Deepak Parekh & HDFC: Pioneers of Indian Home Loans
Deepak Parekh and HDFC transformed India's housing finance sector by pioneering accessible home loans, driving economic growth and homeownership for millions.
Category : Banking
Novo Shares Rise After FDA Warning on Hims & Hers Copycat Pill
Novo Nordisk shares surged over 5% pre-market as FDA warned against illegal copycat weight-loss drugs after Hims & Hers launched a compounded semaglutide pill priced at $49/month.
RBI Announces Rs 25,000 Compensation for Digital Fraud
The Reserve Bank of India mandates Rs 25,000 compensation for bank customers affected by digital fraud, even if they shared OTP with fraudsters, as announced by Governor Sanjay Malhotra.
RBI to Compensate Bank Customers Up to Rs 25,000 for Digital Frauds
The Reserve Bank of India introduces a new compensation framework, offering up to Rs 25,000 to bank customers for losses from digital payment frauds, enhancing consumer protection.
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BOB Office Assistant 2026 Exam Schedule and Pattern Released
Bank of Baroda has announced the preliminary exam dates, pattern, and selection process for 500 Office Assistant (Peon) positions. The online prelims are scheduled for February 22-23, 2026.
MRF Dividend 2026 Announced with Record Date & Results
MRF has declared a dividend for 2026, with the record date set for determining eligible shareholders. The company also released its quarterly results, impacting MRF share price on NSE and BSE.
RBI Doubles Collateral-Free MSME Loan Limit to ₹20 Lakh
The Reserve Bank of India has increased the collateral-free loan limit for micro and small enterprises from ₹10 lakh to ₹20 lakh to enhance formal credit access and support entrepreneurial growth.
Sebi Proposes Investment Flexibility for REITs and InvITs
Market regulator Sebi has proposed expanding investment options for REITs and InvITs in liquid mutual funds, moving beyond current high-credit-rating restrictions. The changes aim to enhance business ease while maintaining safeguards.
RBI Boosts MSME Loans to Rs 20 Lakh, Permits Bank Lending to REITs
The Reserve Bank of India has proposed doubling collateral-free loan limits for MSMEs to Rs 20 lakh and allowing banks to lend to Real Estate Investment Trusts under safeguards to boost credit flow.
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RBI Caps Fraud Compensation at Rs 25,000 in New Guidelines
The Reserve Bank of India announces draft guidelines to protect bank customers from small-value fraud, with compensation capped at Rs 25,000 per case. New rules also address loan recovery practices and digital payment security.
RBI Governor: Low Rates to Persist, More Cuts Possible
RBI Governor Sanjay Malhotra indicates policy rates will stay low for an extended period, with potential for further reductions. The central bank maintains repo rate at 5.25% and a neutral stance.
SBI Life-Backed NBFC Posts Quarterly Results; Shares End Green
A non-banking financial company backed by SBI Life Insurance announced its quarterly financial results, with its shares concluding a volatile trading session in positive territory, reflecting investor confidence.
Paisalo Digital Q3: Flat Profit, Income Up to ₹240 Crore
Paisalo Digital reports Q3 FY26 results with a consolidated PAT of ₹66.3 crore, showing flat growth year-on-year but a 30% sequential rise. Total income surges to ₹240.1 crore, driven by strong net interest income.
RBI Recruitment 2026: 21 Vacancies, Apply by Feb 26
The Reserve Bank of India has launched its Grade A and Grade B recruitment drive for 2026, with 21 specialist vacancies. The online application window is open from February 6 to February 26, 2026.
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AI Transforms Partnership Lending into Mainstream Credit Strategy
Partnership lending has evolved from a peripheral channel to a primary distribution model, with AI driving workflow automation. L&T Finance reveals 70-80% of lending now occurs through partnerships, reshaping credit delivery.
