The Indian rupee rebounded by 55 paise to close at Rs 91.6 per dollar on Thursday, following RBI intervention through state-run banks in forex markets to stabilize the currency amid geopolitical tensions.
Bank of Baroda has successfully raised Rs 10,000 crore through Series I long-term green infrastructure bonds, becoming the first bank in India to issue domestic green bonds. The issuance was oversubscribed, receiving bids worth Rs 16,415 crore.
Public sector banks increased market share in auto and home loans in Q3 FY26, while private banks and NBFCs continue to lead unsecured consumer credit segments like personal loans and credit cards.
Madurai Corporation received 20 new computers worth ₹5.09 lakh from City Union Bank under its CSR program. The donation will support official work across various departments.
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Haryana's ACB reveals multiple shell companies like Swastik, Cap Co Fintech, and SRR Planning were used in a Rs 590-crore bank scam to divert government funds through fraudulent transactions.
The Reserve Bank Innovation Hub's MuleHunter.AI uses AI to detect and block mule accounts in real-time, targeting digital arrest scams and money laundering networks across Indian banks.
This article provides a detailed overview of the Niva Bupa health insurance claims process, including steps for cashless and reimbursement claims, required documents, and tips for policyholders.
The UAE Central Bank Governor affirms the banking sector's strength and stability, highlighting robust capital adequacy and liquidity despite regional challenges.
Unity Small Finance Bank alleges five former staff conspired to cause massive losses through illegal loan approvals, inflated valuations, and bribery in Hyderabad's south zone.
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The Society for Worldwide Interbank Financial Telecommunication (Swift) unveils a new framework to make international retail transfers faster, cheaper, and more predictable, with major Indian banks participating.
Raajmarg Infra Investment Trust's IPO has successfully listed on the NSE and BSE, with shares trading at a premium. The trust focuses on investing in national highway assets under NHAI, aiming for stable returns by 2026.
The Indian rupee recovered from its lowest level, settling 45 paise higher at 91.60 against the US dollar. Forex analysts attribute this rebound to Reserve Bank intervention amid volatility from US-Israel-Iran war uncertainties.
Kissht's 'Zindagi Ke Rang, Kissht Ke Sang' initiative integrates cultural heritage with community engagement, fostering financial inclusion and social bonds through local traditions and digital platforms.
The Reserve Bank of India proposes strict new rules requiring banks to refund customers fully plus compensation for mis-sold insurance and mutual funds, potentially changing the financial industry's profit model.
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Abhilash Koikkara of Nuvama forecasts MCX gold may surge to Rs 1.72 lakh and silver to Rs 3 lakh, with technical analysis highlighting key support and resistance levels for traders.
State Bank of India inducts 5,783 junior associates and announces a plan to hire 16,000 employees annually, as stated by Chairman Dinesh Khara, highlighting growth and digital transformation.
Morgan Stanley has eliminated 2,500 positions across investment banking, trading, wealth, and investment management. The cuts come after a record-breaking 2025 with historic revenue and strong Q4 profits.
The Indian rupee recovered 51 paise to trade at 91.54 against the US dollar on Thursday, after hitting an all-time low of 92.05. Traders link the currency's volatility to surging crude oil prices amid Middle East tensions.
The Indian rupee recovered from its all-time low, appreciating by 48 paise to trade at 91.57 against the US dollar in early market activity on March 5, 2026.
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RBI Deputy Governor J Swaminathan warns that governance failures, not knowledge gaps, cause financial crises. He highlights ignored red flags and misaligned incentives as key risks in India's rapidly scaling financial system.
Municipal bonds are emerging as a key financial tool for urban reform, enabling cities to fund infrastructure projects and improve governance through market-based mechanisms.
Over four years after RBI revoked Madgaum Urban Co-operative Bank's license, 800 depositors with large sums remain unpaid. DICGC proposal offers partial relief, but property sale delays stall full recovery.
The North Goa consumer disputes redressal commission dismissed a complaint by Kenneth D'Souza against HDFC Bank for Rs 89,902 lost in online fraud, citing 2-factor authentication and customer negligence.
The Reserve Bank of India will conduct a government securities switch auction worth Rs 20,000 crore on March 9 to manage bond redemption pressure. This is the fourth such auction since February.
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Walmart-backed PhonePe plans a $1.05 billion IPO at a valuation of $9-10.5 billion, making it India's second-largest fintech offering after Paytm. The OFS includes exits by Walmart, Tiger Global, and Microsoft.
The Reserve Bank of India has officially opened applications for 650 Assistant positions across India. The online registration window is active from February 16 to March 8, 2026.
Universal Sompo General Insurance introduces the 'One Policy, One Tree' initiative, planting a tree for every motor insurance policy sold to promote eco-friendly transportation and sustainability.
Petronet LNG shares fell nearly 12% after Qatar, India's top LNG supplier, declared force majeure due to production halts from Middle East tensions, disrupting up to 40% of industrial gas supplies.
Gold and silver prices in India saw fluctuations on March 4, 2026, with 24-carat and 22-carat gold rates varying across major cities like Chennai, Delhi, and Mumbai. Global COMEX gold and silver prices also moved, influenced by USD trends.
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