Zerodha's Kamath Exposes Robinhood's $150M Withdrawal Fees
Zerodha co-founder Nithin Kamath reveals how US brokers charge for instant withdrawals while India's UPI remains free. Discover the $150M revenue gap and what it means for Indian fintech.
Category : Banking
NUCFDC to seek SRO status from RBI by January
National Urban Cooperative Finance Corporation plans to apply for Self-Regulatory Organisation status from RBI by early January after crossing ₹300 crore capital threshold, enabling new financial services for cooperative banks.
Maharashtra approves ₹827 crore for 3 cooperative banks
Maharashtra government approves ₹827 crore capital infusion for Nashik, Nagpur & Dharashiv cooperative banks to strengthen rural credit flow. Opposition criticizes timing during election code.
Zerodha CEO: US Banking System Broken Compared to India's UPI
Zerodha founder Nithin Kamath exposes how Robinhood makes $100M from instant withdrawal fees, praising India's UPI system for enabling free transactions. Discover why US banking lags behind.
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Life Insurance Grows 12%, Non-Life Stagnates Post-GST
India's life insurance sector surged 12.06% in October 2025, fueled by a GST waiver, while non-life premiums remained flat. Explore the divergent trends and expert outlook.
Sheetal Tejwani's Rs 60.7 Cr Bank Fraud Exposed
Sheetal Tejwani, accused in Pune's Rs 300 Cr land deal, previously defrauded Seva Vikas Bank of Rs 60.7 Cr using fake documents including scooter plate for Mercedes loan. Read shocking details.
PSU Bank Stocks Rally 500%: Merger Wave Fuels Growth
India's PSU banks stage stunning 500% rally in 5 years, outpacing private peers. Foreign investment floods banking sector as consolidation rumors swirl. Discover the forces driving this financial transformation.
Airtel Money Launches Cloud-Native Mobile Money Platform
Airtel Money launches revolutionary cloud-native mobile money platform powered by Comviva's Mobiquity Pay. Experience faster, secure digital payments across India.
Axis Bank Constructs 57 Disaster Shelters in Mandi
Axis Bank partners with SEEDS to build 57 weather-resistant shelters in Mandi district, providing immediate refuge for disaster-affected families in Himachal Pradesh.
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Life Insurance Industry Posts 21% Growth Despite GST Impact
India's life insurance industry achieved 21% annual premium growth despite October slowdown due to GST waiver removal. Private insurers lead with 26% growth. Read full analysis.
FinMo Redefines Treasury Landscape with Smart Platform
FinMo launches groundbreaking treasury management platform with connected financial intelligence. Discover how it transforms corporate finance with real-time control and insights.
Mumbai Court Jails Two in Rs 26 Crore Bank Fraud
A Mumbai CBI court sentenced a housewife to 3 years in jail and a Rs 1 crore fine for a Rs 26 crore bank fraud with Vijaya Bank. A retired bank official also received a one-year sentence.
RBI Current Account Rules Divide Private and Public Banks
RBI's new current account restrictions for large borrowers create division between private and public sector banks. Private banks fear losing cheap funds while PSBs stand to gain. Read full analysis.
SBI Clerk Mains Exam 2025 Set for November
State Bank of India confirms SBI Clerk Mains 2025 in November for 5,180 Junior Associate posts. Get exam pattern, marking scheme details and preparation tips here.
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Brazil central bank tightens rules for crypto assets
Brazil's central bank has announced stricter regulations for virtual assets, including cryptocurrencies, to combat money laundering and terrorism financing. The new rules take effect in February 2026.
Bajaj Finance Q2 Profit Rises 24% on Robust Loan Growth
Bajaj Finance reports 24% core profit growth in Q2 FY26, driven by strong loan expansion and customer base growth. Assets under management surge to ₹4.62 lakh crore.
UPI Payments Without Internet Now Live in India
Now make UPI payments without an internet connection in India using *99#. A step-by-step guide for feature phones, transaction fees, and security explained. Start banking offline today!
ViewTrade First to Secure IFSCA GAP License at GIFT City
ViewTrade International IFSC becomes first Global Access Provider licensed by IFSCA, enabling Indian investors to access global markets securely from GIFT City. Discover this financial milestone!
Haryana Chief Secretary Reviews Banking Progress, Pushes Credit
Haryana Chief Secretary T.V.S.N. Prasad reviews banking sector progress, directs faster credit disbursement to priority sectors. Key focus on agriculture, MSMEs and government schemes.
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Shriram Life Insurance H1 FY26 Premium Up 17%
Shriram Life Insurance records 17% growth in retail new business premium for H1 FY26, reaching ₹1,204 crore. Strong performance driven by diversified product portfolio.
Indian Banks Profitability to Improve in Coming Quarters
Indian banks' profitability expected to rise with improved net interest margins and stable asset quality. Discover how economic growth fuels banking sector recovery.
SEBI Issues Digital Gold Warning for Indian Investors
SEBI warns Indian investors about unregulated Digital Gold platforms. Learn about the risks and safe alternatives for gold investment. Protect your money today!
InCred Holdings Files for IPO via Confidential Pre-filing
InCred Holdings submits draft papers for ₹3,000-4,000 crore IPO via SEBI's confidential pre-filing route. Learn about the company's financial performance and IPO strategy.
Visa, Mastercard to cut credit card fees for merchants
Visa and Mastercard agree to lower interchange fees and change card acceptance rules, ending a two-decade legal battle. What this means for Indian merchants and consumers.
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India's Forex Reserves Drop to $704.9 Billion
India's foreign exchange reserves declined by $2.79 billion to $704.9 billion as of June 21, 2024. Despite the drop, reserves remain near record highs, providing strong economic stability.
Credit Card Spending Surges 23% to Rs 2.17 Lakh Crore
India's credit card expenditure hits record Rs 2.17 lakh crore in September 2024, showing 23% YoY growth. Discover key trends driving this digital payment boom.
SEBI Alert: Risks in Unregulated Digital Gold Schemes
SEBI warns Indian investors about unregulated digital gold platforms. Learn how to protect your investments and identify legitimate gold investment options. Stay informed!
Bank Holiday: Banks Shut Only on Nov 16
Planning a bank visit? Banks across India will remain closed only on Sunday, November 16, for the weekly holiday. All other days, including the third Saturday, are operational. Get the full RBI holiday details here.
Dimon Calls Mamdani After Socialist's NYC Win
JPMorgan CEO Jamie Dimon extends olive branch to NYC Mayor-elect Zohran Mamdani, reversing his earlier criticism. Discover the Wall Street shift.
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Bank of America Outage Sparks Panic Among Users
Bank of America's nationwide digital outage left customers locked out, with balances showing zero. Over 3,000 complaints reported. Get the latest updates here.
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