Kotak Bank CEO Ashok Vaswani argues full ownership of financial subsidiaries is a strategic advantage, criticizing past stake sales by large banks. Discover the long-term value of integrated conglomerates.
Russia's largest lender Sberbank announces major India expansion: 10 new branches, investing surplus rupees in govt bonds & Nifty. CEO Herman Gref reveals plans. Read more.
As the RBI MPC meets on December 5, markets are split on a rate cut. Track the policy outcome, GDP surge, inflation comfort, liquidity measures, and rupee protection. Get the full analysis.
RBI mandates banks to offer ATM cards, cheque books & unlimited deposits in BSBD accounts. Existing customers can now switch. Discover the new banking freedom.
A new Experian report reveals AI and Machine Learning are revolutionizing credit decisions in India, boosting approvals, cutting bad debt, and expanding financial inclusion. Discover the key findings.
Canada's top lenders increased bonus reserves by 15% for fiscal 2025, driven by active capital markets and volatile trading. Discover which banks led the hikes and why.
The RBI has revoked its 2016 framework that pushed large borrowers to debt markets. The move is expected to boost corporate bank credit by ₹3-4.5 trillion. Read the full analysis.
Finternet, India's next major digital public infrastructure, will debut in capital markets in 2025. Backed by Nandan Nilekani, it aims to unify tokenised assets globally. Read more.
RBI mandates stricter exposure caps for foreign banks' overseas branches, effective April 2026. New rules aim to curb concentration risk and align with global standards. Read the full details.
Russia's largest bank, Sberbank, announces major India push: investing in govt securities, enabling Nifty50 access for Russian retail investors, and expanding operations. CEO Herman Gref reveals plans during Putin's Delhi visit.
Supreme Court will conclude hearings in Jan on ₹8,415 crore Yes Bank AT-1 bond write-off. Final ruling could set precedent for bank rescues and impact bondholders. Read details.
IndiaFirst Life Insurance enters a strategic corporate agency partnership with Dombivli Nagari Sahakari Bank to offer tailored insurance solutions to the bank's customers in Maharashtra.
RBI MPC's 3-day meeting concludes Dec 5. Experts debate a 25 bps repo rate cut as US Fed signals easing. Analysis of impact on stocks, rupee, and growth. Read key insights.
The Reserve Bank of India is likely to permit a gradual rupee depreciation as foreign investment slows. Learn how this impacts India's economy and your finances.
Regulus Retail Forex launches in India, offering institutional-grade liquidity and FSC-regulated operations for retail traders. Discover a new era of secure forex trading.
NPCI International and ACLEDA Bank sign a pact to enable UPI and KHQR acceptance between India and Cambodia, boosting cross-border digital payments. Read more.
Kuwait's Cabinet approves a new law imposing jail terms and heavy fines for unlicensed currency exchange to combat money laundering and fraud. Get the full details on the penalties.
Venmo faced a major outage, leaving thousands of users unable to access accounts or make payments. Over 14,000 reports flooded in. Read the full story on the app disruption and user frustration.
RBI's new digital banking framework, effective Jan 1, 2026, tightens bank approvals, mandates explicit customer consent, and bans service bundling. Learn how it protects users.
Mint's investigation reveals LIC's inconsistent voting, raising questions about its dual role as a public insurer and a strategic state investor. Explore the implications for millions of policyholders.
The Indian rupee fell past the key 90-per-dollar level, cementing a weak bias. With RBI intervention measured, analysts expect more pressure and speculative bets against the currency.
A new report reveals compact cars and SUVs account for three-fourths of motor insurance claims in India, while electric vehicles are the most expensive to repair. Discover the data shaping insurance premiums.
Ghaziabad consumer commission orders Star Health to pay Rs 50k claim, rules treatment method is for doctors, not insurers, to decide. Read the full verdict details.
NPST secures over ₹300 crore from Tata Mutual Fund to fuel global expansion, AI-driven payments innovation, and strategic acquisitions. Read more about this fintech milestone.
The RBI's Monetary Policy Committee has started its crucial meeting. The decision on key interest rates, expected on December 5, comes amid falling inflation and strong GDP growth. Read the full analysis.
Fraudsters are posing as bank officials to trick credit card users into sharing OTP & CVV. Learn 5 crucial tips to protect yourself from this rising financial scam in India.
The Reserve Bank of India has approved Vikram Sahu's appointment as CEO of Bank of America N.A. in India. Get the latest corporate news and updates here.
A Mint analysis reveals UPI's explosive growth, with daily transactions soaring 6x in value. Discover how small payments for groceries & eating out are driving India's cashless shift.
RBI's MPC keeps repo rate unchanged at 5.5% in December review. Experts see a cautious pause despite low inflation, with a potential cut in Q4 FY26. Full analysis inside.
HSBC India strengthens its Gujarat presence by launching a new branch in Vadodara. The move aims to serve corporate and retail clients, supporting the state's economic growth. Read more.