Rupee Weakens to 89.40, Close to All-Time Low
Indian rupee faces pressure near lifetime low of 89.49 despite RBI support. Importer dollar demand outweighs exporter flows as Fed rate cut hopes rise. Key indicators and analysis.
Category : Banking
Delhi to Return Unclaimed Money via Bank Camps
Delhi CM Rekha Gupta announces collaboration with banks under 'Apki Punji, Apka Adhikar' to return unclaimed deposits. Over Rs 1,887 crore already returned nationwide. Learn how to claim your money.
Telangana Plans Alternative Credit Scoring System
Telangana will unveil its alternative credit scoring mechanism through TIB at the Telangana Rising Global Summit on December 8-9, 2025, boosting financial inclusion.
Denmark's First Female Central Bank Governor Dies at 85
Bodil Nyboe Andersen, Denmark's pioneering female central bank governor who served from 1990-2005, passed away at 85. She navigated financial crises and broke gender barriers in banking.
Sebi Offers 1% Bonus for B-30, Women MF Investors
Sebi introduces 1% commission for distributors onboarding first-time investors from B-30 cities and women investors. Effective Feb 2026, with ₹2,000 cap per investment.
India's Unified Portal for Unclaimed Assets Soon
India's finance ministry and RBI are creating a single portal to search & claim unclaimed deposits, shares, and pensions. Aims to return billions in idle funds to citizens.
RBI Allows Lower Home Loan Rates with Better Credit Score
RBI's new 2025 directions let borrowers request lower interest rates when credit scores improve. Learn how to save thousands on home loans and become debt-free faster.
Bank Recruitment 2025: 3000+ Jobs Before Dec 1
Major banking recruitment drives offer 3000+ vacancies across BOI, Bank of Baroda, IPPB & Central Bank. Application deadlines approach November 30-December 1. Apply now for stable banking careers!
Manishkumar Jain Named CEO of Equirus Finance NBFC
Equirus Group appoints Manishkumar Jain as CEO of its new RBI-approved NBFC, Equirus Finance. Jain to lead expansion focusing on HNIs and family offices with bespoke funding solutions.
Indian Bank Delivers 601% Returns Over 10 Years
Indian Bank's remarkable turnaround from NPA crisis delivers 601% returns in a decade, outpacing Sensex. Discover how reforms and digital transformation fueled this multibagger performance.
China Taiping Shares Fall 8.1% on HK$2.6B Fire Risk
China Taiping Insurance shares plummet as HK$2.6 billion exposure to deadly Hong Kong fire raises concerns. Analyst warns coverage 'seriously underinsured' for 2,000-unit complex.
Gold Loans: Fastest Funding Option in India
Discover why gold loans are becoming India's preferred quick funding solution. Learn about benefits, interest rates, and how to leverage your gold assets effectively.
RBI's Poonam Gupta Defends MPC Inflation Projections
RBI Deputy Governor Poonam Gupta addresses criticism of MPC's inflation forecasts, denies systematic bias. Learn about RBI's four-pronged approach and new data initiatives.
RBI's PA-CB License Ignites Fintech Funding Boom
India's cross-border payments transform as RBI's new license enables fintechs to capture 20% of $1.6T market. Startups raise millions to streamline exports for SMEs.
Odisha SBI branch uses tractor-ladder after demolition
An SBI branch in Odisha's Bhadrak became inaccessible for 2 days after an anti-encroachment drive demolished its staircase. Staff & customers used a tractor-mounted ladder. Full story inside.
Gujarat Police collects Rs 18L+ fines via BBPS
Gujarat Police collected over Rs 18 lakh in traffic fines via the Bharat Bill Payment System in three weeks. Learn how to pay your e-challan online easily and avoid virtual court.
WazirX Drops Trading Fees for ₹99 Monthly Plan
Indian crypto exchange WazirX launches zero transaction fee model with ₹99 monthly charge. Unlimited trading across 300 tokens now available. Save thousands annually!
Noah Q3 2025: Solid Overseas Growth & AI Integration
Noah Holdings announces impressive Q3 2025 results with 20.5% overseas AUA growth and complete AI integration. Global expansion strategy delivers strong momentum for wealth management.
Bank Glitch Shows Woman Owes $50 Billion
Maddie McGivern discovered her Chase account showed negative $50 billion after a normal night out. The banking error was later resolved as a technical glitch affecting limited accounts.
UPI Ties Up With EU's TIPS For Faster Cross-Border Payments
RBI and European Central Bank begin linking UPI with EU's TIPS system to enable faster, cheaper cross-border payments between India and Europe. Expected completion in 6 months to 3 years.
Bank of Baroda LBO Result 2025 Declared
Bank of Baroda has announced LBO Result 2025 for September 6 exam. Qualified candidates proceed to Language Proficiency Test. Download PDF from official website.
RBI Orders Weekly Credit Score Updates from April 2026
RBI announces weekly credit score updates starting April 2026. Faster updates mean better loan terms and quicker approvals for borrowers. Learn how this impacts your financial journey.
IL&FS Repays ₹48,463 Crore to Creditors by September 2025
Debt-ridden IL&FS group has repaid ₹48,463 crore to creditors, achieving 80% of its ₹61,000 crore debt resolution target. Read the latest updates on NCLAT proceedings.
5 Essential Steps to Report Credit Card Fraud in India
Rising credit card fraud in India demands swift action. Learn the 5 crucial steps to report unauthorized transactions and secure your finances under RBI's zero liability policy.
Bank Glitch Shows Woman Owes $50 Billion After Night Out
Maddie McGivern discovered negative $50 billion in her Chase account after a normal night out. The banking error was resolved as a technical glitch. Read this bizarre financial story.
India's overseas remittances hit 13-month high in Sept
Money sent overseas by Indians under RBI's liberalised remittance scheme rose to $2.8 billion in September, driven by travel spending. Discover the shifting trends in foreign exchange outflows.
Bank Chiefs to Monitor Top NCLT Cases Personally
Public sector bank CEOs must personally oversee top 20 pending NCLT cases and 10 resolution accounts. DFS Secretary Nagaraju urges swift action for better recoveries through IBC ecosystem.
US Relaxes Bank Capital Requirements for Wall Street
US regulators ease capital rules for major banks, freeing $219B for subsidiaries. Fed officials divided on move affecting Treasury market stability. Read analysis.
Sandesara Brothers Settlement Exceeds Bank Claims
Fugitive Sandesara brothers offer Rs 5,100 crore settlement, bringing total recovery to Rs 9,800 crore - far exceeding banks' Rs 6,700 crore demand. ED celebrates biggest PMLA recovery.
Nedbank settles R600m Transnet legal dispute
Nedbank pays R600m to Transnet, ending a long legal battle over interest-rate swaps. The settlement preserves their business relationship. Read the full story.
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