A Nomura report predicts India's non-banking financial companies will grow faster than traditional banks, driven by AI-powered lending models that enhance efficiency and risk assessment.
Gold and silver prices witnessed a decline in major Indian cities on March 12. Check the latest rates for 24-carat and 22-carat gold, along with silver, in Chennai, Delhi, and Mumbai, and global trends from COMEX.
Swiggy and HDFC Bank have introduced two new co-branded credit cards, offering elevated rewards on everyday spending and travel, aiming to boost customer loyalty and spending.
RailTel Corporation announces dividend details with record and ex-dates, and secures a major order from Power Grid Corporation for telecom infrastructure.
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Leading brokerages including Motilal Oswal, Nuvama, CLSA, Jefferies, and HSBC have issued buy recommendations on five Indian companies, citing growth potential and strategic positioning across financial services, healthcare, auto components, coal, and pha
State Bank of India and Mitsubishi UFJ Financial Group announce a strategic partnership to finance projects, M&A, and real estate deals for Indian and global clients, leveraging new RBI rules.
Four State Bank of India officials in Gurgaon were arrested for allegedly breaking open a chartered accountant's locker without following RBI norms, citing a software glitch that showed it as empty.
The Rajasthan government told the Supreme Court that accused in the Adarsh Credit Cooperative Society fraud must face the law, urging court-supervised repayment to investors across multiple states.
The Bank of England announces Winston Churchill and Jane Austen will be removed from British banknotes, replaced by native wildlife like hedgehogs and puffins following public consultation.
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A new survey of banking IT executives reveals that financial institutions are moving cautiously to adopt AI agents, with APAC banks expecting significant efficiency gains in software development.
Markets regulator SEBI introduces a lighter certification module for sales personnel and relationship managers, reducing regulatory burden and improving ease of doing business in financial services.
Bank of Baroda has announced the results of the preliminary exam for Office Assistant (Peon) recruitment. Qualified candidates are provisionally shortlisted for the online Main exam scheduled for March 22, 2026. Check direct link and details.
A non-banking financial company (NBFC) has approved raising Rs 100 crore through non-convertible debentures (NCDs). The move aims to bolster capital for business expansion and meet regulatory requirements.
Gold prices in India witnessed a sharp decline of Rs 853, settling at Rs 1.62 lakh per 10 grams, driven by a bearish global sentiment and subdued demand in domestic markets.
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A recent report highlights that private life insurers in India achieved a 20% year-on-year growth in individual Annualised Premium Equivalent (APE) in the first quarter of FY25, driven by strong demand for non-linked savings products.
Gold prices in India fell sharply by Rs 853 to Rs 1,62,450 per 10 grams on the Multi Commodity Exchange, reflecting a 0.52% decline amid global bearish trends and high trading volume.
The Central Bank of India has issued admit cards for the Specialist Officer recruitment exam 2026. Candidates can download hall tickets for 350 vacancies, including Marketing and Foreign Exchange Officers.
Billionaire investor Peter Thiel has sold his entire $100M+ Nvidia stake, shifting funds to Apple and Microsoft. The move comes amid concerns about AI bubble risks and Nvidia's market dominance.
The Indian rupee weakened by 4 paise to 91.89 against the US dollar in early trade on Tuesday, influenced by foreign fund outflows and a stronger greenback in global markets.
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CRISIL, the S&P Global-backed ratings agency, has declared a dividend record date for 2026, with details on payment, ex-date, and historical amounts. This move impacts investors and market participants.
The Reserve Bank of India has introduced new guidelines limiting bank dividend payouts to a maximum of 75% of profit, alongside stricter prudential norms to enhance financial stability.
Moody's Ratings and ICRA state the West Asia conflict should have limited near-term impact on India's banking system, though prolonged oil price spikes could dent growth and lift inflation.
The RBI has waived the NOFHC requirement for AU Small Finance Bank's transition to a universal bank, easing restructuring and signaling regulatory confidence. Approval remains valid for 18 months.
Standard Chartered Bank and Shaha Finlease have been fined Rs 6.5 lakh for failing to close a credit card despite a request made 12 years earlier by a Mysuru businessman, VV Venkatesh Babu.
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Kohima Deputy Commissioner B Henok Buchem has instructed banks to ensure their corporate social responsibility activities directly benefit local development in the district, emphasizing accountability and transparency in resource utilization.
The Reserve Bank of India has introduced new prudential norms limiting bank dividend payouts to 75% of profit after tax, effective from the financial year 2026-27, to strengthen capital buffers.
State Bank of India announces SBI Clerk Mains Result 2026 for Junior Associate recruitment. Candidates can check results online for 5,583 vacancies with basic pay of Rs 26,730/month.
Axis Max Life Insurance and Saarathi Finance have announced a strategic partnership aimed at enhancing financial security for India's MSMEs through tailored insurance and credit solutions.
State Bank of India maintains its cautious stance on processing payments for Russian crude oil imports, highlighting persistent financial risks despite temporary US sanctions easing.
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Silver prices in India soared by Rs 10,442 per kg to reach Rs 2.77 lakh, driven by a weakening US dollar and robust demand in global markets.