Sebi Proposes Expanding REIT & InvIT Investment Options
Market regulator Sebi has proposed allowing REITs and InvITs to invest in a broader range of liquid mutual funds, easing current credit rating restrictions. The move aims to enhance business flexibility while maintaining safeguards.
RBI Keeps Rates Unchanged: Crisil Economist's Analysis
The Reserve Bank of India maintained its key interest rates, with a Crisil economist citing inflation risks and global uncertainties as reasons for the cautious approach.
Gold, Silver Prices Crash on MCX as Global Cues Weaken
Gold and silver futures on MCX fell sharply for a second session, with silver dropping 6% and gold 2%, pressured by weak global cues, a strong dollar, and increased margin requirements.
RBI Keeps Repo Rate Unchanged at 5.25% in February Policy
The RBI's Monetary Policy Committee unanimously maintained the repo rate at 5.25% and a neutral stance. Analysts suggest the rate-cutting cycle may pause as GDP forecasts rise and inflation remains controlled.
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RBI Proposes Rs 25,000 Payout for Digital Frauds
The Reserve Bank of India plans to compensate customers up to Rs 25,000 for small-value digital frauds and is overhauling consumer protection rules to curb mis-selling and aggressive loan recovery.
Airtel Tests Signals at Navi Mumbai Airport, Pricing Row Persists
Bharti Airtel has started mobile signal testing at Navi Mumbai International Airport, but a pricing standoff with operators delays full connectivity for passengers.
RBI Holds Rates Steady After US Trade Deal Boosts Outlook
The Reserve Bank of India's Monetary Policy Committee has decided to keep interest rates unchanged. Governor Sanjay Malhotra cited intensified external headwinds but noted the recent US trade deal as a positive factor for the economy.
RBI Holds Rates, Adopts Cautious Wait-and-Watch Stance
The RBI's Monetary Policy Committee kept repo rates unchanged at 5.25% and retained a neutral stance, while delaying full-year forecasts due to upcoming GDP and inflation data revisions.
RBI Raises Inflation Projection Due to Precious Metals Prices
The Reserve Bank of India has marginally increased its inflation projection for the current fiscal year and upcoming quarters, primarily driven by rising prices of precious metals. Governor Sanjay Malhotra emphasized the underlying inflation remains low d
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RBI Keeps Rates Unchanged at 5.25% as Growth Outlook Improves
The Reserve Bank of India's Monetary Policy Committee maintains the repo rate at 5.25% while revising GDP growth projections upward to 7.4% for FY26. The neutral stance continues as recent trade agreements with the US and EU provide economic cushion.
Nykaa Stock Hits 1-Year High on Brokerage Upgrades After Q3
FSN E-Commerce Ventures, Nykaa's parent, saw shares surge 6.2% to a 1-year high of ₹274.45 after Nomura upgraded it to 'buy' and JM Financial maintained a bullish stance, citing strong Q3 performance with 157% profit growth.
RBI Announces ₹25,000 Digital Fraud Compensation & New Safeguards
RBI Governor Sanjay Malhotra announced comprehensive measures including ₹25,000 compensation for digital frauds, enhanced customer protection guidelines, and reforms for MSMEs, UCBs, and NBFCs to strengthen India's financial ecosystem.
RBI Proposes ₹25,000 Compensation for Digital Fraud Victims
The Reserve Bank of India has announced a new framework to compensate customers up to ₹25,000 for losses in small-value fraudulent transactions, alongside enhanced digital payment safety measures.
Aye Finance IPO: Key Dates, Price Band, and Details
Aye Finance's IPO launches next week with a price band of ₹122-129 per share, aiming to raise ₹1010 crore. The NBFC focuses on micro-MSME loans, with key dates from February 9 to 16.
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RBI Keeps Repo Rate Unchanged, Ups GDP Forecast
The Reserve Bank of India's Monetary Policy Committee maintains the repo rate at 5.25% with a neutral stance, while revising the GDP growth projection for FY27 upward to 7.4%.
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