BharatPe partners with Yes Bank to launch 'Pay Later with BharatPe', an instant credit-on-UPI solution for merchants. This BNPL product aims to empower small businesses and ease consumer daily expenses. #Fintech #UPI #India
Indian rupee strengthens in early trade, rising 22 paise against the US dollar. Recovery fueled by RBI intervention, corporate inflows, and easing oil prices. SBI projects strong rebound by FY27.
The Indian rupee is expected to weaken on Monday, giving back some gains after the Reserve Bank of India's forceful interventions last week triggered its strongest rally since June. Traders are now watching for the central bank's next steps.
Kotak Mahindra Bank CEO Ashok Vaswani outlines why the bank sees little value in listing subsidiaries, unlike rivals ICICI and HDFC Bank. Read his strategy for building a lasting franchise.
Japan's MUFG Bank invests ₹39,564 crore for a 20% stake in Shriram Finance, eyeing future management control and capitalizing on the NBFC's strong RoA. Read the full analysis.
Years after the Karuvannur cooperative bank scam surfaced, over Rs 260 crore remains locked for 30,078 depositors. Govt data reveals slow repayments hinge on loan recovery. Details inside.
India's new insurance bill allows 100% FDI and mergers with non-insurance firms, paving the way for listings and sector growth. Read the full analysis.
Banks will be shut for up to six days next week in parts of India due to festivals and weekends. Check the full state-wise list of closures and available online services.
State Bank of India's home loan portfolio, its largest business unit, is on track to exceed ₹10 lakh crore next year, driven by strong demand and low NPAs. Discover the growth story.
Himachal Pradesh High Court directs Kangra bank to release DGM's pending pay & promotion benefits since 2022, but refuses to quash chargesheet. Details on the legal battle inside.
A major fraud of Rs 2.03 crore siphoned from Gujarat Tourism's bank account via forged documents. Union Bank manager suspended. Details of the investigation inside.
A Firozabad court hands life imprisonment to an Indian Bank cashier for siphoning off Rs 1.8 crore from villagers' accounts. Five associates get 10-year rigorous imprisonment. Details inside.
The Indian government's shareholding in Indian Overseas Bank has declined to 92.44% after a successful Offer for Sale. The move aligns with Sebi's public shareholding norms. Read the full details.
YES Bank economists predict the RBI's rate-cut cycle has ended. The central bank is expected to enter a long pause with a neutral stance, focusing on growth and liquidity. Read more.
RBI central board approves shift to risk-based deposit insurance pricing. Stronger banks to pay lower premiums, weaker ones to pay more under new DICGC framework. Learn the details.
RBI's MPC unanimously cut repo rate by 25 bps to 5.25%, citing sharp fall in inflation. Members warn prolonged low inflation could hurt growth and MSMEs. Details inside.
After a record year of foreign investment in Indian lenders, global capital is now eyeing older, mid-sized private banks like South Indian Bank for 2026 deals. Experts analyze the potential and challenges.
Banks in Sikkim are closed on December 20, 2025, for the Losoong harvest festival, creating a three-day weekend. Check the full list of 17 bank holidays across India for December 2025 here.
Japan's MUFG acquires a 20% stake in Shriram Finance for Rs 39,618 crore, marking the largest FDI in India's financial services sector. This strategic partnership aims to boost capital and global expertise.
Enforcement Directorate questions Jai Anmol Ambani for over 7 hours, summons him again. Probe focuses on Rs 13,000 crore Yes Bank exposure to Reliance ADAG. Read the latest developments.
Chhattisgarh ACB arrests SBI chief manager for allegedly siphoning ₹2.78 crore from bank's internal account into cryptocurrency and commodity trading. Read the full investigation details.
Japan's largest bank, MUFG, makes a historic Rs 39,618 crore investment for a 20% stake in Shriram Finance, marking the largest FDI in India's financial services sector. Read details.
RBI Governor Sanjay Malhotra, citing a benign inflation outlook, argues real interest rates must be lower. The MPC cut the repo rate by 25 bps to 5.25%. Read the full analysis of the minutes here.
The Enforcement Directorate questioned Anil Ambani's son, Jai Anmol Ambani, in a ₹1,200 crore Yes Bank fraud case. Details on the probe and money laundering allegations.
The RBI's Central Board discussed the global and domestic economic situation, challenges, and the central bank's annual report. Key focus areas included inflation and financial stability. Read the full analysis.
India's foreign exchange reserves surged by $1.689 billion to $688.949 billion for the week ending December 12, RBI data shows. Gold and foreign currency assets saw significant growth. Read the full analysis.
PNB MetLife partners with Policybazaar to launch DigiProtect, a term insurance plan for salaried individuals. Offers up to ₹5 crore coverage, simplified underwriting. Learn more.
RBI Governor Sanjay Malhotra advocated for a 25-bps repo rate cut in December to support growth amid a favorable inflation outlook, MPC minutes reveal. Read the full analysis.
State Bank of India has declared the SBI Clerk Mains Result 2025. Candidates can now download their scorecard PDF from the official website sbi.co.in. Check steps and details here.
Japan's MUFG Bank invests Rs 39,618 crore for a 20% stake in Shriram Finance, marking a major FDI in India's NBFC sector. Deal awaits shareholder, regulatory nods.