Infibeam Avenues Gets Payment Provider Nod at GIFT IFSC
Infibeam Avenues Ltd gets regulatory approval to operate as payment service provider from GIFT City's IFSC, marking significant expansion in financial services ecosystem.
Category : Banking
RBI approves municipal bonds for repo, reverse repo deals
In a landmark move, the Reserve Bank of India has approved municipal bonds for repo and reverse repo deals, creating a new asset class and boosting urban infrastructure financing across Indian cities.
VinFast & YES BANK Partner for EV Financing in India
Vietnamese EV giant VinFast partners with YES BANK to offer comprehensive financing solutions, making electric vehicles more accessible to Indian consumers with attractive loan options and seamless processes.
Union Bank & Indian Bank Get RBI Nod for Overseas Merger
In a strategic banking sector reform, Union Bank of India and Indian Bank receive RBI approval to merge overseas operations. This landmark decision enhances international presence across 13+ countries including UK, UAE, and Hong Kong.
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Foreign Investors Bet Big on Indian Private Banks
Discover why global investors are pouring money into Indian private banks and what this signals about the health and future prospects of India's banking sector.
October 2025 Bank Holidays: 15 Closure Days
Plan your banking activities in October 2025 with this complete guide to bank holidays. RBI has announced 15 days of bank closures including Dussehra and Diwali celebrations across different states.
Bank Holiday: Chhath Puja Closures on Oct 28 - State List
Planning bank visits this Chhath Puja? Here's your complete guide to bank holidays across Indian states on October 28. Check if your city's banks are operating.
NBFCs Sell Unsecured Loans to Cut Risk
Indian non-banking financial companies are strategically selling unsecured loan portfolios to banks and other investors amid regulatory scrutiny and rising risk concerns. Discover how this trend is reshaping lending practices.
13 convicted in ₹45 lakh bank fraud case by CBI court
A special CBI court in Chandigarh has convicted 13 individuals in a sophisticated ₹45 lakh bank fraud case involving forged documents and conspiracy. Discover the shocking details of how they manipulated the banking system.
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Huntington Bancshares Buys Cadence Bank in $7.4B Deal
Columbus-based Huntington Bancshares announces landmark $7.4 billion acquisition of Cadence Bank, creating a banking powerhouse with expanded Southern US footprint and enhanced digital capabilities.
LIC Investment Report Baseless: HP Ranina
Renowned tax advocate HP Ranina dismisses Washington Post allegations about LIC's investment practices as baseless, defending India's largest insurer's financial integrity and regulatory compliance.
Sundaram Home Finance Q2 Profit Hits ₹75 Crore
Sundaram Home Finance reports impressive ₹75 crore net profit in Q2 FY2024, showcasing strong growth in disbursements and assets under management despite market challenges.
TMB Q2 FY26: Net Profit Up 4.9%
Tamilnad Mercantile Bank reports impressive 4.9% growth in net profit for Q2 FY26, showcasing robust financial health and strategic growth initiatives in the competitive banking sector.
Erode Bank Gold Scandal: Two Employees Arrested
Two employees of Erode Cooperative Urban Bank face serious charges after allegedly misappropriating gold jewellery worth lakhs from bank lockers. The shocking fraud was uncovered during an internal audit.
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Huntington Bancshares Acquires Cadence in $7.4B Bank Deal
In a landmark banking sector consolidation, Huntington Bancshares acquires Cadence Bank for $7.4 billion through an all-stock transaction, significantly expanding its presence across the lucrative Southern US markets.
HSBC's $1.1B Madoff Fraud Provision Hits Shares
Global banking giant HSBC sets aside massive $1.1 billion provision for potential losses linked to Bernie Madoff's infamous Ponzi scheme, causing stock market jitters.
Madras HC: Crypto is Property, Boosts Investor Safety
Madras High Court recognizes cryptocurrency as property, marking a pivotal moment for investor rights and regulatory clarity in India's digital asset space.
IFSCA Seeks Public Comments on Digital Securities Mandate
GIFT City's financial regulator IFSCA seeks public comments on making digital securities mandatory, aiming to boost transparency and efficiency in international financial markets.
Bajaj Markets: Low-Interest Bike Loans Online
Discover how Bajaj Markets is transforming two-wheeler financing in India with digital-first, low-interest bike loans that make ownership dreams a reality.
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Supreme Court Issues Notice in Kapil Wadhawan Bail Case
Former DHFL promoter Kapil Wadhawan's bail plea reaches Supreme Court as CBI investigates massive ₹34,615 crore bank fraud case. Court issues notice to investigating agency.
Kotak Bank Delays RoE Target to FY26 Amid Capital Woes
Kotak Mahindra Bank faces investor disappointment as it pushes back its return on equity target to FY26. Discover how capital adequacy challenges and regulatory pressures are reshaping India's banking landscape.
Kotak Bank Shares Drop 3% After Q2 Results
Kotak Mahindra Bank faces market pressure as shares drop nearly 3% post-Q2 results. Analysis of NII growth, asset quality, and what the future holds for one of India's leading private banks.
Bank Holiday Today: Chhath Puja City List
Planning bank work today? Check our comprehensive city-wise guide to see if banks are closed for Chhath Puja on October 27 across India. Don't make an unnecessary trip!
RBI: Credit Growth Soars to 16.1%, Signals Economic Revival
Latest RBI data shows non-food credit growth hitting multi-year highs at 16.1%, signaling strong economic revival. Industrial credit accelerates while services sector leads expansion.
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ICICI Bank extends CEO Sandeep Bakhshi's tenure by one year
ICICI Bank extends Sandeep Bakhshi's tenure as CEO for another year amid market speculation about leadership stability and RBI's role in banking talent management.
SBI Hiring 3500 Officers: 30% Women Workforce Target
State Bank of India announces massive recruitment drive for 3,500 officers this year with strong focus on gender diversity. Banking sector shows robust job growth amid economic expansion.
ICICI Securities Bullish on Jio and Airtel Growth
ICICI Securities predicts strong growth for Reliance Jio and Bharti Airtel as India's telecom sector enters profitable phase with rising tariffs and 5G expansion.
SBI Recruits 18,000 with 30% Women Hiring Push
State Bank of India launches recruitment drive for 18,000 positions including officers, clerks & junior associates with strong focus on gender diversity and women employment.
Chhath Puja 2025 Bank Holidays: Oct 27-28 Status
Planning your banking activities for Chhath Puja 2025? Get the complete state-wise holiday list for October 27 and October 28. Find out which states will have bank closures and plan your financial transactions accordingly.
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Kotak Bank Q2 Profit ₹4,468 Cr, Loans & Deposits Grow
Kotak Mahindra Bank reports robust Q2 FY26 performance with consolidated profit reaching ₹4,468 crore. Strong growth in loan book and deposits signals healthy banking sector recovery. Read full analysis of financial results and future outlook.
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