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1629 Wilful Defaulters Owe Rs 1.62 Lakh Crore To PSU BanksBusiness
1629 Wilful Defaulters Owe Rs 1.62 Lakh Crore To PSU Banks

Public sector banks have written off a whopping Rs12.08 lakh crore in bad loans between the financial year 2015–2016 and...

22 July 2025 10:56 PM IST

Microfinance Sector May Cross Rs 10 Lakh Crore in 5–6 YearsBusiness
Microfinance Sector May Cross Rs 10 Lakh Crore in 5–6 Years

The present AUM penetration stands at 35 per cent across 16 states, highlighting significant headroom for expansion.

22 July 2025 12:40 AM IST

Banks Cannot Force Digital Banking Services On Customers: RBI Draft NormsNation
Banks Cannot Force Digital Banking Services On Customers: RBI Draft...

Reserve Bank of India (RBI) on Monday issued draft guidelines on Digital Banking Channel (Directions) Authorisation 2025...

21 July 2025 10:57 PM IST

Banks Expect Credit Card Defaults To Taper From Second Half of This FiscalNation
Banks Expect Credit Card Defaults To Taper From Second Half of This...

Lenders such as ICICI Bank,Yes Bank and RBL Bank said that they have consciously chosen the strategy to grow in...

20 July 2025 11:05 PM IST

Insurance Firms Gear Up For Tesla With EV-Specific PoliciesBusiness
Insurance Firms Gear Up For Tesla With EV-Specific Policies

For an IDV of ₹55,94,552, the premium ranges anywhere from ₹40,000 to ₹2,20,000 depending on the choice of features and...

19 July 2025 12:30 AM IST

Axis Bank Q1 Net Profit Falls To Rs 5806 CroreNation
Axis Bank Q1 Net Profit Falls To Rs 5806 Crore

In Q1FY26, the bank reported fresh slippages of Rs 8,200 crore, up 71 per cent Y-o-Y and sequentially. Of this, Rs 7,500...

17 July 2025 8:28 PM IST

SBI Launches Rs 25000 Crore Share Via QIPBusiness
SBI Launches Rs 25000 Crore Share Via QIP

Board has approved raising up to Rs 20,000 crore through bonds this fiscal: SBI

16 July 2025 11:51 PM IST

IRDAI Proposes Gold ETF Investment, Higher Limits For REITs And InvITsBusiness
IRDAI Proposes Gold ETF Investment, Higher Limits For REITs And InvITs

The proposed norms would be applicable for life, general and health insurers: Reports

16 July 2025 11:31 PM IST

Banks To Report Weak Q1FY26 EarningsBusiness
Banks To Report Weak Q1FY26 Earnings

Banks will see a sequential decline in net interest margin (NIM), a key profitability ratio as the impact of RBI’s 100...

14 July 2025 10:07 PM IST

India’s Economy Resilient Despite Global Headwinds: RBIBusiness
India’s Economy Resilient Despite Global Headwinds: RBI

Increase in unemployment was partly driven by seasonal agricultural patterns and extreme heat in some regions, limiting...

26 Jun 2025 12:55 AM IST

Rupee Strengthens Most in a Month on Ceasefire AnnouncementBusiness
Rupee Strengthens Most in a Month on Ceasefire Announcement

Asian currencies were up between 0.1 per cent and 1.7 per cent on the day and global stocks rallied with U.S. equity...

25 Jun 2025 2:03 AM IST

Rupee Declines 23 Paise to 86.78 Against US DollarBusiness
Rupee Declines 23 Paise to 86.78 Against US Dollar

The domestic unit finally settled to five-month low of 86.78, down 23 paise from its previous close of 86.55 on Friday.

23 Jun 2025 11:44 PM IST

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