Category : Banking


Rupee recovers to 90.32 after RBI steps in to sell dollars

The Indian rupee opened stronger at 90.32 against the US dollar, continuing its rebound after RBI intervention. Experts cite global pressures and US tariffs for the currency's 6% fall in 2025. SBI forecasts a strong recovery in late FY27.

Parliament Passes 100% FDI Insurance Bill

Parliament passes the Sabka Bima Sabki Raksha Bill, allowing 100% FDI in insurance. The bill aims to transform the sector, ease coverage access, and bring universal protection by 2047. Read the key amendments.

Insurance FDI Cap Raised to 100% by Parliament

Parliament approves historic amendment to raise FDI limit in insurance to 100%. The move promises greater insurance penetration, lower premiums, and job creation. Read the full story.

Google Pay & Axis Bank Launch UPI Credit Card

Google Pay and Axis Bank launch a new RuPay-powered co-branded credit card, integrating UPI payments with instant rewards and flexible EMI options. Learn more about its features.

Yubi's Digital Mortgage Platform Debuts in UAE

Yubi Group launches its first B2C platform, Yubi Mortgage, in the UAE. This AI-powered digital solution simplifies home loans, connecting borrowers with 25+ lenders for faster, transparent processing. Start your home-buying journey today!

HSBC India Opens New Branch in Indore, MP

HSBC India strengthens its footprint in Madhya Pradesh with a new Indore branch, focusing on wealth management and premium banking services for the region's growing affluent segment.

Rupee Jumps 1% as RBI Sells Dollars to Halt Slide

The Indian rupee surged 1% to 90.0963 against the US dollar on December 17 after the RBI aggressively sold dollars around the 91 mark. Analysts say the central bank intervened to counter speculative positions and support the currency. Read more.

RBI Okays HDFC Bank's 9.5% Stake in IndusInd Bank

The Reserve Bank of India has permitted HDFC Bank to acquire up to 9.5% stake in IndusInd Bank. The investment will be made by group companies, not HDFC Bank directly. Read the full details here.

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