Royal Sundaram General Insurance introduces EV Protect, an add-on cover for comprehensive electric vehicle insurance, offering enhanced protection for batteries, charging equipment, and more.
The Indian rupee opened at 90.91 against the US dollar in early interbank foreign exchange trading before declining to 90.95, marking a 4 paise drop from its previous close.
Ageas Federal Life Insurance aims to triple its business in three years by increasing term insurance and annuities, targeting a top-10 spot in India's life insurance sector.
Indian banks are increasingly targeting mass affluent and affluent customers for personal loans, moving away from riskier borrowers. This shift comes amid regulatory concerns over unsecured lending and rising delinquencies in small-ticket loans.
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A massive Rs 590 crore bank fraud has been uncovered in Chandigarh, involving at least four accused, including managerial staff. The fraud amount surpasses IDFC First Bank's third-quarter net profit of Rs 503 crore.
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SEBI has issued new guidelines requiring regulated entities and agents to disclose their registration number on social media platforms for all posts and videos to enhance transparency and investor protection.
Motilal Oswal Financial Services forecasts gold hitting $6,000/oz in 12 months, potentially $7,500 medium-term, driven by de-dollarisation, fiscal stress, and geopolitical risks reshaping global finance.
The Central Bureau of Investigation has registered a new case against Anil Ambani for an alleged Rs 2,200 crore loan fraud with Bank of Baroda, conducting raids at his Mumbai residence.
The Indian rupee experienced a marginal decline of 1 paisa, closing at 90.92 against the US dollar, influenced by global market trends and domestic economic factors.
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DeepSnitch AI cryptocurrency posts a massive 30,000% surge in 24 hours, while major players like Solana and Bitcoin struggle to break key resistance levels in the volatile market.
A 74-year-old man from Mangaluru was defrauded of Rs 1.77 crore in a sophisticated 'American commodities' investment scheme. The scam initially paid returns to build trust before swindling him of his life savings.
Bajaj Finance introduces personal loans featuring competitive low interest rates and highly flexible repayment terms, designed to meet diverse financial needs for customers across India.
India's market regulator SEBI has revamped mutual fund categorization rules, introducing life-cycle funds and scrapping solution-oriented schemes to enhance investor clarity and product innovation.
Gold futures in India dropped by Rs 539 to Rs 1.60 lakh per 10 grams, while silver futures fell by Rs 3,264 to Rs 2.65 lakh per kilogram, driven by weak global cues and market sell-offs.
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IDFC First Bank has made a significant payment of INR 583 crore to the government, reinforcing its commitment to transparency and regulatory compliance in the banking sector.
Gold prices maintain a bullish bias with support at 157,000, targeting 170,000, while silver faces resistance at 280,000 with support at 255,000, according to Nuvama's Abhilash Koikkara.
Customers must check the March 2026 bank holiday calendar for state-specific closures due to festivals like Holi, Eid, and Ram Navami. Digital services remain operational.
IRDAI member Deepak Sood highlights the need to reduce customer acquisition and management expenses to make health insurance affordable for the 'missing middle' segment.
Scheduled commercial banks have reversed a contraction in FY25 by expanding non-food credit faster than the overall resource pool in FY26 up to Jan 31, lifting their share of total commercial sector funding to 63.2%.
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Telecom Minister Jyotiraditya Scindia stated that no telecom company except Vodafone Idea will receive relief on AGR dues, as the government operates strictly under Supreme Court mandates. He also discussed satellite services rollout and SIM-binding norms
Worldline will sell its India payments business to BillDesk for 60 million euros in equity, including a long-term software agreement. The deal aims to sharpen Worldline's European focus while maintaining India as an AI innovation hub.
India's credit card market shows strong consolidation, with HDFC Bank and SBI now controlling nearly half of total spending value. The top five banks dominate 85.6% of transaction value as of January 2026.
NSE International Exchange launches a platform from GIFT City enabling Indian retail investors and NRIs to invest in shares across 30 global markets, starting with US stocks and expanding to UK, Japan, and Europe.
Sebi Chairman Tuhin Kanta Pandey emphasizes India's strong capital formation, rising domestic participation, and regulatory reforms that position the country as a credible, durable growth market for long-term investment.
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State-run Mysore Sales International Ltd (MSIL) is formalizing its NBFC operations and targeting rural expansion in Karnataka by partnering with self-help groups (SHGs) and hiring recently retired bankers to boost its chit fund business.
SBI Foundation constructed 380 farm ponds and desilted 22 village ponds in Gadag district over three years, benefiting thousands of farmers through improved irrigation and soil conservation.
The Reserve Bank of India will conduct a government bond switch auction worth Rs 25,000 crore on March 2, 2025, to manage debt maturity and liquidity in the financial system.
A clever thief targeted three banks in Rajkot, stealing Rs 50,000 using a currency exchange trick. Police investigate identical modus operandi across crowded branches.
Learn what happens when banks classify your account as dormant or inoperative, the rules governing such accounts, and how to reactivate them to avoid penalties.
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Airtel Payments Bank introduces NFC feature allowing customers to instantly check or update RuPay On-The-Go card balances via Android smartphones, eliminating metro station visits.
