Prudential Financial's PGIM is exploring a sale of its loss-making Indian asset management business, acquired from Deutsche Bank in 2015, as rivals like BlackRock double down on the market. Sign up for key market insights.
Federal Reserve Chair Jerome Powell reveals DOJ subpoenas over his testimony on Fed's $2.5B renovation, calling it a pretext to undermine monetary policy independence. Trump denies involvement.
Banks in Kanpur and Lucknow are closed today, January 12, for Swami Vivekananda Jayanti 2026. Check the full city-wise operational status and available digital banking services here.
Banks are closed in several states today, January 12, for Swami Vivekananda's birth anniversary. Check the full state-wise list and plan your banking tasks accordingly.
India's Financial Intelligence Unit unveils stringent AML/KYC rules for crypto exchanges, including live selfies and geo-tracking to curb illegal activities. Learn what this means for investors.
India's FIU enforces strict new KYC rules for crypto exchanges, including live selfie verification and geo-tracking to prevent money laundering. Learn what this means for users.
India's FIU introduces stringent AML & KYC rules for crypto exchanges, mandating live selfie verification, geo-tracking, and penny-drop checks. Learn about the new compliance framework.
India's FIU mandates live selfies, geo-tracking, and penny-drop verification for crypto exchanges to curb money laundering. New rules target ICOs and mixers.
India's FIU mandates selfie verification and penny drop test for crypto customer KYC. Learn how these new anti-fraud measures impact VDA exchanges and users.
US President Donald Trump calls for a 10% cap on credit card interest rates, potentially hitting bank profits and consumer credit access. Read the full analysis.
India's only listed pure-play investment bank, DAM Capital, plans to use its ₹287 crore cash reserves to build stable, fee-based businesses like wealth management and AIFs to reduce earnings volatility. Read its full strategy.
Bank of Baroda's BoB Card is shifting from generic rewards to cohort-specific products focused on healthcare, insurance, and wellness benefits. Learn how they're targeting Gen Z, women, and professionals.
Banks in several states will be closed next week for Makar Sankranti, Swami Vivekananda's birthday, and Pongal festivities. Check the full RBI holiday schedule and know which transactions you can still perform.
India's banking sector records a robust financial turnaround in 2025, with improved asset quality and profitability. Explore the key drivers behind this recovery.
IIFCL's Deputy Managing Director confirms plans to dilute up to 25% government stake, aiming for enhanced valuation and operational flexibility. Read the full details here.
Donald Trump's proposal for a 10% cap on US credit card rates has Indian cardholders, facing up to 42% interest, asking if India could follow. Explore the implications and RBI's stance.
Federal Bank unveils its refreshed brand identity, 'The Fortuna Wave,' in Mumbai, signaling a modern evolution while staying true to its core values of trust and customer commitment. Discover the new look.
PAYG Payments Pvt Ltd receives RBI's in-principle approval for offline and cross-border payment aggregation licenses, marking a key expansion in India's fintech landscape. Learn more about this strategic move.
Banks remain closed across India on January 10, the second Saturday. Get the complete list of upcoming bank holidays for January and February 2026, including state-specific dates.
Axis Bank's Tanay Dalal argues against a rapid rupee devaluation. A gradual approach to finding fair value while avoiding shocks is optimal for India's economy. Read the analysis.
The Indian government offers Vodafone Idea a major cash flow relief by capping its annual AGR dues payout at Rs 124 crore for six years. This move aims to ensure sector competition and protect 20 crore consumers. Read the full details.
India's foreign exchange reserves fell sharply by $9.9 billion to $552 billion as RBI sold dollars to support the rupee. Get the full analysis of the rupee's decline and central bank action.
RBI Governor Sanjay Malhotra announces enhanced offsite surveillance using AI and analytics for early risk detection in banks. Learn about the shift from periodic to continuous monitoring.
Ahmedabad consumer forum directs Oriental Insurance to pay Rs 5 lakh mediclaim with interest & compensation for wrongly citing pre-existing disease. Landmark ruling for policyholders.
Public sector banks in Gujarat will be shut for four consecutive days from Jan 24 to 27, disrupting services. Plan your cash and cheque needs. Digital channels will remain open.
RBI Governor Sanjay Malhotra urges banks and regulated entities to jointly develop analytics tools to proactively prevent digital fraud. He highlights the RBI's new AI model, MuleHunter.AI, and stresses that enforcement actions aim to correct, not punish.
PHDCCI outlines a crucial pre-budget agenda for BFSI sector, advocating for a Green Bank, MSME credit reforms, and financial stability measures. Read the key proposals.
India's foreign exchange reserves declined by $980 million to $686.80 billion for the week ending May 17, as per RBI data. Explore the key factors behind this drop and its economic implications.
Vodafone Idea secures a crucial lifeline with a Rs 124 crore annual payout cap for six years. Learn how this restructuring aids the telecom giant's revival and impacts India's telecom sector.
India's foreign exchange reserves declined by $9.809 billion to $686.801 billion for the week ending January 2, as per RBI data. Read the full analysis of the components and what this means for the economy.