategy and incentives.
A Rajkot couple has moved Gujarat High Court after Indian Bank lost their pledged gold ornaments worth Rs 1.15 crore. The bank allegedly hid the loss for months while charging interest. Read the full story.
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RecommendedBank of Nova Scotia's CEO says rightward political moves in Latin America and renewed US influence will benefit the bank's international business. Read more on the regional outlook.
RBI proposes new rules linking bank dividends to capital adequacy & profit quality from FY27. Banks paid over Rs 75,000 crore last year. Know the key conditions.
The AP & Telangana Bank Employees Federation's 850km 'Jana Chaitanya Yatra' reached Vijayawada, demanding protection for public sector banks, staff recruitment, and a 5-day work week. Read more.
Haveri MP Basavaraj Bommai pushes banks to boost local lending, reviews key schemes, and sets a high credit-deposit target for Gadag district. Read more.
India Post's massive network of 1.6 lakh branches is being leveraged to sell mutual funds. Can this ambitious plan bridge the financial inclusion gap? Read more.
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RecommendedFitch Ratings says enhanced RBI oversight and a robust supervisory toolkit are lowering systemic risks for Indian banks. Strong metrics and economic growth offer a positive outlook. Read the full analysis.
SBI Clerk Mains Result 2025 is expected to be released soon. Candidates can check the official date and direct link for results on the SBI careers portal. Stay updated.
MP Rajya Sahakari Bank announces 2076 vacancies for Computer Operator, Society Manager & Officer posts. Apply online from Jan 6, 2026, on apexbankmp.bank.in. Check eligibility & dates.
Govt mulls women-centric financial measures for Budget 2026, focusing on credit cards, loans & insurance via Jan Dhan accounts to boost inclusion. Read details.
SBI Life-backed NBFC Paisalo Digital raises ₹188.5 crore at 8.5% ROI to strengthen its capital base and expand its lending operations across India. Read more.
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RecommendedSBI Life Insurance's NBFC subsidiary, SBI Life Insurance Company Limited - NBFC, raises Rs 500 crore through NCDs to strengthen its capital base and support business growth. Details inside.
The Centre is set to announce a large one-time credit guarantee scheme for NBFC-MFIs in Budget 2026-27 to ease liquidity, boost lending to low-income households, and reverse the sector's declining loan portfolio. Read more.
Banks across multiple Indian states will be closed next week for Pongal, Lohri, and Makar Sankranti. Check the state-wise list of holidays to plan your financial transactions.
The RBI Services Board closes the application window for 93 expert Grade C, D, and E posts today, January 6, 2026, at 6 PM. Apply now at opportunities.rbi.org.in before the deadline.
A Gurgaon resident discovered an unauthorized loan of Rs 20,000 on his CIBIL report, leading to recovery calls. An FIR for cheating and impersonation has been registered. Learn how to protect your credit score.
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RecommendedStablecoins had a breakthrough year in 2025, but the race for the perfect 21st-century money is far from over. Explore the five critical questions shaping digital currencies in 2026, from CBDCs to geopolitics.