Crypto and retail firms rush to become banks under Trump
Ripple, Coinbase, and Walmart are seeking bank charters as Trump-era regulators welcome new players. Explore the risks and opportunities for India's fintech sector.
Category : Banking
IBPS Clerk Prelims Result 2025 Expected in November
IBPS Clerk Prelims Result 2025 for 13,533 vacancies is expected soon on ibps.in. Check steps to download your scorecard and details about the Mains exam.
Kotak Bank Plans First Stock Split in 15 Years
Kotak Mahindra Bank announces board meeting to consider stock split proposal, marking first such move since 2009. Decision could make shares more affordable for retail investors.
Bihar Banks Open for Election Results Today
All banks in Bihar remain operational today, November 14, for assembly election results declaration. Online banking services available nationwide. Check banking schedule details.
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US House Probes Morgan Stanley Over Chinese Gold IPO
Morgan Stanley faces Republican scrutiny over due diligence in $3.7B Zijin Gold IPO. US committee questions ties to blacklisted Chinese parent company. Read the full investigation details.
Insurance firm to pay ₹54 lakh compensation in Chandigarh
United India Insurance ordered to pay ₹54 lakh compensation to Chandigarh family for claim denial. Consumer Commission rules in favor of policyholder's heirs. #InsuranceClaim #ConsumerRights
Block Adds Stablecoin Support in Major Crypto Pivot
Jack Dorsey's Block makes dramatic shift from Bitcoin purity to stablecoin integration in Cash App, signaling industry-wide recalibration toward regulated digital dollars.
SBI Funds Plans $1.2 Billion IPO in 2026
SBI Funds Management, India's top asset manager, is considering a $1.2 billion IPO in Mumbai by 2026. The firm could be valued at $12 billion. Read more on India's booming IPO market.
SBI to Modernize Core Banking in 2 Years
State Bank of India reveals ambitious 2-year plan to transform legacy banking systems through hardware upgrades, open-source migration & microservices. Discover how this affects you.
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Coinbase moves headquarters following Elon Musk warning
World's largest Bitcoin exchange Coinbase relocates headquarters after Elon Musk's regulatory warning. Discover the implications for crypto industry and investor safety.
Prem Watsa Reveals Succession Plan for Fairfax Financial
Indian-Canadian billionaire Prem Watsa confirms son Ben will lead Fairfax Financial Holdings. Discover the succession strategy and Fairfax's $7 billion India investments. Read more!
Banks to raise Rs 15,000 cr via Tier II bonds
Indian banks plan to raise Rs 15,000 crore through Tier II bonds by December. Discover the key drivers behind this surge, including rate cut expectations and regulatory needs.
Tech Revolutionizes Zero Balance Account Opening
Discover how digital innovations are transforming banking in India, making zero balance account opening paperless and accessible to millions. Learn about the tech driving financial inclusion.
Indian Banks' AI Dilemma: Costs Up 40%, Risks Growing
Indian banks face rising AI implementation costs up to 40% while cybersecurity risks escalate. S&P Global Report reveals critical challenges in digital transformation journey. Learn how banks are navigating this complex landscape.
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SC Reserves Verdict on Aircel, RCom Spectrum Insolvency
Supreme Court concludes hearing on whether telecom spectrum can be sold under IBC. The verdict will impact lenders' dues recovery and set a precedent for future cases. Read more.
How AU Credit Cards Transform Daily Spending Habits
AU Small Finance Bank revolutionizes Indian spending habits with credit-first approach. Discover how their cards enable smarter financial management for everyday purchases.
Metacomp Unveils Regulated Cross-Border Payment Network
Metacomp launches StableX Network, a regulated cross-border settlement system embedding risk intelligence into real-time payments for global transactions.
Credit Card Safety: 7 Steps to Prevent Digital Fraud
As digital transactions surge in India, learn crucial steps to safeguard your credit card from scams. Protect your CVV, PIN, and financial data with expert tips.
Indian rupee slips, RBI defends 83.80 level
Indian rupee declines amid corporate hedging demand, but RBI interventions prevent new record low. Retail inflation hits 0.25% in October. Read latest currency updates.
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Mahindra-Manulife Launch Life Insurance Joint Venture
Mahindra Group partners with Manulife Financial to create 50:50 life insurance JV, targeting India's growing rural market. Read about this strategic partnership.
Bank Manager Arrested for Mule Accounts in Cyber Fraud
CBI arrests Mumbai bank manager for facilitating mule accounts in digital arrest fraud cases. Learn how these accounts fueled cybercrimes across India. Stay informed about financial security.
Kasikornbank Uses AI to Navigate Thailand's Economic Woes
Thailand's Kasikornbank is leveraging AI to boost productivity and adopting cautious lending strategies to counter economic slowdown and high household debt. CEO Kattiya Indaravijaya shares the plan.
Mahindra & Manulife form 50:50 life insurance JV
Mahindra & Mahindra partners with Canada's Manulife for a 50:50 life insurance joint venture in India, with a total capital commitment of ₹3,600 crore. Read more.
RBI Bans Gold Repledging in New Loan Norms
The RBI's new gold loan norms prohibit lending against repledged gold, forcing banks to wind down certain portfolios. Discover the impact on lenders and borrowers.
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CBI arrests bank manager for facilitating cyber fraud accounts
Axis Bank manager Nitesh Rai arrested by CBI for taking bribes to open mule accounts used in digital arrest scams. Investigation reveals wider banking system exploitation by cyber syndicates.
Public Sector Banks Show Strong H1 FY26 Performance
Public sector banks reported robust ₹93,675 crore net profit in H1 FY26 with NPA ratio falling to 2.30%. Finance ministry reviews digital transformation and government schemes progress.
Jharkhand Bank CD Ratio Improves to 52.19% in 2025
Jharkhand's credit-deposit ratio climbs to 52.19%, signaling economic growth. Finance minister urges banks to focus on inclusive lending and govt schemes. Read more.
Govt directs PSBs to ramp up MSME, agriculture lending
Finance Ministry urges public sector banks to increase credit flow to MSMEs and agriculture while maintaining strong risk management and digital expansion. Key initiatives reviewed.
Kinara Capital seeks majority stake sale for survival
Debt-laden Kinara Capital is in talks to sell a majority stake to strategic investors. The NBFC aims to raise funds to restart lending and resolve its ₹1,400 crore debt crisis.
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SBI, Govt Clash in SC Over Spectrum Sale in Insolvency
State Bank of India argues spectrum can be sold under insolvency to recover dues, while government maintains it belongs to the state. Supreme Court hearing continues.
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