Technology-driven NBFC Optimo Capital secures Rs 100 crore funding from Punjab National Bank and signs co-lending partnership with Godrej Finance to disburse Rs 200 crore over the next year, focusing on MSME loan-against-property financing.
RNFI Services Limited partners with Jio Payments Bank to enable cardless cash withdrawals via UPI QR codes across urban, semi-urban, and rural India, enhancing financial access.
Shaan Patel, 22, founded Shaan Patel Asset Management, a quantitative investment firm using data science and algorithms. The SEBI-approved AIF manages around ₹36 crore, reflecting tech-driven trends in India's finance sector.
IDBI Bank's Junior Assistant Manager recruitment drive closes online registration on March 19, 2026. The bank offers 1,100 tentative positions across nine major cities, with selection through a four-stage process including an online test on April 12.
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The Indian rupee crashed 23 paise to close at an all-time low of 92.63 against the US dollar, driven by strong dollar, FII outflows, and high crude oil prices amid West Asia tensions.
Optimo Capital, a tech-driven NBFC, has secured Rs 100 crore funding from Punjab National Bank and partnered with Godrej Finance to disburse Rs 200 crore in MSME loans over the next year, addressing India's credit gap.
The Indian rupee plunged to a historic intra-day low of 92.58 against the US dollar on March 18, 2026, amid market volatility and global pressures.
Bank customers across India should prepare for multiple closures in March 2026, including state-specific festivals and regular Saturday holidays. Digital banking remains available, but branch-dependent services require advance scheduling.
An IT consultant from Kandivli registered an FIR for fraudulent credit card transactions worth Rs 2.75 lakh in Chile and Dubai while he was in India. The case highlights systemic issues in banking security and low recovery rates in Maharashtra's cyber fra
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Major Indian IT stocks including Infosys, TCS, and HCL Tech surged up to 4% after CLSA reaffirmed 'Outperform' ratings. The rebound comes despite ongoing AI disruption fears, with brokerages highlighting robust deal pipelines and attractive valuations.
Indian Infrastructure Finance Company Limited (IIFCL) has released its 2026 recruitment notification for 37 Grade A Assistant Manager and Grade B Manager positions. Online applications open from March 18 to April 10, 2026.
Rajul Sood shares her inspiring career path, emphasizing adaptability, women's leadership, and technology's role in banking transformation. Learn how she built teams and fostered growth.
The government informed Parliament that banks are increasingly using credit scores to assess job candidates, with 20 offers withdrawn in three years due to poor credit history.
The Economic Offences Wing has registered an FIR against bank officials and a valuer for a Rs 33 lakh loan fraud using forged property papers at Canara Bank's Nanda Nagar branch in Indore.
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Power Finance Corporation (PFC) has declared a dividend for the financial year 2025-26. Check the record date, ex-date, and payment date for shareholders.
Gold loans in India are experiencing triple-digit growth, driven by a shift from distress borrowing to monetizing ancestral jewelry for business financing. Loans below Rs 2.5 lakh now account for only 40%, with MSMEs leading demand.
Gold and silver prices show resilience as investors await the US Federal Reserve's policy announcement. Analysts highlight interest rates and Middle East tensions as key drivers for precious metals.
Noida's consumer commission directs Care Health Insurance and Union Bank to reimburse Rs 1,53,709 with interest for wrongfully denying a mediclaim, emphasizing doctors' authority over hospitalization decisions.
A Surat consumer court has directed Bank of Baroda to compensate a customer Rs 3.28 lakh after failing to reverse a failed Rs 10,000 ATM withdrawal for nearly nine years, citing RBI guidelines.
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Finance Minister Nirmala Sitharaman announced the government's plan to expand insurance coverage to 25,000 gram panchayats, aiming to boost rural insurance penetration and use panchayats as focal units for measurement.
Chandigarh Municipal Corporation recommends a CAG audit of Smart City Company finances after a Rs 116 crore fake FDR scam. Internal probe reveals major lapses, with report sent to police for investigation.
The Reserve Bank of India infused Rs 48,014 crore into the banking system through a seven-day variable rate repo auction to manage liquidity after advance tax outflows. Surplus liquidity dropped sharply, with further tightening expected from GST payments.
The District Consumer Commission in Visakhapatnam has directed Canara Bank to compensate a customer ₹50,000 plus legal costs for unfair practices and mental agony related to a housing loan.
The Supreme Court has asked the Centre and RBI to explain why bank account details of deceased persons cannot be shared with legal heirs, urging a policy framework to address unclaimed deposits.
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Kangra Central Cooperative Bank reduces EV loan interest to 7.5% on its 106th foundation day, aiming to boost sustainable transport in Himachal Pradesh.
Finance Minister Nirmala Sitharaman announces health insurance as a government priority, aiming for universal coverage by 2033. Current coverage stands at 58 crore lives with Rs 1.17 lakh crore in premiums.
SEBI has released a consultation paper to modify nomination norms for demat accounts and mutual fund folios, aiming to simplify investor onboarding and align with banking standards. Public comments are invited until April 7, 2026.
The Reserve Bank of India has been honored with the 'Initiative of the Year Award' by London-based Central Banking for launching the .bank.in domain, enhancing cybersecurity and financial stability in India's banking sector.
Zerodha co-founder Nithin Kamath reveals he avoids mobile banking apps due to invasive permissions, contrasting with his company's zero-permission approach on Kite app.
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Speciality Medicines Limited's IPO opens on March 20, 2026, aiming to raise ₹29.14 crore. The BSE SME-listed issue will fund R&D, global expansion, and marketing.
