SBI Mutual Fund's $1.5 Billion IPO Filing by Mid-March
SBI Mutual Fund, India's largest fund house, plans to file its $1.5 billion IPO offer document by mid-March through a confidential route, with SBI and Amundi selling stakes.
Category : Banking
EPFO May Form Committee to Revise Investment Strategy for Higher Returns
The Employees Provident Fund Organisation is considering a high-powered committee to study its investment policy, aiming for better returns on its Rs 31 lakh crore corpus. The move could expand equity investments beyond ETFs.
Two Arrested in Sundargarh for Rs 4.19 Crore Bank Fraud
Police in Sundargarh district arrested two men for operating mule accounts in a private bank, facilitating suspicious transactions exceeding Rs 4.19 crore on behalf of cyber fraudsters.
Dehradun Bank Crisis: RBI Restrictions Spark Depositor Outcry
Account holders of Urban Co-operative Bank Ltd in Dehradun protest after RBI imposes six-month withdrawal ban, leaving Rs 124 crore deposits stuck. Depositors demand swift action and accountability.
Collective Responsibility Key for Viksit Bharat 2047: Retired IAS Officer
Retired IAS officer Debasish Panda emphasized that India's goal of becoming a developed nation by 2047 requires collective effort from all sectors, not just government action, during Karnataka Bank's Founders' Day lecture.
ICAI to Implement ISAS from February End to Boost Audits
The Institute of Chartered Accountants of India (ICAI) will introduce comprehensive Indian Standards on Auditing (ISAS) from late February 2026. These new standards will be voluntary for the initial six months before becoming mandatory for all member CAs,
EY India Launches AI-Powered Tax Solutions for Businesses
EY India has introduced AI-enabled enterprise tax solutions, leveraging artificial intelligence to streamline tax processes, enhance compliance, and improve accuracy for businesses across sectors.
ICAI to Implement New Information Systems Audit Standards
The Institute of Chartered Accountants of India (ICAI) is set to implement new information systems audit standards and collaborate with SEBI, RBI, and other regulators to expand their application across sectors.
SEBI Forms Working Group to Review ESG Rating Providers Framework
The Securities and Exchange Board of India (SEBI) has formed a working group to comprehensively review the regulatory framework for ESG rating providers, aiming to enhance transparency and reliability in sustainable investing.
Sebi Forms Group to Review ESG Rating Regulations
Sebi establishes a working group to review ESG Rating Provider regulations, aiming to enhance transparency and align with global practices based on stakeholder feedback.
Rupee Rises 5 Paise to Close at 90.67 vs US Dollar
The Indian rupee appreciated by 5 paise to settle at 90.67 against the US dollar, driven by positive domestic equity trends and foreign fund inflows.
Mortgage Loans: Apply with Minimal Documentation Now
Banks and financial institutions are offering mortgage loans with simplified documentation processes, making it easier for borrowers to secure financing for property purchases.
Emerald Finance Expands Earned Wage Access with Employer Deals
Emerald Finance Limited has enhanced its earned wage access platform by securing multiple employer partnerships, aiming to improve financial flexibility for employees across India.
Rupee Gains 5 Paise to 90.67 Against US Dollar in Early Trade
The Indian rupee appreciated by 5 paise to trade at 90.67 against the US dollar in early trade on February 18, 2026, after opening at 90.60 at the interbank foreign exchange market.
Upcoming Bank Holidays in India: February 2024 Schedule
Planning a bank visit? Check the latest holiday list for February 2024, including state-specific closures like Losar in Sikkim and Chhatrapati Shivaji Maharaj Jayanti in Maharashtra. Learn how digital services remain available.
BOB IT Recruitment 2026: Apply by Feb 19 for 418 Tech Jobs
Bank of Baroda closes online registration for IT Recruitment 2026 tomorrow, February 19, 2026. Apply for 418 posts in software, cybersecurity, and more. Check eligibility, fees, and how to apply.
HDFC Bank Employee Killed by Speeding Bike in Bengaluru
A tragic incident in Bengaluru resulted in the death of an HDFC Bank employee after being struck by a speeding motorcycle. Police have filed an FIR as investigations continue.
RBI Proposes Forex Market Liberalization with Extended Hours
The Reserve Bank of India has unveiled a draft framework to liberalize currency markets, extending trading hours, broadening hedging tools, and integrating with global liquidity pools to manage forex risk more effectively.
Baghat Bank Weighs Merger and Share Sale in Himachal
Baghat Bank in Himachal Pradesh is evaluating strategic options including a merger with a larger bank or a share sale to strengthen its financial position and expand operations.
Nagpur Hospital Survey: Rs 2.5 Crore Cash Receipts Found
The Income Tax Department's ICI wing surveyed a Nagpur multispeciality hospital, uncovering Rs 2.5 crore in cash receipts from 100 transactions, violating the Rs 2 lakh cash limit rule. This follows a similar survey last week, with total findings exceedin
Stablecoins in India: Promise and Peril of Digital Assets
Exploring the potential and risks of stablecoins for India's economy, with insights from European regulatory frameworks like MICA for e-money and asset-referenced tokens.
Doctor Files Complaint Over Rs 41 Lakh Stock Fraud in Jamnagar
A Jamnagar-based doctor alleges breach of trust and misappropriation of over Rs 41 lakh by directors of a brokerage firm, with shares never credited to his demat account.
HDFC ERGO Ordered to Pay Full Claim for Dengue Treatment
Dharwad District Consumer Commission rules in favor of policyholder, orders HDFC ERGO to reimburse full medical expenses with interest and pay Rs 60,000 in compensation for deficiency in service.
Punjab & Sind Bank Opens Patna Zonal Office for Bihar-Jharkhand
Punjab & Sind Bank has inaugurated a new zonal office in Patna to oversee 43 branches across Bihar and Jharkhand, led by Executive Director Rajeeva and senior officials.
RBI Draft Allows More Forex Flexibility for Authorised Dealers
The Reserve Bank of India has issued draft directions to grant authorised dealers greater operational freedom in foreign exchange transactions, including hedging, market-making, and overseas trading with safeguards.
Infosys Stock Rallies 5% After AI Deal with Anthropic
Infosys shares surged 5% to Rs 1,430.95 after announcing a collaboration with Anthropic to integrate Claude AI models into its Topaz platform, easing investor fears about AI disruption in IT services.
Gold, Silver Prices Fall 2% Amid Weak Demand and Global Cues
Gold and silver prices experienced a significant decline of up to 2% due to muted demand and negative global market signals, with international rates dropping notably.
RBI Buys 47% of Govt Bonds to Support Banking System Liquidity
The Reserve Bank of India has acquired government securities worth 47% of total bond issuances in FY26 through OMO purchases, injecting durable liquidity to cushion the banking system amid heavy government borrowing.
Mastercard's AI Agentic Commerce Debuts at India AI Summit
Mastercard demonstrates India's first fully authenticated agentic commerce transaction, enabling AI agents to shop and pay securely on behalf of users without manual intervention.
Gold Futures Drop 2% to Rs 1.52 Lakh on Dollar Strength
Gold futures on MCX fell by Rs 2,228 to Rs 1,52,532 per 10 grams, a 1.44% decline, driven by a robust US dollar and high trading volume of 7,553 lots.
Page 7 of 102